Market Overview:
The global lasers market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for lasers in marking, engraving, and other applications across different regions. Additionally, factors such as technological advancements and growing investments by key players are also contributing to the growth of this market. On the basis of type, scanning type lasers held a major share of the global lasers market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their high adoption rates for various marking and engraving applications across different industries.
Product Definition:
Lasers are devices that emit light through a process of optical amplification. The importance of lasers for Markin is that they can be used to create very precise markings on a variety of surfaces.
Scanning Type:
Scanning type is a technique of scanning the mark in order to read the data from it. It is one of the most important and commonly used techniques in lasers for marking. There are two types of scanning methods, namely optical and mechanical scanning. Optical method uses light beam for reading information from the mark while mechanical method uses motorized or non-motorized scanners to read information from it. The major applications include packaging, printing & labeling, security labels and others (logos).
Others:
Others is the second largest market after Markin. Others are used in laser marking systems to provide a high quality of mark and they have different applications as per their characteristics such as ultrafine particle for deep etching, micro fine particle for shallow etching and coarser particles for bold texturing. They are also used in other laser marking systems such as CNC lasers, inkjet printers etc.
Application Insights:
Based on applications, the global market has been segmented into marking applications, engraving applications, and other applications. The marking application segment dominated the overall market in terms of revenue in 2017. This is attributed to increasing demand for products such as industrial lasers for welding & cutting from metalworking industries across the globe.
The growing popularity of online shopping is expected to boost product demand over the forecast period as laser-based barcodes are used for identifying products and inventory management purposes.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand for laser equipment from various end-use industries, such as automotive, electronics and others. In addition, rising number of manufacturing facilities in this region is anticipated to boost product demand further.
The Asia Pacific regional market was followed by Europe that accounted for over 25% of the total revenue share in 2017 on account of high production volume and utilization rate of industrial lasers within numerous marking and engraving applications across several major countries including Germany, France, Italy and U.K., among others. Furthermore, growing popularity of cosmetic surgery procedures using lasers has also contributed significantly toward industry growth across this region since 2015 when it was first introduced by LASER & MEDICAL INSTRUMENTS magazine as a category separate from medical instruments which are used for surgical purposes only (diode or Alexandrite).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily attributed to the increasing preference for minimally invasive procedures over traditional open surgery, due to their shorter recovery time and lesser surgical trauma. Lasers are extensively used in minimally invasive surgeries as they offer several advantages such as precision, accuracy, and reduced tissue damage.
- Growing demand for aesthetic procedures: The global market for aesthetic procedures is expected to grow at a CAGR of 7% from 2016 to 2021. This can be attributed to the increasing awareness about the benefits of aesthetic procedures and their growing popularity among people across all age groups. Lasers are widely used in aesthetic procedures owing to their ability achieve precise results with minimal damage or scarring.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lasers for Markin Market Research Report
By Type
Scanning Type, Others
By Application
Marking Applications, Engraving Applications, Other Applications
By Companies
Synrad (GSI), Coherent, ROFIN, TRUMPF, MILLENNIUM LASERS, KERN TECHNOLOGIES, NLC Laser LLC
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Lasers for Markin Market Report Segments:
The global Lasers for Markin market is segmented on the basis of:
Types
Scanning 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
Marking Applications, Engraving Applications, Other Applications
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:
- Synrad (GSI)
- Coherent
- ROFIN
- TRUMPF
- MILLENNIUM LASERS
- KERN TECHNOLOGIES
- NLC Laser LLC
Highlights of The Lasers for Markin 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:
- Scanning Type
- Others
- By Application:
- Marking Applications
- Engraving Applications
- Other Applications
- 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 Lasers for Markin 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?
Lasers are a type of technology that uses a beam of light to cut, heat, or weld materials. They can be used in many different industries, including manufacturing and construction.
Some of the major companies in the lasers for markin market are Synrad (GSI), Coherent, ROFIN, TRUMPF, MILLENNIUM LASERS, KERN TECHNOLOGIES, NLC Laser LLC.
The lasers for markin market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lasers for Markin 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. Lasers for Markin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lasers for Markin Market - Supply Chain
4.5. Global Lasers for Markin Market Forecast
4.5.1. Lasers for Markin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lasers for Markin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lasers for Markin Market Absolute $ Opportunity
5. Global Lasers for Markin 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. Lasers for Markin Market Size and Volume Forecast by Type
5.3.1. Scanning Type
5.3.2. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lasers for Markin 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. Lasers for Markin Market Size and Volume Forecast by Application
6.3.1. Marking Applications
6.3.2. Engraving Applications
6.3.3. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lasers for Markin 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. Lasers for Markin 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 Lasers for Markin 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. Lasers for Markin 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 Lasers for Markin Demand Share Forecast, 2019-2026
9. North America Lasers for Markin 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 Lasers for Markin 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 Lasers for Markin Market Size and Volume Forecast by Application
9.4.1. Marking Applications
9.4.2. Engraving Applications
9.4.3. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lasers for Markin Market Size and Volume Forecast by Type
9.7.1. Scanning Type
9.7.2. 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 Lasers for Markin Demand Share Forecast, 2019-2026
10. Latin America Lasers for Markin 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 Lasers for Markin 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 Lasers for Markin Market Size and Volume Forecast by Application
10.4.1. Marking Applications
10.4.2. Engraving Applications
10.4.3. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lasers for Markin Market Size and Volume Forecast by Type
10.7.1. Scanning Type
10.7.2. 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 Lasers for Markin Demand Share Forecast, 2019-2026
11. Europe Lasers for Markin 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 Lasers for Markin 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 Lasers for Markin Market Size and Volume Forecast by Application
11.4.1. Marking Applications
11.4.2. Engraving Applications
11.4.3. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lasers for Markin Market Size and Volume Forecast by Type
11.7.1. Scanning Type
11.7.2. 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 Lasers for Markin Demand Share, 2019-2026
12. Asia Pacific Lasers for Markin 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 Lasers for Markin 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 Lasers for Markin Market Size and Volume Forecast by Application
12.4.1. Marking Applications
12.4.2. Engraving Applications
12.4.3. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lasers for Markin Market Size and Volume Forecast by Type
12.7.1. Scanning Type
12.7.2. 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 Lasers for Markin Demand Share, 2019-2026
13. Middle East & Africa Lasers for Markin 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 Lasers for Markin 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 Lasers for Markin Market Size and Volume Forecast by Application
13.4.1. Marking Applications
13.4.2. Engraving Applications
13.4.3. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lasers for Markin Market Size and Volume Forecast by Type
13.7.1. Scanning Type
13.7.2. 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 Lasers for Markin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lasers for Markin Market: Market Share Analysis
14.2. Lasers for Markin Distributors and Customers
14.3. Lasers for Markin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Synrad (GSI)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Coherent
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ROFIN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TRUMPF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MILLENNIUM LASERS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KERN TECHNOLOGIES
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NLC Laser LLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
