DUBLIN--(BUSINESS WIRE)--The "Global Laser Marking Machine Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.
The Global Laser Marking Machine market is expected to reach $4.09 billion by 2026 growing at a CAGR of 7.7% during the forecast period.
Rising demand for the print of everlasting alphanumerical code on the product, growth of the machine tool industry and increasing industrial-technological advancement are some of the factors fuelling the market growth. However, high initial investment and lack of adoption of this technology in underdeveloped regions restrict the market growth.
Laser marking is a laser technology where the laser beam is used for marking/engraving a work piece or other product. It has always been an important factor in industrial activities, especially in automobiles and machine tools as they provide permanent alphanumerical details on the product in terms of brand name, batch number and other details. This engraving helps in identification and security of the products. Laser marking machines are generally of three genres. Main components of these machines are the laser, controller, and a surface. Laser marking technique is normally applied on natural materials (like wood, walnut, etc.), plastics, metals, coated metals and stone/glasses.
Based on end user, Machine tools have considerable growth during the forecast period owing to booming industrial manufacturing & processing sector and high demand of mid to high-end machine tools from marine, automobile, aerospace, and other industries. These machines are also used predominantly in semiconductor & electronics industry for silicon wafers and Printed Circuit Boards (PCBs) marking. By Geography, The Asia Pacific is expected to grow at the significant market share during the forecast period owing to the growth of automobile, machine tool, aviation, electronics, manufacturing, and other end-user industries and rising demand of various marking tools.
Key Questions Answered in this Report:
- How this market evolved since the year 2016
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analyzed during the forecast period
Key Topics Covered:
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Laser Marking Machine Market, By Laser Type
5.2 Fiber laser
5.3 Yttrium Aluminum Garnet Laser
5.4 Ultra Violet Laser
5.5 Solid State Lasers Type
5.6 Green Laser
5.7 Yttrium Orthovanadate (YVO4)
5.8 CO2 Laser
6 Global Laser Marking Machine Market, By Product
6.5 Other Products
7 Global Laser Marking Machine Market, By End User
7.2 Precision Instruments
7.4 Oil & Gas
7.5 Mobile Communications
7.6 Military & Defense
7.8 Machine Tool
7.9 Integrated Circuit
7.10 Hardware Products
7.11 Food & Beverage
7.12 Electronics & Microelectronics
8 Global Laser Marking Machine Market, By Geography
8.2 North America
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Strategic Benchmarking
10 Vendors Landscape
10.1 Wuhan HGLaser Engineering Co., Ltd.
10.2 TYKMA Electrox, Inc.
10.3 Trotec Laser GmbH
10.4 Telesis Technologies, Inc.
10.5 Sintec Optronics Pte Ltd
10.6 ROFIN-SINAR Laser GmbH
10.7 RMI Laser
10.8 Laserite Ltd. (Lotus Laser Systems)
10.10 Jinan Style Machinery Co., Ltd.
10.11 Han's Laser Technology Industry Group Co., Ltd.
10.12 Gravotech Marking
10.13 Arihant Maxsell Technologies Private Limited
10.14 ALLTEC GmbH
10.15 Agile Machineries Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/iqwoac