Market Overview:
The global laser etching machine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for laser etching machines in various applications such as auto parts, electronics, food & medicine, precision instruments, hardware products and others. Additionally, the growing demand for customized products is also fueling the growth of this market. However, high initial cost and maintenance cost are some of the factors restraining the growth of this market.
Product Definition:
Laser etching is a subtractive manufacturing process that uses a laser to remove material from the surface of an object. The laser beam is focused on the surface of the material and energy is transferred to it, causing the material to vaporize. This creates a small hole in the material that can be repeated over and over again to create an image or text. Laser etching machines are used for industrial applications such as marking products with serial numbers, logos, or other information. They can also be used for decorative purposes, such as engraving designs on metal surfaces.
CO2 Laser Etching Machine:
CO2 laser etching machine is a tool that utilizes carbon dioxide gas to ablate (erode) material. The laser beam used in this process is typically of the Nd: YAG or Nd: CO2 type and operates at a wavelength of 1,064 nm. This process involves two basic steps; namely, pumping the gas with required pressure and then launching it on the target surface through an orifice.
Fiber Laser Marking Machine:
A fiber laser marking machine is a device that emits light from a laser source and marks or labels the surface of various materials with the help of this light. Fiber lasers are used in these machines due to their properties such as high intensity, low coherence length, and wide bandwidth. These properties make them suitable for applications such as labeling & marking on glass wafers during manufacturing semiconductor chips or printed circuit boards (PCB).
Application Insights:
The electronics segment dominated the global laser etching machine market in 2017. The application of the machines is witnessing a rapid growth owing to their use in marking various electronic components such as integrated circuits, capacitors, and resistors on printed circuit boards. Also, these machines are used for deep marking and drilling of holes which are used for assembling various electronic products such as mobile phones, laptops, cameras etc.
The hardware products segment is expected to witness significant growth over the forecast period owing to increasing demand from industrial applications including metal cutting machinery components and tools required for automation processes such as drilling and tapping operations. Laser engraving offers high-precision control making it suitable for manufacturing complex shapes with high accuracy which is likely to propel industry demand over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from several application industries such as electronics, precision instruments, automotive parts, and others. China is one of the major countries that contribute significantly towards regional growth owing to presence of numerous manufacturers along with low manufacturing cost coupled with easy availability of skilled labor is driving industry expansion in this region.
The growing population coupled with rising disposable income has resulted in increased demand for consumer goods such as mobiles phones, tablets computers which are further likely to increase product usage on a large scale thereby propelling regional growth over the forecast period.
Growth Factors:
- Increasing demand for customized products: The global laser etching machine market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for customized products, which has led to an increase in the use of laser etching machines.
- Rising popularity of 3D printing: Laser etching machines are used for 3D printing applications, which is witnessing a rising popularity among consumers and businesses alike. This is expected to drive the growth of the global laser etching machine market during the forecast period.
- Technological advancements: The development of new and innovative technologies has led to an increase in adoption rates of laser etching machines by various industries worldwide. This is anticipated to fuel the growth of this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Etching Machine Market Research Report
By Type
CO2 Laser Etching Machine, Fiber Laser Marking Machine, UV Laser Etching Machine, Others
By Application
Auto parts, Electronics, Food & Medicine, Precision Instruments, Hardware Products, Others
By Companies
Epilog Laser, HeatSign, Han's Laser, Telesis Technologies, Gravotech, Videojet, TROTEC LASER, Mecco, Keyence, SIC Marking, Epilog Laser, FOBA, Triumphlaser, Eurolaser, Lotus, Wuhan Yuanlu Optoelectronic Technology, Hua Gong Laser, Suzhou Delong Laser, Xingze Optoelectronic Technology, Jinan Huanjie CNC Equipment
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Laser Etching Machine Market Report Segments:
The global Laser Etching Machine market is segmented on the basis of:
Types
CO2 Laser Etching Machine, Fiber Laser Marking Machine, UV Laser Etching Machine, 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
Auto parts, Electronics, Food & Medicine, Precision Instruments, Hardware Products, 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:
- Epilog Laser
- HeatSign
- Han's Laser
- Telesis Technologies
- Gravotech
- Videojet
- TROTEC LASER
- Mecco
- Keyence
- SIC Marking
- Epilog Laser
- FOBA
- Triumphlaser
- Eurolaser
- Lotus
- Wuhan Yuanlu Optoelectronic Technology
- Hua Gong Laser
- Suzhou Delong Laser
- Xingze Optoelectronic Technology
- Jinan Huanjie CNC Equipment
Highlights of The Laser Etching Machine 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 Etching Machine
- Fiber Laser Marking Machine
- UV Laser Etching Machine
- Others
- By Application:
- Auto parts
- Electronics
- Food & Medicine
- Precision Instruments
- Hardware Products
- 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 Etching Machine 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
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- Consumer Insights
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- Product & Brand Management
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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?
A laser etching machine is a device that uses lasers to remove material from a substrate. The substrate can be any type of material, including metal, plastic, and glass.
Some of the major companies in the laser etching machine market are Epilog Laser, HeatSign, Han's Laser, Telesis Technologies, Gravotech, Videojet, TROTEC LASER, Mecco, Keyence, SIC Marking, Epilog Laser, FOBA, Triumphlaser, Eurolaser, Lotus, Wuhan Yuanlu Optoelectronic Technology, Hua Gong Laser, Suzhou Delong Laser, Xingze Optoelectronic Technology, Jinan Huanjie CNC Equipment.
The laser etching machine market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Etching Machine 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 Etching Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Etching Machine 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 Etching Machine 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 Etching Machine Market Size & Forecast, 2018-2028
4.5.1 Laser Etching Machine Market Size and Y-o-Y Growth
4.5.2 Laser Etching Machine Market Absolute $ Opportunity
Chapter 5 Global Laser Etching Machine 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 Etching Machine Market Size Forecast by Type
5.2.1 CO2 Laser Etching Machine
5.2.2 Fiber Laser Marking Machine
5.2.3 UV Laser Etching Machine
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Etching Machine 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 Etching Machine Market Size Forecast by Applications
6.2.1 Auto parts
6.2.2 Electronics
6.2.3 Food & Medicine
6.2.4 Precision Instruments
6.2.5 Hardware Products
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Etching Machine 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 Etching Machine 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 Etching Machine Analysis and Forecast
9.1 Introduction
9.2 North America Laser Etching Machine 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 Etching Machine Market Size Forecast by Type
9.6.1 CO2 Laser Etching Machine
9.6.2 Fiber Laser Marking Machine
9.6.3 UV Laser Etching Machine
9.6.4 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 Etching Machine Market Size Forecast by Applications
9.10.1 Auto parts
9.10.2 Electronics
9.10.3 Food & Medicine
9.10.4 Precision Instruments
9.10.5 Hardware Products
9.10.6 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 Etching Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Etching Machine 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 Etching Machine Market Size Forecast by Type
10.6.1 CO2 Laser Etching Machine
10.6.2 Fiber Laser Marking Machine
10.6.3 UV Laser Etching Machine
10.6.4 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 Etching Machine Market Size Forecast by Applications
10.10.1 Auto parts
10.10.2 Electronics
10.10.3 Food & Medicine
10.10.4 Precision Instruments
10.10.5 Hardware Products
10.10.6 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 Etching Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Etching Machine 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 Etching Machine Market Size Forecast by Type
11.6.1 CO2 Laser Etching Machine
11.6.2 Fiber Laser Marking Machine
11.6.3 UV Laser Etching Machine
11.6.4 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 Etching Machine Market Size Forecast by Applications
11.10.1 Auto parts
11.10.2 Electronics
11.10.3 Food & Medicine
11.10.4 Precision Instruments
11.10.5 Hardware Products
11.10.6 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 Etching Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Etching Machine 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 Etching Machine Market Size Forecast by Type
12.6.1 CO2 Laser Etching Machine
12.6.2 Fiber Laser Marking Machine
12.6.3 UV Laser Etching Machine
12.6.4 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 Etching Machine Market Size Forecast by Applications
12.10.1 Auto parts
12.10.2 Electronics
12.10.3 Food & Medicine
12.10.4 Precision Instruments
12.10.5 Hardware Products
12.10.6 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 Etching Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Etching Machine 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 Etching Machine Market Size Forecast by Type
13.6.1 CO2 Laser Etching Machine
13.6.2 Fiber Laser Marking Machine
13.6.3 UV Laser Etching Machine
13.6.4 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 Etching Machine Market Size Forecast by Applications
13.10.1 Auto parts
13.10.2 Electronics
13.10.3 Food & Medicine
13.10.4 Precision Instruments
13.10.5 Hardware Products
13.10.6 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 Etching Machine Market: Competitive Dashboard
14.2 Global Laser Etching Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Epilog Laser
14.3.2 HeatSign
14.3.3 Han's Laser
14.3.4 Telesis Technologies
14.3.5 Gravotech
14.3.6 Videojet
14.3.7 TROTEC LASER
14.3.8 Mecco
14.3.9 Keyence
14.3.10 SIC Marking
14.3.11 Epilog Laser
14.3.12 FOBA
14.3.13 Triumphlaser
14.3.14 Eurolaser
14.3.15 Lotus
14.3.16 Wuhan Yuanlu Optoelectronic Technology
14.3.17 Hua Gong Laser
14.3.18 Suzhou Delong Laser
14.3.19 Xingze Optoelectronic Technology
14.3.20 Jinan Huanjie CNC Equipment
