REPORT HIGHLIGHT

The laser marking machine market was valued at USD 2.26 billion by 2017, growing with 5.4% CAGR during the forecast period, 2018-2025

Market Dynamics

Laser marking is employed for labeling and marking work pieces or materials. Various procedures are used in marking such as engraving, staining, removing, annealing and foaming. Each procedure has its own pros and cons depending on the quality required and the material used. These devices are utilized by many industries for marking serial number, component labeling, bar-codes, date codes and individual part numbers. The industry is anticipated to touch notable revenue till 2025 owing to the emergence of advanced technologies coupled with its acceptance by automobile and aerospace industries for precise marking. This technology is always preferred in these fields as it is used to emboss permanent alphanumeric details on products like brand name, batch number etc.

This market is also expected to grow because of the absence of alternative technologies for laser marking machines. New arena of applications like personalized gifts is anticipated to stimulate the demand for such technologies during the study period. Moreover, growing demand of leather products and customized jewelry will propel the industry in near future. However high initial investment and lack of adoption of this technology in underdeveloped regions are major restraint for this market.

Product Takeaway

On the basis of products, the market is categorized as UV, Fiber, CO2, Green and YAG laser. Fiber laser is achieving popularity in various industries like automotive, medical, aerospace, machine tools, packaging, electronics and military. This market is expected to accelerate at the fastest rate owing to its flexibility and hassle-free integration in production lines. It is anticipated to remain ahead in the market in the coming years with a share of over 40%.

On the other side, CO2 laser is projected to gain significant share till 2025. And this is because of its compatibility for various wavelengths and utility in drilling, cutting, perforating and welding.

Application Takeaway

On the basis of application, the industry is divided into aerospace, automotive, electronics & microelectronics, machine tool, medical, packaging, military and others. Machine tool segment has taken the largest share of laser marking equipment market. It has the fastest growing market with a revenue share of 30%. With the increase in demand of mid and high end machines tools in industries like marine, aerospace, automobile, the market will witness a spurring growth in terms of revenue during the forecast period.

These machines are also used predominantly in semiconductor & electronics industry for silicon wafers and Printed Circuit Boards (PCBs) marking. It is anticipated to witness substantial growth because of its wide application in all major industries and government regulations for permanent marks for trace-ability.

Regional Takeaway

North America and Europe regions are witnessing excellent growth. Favorable government regulations on embossing medical equipment and surgical devices support the significant growth in these regions. On the flip side, Asia-Pacific region captured over 38% revenue share in 2017 and is likely to dominate the market in near future. Also with the involvement of big companies in Asia-Pacific region because of economical work force, the market is expected to grow exponentially in this region.

Key Vendor Takeaway

The major players involved in this industry are Han’s Laser, Gravotech Marking, Epilog Laser. Along with core machinery, these companies are involved in software solutions for using marking machines. Companies are focusing on innovations for remaining ahead in this competitive industry. For instance, Videojet has come up with Videojet 3340 Pharma Line (30-Watt) CO2 laser marking system. The company aimed to offer powerful combination of flexibility and performance by delivering high quality laser marks on moderate to high speed lines. Additionally, Gravotech Marking introduced cutting and engraving solution LS1oooXP. It comprises of various functions for minimizing production time and boosting up usability.

The market size and forecast for each segment and sub-segments has been considered as below:

• Historical Year – 2014 & 2016
• Base Year – 2017
• Estimated Year – 2018
• Projected Year – 2025

TARGET AUDIENCE

• Traders, Distributors, and Suppliers
• Manufacturers
• Government Agencies 
• Regional Agencies
• Research Organizations
• Consultants
• Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

• UV Laser
• Fiber Laser
• CO2 Laser
• Green Laser
• YAG Laser

MARKET, BY APPLICATION

• Aerospace
• Automotive
• Electronics & Microelectronics
• Machine Tool
• Medical
• Packaging
• Military
• Others

MARKET, BY REGION

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Rest of Europe
• Asia Pacific
  • India
  • China
  • Rest of Asia Pacific
• Rest of the World
  • Middle East and Africa
  • Latin America

  • TABLE OF CONTENT

    1. LASER MARKING MACHINE MARKET OVERVIEW
    1.1. Study Scope
    1.2. Assumption and Methodology 
    2. EXECUTIVE SUMMARY
    2.1. Key Market Facts
    2.2. Geographical Scenario
    2.3. Companies in the Market
    3. LASER MARKING MACHINE KEY MARKET TRENDS
    3.1. Market Drivers 
    3.1.1. Impact Analysis of Market Drivers
    3.2. Market Restraints
    3.2.1. Impact Analysis of Market Restraints
    3.3. Market Opportunities
    3.4. Market Future Trends
    4. LASER MARKING MACHINE INDUSTRY STUDY
    4.1. Porter’s Analysis
    4.2. Market Attractiveness Analysis
    4.3. Regulatory Framework Analysis
    5. LASER MARKING MACHINE MARKET LANDSCAPE 
    5.1. Market Share Analysis
    6. LASER MARKING MACHINE MARKET – BY PRODUCT
    6.1. Overview
    6.2. UV Laser
    6.2.1. Overview
    6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    6.3. Fiber Laser
    6.3.1. Overview
    6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    6.4. CO2 Laser
    6.4.1. Overview
    6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    6.5. Green Laser
    6.5.1. Overview
    6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    6.6. YAG Laser
    6.6.1. Overview
    6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    7. LASER MARKING MACHINE MARKET – BY APPLICATION
    7.1. Overview
    7.2. Aerospace
    7.2.1. Overview
    7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    7.3. Automotive
    7.3.1. Overview
    7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    7.4. Electronics & Microelectronics
    7.4.1. Overview
    7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    7.5. Machine Tool
    7.5.1. Overview
    7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    7.6. Medical
    7.6.1. Overview
    7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    7.7. Packaging
    7.7.1. Overview
    7.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    7.8. Military
    7.8.1. Overview
    7.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    7.9. Others
    7.9.1. Overview
    7.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8. LASER MARKING MACHINE MARKET– BY GEOGRAPHY
    8.1. Introduction
    8.2. North America
    8.2.1. Overview
    8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.2.3. U.S.
    8.2.3.1. Overview
    8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.2.4. Canada
    8.2.4.1. Overview
    8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.3. Europe
    8.3.1. Overview
    8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.3.3. France
    8.3.3.1. Overview
    8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.3.4. Germany
    8.3.4.1. Overview
    8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.3.5. Rest of Europe
    8.3.5.1. Overview
    8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.4. Asia Pacific (APAC)
    8.4.1. Overview
    8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.4.3. China
    8.4.3.1. Overview
    8.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.4.4. India
    8.4.4.1. Overview
    8.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.4.5. Rest of APAC
    8.4.5.1. Overview
    8.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.5. Rest of the World
    8.5.1. Overview
    8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.5.3. Latin America
    8.5.3.1. Overview
    8.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    8.5.4. Middle East and Africa
    8.5.4.1. Overview
    8.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    9. KEY VENDOR ANALYSIS
    9.1. Han’s Laser
    9.1.1. Company Overview
    9.1.2. SWOT Analysis
    9.1.3. Key Developments
    9.2. Gravotech Marking
    9.2.1. Company Overview
    9.2.2. SWOT Analysis
    9.2.3. Key Developments
    9.3. Epilog Laser
    9.3.1. Company Overview
    9.3.2. SWOT Analysis
    9.3.3. Key Developments
    9.4. Telesis Technologies
    9.4.1. Company Overview
    9.4.2. SWOT Analysis
    9.4.3. Key Developments
    9.5. Videojet Technologies 
    9.5.1. Company Overview
    9.5.2. SWOT Analysis
    9.5.3. Key Developments
    *Client can request additional company profiling as per specific requirements
    10. 360 DEGREE ANALYSTVIEW
    11. APPENDIX
    11.1. Research Methodology
    11.2. Abbreviations
    11.3. Disclaimer
    11.4. Contact Us

    List of Tables
    Table 1 List of Acronyms
    Table 2 Key Market Facts, 2014 – 2025
    Table 3 Market Drivers: Impact Analysis
    Table 4 Market Restraint: Impact Analysis 
    Table 5 Market Opportunity: Impact Analysis 
    Table 6 PEST Analysis
    Table 7 Porter’s Five Forces Analysis
    Table 8 Company Market Share Analysis
    Table 9 Global Laser Marking Machine Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Billion)
    Table 10 Laser Marking Machine Market, by Product, 2014 – 2025 (USD Billion)
    Table 11 Laser Marking Machine Market, by Application, 2014 – 2025 (USD Billion)
    Table 12 Laser Marking Machine Market, by Geography, 2014 – 2025 (USD Billion)
    Table 13 North America Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 14 U.S. Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 15 Canada Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 16 Europe Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 17 France Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 18 Germany Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 19 Asia Pacific Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 20 China Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 21 India Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 22 Latin America Laser Marking Machine Market, 2014 – 2025 (USD Billion)
    Table 23 MEA Laser Marking Machine Market, 2014 – 2025 (USD Billion)

    List of Figures
    Figure 1 Research Methodology
    Figure 2 Research Process Flow Chart
    Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
    Figure 4 Regulatory Framework Analysis
    Figure 5 Laser Marking Machine Market, by Product, 2014 – 2025 (USD Billion)
    Figure 6 Laser Marking Machine Market, by Application, 2014 – 2025 (USD Billion)
    Figure 7 Laser Marking Machine Market, by Geography, 2014 – 2025 (USD Billion)

    SCOPE AND OBJECTIVES
    The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends. 
    The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments.

    KEY BENEFITS OF THE REPORT
    – The report presents macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
    – Thorough analysis of relevant statistical data to estimate the market paradigms
    – Exceptional understanding of region and country specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts, and growth specific to the countries.
    – Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

    RESEARCH METHODOLOGY

    Research methodology is developed on a combination of specialist industry analyst knowledge and in-country research experience. We employ data interrogation methodologies to generate new and meaningful analyses and insights. The research study includes extensive use of secondary sources, paid databases (such as Bloomberg, Dun & Bradstreet, and BusinessWeek) and directories, to identify and collect information, useful to understand technical, commercial and market-oriented aspects. Market data and information are also collected (but not limited to) from the secondary sources such as:

    • Official company’s website, financial and annual reporting
    • Government statistical data
    • Online publishing articles
    • Industry player’s investor presentations
    • Economic news articles
    • National and international trade associations
    • The financial, business, and mainstream press
    • Industry study groups and semiofficial sources
    • Informative channels related to the market topics

    * Gathering data through secondary sources is only the first step. The ability to cross-refer market data through available secondary            information often conflicting across multiple sources is a key aspect of the added value we provide

    In order to verify and validate secondary market data, we engage with the Key Opinion Leaders (KoL’s), operating in the respective markets, through phone calls, emails, and web-based survey responses. This platform help us validate our data in terms of accuracy and gain insight into the current market and future expectations. Furthermore, the obtained information guide us to understand several facets of the market with respect to manufacturers and buyers’ perspectives.

    In addition, to assign weights to all the relevant market dynamics and parameters and quantify their market impact for generating projected market growth rate, we used advanced machine learning algorithms in order to collate essential market data. The machine learning method utilizes algorithms such as regression, correlation, and decision tree, among others, to derive the desired output. This tool help us in deriving highly detailed forecasts, profound knowledge of product demand, and others.

    These collected data points are carefully filtered, analyzed, compared, and presented in an easy way to develop accurate research study. Furthermore, all collected data is subjected to undergo exhaustive review process at country level, regional level, and global level.

    Market Forecast :

    Market forecast is primarily based on the year-on-year (YOY) growth rate. Data projection and future performance of each segment is analyzed based on the key aspects extracted from primary and secondary research results. Thus, data projection exhibits the assumption on how the market performs under microeconomic and macroeconomic parameters. Our market forecasting technique represents strategic conclusions which can play a crucial role for our client’s in making strategic marketing plans.

    For forecasting, the following parameters were considered:

    • Market drivers and restraints along with their current and expected impacts
    • Technological scenario and expected developments
    • Trends in the consumer behaviors
    • End-user industry trends

    We have assigned weights to above-mentioned parameters and quantified their market impacts using the weighted average analysis, to derive an expected market growth rate.

    Market Analysis

    Another integral part of our research study is that market data is accompanied by clear written analysis. We include detailed information on market segments in terms of market drivers, market restraints, and market opportunities. These offer insights on different channel dynamics, brand preference, incidence/prevalence data, consumption trend, and technology up-gradations.

    We also include supporting data from relevant awareness campaigns, new introductions, regulatory norms, government initiatives, and an industry player’s expansion in specific product segments. From research perspective, this information explains and substantiates estimated data finding and forecast.