Global Laser Marking
Market Report
2024
The global laser marking market size is USD 3.91 billion in 2024. The laser marking market will show strongest growth with a compound annual growth rate (CAGR) of 5.80% from 2024 to 2031. This growth can be attributed to increasing dependence on automated technology.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to cognitive market research, the global laser marking market size is USD 3.91 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.80% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Laser Marking Market Sales Revenue 2024 | $ 3.91 Billion |
Global Laser Marking Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.8% |
Market Split by Laser Type |
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Market Split by Product |
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Market Split by Material Type |
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Market Split by Application |
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Market Split by Enduser |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Laser Marking industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Laser Marking Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Laser marking machines are advanced industrial devices that use laser technology to mark, engrave, and label materials precisely. These machines use high-intensity laser beams to print permanent marks, logos, serial numbers, barcodes, and other identifiers on a variety of materials such as metals, plastics, ceramics, and composites. Laser marking has several advantages over traditional marking technologies, including high speed, accuracy, adaptability, and non-contact processing, making it suitable for a variety of manufacturing and production applications. Traditional laser markers and integrated machines are normally limited to a flat planar field of vision, which can be changed for inclined planes or circular surfaces by rotating and moving the object during marking. However, as manufacturing has progressed to include increasingly complex-shaped characters, laser markers have been incorporated into programmed robotics or modern 5-axis machines.
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In June 2023, Trumpf, a major worldwide technology business, made a big breakthrough with the release of its most recent product, the TruMark 3000 fiber laser marking equipment. (Source: https://www.trumpf.com/en_IN/products/lasers/marking-lasers/trumark-series-3000/)
Top Companies Market Share in Laser Marking Industry: (In no particular order of Rank)
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According to cognitive market research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America's manufacturing industry is well-established and diverse, including automotive, aerospace, electronics, and medical devices. These industries rely extensively on laser marking to identify products, trace them, and control their quality.
Asia-Pacific stands out as the fastest-growing region in the laser marking market due to the region having a large and established manufacturing sector, mainly in China and India. This results in a significant need for effective and precise product marking solutions. Laser marking equipment has steadily decreased in price, making it more accessible to the region's small and medium-sized firms.
The current report Scope analyzes Laser Marking Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Laser Marking Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Laser Marking Industry growth. Laser Marking market has been segmented with the help of its Laser Type, Product Material Type, and others. Laser Marking market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, CO2 laser is the dominant category. CO2 lasers can mark a variety of surfaces, including wood, glass, acrylic, rubber, paper, leather, and some polymers. This makes them useful for a wide range of businesses. They do not physically touch the designated material, which is great for fragile or sensitive surfaces. CO2 lasers leave sharp, clear marks that are resistant to wear and tear. This is critical for applications, including serial numbers, logos, and data matrix codes. .
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Laser Marking from 2019 to 2031. This will also help to analyze the demand for Laser Marking across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Product of Laser Marking are:
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Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Laser Marking Market is witnessing significant growth in the near future.
In 2023, the CO2 laser segment accounted for noticeable share of global Laser Marking Market and is projected to experience significant growth in the near future.
The Portable segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Coherent Inc (US) , Han's Laser Technology Co Ltd. (China) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Laser Type | CO2 laser, Fiber laser, Green laser, UV laser, YAG laser |
Product | Portable, Fixed |
Material Type | Metal, ??Plastic, ??Glass, ??Others |
Application | Bar Codes, Logos, Date Codes, Part Numbers, QR Codes, Others |
Enduser | Automotive, Aerospace, Machine tool, Electronics & Microelectronics, Medical, Packaging, Military, Others |
List of Competitors | 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) |
This chapter will help you gain GLOBAL Market Analysis of Laser Marking. Further deep in this chapter, you will be able to review Global Laser Marking Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Laser Type Analysis 2019 -2031, will provide market size split by Laser Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Laser Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Product Analysis 2019 -2031
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Chapter 12 Market Split by Material Type Analysis 2019 -2031
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Chapter 13 Market Split by Application Analysis 2019 -2031
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Chapter 14 Market Split by Enduser Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Laser Marking market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why CO2 laser have a significant impact on Laser Marking market? |
What are the key factors affecting the CO2 laser and Fiber laser of Laser Marking Market? |
What is the CAGR/Growth Rate of Portable during the forecast period? |
By type, which segment accounted for largest share of the global Laser Marking Market? |
Which region is expected to dominate the global Laser Marking Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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