Laser Marking Equipment Market size to grow by USD 1,226.21 million from 2022 to 2027. The growing coding and marking applications in the packaging industry to boost the market growth

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01 Jun, 2023, 23:15 ET

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NEW YORK, June 1, 2023 /PRNewswire/ -- The global laser marking equipment market size is estimated to increase by USD 1,226.21 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 7.29% during the forecast period. The growing coding and marking applications in the packaging industry is the key factor driving the global laser marking equipment market growth. The growth can be attributed to the rapidly growing healthcare and food and beverage industries in developing countries such as China and India. Furthermore, various codes and software have been developed to create a unique mark for each product to facilitate tracking during transit. Furthermore, the demand for coding and marking continues to grow due to increased demand from the pharmaceutical industry. Hence, such factors drive the market growth during the forecast period. Discover some insights on market size, historic period (2017 to 2021) and Forecast 2023-2027 before buying the full report -Request a sample report

Laser marking equipment market – Vendor AnalysisVendor Landscape - The global laser marking equipment market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer laser marking equipment in the market are Alpha Laser US Inc., AMADA Co. Ltd., EMAG GmbH and Co. KG, Emerson Electric Co., Epilog Corp., FANUC Corp., II VI Inc., IPG Photonics Corp., Jenoptik AG, Jinan Xintian Technology Co. Ltd, Laser Marking Technologies LLC, Laserline GmbH, Laserstar Technologies Corp., Morn Laser, Perfect Laser Co. Ltd., Precitec GmbH and Co. KG, Shenzhen HeroLaser Equipment Co. Ltd., Trotec Laser GmbH, TRUMPF SE Co. KG, and Videojet Technologies and others.

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Laser Marking Equipment Market - Segmentation AssessmentSegment OverviewTechnavio has segmented the market based on product (fiber laser machines, CO2 laser marking equipment, and others), application (machine tool, electronics and microelectronics, automotive, medical, and aerospace, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

Geography OverviewBy geography, the global laser marking equipment market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global laser marking equipment market.

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Laser Marking Equipment Market – Market Dynamics

Key Trends -

Major challenges -

Drivers, Trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

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Laser Marking Equipment Market Scope

Report Coverage

Details

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.29%

Market growth 2023-2027

USD 1,226.21 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.83

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 48%

Key countries

US, China, Japan, Germany, and UK, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alpha Laser US Inc., AMADA Co. Ltd., EMAG GmbH and Co. KG, Emerson Electric Co., Epilog Corp., FANUC Corp., II VI Inc., IPG Photonics Corp., Jenoptik AG, Jinan Xintian Technology Co. Ltd, Laser Marking Technologies LLC, Laserline GmbH, Laserstar Technologies Corp., Morn Laser, Perfect Laser Co. Ltd., Precitec GmbH and Co. KG, Shenzhen HeroLaser Equipment Co. Ltd., Trotec Laser GmbH, TRUMPF SE Co. KG, and Videojet Technologies

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis 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.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Application

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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