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.
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:
- Gravograph
- Trotec
- GCC
- Wisely
- Epilog Laser
- Sintec Optronics
- Kern Laser Systems
- Newing-Hall
- Vytek Laser Systems
- Roland DGA
Highlights of The Laser Engraving Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CO2 Laser Engraving Equipment
- Fiber Laser Engraving Equipment
- Others
- By Application:
- Construction Industry
- Material Processing
- Wood Processing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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