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Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser), Offering (Hardware, Software, and Services), End User (Machine Tools, Semiconductor & Electronics, Automotive), and Geography - Global Forecast to 2024

Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser), Offering (Hardware, Software, and Services), End User (Machine Tools, Semiconductor & Electronics, Automotive), and Geography - Global Forecast to 2024

“The laser marking market is expected to grow at a CAGR of 6.0% from 2019 to 2024”
The overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0% during the forecast period. Increasing adoption of laser marking across end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

“Diode laser type is likely to grow at the highest CAGR during the forecast period”
By type, the market for diode laser is expected to grow at the highest CAGR within the overall laser marking market during the forecast period. The diode laser is also known as a laser diode or injection laser. After passing current through the laser, diode laser produces coherent radiation in the visible or infrared spectrum. The market growth for this laser type can be attributed to its application in ablation marking, day/night marking, and heat affected zone marking.

“Hardware offering held the largest share of the laser marking market in 2018”
By offering, the hardware segment accounted for the largest share of the laser marking market in 2018. This largest market share can be attributed to the high requirement of hardware in several types of laser marking systems. Hardware components, such as laser, controller, filter, rotary device, galvanometer, and power supply, are the building blocks of laser markers and engraving machines and are elemental for their proper functioning.

“APAC is expected to hold a significant share of the laser marking market by 2024”
APAC is expected to account for the largest share of the laser marking market by 2024. China, India, South Korea, and Japan are the major contributors to the growth of the laser marking market in APAC. APAC has been ahead in terms of adoption of laser marking products and solutions compared to other regions. The region’s huge population, increasing R&D investments, and growing manufacturing and electronics sectors are expected to drive the growth of the laser marking market.

Breakdown of profiles of primary participants:
By Company Type: Tier 1 = 25%, Tier 2 = 40%, and Tier 3 = 35%
By Designation: C Level = 35%, Director Level = 25%, and Others = 40%
By Region: North America = 45%, Europe = 20%, APAC = 25%, and RoW = 10%

Major players profiled in this report:
Coherent (US)
Han’s Laser (China)
Trumpf (Germany)
Gravotech (France)
Jenoptik (US)
Epilog Laser (US)
600 Group (UK)
Mecco (US)
Laserstar (US)
Novanta (US)

Research Coverage
This report offers detailed insights into the laser marking market, segmented based on laser type, offering, end user, and region. By laser type, the laser marking market has been segmented into fiber laser, diode laser, solid state laser, and CO2 laser. By offering, the market has been segmented into hardware, software, and services. By end user, the market has been segmented into machine tools, semiconductor & electronics, automotive, medical & healthcare, aerospace & defense, packaging, and others. The study forecasts the size of the market in 4 regions—North America, Europe, APAC, and RoW.

Reasons to buy the report
The report would help market leaders/new entrants in this market in the following ways:
1. This report segments the laser marking market comprehensively and provides the closest approximations of the overall market’s size and its subsegments (across different laser types, offerings, end users, and regions).
2. The report would help stakeholders understand the pulse of the market and provide them with information about key drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem and product launches, contracts, and mergers and acquisitions carried out by major market players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • SCOPE OF THE STUDY
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
      • SECONDARY AND PRIMARY RESEARCH
        • Table LIST OF MAJOR SECONDARY SOURCES
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN LASER MARKING MARKET
    • LASER MARKING MARKET, BY LASER TYPE
    • LASER MARKING MARKET, BY OFFERING
    • LASER MARKING MARKET, BY END USER
    • LASER MARKING MARKET IN APAC, BY COUNTRY AND END USER
    • LASER MARKING MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • LASER MARKING MARKET, BY LASER TYPE
    • INTRODUCTION
      • Table LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
      • Table LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (THOUSAND UNITS)
    • FIBER LASER
      • FEATURES SUCH AS HIGH OUTPUT POWER, FLEXIBLE FIBER LIGHT, COMPACT SIZE, AND HIGH OPTICAL QUALITY DRIVE DEMAND FOR FIBER LASER
        • Table FIBER LASER MARKING MARKET, BY END USER, 2016–2024 (USD MILLION)
        • Table FIBER LASER MARKING MARKET, BY OFFERING, 2016–2024 (USD MILLION)
    • DIODE LASER
      • DIODE LASER IS WELL SUITED FOR ABLATION MARKING, DAY/NIGHT MARKING, AND HEAT AFFECTED ZONE APPLICATIONS
        • Table DIODE LASER MARKING MARKET, BY END USER, 2016–2024 (USD MILLION)
        • Table DIODE LASER MARKING MARKET, BY OFFERING, 2016–2024 (USD MILLION)
    • SOLID STATE LASER
      • Table SOLID STATE LASER MARKING MARKET, BY END USER, 2016–2024 (USD MILLION)
      • Table SOLID STATE LASER MARKING MARKET, BY OFFERING, 2016–2024 (USD MILLION)
      • YAG LASER
      • NEODYMIUM GLASS LASER
      • THIN DISK LASER
    • CO2 LASER
      • WIDE RANGE OF COMMERCIAL, INDUSTRIAL, AND MILITARY APPLICATIONS DRIVES DEMAND FOR CO2 LASER
        • Table CO2 LASER MARKING MARKET, BY END USER, 2016–2024 (USD MILLION)
        • Table CO2 LASER MARKING MARKET, BY OFFERING, 2016–2024 (USD MILLION)
  • LASER MARKING MARKET, BY OFFERING
    • INTRODUCTION
      • Table LASER MARKING MARKET, BY OFFERING, 2016–2024 (USD MILLION)
    • HARDWARE
      • Table HARDWARE LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
      • LASER
      • CONTROLLER
      • FILTER
      • ROTARY DEVICE
      • GALVANOMETER
      • POWER SUPPLY
    • SOFTWARE
      • SOFTWARE ENABLES A LASER MARKER TO PERFORM SEVERAL FUNCTIONS, INCLUDING LASER MARKING OF TEXTS, LOGOS, GRAPHICS, DATA-MATRIX CODES, AND BARCODES
        • Table SOFTWARE LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
    • SERVICES
      • BOTH PRE- AND POST-SALES SERVICES ARE OFFERED BY COMPANIES AND THEIR CHANNEL PARTNERS
        • Table SERVICES LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
  • LASER MARKING MARKET, BY END USER
    • INTRODUCTION
      • Table LASER MARKING MARKET, BY END USER, 2016–2024 (USD MILLION)
    • MACHINE TOOLS
      • ABILITY OF LASER MARKERS TO PROVIDE PERMANENT ALPHANUMERIC DETAILS ON OBJECTS DRIVES THEIR DEMAND IN MACHINE TOOLS MANUFACTURING
        • Table MACHINE TOOLS LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
        • Table MACHINE TOOLS LASER MARKING MARKET, BY REGION, 2016–2024 (USD MILLION)
        • Table MACHINE TOOLS LASER MARKING MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table MACHINE TOOLS LASER MARKING MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table MACHINE TOOLS LASER MARKING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table MACHINE TOOLS LASER MARKING MARKET IN ROW, BY REGION, 2016–2024 (USD MILLION)
    • SEMICONDUCTOR & ELECTRONICS
      • PERMANENT, SOLDER-RESISTANT, AND MACHINE-READABLE LASER MARKINGS ARE USED IN PCBS TO ENSURE FLAWLESS QUALITY AND GUARANTEE ACCURATE IDENTIFICATION
        • Table SEMICONDUCTOR & ELECTRONICS LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
        • Table SEMICONDUCTOR & ELECTRONICS LASER MARKING MARKET, BY REGION, 2016–2024 (USD MILLION)
        • Table SEMICONDUCTOR & ELECTRONICS LASER MARKING MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table SEMICONDUCTOR & ELECTRONICS LASER MARKING MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table SEMICONDUCTOR & ELECTRONICS LASER MARKING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table SEMICONDUCTOR & ELECTRONICS LASER MARKING MARKET IN ROW, BY REGION, 2016–2024 (USD MILLION)
    • AUTOMOTIVE
      • LASER MARKING SYSTEMS FIND APPLICATION IN A VARIETY OF MATERIALS FOR CODES AND CONTENTS
        • Table AUTOMOTIVE LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
        • Table AUTOMOTIVE LASER MARKING MARKET, BY REGION, 2016–2024 (USD MILLION)
        • Table AUTOMOTIVE LASER MARKING MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table AUTOMOTIVE LASER MARKING MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table AUTOMOTIVE LASER MARKING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table AUTOMOTIVE LASER MARKING MARKET IN ROW, BY REGION, 2016–2024 (USD MILLION)
    • MEDICAL & HEALTHCARE
      • MEDICAL & HEALTHCARE INDUSTRY REQUIRES HIGH PRECISION LASERS FOR PRODUCTS TO MEET THE STRINGENT IDENTIFICATION AND TRACEABILITY GUIDELINES
        • Table MEDICAL & HEALTHCARE LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
        • Table MEDICAL & HEALTHCARE LASER MARKING MARKET, BY REGION, 2016–2024 (USD MILLION)
        • Table MEDICAL & HEALTHCARE LASER MARKING MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table MEDICAL & HEALTHCARE LASER MARKING MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table MEDICAL & HEALTHCARE LASER MARKING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table MEDICAL & HEALTHCARE LASER MARKING MARKET IN ROW, BY REGION, 2016–2024 (USD MILLION)
    • AEROSPACE & DEFENSE
      • ABILITY TO WORK WITH SEVERAL METALS MAKES LASER MARKERS IDEAL FOR AEROSPACE & DEFENSE VERTICAL
        • Table AEROSPACE & DEFENSE LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
        • Table AEROSPACE & DEFENSE LASER MARKING MARKET, BY REGION, 2016–2024 (USD MILLION)
        • Table AEROSPACE & DEFENSE LASER MARKING MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table AEROSPACE & DEFENSE LASER MARKING MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table AEROSPACE & DEFENSE LASER MARKING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table AEROSPACE & DEFENSE LASER MARKING MARKET IN ROW, BY REGION, 2016–2024 (USD MILLION)
    • PACKAGING
      • PACKAGING VERTICAL TO WITNESS THE HIGHEST GROWTH RATE AMONG END USERS
        • Table PACKAGING LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
        • Table PACKAGING LASER MARKING MARKET, BY REGION, 2016–2024 (USD MILLION)
        • Table PACKAGING LASER MARKING MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table PACKAGING LASER MARKING MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table PACKAGING LASER MARKING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table PACKAGING LASER MARKING MARKET IN ROW, BY REGION, 2016–2024 (USD MILLION)
    • OTHERS
      • APPAREL & CLOTHING
      • ARCHITECTURE & DESIGNING
        • Table OTHERS LASER MARKING MARKET, BY LASER TYPE, 2016–2024 (USD MILLION)
        • Table OTHERS LASER MARKING MARKET, BY REGION, 2016–2024 (USD MILLION)
        • Table OTHERS LASER MARKING MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table OTHERS LASER MARKING MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table OTHERS LASER MARKING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
        • Table OTHERS LASER MARKING MARKET IN ROW, BY REGION, 2016–2024 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table LASER MARKING MARKET, BY REGION, 2015–2024 (USD MILLION)
    • NORTH AMERICA
      • Table LASER MARKING MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table LASER MARKING MARKET IN NORTH AMERICA, BY END USER, 2016–2024 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table LASER MARKING MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table LASER MARKING MARKET IN EUROPE, BY END USER, 2016–2024 (USD MILLION)
      • GERMANY
      • FRANCE
      • UK
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table LASER MARKING MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
      • Table LASER MARKING MARKET IN APAC, BY END USER, 2016–2024 (USD MILLION)
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • REST OF APAC
    • REST OF THE WORLD
      • Table LASER MARKING MARKET IN ROW, BY REGION, 2016–2024 (USD MILLION)
      • Table LASER MARKING MARKET IN ROW, BY END USER, 2016–2024 (USD MILLION)
      • MIDDLE EAST AND AFRICA (MEA)
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING ANALYSIS: LASER MARKING MARKET
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO (25 COMPANIES)
      • BUSINESS STRATEGY EXCELLENCE (25 COMPANIES)
    • COMPETITIVE SCENARIO
      • EXPANSIONS
        • Table EXPANSIONS, 2016–2018
      • PRODUCT LAUNCHES AND DEVELOPMENTS
        • Table PRODUCT LAUNCHES AND DEVELOPMENTS, 2016–2018
      • ACQUISITIONS
        • Table ACQUISITIONS, 2016–2018
      • PARTNERSHIPS, COLLABORATIONS, ALLIANCES, AND JOINT VENTURES
        • Table PARTNERSHIPS, COLLABORATIONS, ALLIANCES, AND JOINT VENTURES, 2016–2018
  • COMPANY PROFILES
    • KEY PLAYERS
      • COHERENT
      • HAN'S LASER
      • TRUMPF
      • GRAVOTECH
      • JENOPTIK
      • EPILOG LASER
      • 600 GROUP
      • MECCO
      • LASERSTAR
      • NOVANTA
    • OTHER COMPANIES
      • IPG PHOTONICS
      • ZHEJIANG JIATAI LASER SCIENCE AND TECHNOLOGY
      • ACSYS LASERTECHNIK
      • PANASONIC
      • DANAHER
      • ARIHANT MAXSELL TECHNOLOGIES
      • SINTEC OPTRONICS
      • VIDEOJET TECHNOLOGIES
      • LNA LASER
      • TELESIS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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