Laser Marking Machine Market Report 2024-2033 | Size, Share, Trends, Demand, Overview

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Laser Marking Machine Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The laser marking machine market size has grown strongly in recent years. It will grow from $2.82 billion in 2023 to $3.05 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increasing adoption of laser marking across end-users, the use of lasers in additive manufacturing, higher penetration of electronic devices, rising automation in industries and rising adoption of laser technology.

The laser marking machine market size is expected to see strong growth in the next few years. It will grow to $4.15 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to growing demand for material processing and increased investment in r&d is expected to drive the laser marking machine market. Major trends in the forecast period include focus on developing innovative laser marking goods, focus on merger and acquisition activity, focus on deploying artificial intelligence (ai) and machine learning (ml) applications, focus on investing in technological advancement focus on collaborations and partnerships.

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Market Segmentation:
The laser marking machine market covered in this report is segmented -

1) By Offering: Hardware, Software, Services
2) By Type: Fiber Laser, CO2 Laser, Green Laser, UV Laser, YAG Laser, Other Types
3) By Application: Machine Tools, Electronics And Microelectronics, Automotive, Medical, Aerospace, Packaging, Military, Other Applications

Major Driver - Growing Demand For Material Processing Drives The Market For Industrial Lasers
Increasing demand for material processing across numerous applications, including industrial machinery, automotive, aerospace, and construction, is driving the market for industrial lasers. The need for industrial laser sources is anticipated to rise as a result of the expanding usage of laser systems for material processing, which has a number of benefits including greater productivity, flexibility, and efficiency. For instance, in January 2022, TRUMPF, a German industrial machine manufacturing company, collaborated with Fraunhofer Institute for Laser Technology ILT. Through this partnership, it became expected to advance laser material deposition research and hasten the technology's introduction to the market. Customers would benefit from the collaboration's numerous years of application-specific process experience and unique combination of top-tier laser system technology. Fraunhofer Institute for Laser Technology ILT is a creator of cutting-edge laser beam sources and premium optical parts and systems. Therefore, increasing demand for material processing boosted the market for laser marking machines during the forecast period.

Competitive Landscape:
Major companies operating in the laser marking machine market report are Han's Laser Technology Industry Group Co. Ltd, TRUMPF Group, IPG Photonics Corporation, Keyence Corporation, Coherent Inc, Videojet Technologies Inc, Trotec Laser GmbH, Universal Laser Systems Inc, Epilog Laser, Novanta Inc, EtchON, Light Mechanics, Future Bit, Connect Automation, Proarc, Jinan Lingxiu Laser Equipment Co. Ltd, Chutian Laser, Lead Laser, Bystronic DNE, HSG Laser, Bodor Laser, Hymson, ROFIN-SINAR Laser GmbH, ES Precision, Solaris Laser S.A, Aramis Laser Systems, Eagle Lasers, Laser Systems S.R.L, LVD Group, Laser Processing, Histeresis, Radan, Laser Tech, Medicom, Gravotech Marking, TYKMA Electrox, LaserStar Technologies Corporation, Welle Laser, Amada Miyachi America, El.En. S.p.A, Apex International, Sisma, Civan Lasers, Neo Laser, Spectra Physics, Laseral, Amplitude, Quanta System, Lantek, Deka, Dar Elhamd, Maxlazer, SLTL, MER Systems, SA Argus, Applied Laser Power

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Top Trend - Integration Of 3D Printing Technology Drives Innovation In The Laser Marking Machine Market
3D printing technology is a key trend gaining popularity in the laser marking machine market. 3D printing is becoming more popular as the demand for high productivity, waste reduction, customization, reduced prices, and fewer errors. Industrial lasers would be in demand if 3D-printed machine tool components used selective laser melting and laser metal deposition. For instance, in August 2021, GCC, a reliable manufacturing company, that manufactures laser engravers, laser cutters, vinyl cutter machines, launched laser marker from the GCC LaserPro 3DS series. The 3D scan head built into the StellarMark 3DS series makes it simple for users to process cylinder-shaped and round objects. The working area of the scan head is 300 x 300 mm, and the focus distance is 100 mm.

The Table Of Content For The Market Report Include:

1. Executive Summary
2. Laser Marking Machine Market Characteristics
3. Laser Marking Machine Market Trends And Strategies
4. Laser Marking Machine Market - Macro Economic Scenario
5. Laser Marking Machine Market Size And Growth
…..
27. Laser Marking Machine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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