According to IMARC Group’s latest report, titled “Laser Marking Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global laser marking machine market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. A laser marking machine refers to mechanical equipment that is used for engraving permanent marks, such as logos, bar codes and matrix codes, on several material surfaces. It is commonly embedded with a laser and a controller that facilitates precise and high-quality marks. As a result, they are extensively utilized to engrave on steel, wood, titanium, aluminum and ceramic surfaces.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The global laser marking machine market is primarily driven by significant growth in the automotive industry. The rising usage of laser marking machines to engrave serial numbers on tires without hampering their structure or compromising on their integrity is providing an impetus to the market growth. Moreover, continual technological advancements, such as the widespread integration of robotics and sensors with laser marking machines, are creating a positive outlook for the market further. Other factors, including significant expansion in the electronics sector and the increasing demand for personalized fashion accessories among individuals, are further contributing to the market growth.
Laser Marking Machine Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the laser marking machine market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Epilog Corporation
- Gravotech Engineering PVT Ltd.
- Han’s Laser Technology Industry Group Co. Ltd.
- LaserStar Technologies Corporation
- MECCO
- Sea Force Co. Ltd.
- Telesis Technologies Inc. (Tyden Group Holdings Corp.)
- Trotec Laser (Trodat GmbH)
- TYKMA Electrox Inc.
- Videojet Technologies Inc. (Danaher Corporation)
Key Market Segmentation:
The report has segmented the global laser marking machine market on the basis of type, application and region.
Breakup by Type:
- CO2 Laser
- Fiber Laser
- Green Laser
- UV Laser
- YAG Laser
- Others
Breakup by Application:
- Automotive
- Aerospace
- Machine Tool
- Electronics and Semiconductor
- Medical
- Packaging
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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