Laser Marking Equipment Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43054
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The laser marking equipment market has the potential to grow by USD 535.39 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.93%.

This laser marking equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (fiber laser machines, CO2 laser marking equipment, and others) and geography (APAC, Europe, North America, MEA, and South America). The laser marking equipment market report also offers information on several market vendors, including Amonics Ltd., Coherent Inc., FANUC Corp., IPG Photonics Corp., Jenoptik AG, MKS Instruments Inc., NKT AS, OMRON Corp., TRUMPF GmbH + Co. KG, and TYKMA Electrox Inc. among others.

What will the Laser Marking Equipment Market Size be in 2021?

Laser-Marking-Equipment-Market-Market-Size-2020-2025

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Laser Marking Equipment Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The rise in automation is notably driving the laser marking equipment market growth, although factors such as lack of skilled operators may impede the market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the laser marking equipment industry get your FREE report sample now.

  • The rise in automation will drive the laser marking equipment market growth.
  • Companies are shifting to automation to meet the desired high standards for quality, which is one of the results of globalization and increasing population.
  • Many companies implement process automation to enhance their productivity and increase profit margins.
  • Automation enables the careful control and manipulation of manufacturing processes to maintain the quality of the products.
  • Automation is especially invaluable in manufacturing scenarios that involve the production of components or parts in high volumes. 
  • The growing coding and marking applications in the packaging industry will fuel the growth of the laser marking equipment market size.
  • The rapidly growing healthcare and food and beverage industries in developing economies such as China and India are generating significant demand for coding and marking.
  • Different codes and software are designed to create a unique mark for every product, which makes it easy to track them during transportation.
  • The demand for coding and marking is further on the rise due to increasing demand from the pharmaceutical industry.

This laser marking equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Laser Marking Equipment Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Amonics Ltd.
  • Coherent Inc.
  • FANUC Corp.
  • IPG Photonics Corp.
  • Jenoptik AG
  • MKS Instruments Inc.
  • NKT AS
  • OMRON Corp.
  • TRUMPF GmbH + Co. KG
  • TYKMA Electrox Inc.

 

The laser marking equipment market is fragmented and the vendors are deploying growth strategies such as M&A activity and expansion strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the laser marking equipment market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Laser Marking Equipment Market?

Laser-Marking-Equipment-Market-Market-Share-by-Region-2020-2025

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47% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for laser marking equipment in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The adoption of enhanced manufacturing techniques in the machine tools industry will facilitate the laser marking equipment market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Laser Marking Equipment Market?

Laser-Marking-Equipment-Market-Market-Share-by-Product-2020-2025

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The laser marking equipment market share growth by the fiber laser machines segment will be significant during the forecast period. Fiber laser marking machines provide superior performance over solid-state laser machines, which suffer from many disadvantages such as excessive noise that can affect the stability and sensitivity of the external environment. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the laser marking equipment market size.

 

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What are the Key Factors Covered in this Laser Marking Equipment Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive laser marking equipment market growth during the next five years
  • Precise estimation of the laser marking equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the laser marking equipment industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of laser marking equipment market vendors

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Laser Marking Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

$ 535.39 million

Market structure

Fragmented

YoY growth (%)

4.38

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 47%

Key consumer countries

China, US, India, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amonics Ltd., Coherent Inc., FANUC Corp., IPG Photonics Corp., Jenoptik AG, MKS Instruments Inc., NKT AS, OMRON Corp., TRUMPF GmbH + Co. KG, and TYKMA Electrox Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The laser marking equipment market growth will increase by $795.04 million during 2019-2024.
The laser marking equipment market is expected to grow at a CAGR of 6.27% during 2019-2024.
Technavio has segmented the laser marking equipment market by product (Fiber laser marking equipment, CO2 laser marking equipment, and Others) ,distribution channel (Offline distribution channel and Online distribution channel) , and geographic (APAC, Europe, North America, and South America).
ABB Ltd., Amonics Ltd., Coherent Inc., FANUC Corp., IPG Photonics Corp., Jenoptik AG, MKS Instruments Inc., NKT Photonics AS, OMRON Corp., TRUMPF GmbH + Co. KG are a few of the key vendors in the laser marking equipment market.
APAC will register the highest growth rate of 48.04% among the other regions. Therefore, the laser marking equipment market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the laser marking equipment market growth are:
  • Rise in automation
  • Improving telecommunication network
The laser marking equipment market vendors should focus on grabbing business opportunities from the fiber laser marking equipment segment as it accounted for the largest market share in the base year.
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