1. Home
  2. > Automotive Market Trends
Laser Marking Market by Laser Type, Industry, Offering, Application, Method, Material and Region - Global Forecast to 2027

Laser Marking Market by Laser Type, Industry, Offering, Application, Method, Material and Region - Global Forecast to 2027

  • September 2022
  • 254 pages
  • ID: 5792000
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The laser marking market is estimated to grow from USD 2.9 billion in 2022 to reach
USD 4.1 billion by 2027; it is expected to grow at a CAGR of 7.2% from 2022 to 2027. The growth of the laser marking market can be attributed to higher performance of laser markers over traditional material marking techniques.

The laser marking market for laser engraving method is expected to hold largest share from 2022 to 2027
Laser engraving is seeing a rapid rise in use cases for the technology in the industrial segment.One of the bigger segments is identification security, where laser engraving is ideal for credit cards, ID cards, sensitive documents, and other items requiring increased safety measures.

Laser engraving is also being used for multiple new applications such as woodworking, metalworking, digital and retail signage, model-making, apparel shops, fabric shops, gadgets, and sports equipment.

Laser marking market for QR codes is expected to hold the largest share during the forecast period.
Laser marking market for QR codes is expected to hold the largest share during the forecast period.QR codes are used across different industries, such as construction, packaging, medical, automotive, and semiconductor.

With specialized laser marking software, laser marking systems can directly mark QR Codes onto products made of almost any material.With the explosion of Smartphones, QR codes are becoming more commonplace and are scannable by a growing portion of the population.

QR codes are becoming a standard for product identification.The QR code can link to a URL address such as a Facebook page, YouTube channel, or company website.

With recent advancements, 3D codes have come into the picture, requiring 3-axis laser marking machines for marking uneven surfaces or hollow or cylindrical surfaces.

The laser marking market in North America to grow at the second highest CAGR during forecast period.
The laser marking market in North America is expected to grow at the second highest CAGR during forecast period.The US, Canada, and Mexico are the major contributors to the growth of the laser marking market in North America.

North America is one of the most technologically advanced regions and is a massive market for laser marking devices because of the presence of prominent system suppliers, large semiconductor companies, and automobile manufacturers. North America is a pivotal region for the growth of laser marking in machine tools, aerospace & defense, automotive, and semiconductor & electronics industries.

Breakdown of the profile of primary participants:
• By Company Type: Tier 1 – 30%, Tier 2 – 50%, and Tier 3 – 20%
• By Designation: C-level Executives – 30%, Directors – 45%, Others - 25%
• By Region: North America – 20%, Europe – 30%, Asia Pacific – 45%, and RoW – 5%
Coherent, Inc. (US), TRUMPF (Germany), Han’s Laser Technology Co., Ltd. (China), Gravotech Marking (France), IPG Photonics Corp. (US), 600 Group (UK), Danaher Corp. (US), Novanta Inc. (US), KEYENCE Corp. (Japan), Huagong Tech Co., Ltd. (China), Trotec Laser (Austria), Epilog Laser (US), and MECCO (US) are among a few of the players in the laser marking market.

Research Coverage
Based on offering, the laser marking market has been segmented into hardware, software, and services.Based on material, the laser marking market has been segmented into plastic; metal; glass, paper, and ceramics; and others.

Based on laser type, the laser marking market has been segmented into fiber laser, diode laser, solid-state laser, CO2 laser, UV Laser and others.Based on method, the laser marking market has been segmented into annealing, ablation, engraving, and others.

Based on product type, the laser marking market has been segmented into portable and fixed laser marking. Based on machine type, the laser marking market has been segmented into 2D laser marking and 3D laser marking.
Based on application, the laser marking market has been segmented into bar codes, logos, date codes, part numbers, QR codes, and others.Based on industry, the laser marking market is segmented into machine tools, automotive, semiconductor & electronics, aerospace & defense, healthcare, packaging, and others.

Based on region, the laser marking market has been segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW).

Reasons to Buy Report

The report would help market leaders/new entrants in the following ways:
1. This report segments the laser marking market comprehensively and provides the closest approximations of the overall market size, as well as that of the subsegments across offerings, materials, methods, laser types, product types, machine types, applications, industries, and regions.
2. The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape provides market share analysis and company evaluation quadrant for the key players operating in the laser marking market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Industrial Metrology Market by Offering, Equipment, Application, End-User Industry, Region - Global Forecast to 2027

  • $ 4950
  • October 2022
  • 309 pages

The industrial metrology market is expected to grow from USD 10.9 billion in 2022 to USD 14.6 billion by 2027, at a CAGR of 6.1%. The most significant factor driving the growth of the industrial metrology ...

  • World
  • North America
  • Automotive
  • Aerospace And Defense
  • Industry analysis
  • Medical Technology Density
  • Vehicle Production

ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on