Laser Marking Machine Market

Laser Marking Machine Market



Growth Factors of Laser Marking Machine Market

The laser marking machine market size was valued at USD 3.09 billion in 2023, and the market is now projected to grow from USD 3.22 billion in 2024 to USD 6.01 billion by 2032, exhibiting a CAGR of 8.1% during the forecast period of 2024-2032.

The COVID-19 pandemic brought on sizable disruptions in the market, together with temporary shutdowns of producing facilities and supply chain demanding situations. However, the market has rebounded due to the extensive-ranging packages throughout industries like electronics, car, and packaging. The market's boom is pushed by way of the demand for non-touch, high-speed, and precise marking on materials which include metals and plastics. Post-pandemic, the market is anticipated to show sturdy increase as industries resume full operations.

The transformation of the manufacturing zone with Industry 4.0 is driving productiveness, whilst investments and supportive rules in electronics and semiconductors are reshaping production processes. For instance, Saudi Arabia's issuance of over 1,300 new business licenses with investments exceeding USD 21 billion highlights this fashion. As modern manufacturing advances, there is rising call for efficient methods, boosting the laser marking system market. Industries are an increasing number of adopting lasers marking machines for their capacity to offer durable and robust markings on products.

Automation and tech-incorporated answers are using market growth with the development of superior software program for the manufacturing industry. These user-friendly software answers decorate the capability of laser marking machines. For example, in 2023, Cajo Technologies from Finland delivered CajoSuite, a laser marking software program featuring superior settings for various substances, which includes polymers. This innovation improves operational comfort and efficiency in production processes.

Comprehensive Analysis of Laser Marking Machine Market

The laser marking machine market growth is rising at an exponential rate due to its market segmentation. This market expansion correctly offers a detailed nearby assessment considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by product type analysis, by mobility type analysis, by material type analysis and by end use analysis. By product type analysis include fiber laser, diode laser, solid state laser, CO2 laser, and UV laser. By mobility type analysis include fixed and portable. By material type analysis include metals, glass, plastics, ceramics, and others. By end use analysis include general industries, automotive, aerospace, packaging, healthcare, electronics & semiconductors, and others.

The Asia Pacific region lead the laser marking machine market share by benefitting a market size of USD 1.92 billion in 2023 due to the rising automotive vehicle production across the country.

The top players in the market play a crucial role in the automation industry assuring industrial prospectus growth and setting market standards. These players include, Coherent Inc., IPG Photonics Corp, Keyence Corporation, Hans Laser Technology Co. Ltd., Trumpf, Huagong Tech Co. Ltd., Videojet Technologies Inc., Tro Group, Novanta Inc., 600 Group these market players provide a level-playing competitive landscape.

In April 2023, FOBA unveiled two new laser marking systems, the FOBA M1000 and M2000, at the International Manufacturing Technology Show (IMTS) in Chicago, featuring various functionalities including an integrated camera.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 8.1% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Product Type
  • Fiber Laser
  • Diode Laser
  • Solid-State Laser
  • CO2 Laser
  • UV laser
By Mobility Type
  • Fixed
  • Portable
By Material Type
  • Metal
  • Glass
  • Plastics
  • Ceramics
  • Others (Wood)
By End Use
  • General Industries
  • Automotive
  • Aerospace
  • Packaging
  • Healthcare
  • Electronics & Semiconductor
  • Others (jewelry)
By Region
  • North America (By Product Type, By Mobility Type, By Material Type, By End Use, and By Country)
- U.S.

- Canada

- Mexico
  • South America (By Product Type, By Mobility Type, By Material Type, By End Use, and By Country)
- Brazil

- Argentina

- Rest of America
  • Asia Pacific (By Product Type, By Mobility Type, By Material Type, By End Use, and By Country)
- China

- India

- Japan

- South Korea

- ASEAN

- Oceania

- Rest of Asia Pacific
  • Europe (By Product Type, By Mobility Type, By Material Type, By End Use, and By Country)
- U.K.

- Germany

- France

- Italy

- Spain

- BENELUX

- Nordics

- Russia

- Rest of Europe
  • Middle East & Africa (By Product Type, By Mobility Type, By Material Type, By End Use, and By Country)
- GCC Countries

- Turkey

- South Africa

- Israel

- North Africa

- Rest of MEA


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities, and Trends
3.3. List of Market Participants
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Laser Marking Machine Key Players Market Share/Ranking, 2023
5. Laser Marking Machine Import Export Analysis
6. Global Laser Marking Machine Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Product Type (USD)
6.2.1. Fiber Laser
6.2.2. Diode Laser
6.2.3. Solid-State Laser
6.2.4. CO2 Laser
6.2.5. UV laser
6.3. By Mobility Type (USD)
6.3.1. Fixed
6.3.2. Portable
6.4. By Material Type (USD)
6.4.1. Metal
6.4.2. Glass
6.4.3. Plastics
6.4.4. Ceramics
6.4.5. Others (Wood, etc.)
6.5. By End Use (USD)
6.5.1. General Industries
6.5.2. Automotive
6.5.3. Aerospace
6.5.4. Packaging
6.5.5. Healthcare
6.5.6. Electronics & Semiconductor
6.5.7. Others (Jewelry, etc.)
6.6. By Country (USD)
6.6.1. North America
6.6.2. South America
6.6.3. Europe
6.6.4. Middle East & Africa
6.6.5. Asia Pacific
7. North America Laser Marking Machine Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Product Type (USD)
7.2.1. Fiber Laser
7.2.2. Diode Laser
7.2.3. Solid-State Laser
7.2.4. CO2 Laser
7.2.5. UV laser
7.3. By Mobility Type (USD)
7.3.1. Fixed
7.3.2. Portable
7.4. By Material Type (USD)
7.4.1. Metal
7.4.2. Glass
7.4.3. Plastics
7.4.4. Ceramics
7.4.5. Others (Wood, etc.)
7.5. By End Use (USD)
7.5.1. General Industries
7.5.2. Automotive
7.5.3. Aerospace
7.5.4. Packaging
7.5.5. Healthcare
7.5.6. Electronics & Semiconductor
7.5.7. Others (Jewelry, etc.)
7.6. By Country (USD)
7.6.1. United States
7.6.2. Canada
7.6.3. Mexico
8. South America Laser Marking Machine Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Product Type (USD)
8.2.1. Fiber Laser
8.2.2. Diode Laser
8.2.3. Solid-State Laser
8.2.4. CO2 Laser
8.2.5. UV laser
8.3. By Mobility Type (USD)
8.3.1. Fixed
8.3.2. Portable
8.4. By Material Type (USD)
8.4.1. Metal
8.4.2. Glass
8.4.3. Plastics
8.4.4. Ceramics
8.4.5. Others (Wood, etc.)
8.5. By End Use (USD)
8.5.1. General Industries
8.5.2. Automotive
8.5.3. Aerospace
8.5.4. Packaging
8.5.5. Healthcare
8.5.6. Electronics & Semiconductor
8.5.7. Others (Jewelry, etc.)
8.6. By Country (USD)
8.6.1. Brazil
8.6.2. Argentina
8.6.3. Rest of South America
9. Europe Laser Marking Machine Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Product Type (USD)
9.2.1. Fiber Laser
9.2.2. Diode Laser
9.2.3. Solid-State Laser
9.2.4. CO2 Laser
9.2.5. UV laser
9.3. By Mobility Type (USD)
9.3.1. Fixed
9.3.2. Portable
9.4. By Material Type (USD)
9.4.1. Metal
9.4.2. Glass
9.4.3. Plastics
9.4.4. Ceramics
9.4.5. Others (Wood, etc.)
9.5. By End Use (USD)
9.5.1. General Industries
9.5.2. Automotive
9.5.3. Aerospace
9.5.4. Packaging
9.5.5. Healthcare
9.5.6. Electronics & Semiconductor
9.5.7. Others (Jewelry, etc.)
9.6. By Country (USD)
9.6.1. U.K.
9.6.2. Germany
9.6.3. France
9.6.4. Italy
9.6.5. Spain
9.6.6. BENELUX
9.6.7. Nordics
9.6.8. Russia
9.6.9. Rest of Europe
10. Middle East & Africa Laser Marking Machine Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Product Type (USD)
10.2.1. Fiber Laser
10.2.2. Diode Laser
10.2.3. Solid-State Laser
10.2.4. CO2 Laser
10.2.5. UV laser
10.3. By Mobility Type (USD)
10.3.1. Fixed
10.3.2. Portable
10.4. By Material Type (USD)
10.4.1. Metal
10.4.2. Glass
10.4.3. Plastics
10.4.4. Ceramics
10.4.5. Others (Wood, etc.)
10.5. By End Use (USD)
10.5.1. General Industries
10.5.2. Automotive
10.5.3. Aerospace
10.5.4. Packaging
10.5.5. Healthcare
10.5.6. Electronics & Semiconductor
10.5.7. Others (Jewelry, etc.)
10.6. By Country (USD)
10.6.1. GCC Countries
10.6.2. Turkey
10.6.3. South Africa
10.6.4. Israel
10.6.5. North Africa
10.6.6. Rest of MEA
11. Asia Pacific Laser Marking Machine Market Size Estimates and Forecasts, By Segments, 2019-2032
11.1. Key Findings
11.2. By Product Type (USD)
11.2.1. Fiber Laser
11.2.2. Diode Laser
11.2.3. Solid-State Laser
11.2.4. CO2 Laser
11.2.5. UV laser
11.3. By Mobility Type (USD)
11.3.1. Fixed
11.3.2. Portable
11.4. By Material Type (USD)
11.4.1. Metal
11.4.2. Glass
11.4.3. Plastics
11.4.4. Ceramics
11.4.5. Others (Wood, etc.)
11.5. By End Use (USD)
11.5.1. General Industries
11.5.2. Automotive
11.5.3. Aerospace
11.5.4. Packaging
11.5.5. Healthcare
11.5.6. Electronics & Semiconductor
11.5.7. Others (Jewelry, etc.)
11.6. By Country (USD)
11.6.1. China
11.6.2. India
11.6.3. Japan
11.6.4. South Korea
11.6.5. ASEAN
11.6.6. Oceania
11.6.7. Rest of Asia Pacific
12. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
12.1. Coherent Inc.
12.1.1. Overview
12.1.1.1. Key Management
12.1.1.2. Headquarters
12.1.1.3. Offerings/Business Segments
12.1.2. Key Details (Key details are consolidated data and not product/service specific)
12.1.2.1. Employee Size
12.1.2.2. Past and Current Revenue
12.1.2.3. Geographical Share
12.1.2.4. Business Segment Share
12.1.2.5. Recent Developments
12.2. IPG Photonics
12.2.1. Overview
12.2.1.1. Key Management
12.2.1.2. Headquarters
12.2.1.3. Offerings/Business Segments
12.2.2. Key Details (Key details are consolidated data and not product/service specific)
12.2.2.1. Employee Size
12.2.2.2. Past and Current Revenue
12.2.2.3. Geographical Share
12.2.2.4. Business Segment Share
12.2.2.5. Recent Developments
12.3. Keyence Corporation
12.3.1. Overview
12.3.1.1. Key Management
12.3.1.2. Headquarters
12.3.1.3. Offerings/Business Segments
12.3.2. Key Details (Key details are consolidated data and not product/service specific)
12.3.2.1. Employee Size
12.3.2.2. Past and Current Revenue
12.3.2.3. Geographical Share
12.3.2.4. Business Segment Share
12.3.2.5. Recent Developments
12.4. Hans Laser Technology Co. Ltd.
12.4.1. Overview
12.4.1.1. Key Management
12.4.1.2. Headquarters
12.4.1.3. Offerings/Business Segments
12.4.2. Key Details (Key details are consolidated data and not product/service specific)
12.4.2.1. Employee Size
12.4.2.2. Past and Current Revenue
12.4.2.3. Geographical Share
12.4.2.4. Business Segment Share
12.4.2.5. Recent Developments
12.5. Trumpf
12.5.1. Overview
12.5.1.1. Key Management
12.5.1.2. Headquarters
12.5.1.3. Offerings/Business Segments
12.5.2. Key Details (Key details are consolidated data and not product/service specific)
12.5.2.1. Employee Size
12.5.2.2. Past and Current Revenue
12.5.2.3. Geographical Share
12.5.2.4. Business Segment Share
12.5.2.5. Recent Developments
12.6. Huangong Tech Co. Ltd.
12.6.1. Overview
12.6.1.1. Key Management
12.6.1.2. Headquarters
12.6.1.3. Offerings/Business Segments
12.6.2. Key Details (Key details are consolidated data and not product/service specific)
12.6.2.1. Employee Size
12.6.2.2. Past and Current Revenue
12.6.2.3. Geographical Share
12.6.2.4. Business Segment Share
12.6.2.5. Recent Developments
12.7. Videojet Technologies Inc.
12.7.1. Overview
12.7.1.1. Key Management
12.7.1.2. Headquarters
12.7.1.3. Offerings/Business Segments
12.7.2. Key Details (Key details are consolidated data and not product/service specific)
12.7.2.1. Employee Size
12.7.2.2. Past and Current Revenue
12.7.2.3. Geographical Share
12.7.2.4. Business Segment Share
12.7.2.5. Recent Developments
12.8. Tro Group
12.8.1. Overview
12.8.1.1. Key Management
12.8.1.2. Headquarters
12.8.1.3. Offerings/Business Segments
12.8.2. Key Details (Key details are consolidated data and not product/service specific)
12.8.2.1. Employee Size
12.8.2.2. Past and Current Revenue
12.8.2.3. Geographical Share
12.8.2.4. Business Segment Share
12.8.2.5. Recent Developments
12.9. Novanta Inc.
12.9.1. Overview
12.9.1.1. Key Management
12.9.1.2. Headquarters
12.9.1.3. Offerings/Business Segments
12.9.2. Key Details (Key details are consolidated data and not product/service specific)
12.9.2.1. Employee Size
12.9.2.2. Past and Current Revenue
12.9.2.3. Geographical Share
12.9.2.4. Business Segment Share
12.9.2.5. Recent Developments
12.10. 600 Group
12.10.1. Overview
12.10.1.1. Key Management
12.10.1.2. Headquarters
12.10.1.3. Offerings/Business Segments
12.10.2. Key Details (Key details are consolidated data and not product/service specific)
12.10.2.1. Employee Size
12.10.2.2. Past and Current Revenue
12.10.2.3. Geographical Share
12.10.2.4. Business Segment Share
12.10.2.5. Recent Developments

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