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Laser Marking Machine Market Trends

Report ID: GMI6048
Published Date: Jun 2023
Report Format: PDF

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Laser Marking Machine Market Trends

Laser marking machines are finding applications in emerging industries such as additive manufacturing (3D printing) and flexible electronics. These industries require precise marking solutions for labeling, part identification, and quality control, which are provided by laser marking machines. Additive manufacturing processes, such as 3D printing, often involve custom manufacturing. Laser marking machines offer precise & durable solutions for labeling and part identification. This includes placing important information, such as part numbers, barcodes, barcodes, and QR codes, directly on the 3D-printed product. The versatility, precision, speed, and customization capabilities of laser marking machines make them well-suited for these emerging sectors, fueling their adoption.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for laser marking machine was USD 3.2 billion in 2022 and is anticipated to grow at more than 9% CAGR from 2023-2032 driven by the continuous advancements in laser technology.

Laser marking machine industry share from the CO2 type segment is projected to exhibit over 11% CAGR from 2023-2032 owing to widespread usage in industrial applications, such as marking packaging materials, labels, serial numbers, barcodes, and decorative patterns.

Asia Pacific held more than 37% of the laser marking machine industry share in 2022 and is set to expand steadily through 2032 attributed to the rising product promotion and tracking, and growing demand for high-quality products & precision solutions.

Coherent Inc., Danaher Corporation, Epilog Laser, LLC, Gravotech Marking SAS, Han's Laser Technology Industry Group Co., Ltd., Huagong Tech Co., Ltd., Keyence Corporation, LaserStar Technologies Corporation, and MECCO, LLC are few of the prominent laser marking machine manufacturers