Global Laser Marking Machine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Laser Marking Machine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Laser Marking is a marking method which utilizes laser light to mark materials using a fine spot diameter. A Laser Marking Machine can be thought of as three main parts: a laser, a controller, and a surface. The laser is like a pencil - the beam emitted from it allows the controller to trace patterns onto the surface. The controller direction, intensity, speed of movement, and spread of the laser beam aimed at the surface. The surface is picked to match what the laser can act on.

Market Overview:

The latest research study on the global Laser Marking Machine market finds that the global Laser Marking Machine market reached a value of USD 1928.64 million in 2022. It’s expected that the market will achieve USD 2304.0 million by 2028, exhibiting a CAGR of 3.01% during the forecast period.

Opportunities

Implementation of numerous legislations by various agencies such as food and drug association (FDA) for marking of unique device identification for medical devices are anticipated to be the dynamic factor behind the rapid growth of Laser Marking Machine market. Likely, wide spectrum of marking application in various industries along with introduction of highly efficient laser marking products such as fiber Laser Marking Machine is predicted to foster the growth of Laser Marking Machine market.
The lack of alternative technologies for Laser Marking Machines is foreseen to aid an impetus to the pace of Laser Marking Machines market in the coming years.
For example, China, India, South America, have large population in the world, with the progress of economy, development of local enterprises.
Development of Industrial Galvo Laser Marking Machine downstream application industries, the demand for Industrial Galvo Laser Marking Machines has also expanded, the market of Industrial Galvo Laser Marking Machine has great market potential in those Regions. In addition, more and more suppliers are shifting their production bases to the Asia-Pacific region because the low labor cost and have a good industrial base. This is also one of the factors driving market growth in the region.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

Han's Laser is one of the major players operating in the Laser Marking Machine market, holding a share of 12.59% in 2019.

Han's Laser is committed to providing customers with the latest industrial laser machine technology to better suit their special needs.Han’s Laser has more than 200 machine models, including Laser Engraving/Marking /Etching Series, Laser Welding Series, Laser Cutting Series, Sub-Surface Engraving Series, Laser Display Series, and so on. All these equipments have been widely used in the production of different products.

TRUMPF GmbH Co. KG, a high-tech company, provides manufacturing solutions in the fields of machine tools, laser technology, and electronics worldwide. The company operates through Machine Tools and Laser Technology divisions. It offers laser cutting machines, three-dimensional (3D) laser cutting machines, laser welding systems, laser tube cutting machines, marking systems, 3D printing systems, punching machines, punch laser machines, bending machines, storage systems, and automation components.

Segmentation Overview:

Among different product types, Fiber Laser segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Automotive & Aerospace segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Laser Marking Machine market covered in Chapter 3:

Trumpf
Telesis Technologies
Trotec Laser
Coherent
Gravotech Group
HGTECH
Han's Laser
FOBA
Epilog Laser

In Chapter 4 and Chapter 14.2, on the basis of types, the Laser Marking Machine market from 2018 to 2029 is primarily split into:

Fiber Laser Marking Machine
CO2 Laser Marking Machine
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Laser Marking Machine market from 2018 to 2029 covers:

Electronic component
Automotive & Aerospace
Electronics & Microelectronics
Packaging
Mobile Communications
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)