Market Overview:
The global laser engraver 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 engravers from various end-use industries, such as advertising, printing & packaging, leather & apparel, model making, arts & crafts and others. In addition, technological advancements in laser engraving technology are also contributing to the growth of this market.
Product Definition:
A laser engraver is a device that uses lasers to engrave or mark an object. The laser beam is focused on the surface of the object and causes material to be removed, leaving a permanent marking. Laser engravers are often used for industrial applications, such as marking metal parts or identifying products.
CO2 Laser Engraver:
CO2 laser engraver is a tool that uses carbon dioxide gas for the production of images and patterns on almost all types of materials. The images produced by this device are very clear and have high contrast which makes them suitable for printing as well as viewing. This device produces low heat, has no moving parts, requires less maintenance and can produce higher density data with more accuracy compared to other devices such as helium-neon or excimer lasers.
Fiber Laser Engraver:
Fiber laser engraver is a device used to cut or etch the material by producing focused light energy on the surface. It works on the principle of optical fiber and its beam carrying out operations.
Application Insights:
The advertising decoration segment dominated the global laser engraver market in 2017. The growth of this application can be attributed to the growing use of lasers for cutting various materials such as glass, acrylics, and plastics. Advertising companies are using these devices for designing and producing customized ads on various media including billboards, transit systems, buses & trains and magazines & newspapers.
Printing & packaging is expected to grow at a CAGR of XX% over the forecast period owing to increasing demand from customers such as labels printers or baggers who require precise cuts every time. Laser cutters are used by packaging companies for cutting boxes or cartons that need precision when opening or closing them due to their fragile nature which demands high quality in production process.
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 rising demand for laser engraving machines from countries such as China, India, Japan, South Korea, and Taiwan. These countries are witnessing rapid industrialization along with growing consumer disposable income levels. This has led to increased spending on luxury automobiles among consumers of these nations; thereby driving product demand across all major applications in automotive decoration and model making as well.
The Asia Pacific regional market is also anticipated to witness significant growth over the forecast period owing to increasing investments by prominent players in setting up manufacturing facilities for high-end products catering specifically towards niche markets such as aerospace & defense industry or medical devices sector within this region due to low production costs coupled with skilled labor availability at a lower cost than that found within developed economies of North America or Europe.
Growth Factors:
- Increasing demand for customized products: The Laser Engraver market is witnessing an increase in demand for customized products. This is due to the growing trend of personalization and customization among consumers.
- Rising popularity of laser engraving as a hobby: There is a rising popularity of laser engraving as a hobby, especially among millennials and Gen Zers. This is driving the growth of the Laser Engraver market.
- Growing use of laser engravers in commercial applications: The use of laser engravers in commercial applications such as signage, giftware, and jewelry is growing rapidly owing to their superior quality and accuracy compared to other printing technologies.
- Advances in technology: The development of new technologies such as fiber lasers has led to the introduction of high-end laser engravers that are capable of producing better quality results at faster speeds than traditional CO2 lasers used in most desktop models currently available in the market .This is fuelling growth prospects for the Laser Engraver market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Engraver Market Research Report
By Type
CO2 Laser Engraver, Fiber Laser Engraver, Diode Laser Engraver, Nd:YAG Laser Engraver
By Application
Advertising Decoration, Printing & Packaging, Leather & Apparel, Model Making, Arts & Crafts, Others
By Companies
Gravograph, Trotec, Universal Laser Systems, Laserstar Technologies, GCC, Wisely, Epilog Laser, Sintec Optronics, Kern Laser Systems, Vytek Laser Systems, KAITIAN LASER, PERFECT
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Laser Engraver Market Report Segments:
The global Laser Engraver market is segmented on the basis of:
Types
CO2 Laser Engraver, Fiber Laser Engraver, Diode Laser Engraver, Nd:YAG Laser Engraver
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
Advertising Decoration, Printing & Packaging, Leather & Apparel, Model Making, Arts & Crafts, 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
- Universal Laser Systems
- Laserstar Technologies
- GCC
- Wisely
- Epilog Laser
- Sintec Optronics
- Kern Laser Systems
- Vytek Laser Systems
- KAITIAN LASER
- PERFECT
Highlights of The Laser Engraver 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 Engraver
- Fiber Laser Engraver
- Diode Laser Engraver
- Nd:YAG Laser Engraver
- By Application:
- Advertising Decoration
- Printing & Packaging
- Leather & Apparel
- Model Making
- Arts & Crafts
- 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 Engraver 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?
A laser engraver is a machine that uses lasers to cut or etch text, images, and patterns into various materials.
Some of the key players operating in the laser engraver market are Gravograph, Trotec, Universal Laser Systems, Laserstar Technologies, GCC, Wisely, Epilog Laser, Sintec Optronics, Kern Laser Systems, Vytek Laser Systems, KAITIAN LASER, PERFECT.
The laser engraver market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Engraver Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laser Engraver Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Engraver Market - Supply Chain
4.5. Global Laser Engraver Market Forecast
4.5.1. Laser Engraver Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Engraver Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Engraver Market Absolute $ Opportunity
5. Global Laser Engraver Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laser Engraver Market Size and Volume Forecast by Type
5.3.1. CO2 Laser Engraver
5.3.2. Fiber Laser Engraver
5.3.3. Diode Laser Engraver
5.3.4. Nd:YAG Laser Engraver
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Engraver Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laser Engraver Market Size and Volume Forecast by Application
6.3.1. Advertising Decoration
6.3.2. Printing & Packaging
6.3.3. Leather & Apparel
6.3.4. Model Making
6.3.5. Arts & Crafts
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Engraver Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laser Engraver Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laser Engraver Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laser Engraver Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laser Engraver Demand Share Forecast, 2019-2029
9. North America Laser Engraver Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laser Engraver Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laser Engraver Market Size and Volume Forecast by Application
9.4.1. Advertising Decoration
9.4.2. Printing & Packaging
9.4.3. Leather & Apparel
9.4.4. Model Making
9.4.5. Arts & Crafts
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Engraver Market Size and Volume Forecast by Type
9.7.1. CO2 Laser Engraver
9.7.2. Fiber Laser Engraver
9.7.3. Diode Laser Engraver
9.7.4. Nd:YAG Laser Engraver
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laser Engraver Demand Share Forecast, 2019-2029
10. Latin America Laser Engraver Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laser Engraver Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laser Engraver Market Size and Volume Forecast by Application
10.4.1. Advertising Decoration
10.4.2. Printing & Packaging
10.4.3. Leather & Apparel
10.4.4. Model Making
10.4.5. Arts & Crafts
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Engraver Market Size and Volume Forecast by Type
10.7.1. CO2 Laser Engraver
10.7.2. Fiber Laser Engraver
10.7.3. Diode Laser Engraver
10.7.4. Nd:YAG Laser Engraver
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laser Engraver Demand Share Forecast, 2019-2029
11. Europe Laser Engraver Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laser Engraver Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laser Engraver Market Size and Volume Forecast by Application
11.4.1. Advertising Decoration
11.4.2. Printing & Packaging
11.4.3. Leather & Apparel
11.4.4. Model Making
11.4.5. Arts & Crafts
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Engraver Market Size and Volume Forecast by Type
11.7.1. CO2 Laser Engraver
11.7.2. Fiber Laser Engraver
11.7.3. Diode Laser Engraver
11.7.4. Nd:YG Laser Engraver
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laser Engraver Demand Share, 2019-2029
12. Asia Pacific Laser Engraver Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laser Engraver Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laser Engraver Market Size and Volume Forecast by Application
12.4.1. Advertising Decoration
12.4.2. Printing & Packaging
12.4.3. Leather & Apparel
12.4.4. Model Making
12.4.5. Arts & Crafts
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Engraver Market Size and Volume Forecast by Type
12.7.1. CO2 Laser Engraver
12.7.2. Fiber Laser Engraver
12.7.3. Diode Laser Engraver
12.7.4. Nd:YAG Laser Engraver
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laser Engraver Demand Share, 2019-2029
13. Middle East & Africa Laser Engraver Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laser Engraver Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laser Engraver Market Size and Volume Forecast by Application
13.4.1. Advertising Decoration
13.4.2. Printing & Packaging
13.4.3. Leather & Apparel
13.4.4. Model Making
13.4.5. Arts & Crafts
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Engraver Market Size and Volume Forecast by Type
13.7.1. CO2 Laser Engraver
13.7.2. Fiber Laser Engraver
13.7.3. Diode Laser Engraver
13.7.4. Nd:YAG Laser Engraver
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laser Engraver Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Laser Engraver Market: Market Share Analysis
14.2. Laser Engraver Distributors and Customers
14.3. Laser Engraver Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gravograph
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trotec
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Universal Laser Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Laserstar Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GCC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wisely
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Epilog Laser
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sintec Optronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kern Laser Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vytek Laser Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KAITIAN LASER
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PERFECT
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
