The Global Laser Marking Market is segmented further based on Offering Type, Laser Type, End-User, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
The Global Laser Marking Market is estimated to be USD 2.23 Bn in 2021 and is expected to reach USD 3.14 Bn by 2026, growing at a CAGR of 7.1%
The key factors driving the Global Laser Marking Market are the growing adoption of laser marking systems by various industries such as automotive, aerospace and defense, packaging, construction, medical, machine tools, and others driving the market's growth. Additionally, the advantages of laser marking techniques over traditional material ones are fuelling the development of the market. On the other hand, the high cost associated with system deployment restricts the market and hampers growth.
Furthermore, growing automation across healthcare, electronics and semiconductor, military, semiconductor, and research verticals. The increasing demand for custom engraving and marking solutions. These Laser marking techniques are more durable and convenient to read and scan; these factors will create potential opportunities for the market to grow in the forecasted period. Moreover, uncertain regulatory compliance is the challenge that may negatively affect the market’s growth shortly.
The Global Laser Marking Market is segmented further based on Offering Type, Laser Type, End-User, and Geography.
By Offering Type, the market is classified into Hardware, Software, and Services.
By Laser Type, the market is classified into CO2 Laser, Diode Laser, Fibre Laser, Green Laser, Solid State Laser, UV Laser, and YAG Laser.
By End-User, the market is classified into Automotive, Aerospace & Defence, Electronics & Semiconductor, Machine Tools, Medical & Healthcare, Packaging, and Others.
By Geography, Asia Pacific is projected to lead the market.
1. Novanta, Inc acquired Schneider Electric Motion USA, Inc and ATI Industrial Automation, Inc, which helped them to expand their position in high growth markets- August 31, 2021
2. II-VI Incorporated partnered with World Economic Forum as a member of the advanced manufacturing & production platform, which helped them to learn from a powerful group of companies-August 8, 2021
3. MECCO acquired FARO Photonics to supply the new innovative, high-quality products and laser solutions-May 04, 2021
Some of the companies covered in this report are 600 Group PLC, II-VI Incorporated, Epilog Corporation, Gravotech Engineering PVT Ltd, Han’s Laser Technology Industry Group Co Ltd, Jenoptik AG, LaserStar Technologies Corporation, MECCO, Novanta, Inc, and TRUMPF Group, etc.
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Laser Marking Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.
A complete analysis of the market, including parent industry
Important market dynamics and trends
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
600 Group PLC
ACSYS Lasertechnik GmbH
Agile Machinery Pvt Ltd
AMADA WELD TECH
Arihant Maxsell Technologies Private Limited
Good Credit Corporation (GCC)
Gravotech Engineering PVT Ltd
Guangdong Zhengye Technology Co Ltd
Han’s Laser Technology Industry Group Co Ltd
IPG Photonics Corporation
Jinan Style Machinery Co Ltd
LaserStar Technologies Corporation
LNA Laser Technology
RMI Laser, LLC
Sea Force Co Ltd
Sintec Optronics Pte Ltd
Telesis Technologies, Inc
Trotec Laser GmbH
Universal Laser Systems, Inc
Vytek Laser Systems
Wuhan HGLaser Engineering Co Ltd
Zhejiang Jiatai Laser Science and Technology Co Ltd
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