Market Overview:
The global laser marking system 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 marking systems from various end-use industries, such as electronics, precision instruments, food & medicine, auto parts, hardware products and plastic packaging. In addition, the growing demand for customized and personalized products is also fueling the growth of this market. However, factors such as high initial cost and limited availability of skilled professionals are restraining the growth of this market.
Product Definition:
Laser marking system is a machine that use laser to mark on the surface of material. Laser marking is a non-contact, permanent and high precision method of marking. It can be used to mark on almost all kind of materials, such as metal, plastics, ceramics and glass. The main advantage of laser marking is the high contrast ratio between the marked and unmarked surfaces which results in very clear markings even on dark or shiny surfaces.
Fiber Type:
Fiber Type is a material used in the manufacturing of optical fibers, which are extensively used for telecommunication applications. Optical fibers can be categorized as single-mode or multi-mode depending on their application. Fiber types include silica, nylon, carbon fiber and glass fiber among others that have different properties and characteristics based on their chemical composition.
CO2 Lasers Type:
CO2 lasers are used in laser marking systems for various applications such as engraving, cutting and drilling, welding and brazing. CO2 laser beam is projected onto the work piece by means of a galvanic cell or battery power supply.
Application Insights:
The electronics segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electronic devices across the globe. Laser marking systems are widely used in consumer electronics, mobile phones, laptops/PCs, cameras/camcorders, media players & reproducers etc., which require serial or alphanumeric identification numbers on each unit manufactured.
Precision instruments are expected to grow at a significant rate over the forecast period owing to rising demand from various industries such as aerospace & defense and medical equipment manufacturing sectors worldwide. Precision instrument manufacturers require precision-made parts that have accurate dimensions and high quality standards; these requirements increase product costs which need reimbursement by insurance companies or government agencies that issue purchase orders for large quantities of products requiring identical components with high reliability levels&complex shapes etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The region has been witnessing rapid growth in several industries, such as electronics, precision instruments and food & beverage. This can be attributed to increasing foreign investments coupled with favorable government policies regarding FDI in the manufacturing sector of the region.
The growing number of manufacturing facilities and rising demand for laser marking systems are also driving the market growth across Asia Pacific countries such as China, Japan, India and South Korea. Moreover, these countries have been hosting several major events including Olympics 2020; Cricket world cup 2019; FIFA world cup 2018 etc., which will boost industry expansion further over next eight years (2020 - 28).
Growth Factors:
- Increasing demand for customized products: The Laser Marking System 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 marking technology: The laser marking technology is becoming increasingly popular among manufacturers owing to its advantages such as high precision, low cost, and fast turnaround time.
- Growing adoption of laser marking systems in automotive industry: The automotive industry is one of the key adopters of laser marking systems owing to its need for high-quality markings on components and parts.
- Rising demand from medical device industry: The medical device industry is another key adopter of laser marking systems due to the need for product identification and traceability across the supply chain network.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Marking System Market Research Report
By Type
Fiber Type, CO2 Lasers Type, Solid State Lasers Type, Others
By Application
Electronics, Precision Instruments, Food & Medicine, Auto parts, Hardware Products, Plastic Packaging, Others
By Companies
Han's Laser, Telesis Technologies, Trumpf, Rofin, TYKMA Electrox, Trotec, FOBA, Gravotech, Videojet, Epilog Laser, Schmidt, Eurolaser, Keyence, SIC Marking, Amada Miyachi, Laserstar, Universal Laser Systems, Mecco, Huagong Tech, Tianhong laser
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Laser Marking System Market Report Segments:
The global Laser Marking System market is segmented on the basis of:
Types
Fiber Type, CO2 Lasers Type, Solid State Lasers Type, 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
Electronics, Precision Instruments, Food & Medicine, Auto parts, Hardware Products, Plastic Packaging, 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:
- Han's Laser
- Telesis Technologies
- Trumpf
- Rofin
- TYKMA Electrox
- Trotec
- FOBA
- Gravotech
- Videojet
- Epilog Laser
- Schmidt
- Eurolaser
- Keyence
- SIC Marking
- Amada Miyachi
- Laserstar
- Universal Laser Systems
- Mecco
- Huagong Tech
- Tianhong laser
Highlights of The Laser Marking System 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:
- Fiber Type
- CO2 Lasers Type
- Solid State Lasers Type
- Others
- By Application:
- Electronics
- Precision Instruments
- Food & Medicine
- Auto parts
- Hardware Products
- Plastic Packaging
- 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 Marking System 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.
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- Correctly Positioning New Products
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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 marking system is a type of machine that uses lasers to create markings on various surfaces. These systems are often used in manufacturing and other industrial settings, where they can be used to identify parts, labels, or other objects.
Some of the major companies in the laser marking system market are Han's Laser, Telesis Technologies, Trumpf, Rofin, TYKMA Electrox, Trotec, FOBA, Gravotech, Videojet, Epilog Laser, Schmidt, Eurolaser, Keyence, SIC Marking, Amada Miyachi, Laserstar, Universal Laser Systems, Mecco, Huagong Tech, Tianhong laser.
The laser marking system 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 Marking System 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 Marking System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Marking System Market - Supply Chain
4.5. Global Laser Marking System Market Forecast
4.5.1. Laser Marking System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Marking System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Marking System Market Absolute $ Opportunity
5. Global Laser Marking System 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 Marking System Market Size and Volume Forecast by Type
5.3.1. Fiber Type
5.3.2. CO2 Lasers Type
5.3.3. Solid State Lasers Type
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Marking System 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 Marking System Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Precision Instruments
6.3.3. Food & Medicine
6.3.4. Auto parts
6.3.5. Hardware Products
6.3.6. Plastic Packaging
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Marking System 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 Marking System 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 Marking System 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 Marking System 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 Marking System Demand Share Forecast, 2019-2026
9. North America Laser Marking System 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 Marking System 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 Marking System Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Precision Instruments
9.4.3. Food & Medicine
9.4.4. Auto parts
9.4.5. Hardware Products
9.4.6. Plastic Packaging
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Marking System Market Size and Volume Forecast by Type
9.7.1. Fiber Type
9.7.2. CO2 Lasers Type
9.7.3. Solid State Lasers Type
9.7.4. Others
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 Marking System Demand Share Forecast, 2019-2026
10. Latin America Laser Marking System 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 Marking System 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 Marking System Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Precision Instruments
10.4.3. Food & Medicine
10.4.4. Auto parts
10.4.5. Hardware Products
10.4.6. Plastic Packaging
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Marking System Market Size and Volume Forecast by Type
10.7.1. Fiber Type
10.7.2. CO2 Lasers Type
10.7.3. Solid State Lasers Type
10.7.4. Others
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 Marking System Demand Share Forecast, 2019-2026
11. Europe Laser Marking System 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 Marking System 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 Marking System Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Precision Instruments
11.4.3. Food & Medicine
11.4.4. Auto parts
11.4.5. Hardware Products
11.4.6. Plastic Packaging
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Marking System Market Size and Volume Forecast by Type
11.7.1. Fiber Type
11.7.2 CO2 Lasers Type
11.7.3. Solid State Lasers Type
11.7.4. Others
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 Marking System Demand Share, 2019-2026
12. Asia Pacific Laser Marking System 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 Marking System 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 Marking System Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Precision Instruments
12.4.3. Food & Medicine
12.4.4. Auto parts
12.4.5. Hardware Products
12.4.6. Plastic Packaging
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Marking System Market Size and Volume Forecast by Type
12.7.1. Fiber Type
12.7.2. CO2 Lasers Type
12.7.3. Solid State Lasers Type
12.7.4. Others
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 Marking System Demand Share, 2019-2026
13. Middle East & Africa Laser Marking System 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 Marking System 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 Marking System Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Precision Instruments
13.4.3. Food & Medicine
13.4.4. Auto parts
13.4.5. Hardware Products
13.4.6. Plastic Packaging
13.4.7. 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 Marking System Market Size and Volume Forecast by Type
13.7.1. Fiber Type
13.7.2. CO2 Lasers Type
13.7.3. Solid State Lasers Type
13.7.4. Others
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 Marking System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Marking System Market: Market Share Analysis
14.2. Laser Marking System Distributors and Customers
14.3. Laser Marking System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Han's Laser
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Telesis Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Trumpf
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rofin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TYKMA Electrox
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Trotec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FOBA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gravotech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Videojet
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Epilog Laser
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Schmidt
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Eurolaser
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Keyence
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SIC Marking
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Amada Miyachi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Laserstar
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Universal Laser Systems
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mecco
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Huagong Tech
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Tianhong laser
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook