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Global Laser Marking Equipment Market 2017-2021

About Laser Marking Equipment

Laser marking process refers to the marking and labeling of various workpieces and materials using a laser beam. Laser marking can be divided into various processes, including annealing, staining, foaming, removing, and engraving. The laser marking equipment market has been segmented based on the type of product: fiber laser marking equipment, CO₂ laser marking equipment, and solid-state laser marking equipment. The market is dominated by fiber laser marking equipment due to its operational accuracy over other types of laser marking equipment.

Technavio’s analysts forecast the global laser marking equipment market to grow at a CAGR of 4.93% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global laser marking equipment market for 2017-2021. To calculate the market size, the report considers new installations, shipments, sales, volume, and value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Laser Marking Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Coherent
  • IPG Photonics
  • TRUMPF
Other prominent vendors
  • Beamer Laser Marking Systems
  • Beijing Kaitian Tech
  • COUTH
  • Epilog Laser
  • eurolaser
  • FOBA
  • Gravotech Marking
  • Hans YueMing Laser
  • Han's Laser Technology Industry Group
  • KEYENCE CORPORATION
  • LaserStar Technologies
  • MECCO
  • Photoscribe Technologies
  • RMI Laser
  • Senfeng CNC & Laser Technology
  • Telesis Technologies
  • Trotec Laser
  • TYKMA Electrox
  • Universal Laser Systems
  • Videojet Technologies
  • Vytek Laser Systems
  • Wuhan HGLaser Engineering
Market driver
  • Rise in automation
  • For a full, detailed list, view our report
Market challenge
  • Growing need for after-sales services
  • For a full, detailed list, view our report
Market trend
  • Increasing number of M&A
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Laser Marking Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global laser marking equipment market: Coherent, IPG Photonics, and TRUMPF.

Other Prominent Vendors in the market are: Beamer Laser Marking Systems, Beijing Kaitian Tech, COUTH, Epilog Laser, eurolaser, FOBA, Gravotech Marking, Hans YueMing Laser, Han's Laser Technology Industry Group, KEYENCE CORPORATION, LaserStar Technologies, MECCO, Photoscribe Technologies, RMI Laser, Senfeng CNC & Laser Technology, Telesis Technologies, Trotec Laser, TYKMA Electrox, Universal Laser Systems, Videojet Technologies, Vytek Laser Systems, and Wuhan HGLaser Engineering.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing number of M&A. The global laser marking equipment market is highly fragmented due to the presence of many local and international vendors, all engaged in intense competition with each other. Therefore, the major players in the market are resorting to acquisitions as a strategy to increase their market shares.”

According to the report, one driver in the market is rise in automation. Companies are shifting to automation to meet the desired high standards for quality, which is one of the results of globalization and increasing population. Investments in the process automation market in the US are increasing and are projected to reach $30 billion by 2021, indicating a growth rate of approximately 5%. This growth will primarily be witnessed in sectors such as software, hardware, services, technology, and the communication protocol used in automation.

Further, the report states that one challenge in the market is growing need for after-sales services. The importance that laser technology is gaining in manufacturing and other industrial processes is attributed to its productivity and efficiency. However, to ensure that their efficiency and productivity is not compromised, laser machines need continuous maintenance and servicing, which is inhibiting the adoption of these machines among end-users. Even a machine downtime of a few hours can result in heavy losses for businesses. However, vendors often cannot provide such rigorous maintenance and support, leading to customer dissatisfaction.

Companies Mentioned

Coherent, IPG Photonics, TRUMPF, Beamer Laser Marking Systems, Beijing Kaitian Tech, COUTH, Epilog Laser, eurolaser, FOBA, Gravotech Marking, Hans YueMing Laser, Han's Laser Technology Industry Group, KEYENCE CORPORATION, LaserStar Technologies, MECCO, Photoscribe Technologies, RMI Laser, Senfeng CNC & Laser Technology, Telesis Technologies, Trotec Laser, TYKMA Electrox, Universal Laser Systems, Videojet Technologies, Vytek Laser Systems, and Wuhan HGLaser Engineering.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
    • Functions and benefits of laser marking technology
  • Market landscape
    • Market size and forecast
      • Table Global laser marking equipment market 2016-2021 ($ millions)
      • Table Estimated growth of middle-class 2015, 2025, and 2035 (%)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global laser marking equipment market by product 2016 and 2021 (%)
    • Global fiber laser marking equipment market
      • Table Global fiber laser marking equipment market 2016-2021 ($ millions)
    • Global COlaser marking equipment market
      • Table Global COlaser marking equipment market 2016-2021 ($ millions)
    • Global solid-state laser marking equipment market
      • Table Global solid-state laser marking equipment market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global laser marking equipment market by geography 2016 and 2021 (%)
    • Laser marking equipment market in APAC
      • Table Laser marking equipment market in APAC 2016-2021 ($ millions)
      • Table Industrial production in China January 2016-August 2016 (%)
    • Laser marking equipment market in EMEA
      • Table Laser marking equipment market in EMEA 2016-2021 ($ millions)
      • Table Medical device manufacturing outsourcing market in EMEA 2016-2021 ($ billions)
    • Laser marking equipment market in Americas
      • Table Laser marking equipment market in Americas 2016-2021 ($ millions)
      • Table Industrial production in Brazil September 2015-August 2016 (%)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing number of M&A
    • Rising investments in R&D
    • Augmented demand from other end-user industries
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Coherent
    • IPG Photonics
    • TRUMPF
  • Appendix
    • List of abbreviations
  • Explore Technavio

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