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

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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.
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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.
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