Sale

Laser Marking Machine Market

Global Laser Marking Machine Market Size, Share, Forecast: By Offerings: Services, Hardware, Software; By Laser Type: CO2 Laser, Fibre Laser, Green Laser, UV Laser, YAG Laser; By Application: Automotive, Aerospace, Machine Tool, Electronics and Microelectronics, Medical, Packaging, Others, Regional Analysis; Competitive Landscape; 2024-2032

Global Laser Marking Machine Market Outlook

The global laser marking machine market size reached approximately USD 3.34 billion in 2023. The market is projected to grow at a CAGR of 7.8% between 2024 and 2032, reaching a value of around USD 6.56 billion by 2032.

 

Key Trends in the Market

Laser marking is a technique used to mark or engrave an object's surface using a laser beam. It is a non-contact and non-destructive method that can create permanent markings with high precision and accuracy. The engraving process is usually done through laser marking machines, which are specially designed equipment for various applications of laser engraving on metals such as stainless steel, aluminium, silver, and gold, among others.

 

  • One of the primary drivers bolstering the laser marking machine market demand is the increasing requirement for product identification and traceability across various sectors. Laser marking offers superior legibility and durability, making it ideal for marking serial numbers, barcodes, logos, and other essential information on products. Sectors such as automotive, aerospace, electronics, and medical devices require reliable traceability for quality control, counterfeit prevention, and regulatory compliance, hence boosting the usage of laser marking machines.
  • Advancements in laser technology have played a crucial role in propelling the laser marking machine market growth. The development of high-powered and compact fibre lasers, diode-pumped lasers, and solid-state lasers has significantly enhanced the performance and capabilities of these machines. As laser technology continues to evolve, it is expected to further drive the adoption of laser marking machines across diverse sectors.
  • The global shift towards Industry 4.0 and automation acts as a significant laser marking machine market trend. Integration of laser marking machines with computer numerical control (CNC) systems and programmable logic controllers (PLCs) enables seamless automation of production lines. This facilitates real-time data exchange, remote monitoring, and centralised control, hence optimising productivity and efficiency.

 

Market Analysis

Based on offerings, the market is segmented into services, hardware, and software. On the basis of laser type, the market can be divided into CO2 laser, fibre laser, green laser, UV laser, and YAG laser. The laser marking machine market segmentation, based on application, includes automotive, aerospace, machine tool, electronics and microelectronics, medical, packaging, and military, among others. The major regional markets for laser marking machines are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global laser marking machine market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • Telesis Technologies, Inc
  • Han's Laser Technology Industry Group Co., Ltd
  • LaserStar Technologies Corporation
  • Videojet Technologies Inc
  • Trotec Laser GmbH
  • Tykma Electrox, Inc
  • Mecco
  • Gravotech Marking SAS
  • Coherent Corporation
  • Others

 

Market Share by Type

According to the laser marking machine market analysis, UV lasers and YAG lasers are anticipated to exhibit notable growth rates during the projected timeframe. The increasing use of these lasers in various applications, such as micromachining and lithography, is expected to propel the market growth.

 

Such lasers posit remarkable capability of conducting meticulous cutting and micro-processing of specific materials like glass, textiles, and ceramic liquid crystal screens, among others, hence favouring the overall laser marking machine market development.

 

In UV laser markings, the beam employed interacts with the surface of materials like textile and glass, thereby modifying their characteristics and visual aspects. As the beam selectively focuses on a particular region, it generates markings of superior quality, precision, and enhanced contrast.

 

Market Share by Application

During the forecast period, machine tools are expected to represent a significant portion of the laser marking machine market share. The segment's growth is primarily driven by the expanding capabilities of laser marking machines to create permanent alphanumeric information on machine tools. This includes details such as batch numbers, 1D and 2D barcodes, designs, manufacturing dates, brand names, manufacturer codes, and logos.

 

Competitive Landscape

Telesis Technologies, Inc is a United States-based company that excels in the design, development, and production of laser marking, engraving, and etching systems. Established in 1971, the company has gained a reputation for its cutting-edge laser technology solutions utilised in a wide range of sectors for permanent marking and traceability purposes.

 

LaserStar Technologies Corporation is a prominent figure in the machinery manufacturing sector. The company was founded in 1957 and its headquarter is located in Florida, United States. Since its establishment, the company has grown to be a leading supplier of laser tools for various applications such as welding, engraving, and motion systems, among others.

 

Videojet Technologies Inc, headquartered in Illinois, United States, is a renowned global enterprise that specialises in delivering industrial coding and marking solutions. Since its establishment in 1969, Videojet has emerged as a key player in this field. As a subsidiary of the multinational conglomerate, Danaher Corporation, Videojet operates on a global scale.

 

Other laser marking machine market players include Han's Laser Technology Industry Group Co., Ltd, Trotec Laser GmbH, Tykma Electrox, Inc, Mecco, Gravotech Marking SAS, and Coherent Corporation, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Offerings
  • Laser Type
  • Application
  • Region
Breakup by Offerings
  • Services
  • Hardware
  • Software
Breakup by Laser Type
  • CO2 Laser
  • Fibre Laser
  • Green Laser
  • UV Laser
  • YAG Laser
Breakup by Application
  • Automotive
  • Aerospace
  • Machine Tool
  • Electronics and Microelectronics
  • Medical
  • Packaging
  • Military
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Telesis Technologies, Inc
  • Han's Laser Technology Industry Group Co., Ltd
  • LaserStar Technologies Corporation
  • Videojet Technologies Inc
  • Trotec Laser GmbH
  • Tykma Electrox, Inc
  • Mecco
  • Gravotech Marking SAS
  • Coherent Corporation
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface    
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Laser Marking Machine Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Laser Marking Machine Historical Market (2018-2023) 
    8.3    Global Laser Marking Machine Market Forecast (2024-2032)
    8.4    Global Laser Marking Machine Market by Offerings
        8.4.1    Services
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Hardware
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Software
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Laser Marking Machine Market by Laser Type
        8.5.1    CO2 Laser
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Fibre Laser
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Green Laser
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    UV Laser
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    YAG Laser
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
    8.6    Global Laser Marking Machine Market by Application
        8.6.1    Automotive
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Aerospace
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Machine Tool
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Electronics and Microelectronics
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Medical
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Packaging
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Military
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
        8.6.8    Others  
    8.7    Global Laser Marking Machine Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Laser Marking Machine Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Laser Marking Machine Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Laser Marking Machine Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Laser Marking Machine Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Laser Marking Machine Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis  
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price  
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Telesis Technologies, Inc
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Han's Laser Technology Industry Group Co., Ltd
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    LaserStar Technologies Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Videojet Technologies Inc
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Trotec Laser GmbH
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Tykma Electrox, Inc
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Mecco
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Gravotech Marking SAS
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Coherent Corporation
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Others  
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Laser Marking Machine Market: Key Industry Highlights, 2018 and 2032 
2.    Global Laser Marking Machine Historical Market: Breakup by Offerings (USD Billion), 2018-2023
3.    Global Laser Marking Machine Market Forecast: Breakup by Offerings (USD Billion), 2024-2032
4.    Global Laser Marking Machine Historical Market: Breakup by Laser Type (USD Billion), 2018-2023
5.    Global Laser Marking Machine Market Forecast: Breakup by Laser Type (USD Billion), 2024-2032
6.    Global Laser Marking Machine Historical Market: Breakup by Application (USD Billion), 2018-2023
7.    Global Laser Marking Machine Market Forecast: Breakup by Application (USD Billion), 2024-2032
8.    Global Laser Marking Machine Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Laser Marking Machine Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Laser Marking Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Laser Marking Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Laser Marking Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Laser Marking Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Laser Marking Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Laser Marking Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Laser Marking Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Laser Marking Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Laser Marking Machine Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Laser Marking Machine Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Laser Marking Machine Market Structure

Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 3.34 billion.

The market is projected to grow at a CAGR of 7.8% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 6.56 billion by 2032.

The market is being driven by the increasing demand for product identification and growing applications of laser marking machines in various industrial sectors.

The major trends in the market include the paradigm shift towards Industry 4.0 and rapid advancements in laser technology.

The major regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The different applications of the product include automotive, aerospace, machine tool, electronics and microelectronics, medical, packaging, and military, among others.

The key players in the market are Telesis Technologies, Inc, Han's Laser Technology Industry Group Co., Ltd, LaserStar Technologies Corporation, Videojet Technologies Inc, Trotec Laser GmbH, Tykma Electrox, Inc, Mecco, Gravotech Marking SAS, and Coherent Corporation, among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER