Global Laser Market Growth 2023-2029

Global Laser Market Growth 2023-2029

Laser marking machine is a type of machine that use laser beam to make permanent marking in various surface materials. Laser marking machines are used in a dynamic, highly adaptable process for high-speed character, logo, graphic, bar code and 2D Data Matrix marking. Laser marking is highly readable and leaves a permanent mark that enables effective traceability and is capable of withstanding harsh environmental conditions. Ancillary equipment such as computer control systems are not counted in the data analysis.
LPI (LP Information)' newest research report, the “Laser Industry Forecast” looks at past sales and reviews total world Laser sales in 2022, providing a comprehensive analysis by region and market sector of projected Laser sales for 2023 through 2029. With Laser sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser industry.
This Insight Report provides a comprehensive analysis of the global Laser landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laser market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser.
The global Laser market size is projected to grow from US$ 1771.6 million in 2022 to US$ 2211 million in 2029; it is expected to grow at a CAGR of 2211 from 2023 to 2029.
Global Laser key players include Han's Laser, Telesis Technologies, Trumpf, Rofin, TYKMA Electrox, etc. Global top five manufacturers hold a share about 35%. Asia-Pacific is the largest market, with a share about 40%, followed by North America, with a share about 30percent. In terms of product, Fiber Laser Marking Machine is the largest segment, with a share about 50%. And in terms of application, the largest application is Packaging, followed by Electronics, Auto Parts, Hardware, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Laser market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fiber Laser Marking Machine
CO2 Lasers Laser Marking Machine
Solid State Lasers Laser Marking Machine
Segmentation by application
Electronics
Packaging
Auto Parts
Hardware
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Han's Laser
Telesis Technologies
Trumpf
Rofin
TYKMA Electrox
Trotec
FOBA
Gravotech
Videojet
Epilog Laser
Schmidt
Eurolaser
Huagong Tec
SIC Marking
Amada Miyachi
Laserstar
Universal Laser Systems
Mecco
Key Questions Addressed in this Report
What is the 10-year outlook for the global Laser market?
What factors are driving Laser market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Laser market opportunities vary by end market size?
How does Laser break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.