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Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid-state Laser, CO2 Laser, UV Laser), Industry (Machine Tools, Semiconductor & Electronics, Automotive), Offering, Application, Method, Material and Region - Global Forecast to 2027

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    Report

  • 254 Pages
  • September 2022
  • Region: Global
  • Markets and Markets
  • ID: 4791669
Description Jump to:

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 methods is expected to hold the 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. 

The 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 the 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 the 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 the 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 the 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.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions and Exclusions
1.4 Study Scope
1.4.1 Markets Covered
Figure 1 Laser Marking Market: Segmentation
1.4.2 Regional Scope
1.5 Years Considered
1.6 Currency Considered
1.7 Units Considered
1.8 Limitations
1.9 Stakeholders
1.10 Summary of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Laser Marking Market Size Estimation and Process Flow
Figure 3 Laser Marking Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews with Experts
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
Figure 4 Market Size Estimation Methodology: Approach 1 (Supply Side): Revenue Generated from Sale of Laser Marking Solutions in 2021
Figure 5 Market Size Estimation Methodology: Approach 2 (Demand Side): Estimation of Laser Marking Market Size, by Industry
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Deriving Market Size by Bottom-Up Analysis (Demand Side)
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Size by Top-Down Analysis (Supply Side)
Figure 7 Market Size Estimation Methodology: Top-Down Approach
2.2.3 Market Share Estimation
2.3 Market Breakdown and Data Triangulation
Figure 8 Market Breakdown and Data Triangulation
2.4 Research Assumptions
Table 1 Assumptions for Research Study
2.4.1 Growth Rate Assumptions/Forecasts
2.5 Limitations
2.6 Risk Assessment

3 Executive Summary
Figure 9 Hardware Segment to Hold Largest Market Share During Forecast Period
Figure 10 Fiber Laser Segment to Hold Largest Share of Laser Marking Market During Forecast Period
Figure 11 Packaging Industry to Grow at Highest CAGR During Forecast Period
Figure 12 Asia-Pacific Laser Marking Market to Grow at Highest CAGR During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities for Players Operating in Laser Marking Market
Figure 13 High Demand for Laser Markers in Healthcare and Semiconductor & Electronics Industries
4.2 Laser Marking Market, by Offering
Figure 14 Hardware Segment to Hold Largest Share of Laser Marking Market During Forecast Period
4.3 Laser Marking Market, by Method
Figure 15 Engraving Segment to Hold Majority of Market Share in 2027
4.4 Laser Marking Market, by Application
Figure 16 Qr Codes Segment to Hold Largest Market Share in 2027
4.5 Asia-Pacific Laser Marking Market, by Country and Industry
Figure 17 Machine Tools Industry and China to Hold Major Shares of Asia-Pacific Laser Marking Market in 2022
4.6 Laser Marking Market, by Country
Figure 18 India to Exhibit Highest CAGR in Global Laser Marking Market During Forecast Period

5 Market Overview
5.1 Introduction
Figure 19 Laser Marking Market: Drivers, Restraints, Opportunities, and Challenges
5.1.1 Drivers
Figure 20 Laser Marking Market: Drivers and Their Impact
5.1.1.1 Higher Performance of Laser Markers Over Traditional Material Marking Techniques
5.1.1.2 Increasing Adoption of Laser Markers in Various Industries
5.1.1.3 Growing Adoption of Smart Manufacturing Techniques
5.1.1.4 Shift Toward Production of Nanodevices and Microdevices
Figure 21 Global Semiconductor Silicon Material Sales in Million Square Inch (Msi), 2018-2021
5.1.2 Restraints
Figure 22 Laser Marking Market: Restraints and Their Impact
5.1.2.1 High Deployment Cost
5.1.3 Opportunities
Figure 23 Laser Marking Market: Opportunities and Their Impact
5.1.3.1 Growing Adoption of Advanced Laser Marking Technologies
5.1.3.2 Increasing Trend of Personalized Gifts
5.1.4 Challenges
Figure 24 Laser Marking Market: Challenges and Their Impact
5.1.4.1 Environmental Concerns Associated with Use of Rare-Earth Elements
5.1.4.2 Technical Complexities Related to High-Power Lasers
5.2 Value Chain Analysis
Figure 25 Value Chain Analysis: Major Value Added by Original Equipment Manufacturers (Oems) and Laser Marking System Integrators
5.3 Ecosystem Analysis
Figure 26 Ecosystem of Laser Marking Market
Table 2 Laser Marking Market: Company Roles
5.4 Technology Analysis
5.5 Patent Analysis
Figure 27 Number of Patents Granted Per Year, 2012-2021
Figure 28 Top 10 Companies with Highest Number of Patent Applications in Last 10 Years
Table 3 List of Top Patent Owners in Last 10 Years
5.5.1 List of Major Patents Related to Laser Marking Market
Table 4 List of Major Patents
5.6 Case Study Analysis
5.6.1 Leading Oem of Electrical Components Relabels Circuit Breakers with Mecco's and Itrace's Technologies
5.6.2 Junghans Achieves High-Quality Marking on Its Limited-Edition Platinum Watches with Trumpf's Trumark Station 7000
5.6.3 Foba Helps Centex Machining Reduce Marking Time and Enhance Efficiency
5.6.4 Laserax Helps Meridian with Best Laser Marking Station Suitable for Harsh Environments
5.7 Trends/Disruptions Impacting Customers’ Businesses
Figure 29 Trends/Disruptions in Laser Marking Market
5.8 Trade Analysis
Figure 30 Import Data for Hs Code 845611, by Country, 2017-2021
Figure 31 Export Data for Hs Code 845611, by Country, 2017-2021
5.9 Porter's Five Forces Analysis
Table 5 Laser Marking Market: Porter's Five Forces Analysis
5.9.1 Intensity of Competitive Rivalry
5.9.2 Bargaining Power of Suppliers
5.9.3 Bargaining Power of Buyers
5.9.4 Threat of Substitutes
5.9.5 Threat of New Entrants
5.10 Tariff Analysis
Table 6 Tariff Imposed on Laser Marking Machines Under Hs Code 845611 Exported by US
Table 7 Tariff Imposed on Laser Marking Machines Under Hs Code 845611 Exported by China
Table 8 Tariff Imposed on Laser Marking Machines Under Hs Code 845611 Exported by Germany
5.11 Standards and Regulatory Landscape
5.11.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 RoW: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.11.2 Laser Standards, Classifications, and Related Ratings
Table 13 Classification Criteria of Different Laser Standards
5.11.3 Ingress Protection (Ip) Ratings
Table 14 Ingress Protection (Ip) Ratings
5.11.4 Restriction of Hazardous Substances (Rohs) and Waste Electrical and Electronic Equipment (Weee)
5.11.5 Registration, Evaluation, Authorization, and Restriction of Chemicals (Reach)
5.11.6 General Data Protection Regulation (Gdpr)
5.11.7 Import-Export Laws
5.12 Key Stakeholders and Buying Criteria
5.12.1 Key Stakeholders in Buying Process
Figure 32 Influence of Stakeholders in Buying Process, by Top 3 Industries
Table 15 Influence of Stakeholders in Buying Process, by Top 3 Industries (%)
5.12.2 Buying Criteria
Figure 33 Key Buying Criteria for Top 3 Industries
Table 16 Key Buying Criteria for Top 3 Industries
5.13 Pricing Analysis
5.13.1 Average Selling Price of Laser Marking Systems Offered by Market Players to Top 3 Industries
Figure 34 Average Selling Price of Laser Marking Systems Offered by Market Players to Top 3 Industries
Table 17 Average Selling Price of Laser Marking Systems Offered by Market Players to Top 3 Industries
5.14 Key Conferences and Events, 2022-2023
Table 18 Laser Marking Market: Detailed List of Conferences and Events

6 Laser Marking Market, by Offering
6.1 Introduction
Figure 35 Services Segment to Grow at Highest CAGR During Forecast Period
Table 19 Laser Marking Market, by Offering, 2018-2021 (USD Million)
Table 20 Laser Marking Market, by Offering, 2022-2027 (USD Million)
6.2 Hardware
Table 21 Hardware: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 22 Hardware: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
Table 23 Hardware: Laser Marking Market, by Laser Type, 2018-2021 (Units)
Table 24 Hardware: Laser Marking Market, by Laser Type, 2022-2027 (Units)
6.2.1 Laser
6.2.1.1 Active Laser Medium
6.2.1.1.1 Acts as Source of Optical Gain to Produce Population Inversion
6.2.1.2 External Energy Source
6.2.1.2.1 Laser Markers Supported Via Pump Source That Transfers Energy from External Source
6.2.1.3 Optical Resonator
6.2.1.3.1 Used in Guiding Stimulated Emission Processes to Generate Laser Beam
6.2.2 Controller
6.2.2.1 Used to Control Laser Beam Emitted from Laser Source
6.2.3 Filter
6.2.3.1 Used to Filter Range of Wavelengths to Transmit Desired Wavelengths and Filter Unwanted Wavelengths
6.2.4 Rotary Device
6.2.4.1 Laser Marking Machines Supported by Rotary Devices to Work on Rounded Items
6.2.5 Galvanometer
6.2.5.1 Used to Guide Beam Within Limited Area Through Lens Onto Object Surface
6.2.6 Power Supply
6.2.6.1 Provides Energy to All Devices Installed in Laser Marking System
6.3 Software
6.3.1 Enables Laser Markers to Perform 3D Marking and Laser Marking of Texts, Logos, and Graphics
Table 25 Software: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 26 Software: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
6.4 Services
6.4.1 Laser Marking Services Facilitate Deployment and Operation of Laser Marking Systems
Table 27 Services: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 28 Services: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)

7 Laser Marking Market, by Laser Type
7.1 Introduction
Figure 36 Uv Laser Segment to Register Highest CAGR During Forecast Period
Table 29 Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 30 Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
7.2 Fiber Laser
7.2.1 Growing Demand for Fiber Laser Marking Systems Attributed to High Versatility
Table 31 Fiber Laser: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 32 Fiber Laser: Laser Marking Market, by Industry, 2022-2027 (USD Million)
Table 33 Fiber Laser: Laser Marking Market, by Offering, 2018-2021 (USD Million)
Table 34 Fiber Laser: Laser Marking Market, by Offering, 2022-2027 (USD Million)
7.3 Diode Laser
7.3.1 High Use of Diode Lasers for Ablation and Day/Night Markings
Table 35 Diode Laser: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 36 Diode Laser: Laser Marking Market, by Industry, 2022-2027 (USD Million)
Table 37 Diode Laser: Laser Marking Market, by Offering, 2018-2021 (USD Million)
Table 38 Diode Laser: Laser Marking Market, by Offering, 2022-2027 (USD Million)
7.4 Solid-State Laser
Table 39 Solid-State Laser: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 40 Solid-State Laser: Laser Marking Market, by Industry, 2022-2027 (USD Million)
Table 41 Solid-State Laser: Laser Marking Market, by Offering, 2018-2021 (USD Million)
Table 42 Solid-State Laser: Laser Marking Market, by Offering, 2022-2027 (USD Million)
7.4.1 Yttrium Aluminum Garnet (Yag) Laser
7.4.1.1 Use of Yttrium Aluminum Garnet (Yag) Lasers for Several Applications Attributed to High Thermal Conductivity
7.4.2 Neodymium Glass Laser
7.4.2.1 Use of Neodymium Glass Lasers in High-Energy-Pulsed Operations
7.4.3 Thin Disk Laser
7.4.3.1 Ability to Generate High Peak Power in Picosecond Pulses
7.5 Co2 Laser
7.5.1 High Use of Co2 Lasers for Commercial, Industrial, and Military Applications
Table 43 Co2 Laser: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 44 Co2 Laser: Laser Marking Market, by Industry, 2022-2027 (USD Million)
Table 45 Co2 Laser: Laser Marking Market, by Offering, 2018-2021 (USD Million)
Table 46 Co2 Laser: Laser Marking Market, by Offering, 2022-2027 (USD Million)
7.6 Ultraviolet (Uv) Laser
7.6.1 Growing Adoption of Ultraviolet (Uv) Lasers to Mark Highly Reflective Materials
Table 47 Uv Laser: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 48 Uv Laser: Laser Marking Market, by Industry, 2022-2027 (USD Million)
Table 49 Uv Laser: Laser Marking Market, by Offering, 2018-2021 (USD Million)
Table 50 Uv Laser: Laser Marking Market, by Offering, 2022-2027 (USD Million)
7.7 Others
Table 51 Others: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 52 Others: Laser Marking Market, by Industry, 2022-2027 (USD Million)
Table 53 Others: Laser Marking Market, by Offering, 2018-2021 (USD Million)
Table 54 Others: Laser Marking Market, by Offering, 2022-2027 (USD Million)

8 Laser Marking Market, by Product Type
8.1 Introduction
Figure 37 Fixed Segment to Hold Larger Share of Laser Marking Market During Forecast Period
Table 55 Laser Marking Market, by Product Type, 2018-2021 (USD Million)
Table 56 Laser Marking Market, by Product Type, 2022-2027 (USD Million)
8.2 Fixed
8.2.1 Widely Used for 3D Marking of Logos, 2D Matrix Codes, and Barcodes
8.3 Portable
8.3.1 Highly Used Attributed to Compact Size, Minimal Maintenance Cost, High Stabilization, and Less Power Consumption Features

9 Laser Marking Market, by Machine Type
9.1 Introduction
Figure 38 3D Laser Marking Segment to Record Higher CAGR During Forecast Period
Table 57 Laser Marking Market, by Machine Type, 2018-2021 (USD Million)
Table 58 Laser Marking Market, by Machine Type, 2022-2027 (USD Million)
9.2 2D Laser Marking
9.2.1 Used for Marking Flat Surfaces in Various Industries
9.3 3D Laser Marking
9.3.1 Used to Perform Etchings, Engravings, and Markings on Non-Flat Surfaces

10 Laser Marking Market, by Method
10.1 Introduction
Figure 39 Annealing Segment to Grow at Highest CAGR During Forecast Period
Table 59 Laser Marking Market, by Method, 2018-2021 (USD Million)
Table 60 Laser Marking Market, by Method, 2022-2027 (USD Million)
10.2 Annealing
10.2.1 Annealing Provides Permanent Marking on Machine Tools and Medical Equipment for Tracing and Identification of Tools
10.3 Ablation
10.3.1 Ablation is Well-Suited for Passivated, Oxidized, or Coated Metals
10.4 Engraving
10.4.1 Laser Engraving Can be Achieved on Different Materials
10.5 Others

11 Laser Marking Market, by Material
11.1 Introduction
Figure 40 Metal Segment to Hold Largest Share During Forecast Period
Table 61 Laser Marking Market, by Material Type, 2018-2021 (USD Million)
Table 62 Laser Marking Market, by Material Type, 2022-2027 (USD Million)
11.2 Metal
11.2.1 Growing Use of Fiber and Co2 Laser Marking Machines to Mark and Engrave Metals
11.3 Plastic
11.3.1 Rising Laser Marking on Plastic Materials
11.4 Glass, Paper, and Ceramics
11.4.1 Rising Adoption of Laser Engraving Machines to Mark Glass, Paper, and Ceramics
11.5 Others

12 Laser Marking Market, by Application
12.1 Introduction
Figure 41 Qr Codes Segment to Hold Largest Share of Laser Marking Market During Forecast Period
Table 63 Laser Marking Market, by Application, 2018-2021 (USD Million)
Table 64 Laser Marking Market, by Application, 2022-2027 (USD Million)
12.2 Barcodes
12.2.1 Rising Demand for Laser Marking Machines Attributed to Ability to Mark Permanent Alphanumeric Details on Objects
12.3 Logos
12.3.1 Growing Adoption of Laser Marking as Permanent Logo Marking Method for Several Materials
12.4 Date Codes
12.4.1 Increasing Use of High-Precision Lasers in the Healthcare Industry for Marking Date Codes on Medicines and Supplements
12.5 Part Numbers
12.5.1 Increasing Application of Laser Marking Systems to Mark Part Numbers in Machine Tools and Automotive Industries
12.6 Quick Response (Qr) Codes
12.6.1 Rising Adoption of Quick Response (Qr) Codes in Various Industries
12.7 Others

13 Laser Marking Market, by Industry
13.1 Introduction
Figure 42 Packaging Segment to Register Highest CAGR During Forecast Period
Table 65 Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 66 Laser Marking Market, by Industry, 2022-2027 (USD Million)
13.2 Machine Tools
13.2.1 Rising Demand for Laser Marking and Engraving Systems in Machine Tool Manufacturing
Table 67 Machine Tools: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 68 Machine Tools: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
Table 69 Machine Tools: Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 70 Machine Tools: Laser Marking Market, by Region, 2022-2027 (USD Million)
Table 71 Machine Tools: Asia-Pacific Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 72 Machine Tools: Asia-Pacific Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 73 Machine Tools: Europe Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 74 Machine Tools: Europe Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 75 Machine Tools: North America Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 76 Machine Tools: North America Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 77 Machine Tools: Row Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 78 Machine Tools: Row Laser Marking Market, by Region, 2022-2027 (USD Million)
13.3 Semiconductor & Electronics
13.3.1 Rising Global Investments in Semiconductor Fabrication Expansion
Table 79 Semiconductor & Electronics: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 80 Semiconductor & Electronics: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
Table 81 Semiconductor & Electronics: Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 82 Semiconductor & Electronics: Laser Marking Market, by Region, 2022-2027 (USD Million)
Table 83 Semiconductor & Electronics: Asia-Pacific Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 84 Semiconductor & Electronics: Asia-Pacific Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 85 Semiconductor & Electronics: Europe Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 86 Semiconductor & Electronics: Europe Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 87 Semiconductor & Electronics: North America Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 88 Semiconductor & Electronics: North America Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 89 Semiconductor & Electronics: Row Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 90 Semiconductor & Electronics: Row Laser Marking Market, by Region, 2022-2027 (USD Million)
13.4 Automotive
13.4.1 High Use of Laser Marking Systems to Mark Automobile Parts
Table 91 Automotive: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 92 Automotive: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
Table 93 Automotive: Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 94 Automotive: Laser Marking Market, by Region, 2022-2027 (USD Million)
Table 95 Automotive: Asia-Pacific Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 96 Automotive: Asia-Pacific Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 97 Automotive: Europe Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 98 Automotive: Europe Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 99 Automotive: North America Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 100 Automotive: North America Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 101 Automotive: Row Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 102 Automotive: Row Laser Marking Market, by Region, 2022-2027 (USD Million)
13.5 Healthcare
13.5.1 Rising Demand for High-Precision Lasers to Meet Stringent Identification and Traceability Guidelines
Table 103 Healthcare: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 104 Healthcare: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
Table 105 Healthcare: Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 106 Healthcare: Laser Marking Market, by Region, 2022-2027 (USD Million)
Table 107 Healthcare: Asia-Pacific Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 108 Healthcare: Asia-Pacific Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 109 Healthcare: Europe Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 110 Healthcare: Europe Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 111 Healthcare: North America Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 112 Healthcare: North America Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 113 Healthcare: Row Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 114 Healthcare: Row Laser Marking Market, by Region, 2022-2027 (USD Million)
13.6 Aerospace & Defense
13.6.1 Growing Demand for Laser Markers in Aerospace & Defense Industry Attributed to Ability to Work with Several Metals
Table 115 Aerospace & Defense: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 116 Aerospace & Defense: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
Table 117 Aerospace & Defense: Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 118 Aerospace & Defense: Laser Marking Market, by Region, 2022-2027 (USD Million)
Table 119 Aerospace & Defense: Asia-Pacific Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 120 Aerospace & Defense: Asia-Pacific Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 121 Aerospace & Defense: Europe Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 122 Aerospace & Defense: Europe Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 123 Aerospace & Defense: North America Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 124 Aerospace & Defense: North America Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 125 Aerospace & Defense: Row Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 126 Aerospace & Defense: Row Laser Marking Market, by Region, 2022-2027 (USD Million)
13.7 Packaging
13.7.1 High Use of Co2 Lasers in Packaging Vertical
Table 127 Packaging: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 128 Packaging: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
Table 129 Packaging: Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 130 Packaging: Laser Marking Market, by Region, 2022-2027 (USD Million)
Table 131 Packaging: Asia-Pacific Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 132 Packaging: Asia-Pacific Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 133 Packaging: Europe Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 134 Packaging: Europe Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 135 Packaging: North America Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 136 Packaging: North America Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 137 Packaging: Row Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 138 Packaging: Row Laser Marking Market, by Region, 2022-2027 (USD Million)
13.8 Others
13.8.1 Textile
13.8.1.1 Engraving of Natural and Synthetic Fabrics to Achieve Required Design
13.8.2 Architecture
13.8.2.1 Rising Marking and Engraving of Wood and Plywood
13.8.3 Gemology & Jewelry
13.8.3.1 Ability of Laser Marking Machines to Perform Customized Markings Quickly and Easily
Table 139 Others: Laser Marking Market, by Laser Type, 2018-2021 (USD Million)
Table 140 Others: Laser Marking Market, by Laser Type, 2022-2027 (USD Million)
Table 141 Others: Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 142 Others: Laser Marking Market, by Region, 2022-2027 (USD Million)
Table 143 Others: Asia-Pacific Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 144 Others: Asia-Pacific Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 145 Others: Europe Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 146 Others: Europe Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 147 Others: North America Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 148 Others: North America Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 149 Others: Row Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 150 Others: Row Laser Marking Market, by Region, 2022-2027 (USD Million)

14 Laser Marking Market, by Region
14.1 Introduction
Figure 43 Regional Snapshot: India Laser Marking Market to Grow at Highest CAGR During Forecast Period
Table 151 Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 152 Laser Marking Market, by Region, 2022-2027 (USD Million)
14.2 North America
Figure 44 North America: Snapshot of Laser Marking Market
Table 153 North America: Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 154 North America: Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 155 North America: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 156 North America: Laser Marking Market, by Industry, 2022-2027 (USD Million)
14.2.1 US
14.2.1.1 Increasing Demand for Warranty Traceability and Regulatory Requirements from Manufacturing Companies
14.2.2 Canada
14.2.2.1 Growing Label Engraving on Manufactured Products
14.2.3 Mexico
14.2.3.1 Expanding Automotive Industry
14.3 Europe
Figure 45 Europe: Snapshot of Laser Marking Market
Table 157 Europe: Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 158 Europe: Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 159 Europe: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 160 Europe: Laser Marking Market, by Industry, 2022-2027 (USD Million)
14.3.1 Germany
14.3.1.1 Growing Use of Laser Markers and Engravers in Foaming, Frothing, Annealing, and Other Micromachining Applications
14.3.2 France
14.3.2.1 Rising Government-Led Investments in Automotive and Semiconductor Industries
14.3.3 UK
14.3.3.1 Growing Aerospace Industry
14.3.4 Rest of Europe
14.4 Asia-Pacific
Figure 46 Asia-Pacific: Snapshot of Laser Marking Market
Table 161 Asia-Pacific: Laser Marking Market, by Country, 2018-2021 (USD Million)
Table 162 Asia-Pacific: Laser Marking Market, by Country, 2022-2027 (USD Million)
Table 163 Asia-Pacific: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 164 Asia-Pacific: Laser Marking Market, by Industry, 2022-2027 (USD Million)
14.4.1 China
14.4.1.1 Growing Adoption of Enhanced Manufacturing Techniques in Machine Tools Industry
14.4.2 Japan
14.4.2.1 Rapid Industrialization and Modernization
14.4.3 India
14.4.3.1 Government-Led Initiatives to Boost Domestic Manufacturing Sector
14.4.4 South Korea
14.4.4.1 High Investments in Semiconductor Industry
14.4.5 Rest of Asia-Pacific
14.5 Rest of the World (Row)
Table 165 RoW: Laser Marking Market, by Region, 2018-2021 (USD Million)
Table 166 RoW: Laser Marking Market, by Region, 2022-2027 (USD Million)
Table 167 RoW: Laser Marking Market, by Industry, 2018-2021 (USD Million)
Table 168 RoW: Laser Marking Market, by Industry, 2022-2027 (USD Million)
14.5.1 Middle East & Africa
14.5.1.1 Expansion of Automotive Vertical
14.5.2 South America
14.5.2.1 Rising Demand for Laser Marking Systems in Aerospace Industry

15 Competitive Landscape
15.1 Overview
15.2 Strategies Adopted by Key Players/Right to Win
Table 169 Overview of Strategies Adopted by Key Companies in Laser Marking Market
15.3 Five-Year Company Revenue Analysis
Figure 47 Five-Year Revenue Analysis of Top Players in Laser Marking Market
15.4 Market Share Analysis, 2021
Table 170 Laser Marking Market: Degree of Competition
15.5 Company Evaluation Quadrant
15.5.1 Stars
15.5.2 Emerging Leaders
15.5.3 Pervasive Players
15.5.4 Participants
Figure 48 Laser Marking Market (Global): Company Evaluation Quadrant, 2021
15.6 Startup/Sme Evaluation Quadrant, 2021
15.6.1 Progressive Companies
15.6.2 Responsive Companies
15.6.3 Dynamic Companies
15.6.4 Starting Blocks
Figure 49 Laser Marking Market: Startup/Sme Evaluation Quadrant, 2021
15.7 Laser Marking Market: Company Product Footprint
Table 171 Product Footprint of Companies
Table 172 Industry Footprint of Companies
Table 173 Product Type Footprint of Companies
Table 174 Regional Footprint of Companies
15.8 Laser Marking Market: Competitive Benchmarking
Table 175 Laser Marking Market: Detailed List of Key Startups/Smes
Table 176 Laser Marking Market: Competitive Benchmarking of Key Startups/Smes, by Industry
Table 177 Laser Marking Market: Competitive Benchmarking of Key Startups/Smes, by Product Type
Table 178 Laser Marking Market: Competitive Benchmarking of Key Startups/Smes, by Region
15.9 Competitive Scenario and Trends
Table 179 Laser Marking Market: Product Launches, January 2020-August 2022
Table 180 Laser Marking Market: Deals, January 2020-August 2022

16 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, Weakness/Competitive Threats)*
16.1 Key Players
16.1.1 Coherent, Inc.
Table 181 Coherent, Inc.: Company Overview
Figure 50 Coherent, Inc.: Company Snapshot
16.1.2 Trumpf
Table 182 Trumpf: Company Overview
Figure 51 Trumpf: Company Snapshot
16.1.3 Han's Laser Technology Co., Ltd.
Table 183 Han's Laser: Company Overview
Figure 52 Han's Laser: Company Snapshot
16.1.4 Ipg Photonics Corp.
Table 184 Ipg Photonics Corp.: Company Overview
Figure 53 Ipg Photonics Corp.: Company Snapshot
16.1.5 Danaher Corp.
Table 185 Danaher Corp.: Company Overview
Figure 54 Danaher Corp: Company Snapshot
16.1.6 Novanta Inc.
Table 186 Novanta Inc.: Company Overview
Figure 55 Novanta Inc.: Company Snapshot
16.1.7 Keyence Corp.
Table 187 Keyence Corp.: Company Overview
Figure 56 Keyence Corp.: Company Snapshot
16.1.8 Gravotech Marking
Table 188 Gravotech Marking: Company Overview
16.1.9 Jenoptik
Table 189 Jenoptik: Company Overview
Figure 57 Jenoptik: Company Snapshot
16.1.10 600 Group
Table 190 600 Group: Company Overview
Figure 58 600 Group: Company Snapshot
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, Weakness/Competitive Threats)* Might Not be Captured in Case of UnlistedCompanies.
16.2 Other Players
16.2.1 Datalogic S.P.A.
16.2.2 Panasonic Corp.
16.2.3 Huagong Tech Co., Ltd.
16.2.4 Omron Corp.
16.2.5 Trotec Laser GmbH
16.2.6 Epilog Laser
16.2.7 Mecco
16.2.8 Laserstar Technologies Corp.
16.2.9 Telesis Technologies, Inc.
16.2.10 Gcc World
16.2.11 Aci Laser
16.2.12 Radian Laser Systems
16.2.13 Lna Laser
16.2.14 Acsys Lasertechnik GmbH
16.2.15 Laserax
16.2.16 Heatsign
16.2.17 Rmi Laser
16.2.18 Lasea

17 Appendix
17.1 Discussion Guide
17.2 Knowledgestore: The Subscription Portal
17.3 Customization Options

Companies Mentioned

  • 600 Group
  • ACI Laser
  • Acsys Lasertechnik GmbH
  • Coherent, Inc.
  • Danaher Corp.
  • Datalogic S.P.A.
  • Epilog Laser
  • GCC World
  • Gravotech Marking
  • Han's Laser Technology Co., Ltd.
  • Heatsign
  • Huagong Tech Co., Ltd.
  • IPG Photonics Corp.
  • Jenoptik
  • Keyence Corp.
  • Lasea
  • Laserax
  • Laserstar Technologies Corp.
  • LNA Laser
  • Mecco
  • Novanta Inc.
  • Omron Corp.
  • Panasonic Corp.
  • Radian Laser Systems
  • RMI Laser
  • Telesis Technologies, Inc.
  • Trotec Laser GmbH
  • Trumpf

Methodology

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Table Information

Report AttributeDetails
No. of Pages254
PublishedSeptember 2022
Forecast Period2022 - 2027
Estimated Market Value ( USD ) in 2022 $ 2.9 Billion
Forecasted Market Value ( USD ) by 2027 $ 4.1 Billion
Compound Annual Growth Rate7.2%
Regions CoveredGlobal
No. of Companies Mentioned28

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