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Laser Marking Market | What are the upcoming trends in the industry

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According to the new research report "Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser), Offering (Hardware, Software, and Services), End User (Machine Tools, Semiconductor & Electronics, Automotive), and Geography - Global Forecast to 2024", the overall laser marking market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0%. Increasing adoption of laser marking cross end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market. – PowerPoint PPT presentation

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Title: Laser Marking Market | What are the upcoming trends in the industry


1
Laser Marking Market worth 3.0 billion by 2024
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About our Report
                     
  • The overall laser marking market is expected to
    grow from USD 2.1 billion in 2018 to USD 3.0
    billion by 2024, at a CAGR of 6.0 during the
    forecast period. Increasing adoption of laser
    marking across end-user verticals and enhanced
    performance of laser markers over traditional
    material marking techniques are the key factors
    driving the growth of this market.
  • The laser marking market in RoW is expected to
    grow at the highest CAGR during the forecast
    period. RoW comprises the Middle East Africa
    and South America, which have significant
    potential for the growth of the laser marking
    market. The industrial manufacturing and
    aerospace defense sectors in the Middle East
    Africa are witnessing significant developments,
    which are expected to support the increasing
    demand for laser marking. Increasing use of
    electric vehicles in the Middle East will boost
    the automotive vertical, which, in turn, is
    expected to fillip the demand for laser marking
    in this region. South America, which is in an
    early stage of economic development compared to
    other regions studied in this report, offers good
    growth opportunities for the laser marking market.

               
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Structured Cabling
Download PDF Brochure- https//www.marketsandmar
kets.com/pdfdownloadNew.asp?id167085735 The
market for the packaging end-user vertical is
expected to grow at the highest CAGR from 2019 to
2024. Majority of the packaging companies have to
display variable data, such as expiration dates
and batch and serial numbers, as labels on the
products. Laser markers are perfectly suited for
marking at the end of the production process and
can be used on several materials, including
cardboard, paper, and polymer. Marking with laser
systems is a contactless process, thus negating
any mechanical stress on the packaging. These
factors are likely to contribute to the highest
growth rate of the packaging segment as compared
to the other end-user segments.
5
Inside of Report
  • Browse
  • 71 market data tables.
  • 56 figures spread through 154 pages.
  • in-depth TOC on "Laser Marking Market - Global
    Forecast to 2024"

                     
               
  • Fiber laser type is estimated to account for the
    largest share of the laser marking market during
    the forecast period. Features such as high output
    power, flexible fiber light, compact size, and
    high optical quality have contributed to the
    growth of the fiber laser segment. A fiber laser
    uses an optical fiber doped as an active gain
    medium. Fiber laser comes in various power modes
    (continuous wave or modulated modes) and is
    suitable for laser marking and engraving
    applications across the military, healthcare,
    semiconductor electronics, and research
    verticals.
  • The market for the packaging end-user vertical is
    expected to grow at the highest CAGR from 2019 to
    2024. Majority of the packaging companies have to
    display variable data, such as expiration dates
    and batch and serial numbers, as labels on the
    products. Laser markers are perfectly suited for
    marking at the end of the production process and
    can be used on several materials, including
    cardboard, paper, and polymer. Marking with laser
    systems is a contactless process, thus negating
    any mechanical stress on the packaging. These
    factors are likely to contribute to the highest
    growth rate of the packaging segment as compared
    to the other end-user segments.

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Key Players
                     
  1. Coherent (US),
  2. Hans Laser (China),
  3. Trumpf (Germany),
  4. Gravotech (France),
  5. Jenoptik (US),
  6. Epilog Laser (US),
  7. 600 Group (UK),
  8. Mecco (US),
  9. Laserstar (US), and
  10. Novanta (US)

               
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Table of Content
                     
Table of Contents 1 Introduction (Page No. -
16)    1.1 Objectives of the Study     1.2
Definition     1.3 Scope of the Study
           1.3.1 Markets Covered          
1.3.2 Geographic Scope           1.3.3 Years
Considered for the Study    1.4 Currency    
1.5 Limitations     1.6 Stakeholders 2 Research
Methodology (Page No. - 20)    2.1 Introduction
           2.1.1 Secondary and Primary
Research . . . 12 Appendix (Page No. - 148)    
12.1 Insights of Industry Experts      12.2
Discussion Guide
               
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Summary
According to the new research report "Laser
Marking Market by Laser Type (Fiber Laser, Diode
Laser, Solid State Laser, and CO2 Laser),
Offering (Hardware, Software, and Services), End
User (Machine Tools, Semiconductor Electronics,
Automotive), and Geography - Global Forecast to
2024", the overall laser marking market is
expected to grow from USD 2.1 billion in 2018 to
USD 3.0 billion by 2024, at a CAGR of 6.0.
Increasing adoption of laser marking cross
end-user verticals and enhanced performance of
laser markers over traditional material marking
techniques are the key factors driving the growth
of this market.
9
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repository. For More Information -
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aser-marking-market-167085735.html ContactMr.
Shelly SinghMarketsandMarkets INC. 630 Dundee
Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441
10
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