Market Overview:
The global laser etching market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser etching in medical treatments, aerospace, automobile, military and electronic applications. Additionally, the growing demand for miniaturization and precision in products is also contributing to the growth of this market. However, factors such as high initial investment costs and lack of skilled professionals are restraining the growth of this market.
Product Definition:
Laser etching is a process that uses lasers to create designs and patterns on the surface of materials. The process can be used to create very detailed designs and can be used on a variety of materials, including metals, plastics, and glass. Laser etching can also be used to create text or logos on the surface of materials.
0.05mm:
0.05mm is the thinnest line used in laser etching and photoresist removal. It's a common thickness for micro-electro-mechanical systems (MEMS) sensors, which are widely used in consumer electronics such as mobile phones and tablets, automotive applications such as tire pressure monitoring system (TPMS), fuel injection systems, engine control units and other industrial applications like material inspection process or semiconductor wafer processing.
0.1mm:
0.1mm is the thinnest of all commonly used laser wavelengths and can be used for both thick and thin films depending on application requirements.
Application Insights:
The application segment is segregated into five parts including medical treatment, aerospace, automobile, electronics and other. The medical treatment segment dominated the global laser etching market in 2017 owing to increasing demand for advanced healthcare equipment. Laser etchants are used in various medical procedures such as cataract surgery and ophthalmic lenses manufacturing.
Automotive was the second-largest application of these devices with a share of over 9% in 2017.
Regional Analysis:
Asia Pacific regional market dominated the global laser etching market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for electronics, medical treatment, and others in countries such as China, Japan, India, South Korea. Increasing defense spending by various governments across the globe is also likely to contribute toward industry growth over the next eight years.
The Latin American regional market held a significant share in 2016 owing to high demand from several end-use industries such as aerospace & defense (18% of revenue), automotive (13% of revenue), electronic (12% of revenue). However North America region is projected to grow at a lucrative CAGR during the same period due to growing R&D activities related with lasers technology along with increasing investments from private companies for manufacturing cost-effective products using these techniques are some factors that are anticipated drive industry expansion over next eight years.
Growth Factors:
- Increasing demand for customized products: The Laser Etching market is witnessing an increase in demand for customized products as consumers are looking for unique and personalized items. This is providing a major growth driver for the market.
- Rising popularity of laser engraving: Laser engraving is gaining popularity among consumers due to its ability to create high-quality and intricate designs on various surfaces. This is propelling the growth of the Laser Etching market.
- Growing use of lasers in industrial applications: The use of lasers in industrial applications such as welding, cutting, and marking is growing rapidly owing to their superior performance characteristics. This is benefiting the Laser Etching market by providing a major growth driver.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Etching Market Research Report
By Type
0.05mm, 0.1mm, 0.2mm, 0.3mm, 0.5mm, Others
By Application
Medical Treatment, Aerospace, Automobile, Military, Electronic, Others
By Companies
Techmetals, Caliber Engraving, Accubeam, Automation-Plus, Utitec, JBR Associates, Pad Printing Technology, UMMCO, Wilke Enginuity, LaserScribe, Quantum Lasermark, Custom Marking＆Assembly, Estes, HPL Stampings, Tri-State Fabricators
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Laser Etching Market Report Segments:
The global Laser Etching market is segmented on the basis of:
Types
0.05mm, 0.1mm, 0.2mm, 0.3mm, 0.5mm, 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
Medical Treatment, Aerospace, Automobile, Military, Electronic, 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:
- Techmetals
- Caliber Engraving
- Accubeam
- Automation-Plus
- Utitec
- JBR Associates
- Pad Printing Technology
- UMMCO
- Wilke Enginuity
- LaserScribe
- Quantum Lasermark
- Custom Marking＆Assembly
- Estes
- HPL Stampings
- Tri-State Fabricators
Highlights of The Laser Etching 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:
- 0.05mm
- 0.1mm
- 0.2mm
- 0.3mm
- 0.5mm
- Others
- By Application:
- Medical Treatment
- Aerospace
- Automobile
- Military
- Electronic
- 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 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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- Understanding Competition Scenario
- 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?
Laser etching is a process that uses a laser to remove material from a substrate. The laser beam melts the surface of the substrate, and then the molten material flows down into an etched channel where it solidifies. This process can be used to create intricate patterns or designs on various materials.
Some of the key players operating in the laser etching market are Techmetals, Caliber Engraving, Accubeam, Automation-Plus, Utitec, JBR Associates, Pad Printing Technology, UMMCO, Wilke Enginuity, LaserScribe, Quantum Lasermark, Custom Marking＆Assembly, Estes, HPL Stampings, Tri-State Fabricators.
The laser etching 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 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Etching 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 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 Market Size & Forecast, 2018-2028
4.5.1 Laser Etching Market Size and Y-o-Y Growth
4.5.2 Laser Etching Market Absolute $ Opportunity
Chapter 5 Global Laser Etching 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 Market Size Forecast by Type
5.2.1 0.05mm
5.2.2 0.1mm
5.2.3 0.2mm
5.2.4 0.3mm
5.2.5 0.5mm
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Etching 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 Market Size Forecast by Applications
6.2.1 Medical Treatment
6.2.2 Aerospace
6.2.3 Automobile
6.2.4 Military
6.2.5 Electronic
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Etching 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America Laser Etching 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 Market Size Forecast by Type
9.6.1 0.05mm
9.6.2 0.1mm
9.6.3 0.2mm
9.6.4 0.3mm
9.6.5 0.5mm
9.6.6 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 Market Size Forecast by Applications
9.10.1 Medical Treatment
9.10.2 Aerospace
9.10.3 Automobile
9.10.4 Military
9.10.5 Electronic
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 Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Etching 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 Market Size Forecast by Type
10.6.1 0.05mm
10.6.2 0.1mm
10.6.3 0.2mm
10.6.4 0.3mm
10.6.5 0.5mm
10.6.6 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 Market Size Forecast by Applications
10.10.1 Medical Treatment
10.10.2 Aerospace
10.10.3 Automobile
10.10.4 Military
10.10.5 Electronic
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Etching 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 Market Size Forecast by Type
11.6.1 0.05mm
11.6.2 0.1mm
11.6.3 0.2mm
11.6.4 0.3mm
11.6.5 0.5mm
11.6.6 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 Market Size Forecast by Applications
11.10.1 Medical Treatment
11.10.2 Aerospace
11.10.3 Automobile
11.10.4 Military
11.10.5 Electronic
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Etching 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 Market Size Forecast by Type
12.6.1 0.05mm
12.6.2 0.1mm
12.6.3 0.2mm
12.6.4 0.3mm
12.6.5 0.5mm
12.6.6 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 Market Size Forecast by Applications
12.10.1 Medical Treatment
12.10.2 Aerospace
12.10.3 Automobile
12.10.4 Military
12.10.5 Electronic
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 Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Etching 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 Market Size Forecast by Type
13.6.1 0.05mm
13.6.2 0.1mm
13.6.3 0.2mm
13.6.4 0.3mm
13.6.5 0.5mm
13.6.6 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 Market Size Forecast by Applications
13.10.1 Medical Treatment
13.10.2 Aerospace
13.10.3 Automobile
13.10.4 Military
13.10.5 Electronic
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 Market: Competitive Dashboard
14.2 Global Laser Etching Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Techmetals
14.3.2 Caliber Engraving
14.3.3 Accubeam
14.3.4 Automation-Plus
14.3.5 Utitec
14.3.6 JBR Associates
14.3.7 Pad Printing Technology
14.3.8 UMMCO
14.3.9 Wilke Enginuity
14.3.10 LaserScribe
14.3.11 Quantum Lasermark
14.3.12 Custom Marking＆Assembly
14.3.13 Estes
14.3.14 HPL Stampings
14.3.15 Tri-State Fabricators
