For production processes, the industrial and manufacturing industries demand cutting-edge and dependable equipment. Laser marking machines and systems are one sort of technology that is quickly becoming indispensable in many sectors. For metals and non-metal units, laser marking machines provide durable, faster, and more precise marking and engraving options.
Laser marking machines use a variety of lasers to mark, etch, and engrave a variety of products and materials for a variety of uses. Serial numbers, component labels, date codes, barcodes, and individual part numbers are all marked on the machine by various industries. Furthermore, laser marking devices are widely used in the medical field for titanium and stainless steel parts, however, laser marking can be done on a variety of materials.
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Among laser marking machines, fiber lasers are hastily gaining popularity in various industrial applications owing to excellent beam quality, superior reliability, and high efficiency. The laser marking machines are employed predominantly in the electronics & semiconductor industry for the laser marking of silicon wafers, and PCBs to facilitate traceability. The requisite of high initial investment and robust infrastructure play a vital role in the further growth in the global laser marking machines market. Additionally, substantial growth is expected to witness by the laser marking machines market. Consequently, global study of laser marking machines become an important read for the companies to develop new strategies in this lucrative market.
Intense radio frequency range and hazards related to electrical shocks from device controls proliferate opportunities for manufacturers to develop user-friendly and reliable laser marking machines. Significant competition among the prominent and new market players increases the contest to enhance more market share. Strategies related to research and development activities are adopted by the companies to further gain a competitive edge in the global laser marking machines market.
Various price ranges of laser marking machines available in the market are expected to create a positive influence on the purchasing behavior of customers. Furthermore, product development which includes portable laser marking machine is anticipated to augment the growth over the forecast period. Also, the lack of alternative technologies for laser marking machines is foreseen to aid an impetus to the pace of laser marking machines market in the coming years. Additionally, profitable performance in the end-use industries such as packaging, machine tools, and the automotive industry is expected to pave new avenues for the development of the global laser marking machines market.
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Example of some of the market participants in the global laser marking machines market discerned across the value chain include:
- Trotec Laser GmbH
- ROFIN-SINAR Laser GmbH
- ALLTEC GmbH
- Wuhan HGLaser Engineering Co., Ltd.
- TYKMA Electrox, Inc.
- Jinan Style Machinery Co., Ltd.
- RMI Laser
- Arihant Maxsell Technologies Private Limited
- Agile Machineries Pvt. Ltd.
- Sintec Optronics Pte Ltd
- Laserite Ltd. (Lotus Laser Systems)
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global laser marking machines market can be segmented on the basis of Laser Marking Machines and regions.
On the basis of product type, global laser marking machines market can be segmented as
- Others (Universal Type)
On the basis of laser type, global laser marking machines market can be segmented as
- CO2 Laser
- Fiber laser
- Nd : YAG Laser
- Nd : YVO4 Laser
- UV Laser
On the basis of end-use industry, global laser marking machines market can be segmented as
- Military & Defense
- Food & Beverage
- Oil & Gas
- Others (general industrial goods etc.)
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According to Japanese industry, production by the Japanese electronics industry is foreseen to increase steadily in the coming years. However, maturity in the market is likely to impede the growth of laser marking machines market. Demand for laser marking machines is likely to come from Asia Pacific owing to surge in demand for packaging solutions. In the developed market of North America and Western Europe, innovations and technological advancements are expected to bolster the growth of individual players in the laser marking machines market. Furthermore. U.S. semiconductor industry is an important contributor to the economy of the country. Rapid scientific developments in the field of electronics is anticipated to strengthen the growth of laser marking machines market. Low penetration of laser marking machines in Middle East & Africa proliferate development opportunities for the global and regional players.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.