Laser Marking Machine Market Report 2025

The laser marking machine market size has grown strongly in recent years. It will grow from $3.03 billion in 2024 to $3.27 billion in 2025 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to the increasing adoption of laser marking across end-users, the use of lasers in additive manufacturing, higher penetration of electronic devices, rising automation in industries, and rising adoption of laser technology.

The laser marking machine market size is expected to see strong growth in the next few years. It will grow to $4.48 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to growing demand for material processing and increased investment in R&D is expected to drive the laser marking machine market. Major trends in the forecast period include a focus on developing innovative laser marking goods, focus on merger and acquisition activity, focus on deploying artificial intelligence (AI) and machine learning (ml) applications, focus on investing in technological advancement focus on collaborations and partnerships.

The rising demand for material processing across various sectors, including industrial machinery, automotive, aerospace, and construction, is driving growth in the market for industrial laser marking machines. The increasing use of laser systems for material processing is expected to boost the need for industrial laser sources, offering benefits such as enhanced productivity, flexibility, and efficiency. For example, in April 2023, the Department for Business and Trade from GOV.UK reported that imports of construction materials increased by 27.8% in 2022 compared to 2021, rising from $24.15 billion (£18,621 million) in 2021 to $30.87 billion (£23,798 million) in 2022. As a result, the growing demand for material processing is propelling the market for laser marking machines during the forecast period.

The rising investments from various governments and funding secured by major players are expected to further drive the laser marking machines market, particularly during the pandemic. For instance, in March 2022, the Canadian government invested $90 million in the National Research Council of Canada’s Canadian Photonics Fabrication Centre (CPFC) to enhance its capacity and capability for manufacturing laser machines used in the semiconductor industry. This increased focus on research and development is likely to boost demand for laser marking machines, contributing to market growth in the future.

Major companies in the laser marking machine market are increasingly focusing on developing innovative products, such as green marking lasers, which enhance accuracy and can be used on various materials, including metals and plastics. Green marking lasers emit green light and are particularly effective for high-contrast marking and engraving due to their visibility and precision. For example, in July 2024, FOBA Laser Marking + Engraving, a Germany-based machinery manufacturer, launched the V-Series marking lasers. These compact UV and green laser markers are designed for precise and sustainable marking of plastics and other materials. With improved performance and minimal consumables, they provide a cost-effective alternative to traditional marking technologies, making them suitable for a wide range of industrial applications.

Increased collaboration between laser marking machine manufacturing companies, industrial manufacturing firms, and technology companies is contributing to the heightened production of application-specific electronic components for various devices. A notable example is the collaboration between TRUMPF, a leading German industrial machine manufacturing company, and the Fraunhofer Institute for Laser Technology ILT, initiated in January 2022. This strategic partnership aims to advance research in laser material deposition, expediting the technology's introduction to the market. Customers are poised to benefit from the collaboration's extensive experience in application-specific processes and the unique amalgamation of top-tier laser system technology. The Fraunhofer Institute for Laser Technology ILT, known for its cutting-edge laser beam sources and premium optical components, reinforces the collaborative effort.

In July 2022, II-VI Incorporated, a U.S.-based semiconductor manufacturing company, acquired Coherent Inc. for an undisclosed amount. This acquisition aims to create a global leader in materials, networking, and lasers by combining II-VI's expertise in engineered materials with Coherent's advanced laser technologies. The strategic merger is intended to enhance innovation and broaden market opportunities across key sectors, including industrial, communications, electronics, and instrumentation. Coherent Inc. specializes in providing laser marking machines and is also based in the U.S.

Major companies operating in the laser marking machine market include Han's Laser Technology Industry Group Co. Ltd, TRUMPF Group, IPG Photonics Corporation, Keyence Corporation, Coherent Inc, Videojet Technologies Inc, Trotec Laser GmbH, Universal Laser Systems Inc, Epilog Laser, Novanta Inc, EtchON, Light Mechanics, Future Bit, Connect Automation, Proarc, Jinan Lingxiu Laser Equipment Co. Ltd, Chutian Laser, Lead Laser, Bystronic DNE, HSG Laser, Bodor Laser, Hymson, ROFIN-SINAR Laser GmbH, ES Precision, Solaris Laser S.A, Aramis Laser Systems, Eagle Lasers, Laser Systems S.R.L, LVD Group, Laser Processing, Histeresis, Radan, Laser Tech, Medicom, Gravotech Marking, TYKMA Electrox, LaserStar Technologies Corporation, Welle Laser, Amada Miyachi America, El.En. S.p.A, Apex International, Sisma, Civan Lasers, Neo Laser, Spectra Physics, Laseral, Amplitude, Quanta System, Lantek, Deka, Dar Elhamd, Maxlazer, SLTL, MER Systems, SA Argus, Applied Laser Power.

Asia-Pacific was the largest region in the laser marking machine market in 2024. The regions covered in the laser marking machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the laser marking machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Laser marking is a permanent process that utilizes a concentrated beam of light to create a lasting mark on a surface. It involves the use of a fiber, pulsed, continuous wave, green, or UV laser system and covers a wide range of applications. Laser marking is known for its permanence, and it requires no consumables, making it a low-maintenance option compared to other non-permanent marking procedures such as printing or labeling.

The main types of laser marking machines include CO2 laser, Fiber laser, Green laser, UV laser, YAG laser, and others. CO2 laser marking machines are typically used for working with non-metallic materials and most plastics. The offerings in the laser marking market include hardware, software, and services, catering to various applications in machine tools, electronics and microelectronics, automotive, medical, aerospace, packaging, military, and other industries.

The laser marking research report is one of a series of new reports that provides laser marking statistics, including laser marking industry global market size, regional shares, competitors with laser marking share, detailed laser marking segments, market trends and opportunities, and any further data you may need to thrive in the laser marking industry. This laser marking research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The laser marking market consists of sales of pulsed machines, continuous wave machines, underbonnet parts, structural components, body panels, headlamps, and bumpers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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