Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Laser Engraving Equipment Market by Type (CO2 Laser Engraving Equipment, Fiber Laser Engraving Equipment, Others), By Application (Construction Industry, Material Processing, Wood Processing, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Laser Engraving Equipment Market by Type (CO2 Laser Engraving Equipment, Fiber Laser Engraving Equipment, Others), By Application (Construction Industry, Material Processing, Wood Processing, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 251462 4200 Machinery & Equipment 377 157 Pages 4.6 (39)
                                          

Market Overview:


The global laser engraving equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laser engraving equipment from various end-use industries, such as construction, material processing, wood processing, and others. In addition, technological advancements in laser engraving equipment are also contributing to the growth of this market. On the basis of type, CO2 lasers accounted for a major share of the global laser engraving equipment market in 2017.


Global Laser Engraving Equipment Industry Outlook


Product Definition:


Laser Engraving Equipment is a machine that uses lasers to engrave designs or text onto different surfaces. The laser beam is focused on the surface and the energy from the laser causes the material to vaporize. This creates a small hole in the surface and leaves behind a smooth, polished finish. Laser engraving is often used to create custom logos or text on items such as jewelry, watches, and pens. It can also be used for industrial applications such as etching serial numbers into metal parts.


CO2 Laser Engraving Equipment:


CO2 laser engraving equipment is a tool that uses carbon dioxide gas to burn or etch the material. The power of laser depends on its wavelength which can be seen in the type of light used by CO2 lasers. These lasers are mainly used for cutting and engraving materials such as metals, glass, plastics and so on. It has different applications like plastic injection molding, metal casting & fabrication, leather processing and woodworking among others.


Fiber Laser Engraving Equipment:


Fiber laser engraving equipment is used to cut or etch the material in which laser beam is passed and it's used for commercial applications such as automotive industry, packaging industry, consumer goods industry. Fiber lasers are classified into two types: single-crystal fiber and multi-crystal fiber. The single crystal type has a longer wavelength of 10 - 6 m compared to the multi-crystal type with a shorter wavelength of 10 - 3 m .


Application Insights:


The construction industry accounted for the largest market share in 2017 and is expected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure development activities across the globe, including rail track maintenance, road repairs & construction, etc. Moreover, rising demand for high-quality engravings on various substrates such as aluminum extrusions used in building components and other metal products is anticipated to propel industry growth over the coming years.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive, electronics and other manufacturing companies across the globe. These companies are increasingly adopting laser engraving technology for various applications such as component production, circuit board design, prototype fabrication and others. This trend is likely to have a positive impact on regional growth over the next eight years.


The growing population in Asia Pacific countries such as China and India coupled with rising disposable income will drive demand for consumer goods which will further propel industry expansion across several application segments including construction, wood processing & finishing devices among others.


Growth Factors:


  • Increasing demand for customized products: The trend of customization is increasing with time and this is driving the demand for laser engraving equipment. With the help of these machines, businesses can personalize products as per customer requirements.
  • Rising popularity of engraved gifts: Engraved gifts are becoming increasingly popular and this is boosting the demand for laser engraving equipment. These machines offer a great way to personalize gifts in an attractive manner.
  • Growing use of lasers in medical applications: Laser technology is being increasingly used in medical applications and this is fueling the growth of the laser engraving equipment market. Lasers are being used to treat various medical conditions such as cancer, tattoos, etc., which is contributing to market growth.

Scope Of The Report

Report Attributes

Report Details

Report Title

Laser Engraving Equipment Market Research Report

By Type

CO2 Laser Engraving Equipment, Fiber Laser Engraving Equipment, Others

By Application

Construction Industry, Material Processing, Wood Processing, Others

By Companies

Gravograph, Trotec, GCC, Wisely, Epilog Laser, Sintec Optronics, Kern Laser Systems, Newing-Hall, Vytek Laser Systems, Roland DGA

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

157

Number of Tables & Figures

110

Customization Available

Yes, the report can be customized as per your need.


Global Laser Engraving Equipment Market Report Segments:

The global Laser Engraving Equipment market is segmented on the basis of:

Types

CO2 Laser Engraving Equipment, Fiber Laser Engraving Equipment, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Construction Industry, Material Processing, Wood Processing, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Gravograph
  2. Trotec
  3. GCC
  4. Wisely
  5. Epilog Laser
  6. Sintec Optronics
  7. Kern Laser Systems
  8. Newing-Hall
  9. Vytek Laser Systems
  10. Roland DGA

Global Laser Engraving Equipment Market Overview


Highlights of The Laser Engraving Equipment Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. CO2 Laser Engraving Equipment
    2. Fiber Laser Engraving Equipment
    3. Others
  1. By Application:

    1. Construction Industry
    2. Material Processing
    3. Wood Processing
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Laser Engraving Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Laser Engraving Equipment Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Laser engraving equipment is a machine that uses lasers to cut into metal. The laser cuts the metal so that it can be easily removed, and the patterns or designs are left behind on the surface of the metal.

Some of the key players operating in the laser engraving equipment market are Gravograph, Trotec, GCC, Wisely, Epilog Laser, Sintec Optronics, Kern Laser Systems, Newing-Hall, Vytek Laser Systems, Roland DGA.

The laser engraving equipment market is expected to grow at a compound annual growth rate of 6.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Engraving Equipment Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Laser Engraving Equipment Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Laser Engraving Equipment Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Laser Engraving Equipment Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Laser Engraving Equipment Market Size & Forecast, 2018-2028       4.5.1 Laser Engraving Equipment Market Size and Y-o-Y Growth       4.5.2 Laser Engraving Equipment Market Absolute $ Opportunity

Chapter 5 Global Laser Engraving Equipment Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Laser Engraving Equipment Market Size Forecast by Type
      5.2.1 CO2 Laser Engraving Equipment
      5.2.2 Fiber Laser Engraving Equipment
      5.2.3 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Laser Engraving Equipment Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Laser Engraving Equipment Market Size Forecast by Applications
      6.2.1 Construction Industry
      6.2.2 Material Processing
      6.2.3 Wood Processing
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Laser Engraving Equipment Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Laser Engraving Equipment Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Laser Engraving Equipment Analysis and Forecast
   9.1 Introduction
   9.2 North America Laser Engraving Equipment Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Laser Engraving Equipment Market Size Forecast by Type
      9.6.1 CO2 Laser Engraving Equipment
      9.6.2 Fiber Laser Engraving Equipment
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Laser Engraving Equipment Market Size Forecast by Applications
      9.10.1 Construction Industry
      9.10.2 Material Processing
      9.10.3 Wood Processing
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Laser Engraving Equipment Analysis and Forecast
   10.1 Introduction
   10.2 Europe Laser Engraving Equipment Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Laser Engraving Equipment Market Size Forecast by Type
      10.6.1 CO2 Laser Engraving Equipment
      10.6.2 Fiber Laser Engraving Equipment
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Laser Engraving Equipment Market Size Forecast by Applications
      10.10.1 Construction Industry
      10.10.2 Material Processing
      10.10.3 Wood Processing
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Laser Engraving Equipment Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Laser Engraving Equipment Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Laser Engraving Equipment Market Size Forecast by Type
      11.6.1 CO2 Laser Engraving Equipment
      11.6.2 Fiber Laser Engraving Equipment
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Laser Engraving Equipment Market Size Forecast by Applications
      11.10.1 Construction Industry
      11.10.2 Material Processing
      11.10.3 Wood Processing
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Laser Engraving Equipment Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Laser Engraving Equipment Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Laser Engraving Equipment Market Size Forecast by Type
      12.6.1 CO2 Laser Engraving Equipment
      12.6.2 Fiber Laser Engraving Equipment
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Laser Engraving Equipment Market Size Forecast by Applications
      12.10.1 Construction Industry
      12.10.2 Material Processing
      12.10.3 Wood Processing
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Laser Engraving Equipment Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Laser Engraving Equipment Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Laser Engraving Equipment Market Size Forecast by Type
      13.6.1 CO2 Laser Engraving Equipment
      13.6.2 Fiber Laser Engraving Equipment
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Laser Engraving Equipment Market Size Forecast by Applications
      13.10.1 Construction Industry
      13.10.2 Material Processing
      13.10.3 Wood Processing
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Laser Engraving Equipment Market: Competitive Dashboard
   14.2 Global Laser Engraving Equipment Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Gravograph
      14.3.2 Trotec
      14.3.3 GCC
      14.3.4 Wisely
      14.3.5 Epilog Laser
      14.3.6 Sintec Optronics
      14.3.7 Kern Laser Systems
      14.3.8 Newing-Hall
      14.3.9 Vytek Laser Systems
      14.3.10 Roland DGA

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