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Laser Marking Market History, Overview and Future Developments by 2024 Analysis and Forecast

A fresh report titled on “Laser Marking Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements.

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The overall laser marking market is expected to grow from US$ 2.1 Billion in 2018 to US$ 3.0 Billion by 2024, at a CAGR of 6.0% during the forecast period. This report spread across 154 pages, profiling 10 companies and supported with 71 tables and 56 figures is now available in this research.

Topmost Outstanding Market Players:

  • Coherent (US)
  • Han’s Laser (China)
  • Trumpf (Germany)
  • Gravotech (France)
  • Jenoptik (US)
  • Epilog Laser (US)
  • 600 Group (UK)
  • Mecco (US)
  • Laserstar (US)
  • Novanta (US)

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“Diode laser type is likely to grow at the highest CAGR during the forecast period”

By type, the market for diode laser is expected to grow at the highest CAGR within the overall laser marking market during the forecast period. The diode laser is also known as a laser diode or injection laser. After passing current through the laser, diode laser produces coherent radiation in the visible or infrared spectrum. The market growth for this laser type can be attributed toits application in ablation marking, day/night marking, and heat affected zone marking.

 

“Hardware offering held the largest share of the laser marking market in 2018”

By offering, the hardware segment accounted for the largest share of the laser marking market in 2018. This largest market share can be attributed to the high requirement of hardware in several types of laser marking systems. Hardware components, such as laser, controller, filter, rotary device, galvanometer, and power supply, are the building blocks of laser markers and engraving machines and are elemental for their proper functioning.

 

Breakdown of primary participants’ profile:

  • By Company Type: Tier 1 =25%, Tier 2 =40%, and Tier 3 =35%
  • By Designation: C Level = 35%, Director Level=25%, and Others=40%
  • By Region: North America =45%, Europe =20%, APAC =25%, and RoW =10%

 

Competitive Landscape of Laser Marking Market:

1 Introduction

2 Market Ranking Analysis: Laser Marking Market

3 Competitive Leadership Mapping

3.1 Visionary Leaders

3.2 Innovators

3.3 Dynamic Differentiators

3.4 Emerging Companies

4 Competitive Benchmarking

4.1 Strength of Product Portfolio (25 Companies)

4.2 Business Strategy Excellence (25 Companies)

5 Competitive Scenario

5.1 Expansions

5.2 Product Launches and Developments

5.3 Acquisitions

5.4 Partnerships, Collaborations, Alliances, and Joint Ventures

 

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