Laser Marking Market Share, Growth Trends and Analysis 2022 - PowerPoint PPT Presentation

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Laser Marking Market Share, Growth Trends and Analysis 2022

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The global laser marking market is estimated to garner a revenue of USD 1115.0 Million by the end of 2030 by growing at a CAGR of 5.6% over the forecast period, i.e., 2021 – 2030. Moreover, the market registered a revenue of USD 651.3 Million in the year 2020. The growth of the market can be attributed to the growing demand for different manufacturing products and for the rising manufacturing industry around the globe. According to the statistics by the World Bank, the value added by the manufacturing industry (in current US$) increased from USD 9.333 Trillion in the year 2009 to USD 13.47 Trillion in the year 2020. With the advent in industrial machining technologies, the use of industrial laser systems for material processing has witnessed a significant growth in the recent years. – PowerPoint PPT presentation

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Title: Laser Marking Market Share, Growth Trends and Analysis 2022


1
Global Laser Marking Market to Grow on the Back
of Growing Demand for These Products Amongst the
Manufacturing Industries Market to Grow with a
CAGR of 5.6 During 2021- 2030 Kenneth
Research has released a report titled Laser
Marking Market Global Demand Analysis
Opportunity Outlook 2030 which also includes
some of the prominent market analyzing parameters
such as industry growth drivers, restraints,
supply and demand risk, along with the impact of
COVID-19 and a detailed discussion on the latest
trends and future opportunities that are
associated with the growth of the market. In
the year 2020, the value added by the
manufacturing industry (in current US) touched
USD 13.47 Trillion, up from USD 9.333 Trillion in
the year 2009, according to the statistics by
the World Bank. Get Sample Reports Here -
https//www.kennethresearch.com/sample-request-103
52282 The statistics portray the growing value
added by the manufacturing industry, backed by
its increasing production and trade. With the
increase in trade of manufactured goods, there
is a growing need amongst the manufacturers of
these goods to deploy laser marking systems to
track and trace their products. The tracked
goods can be either the different
2
components that are procured from the
sub-contractors or the final end products. Such
a factor is anticipated to drive the growth of
the market in the coming years. The global
laser marking market is anticipated to grow with
a CAGR of 5.6 over the forecast period, i.e.,
2021 2030. The market is estimated to garner a
revenue of USD 1115.0 Million by the end of 2030,
up from a revenue of USD 651.3 Million in the
year 2020. The market is segmented by laser type
into CO2 laser, diode laser, fiber laser, and
solid state laser. By the end of 2030, the fiber
laser segment, out of all the other segments, is
anticipated to garner the largest revenue of USD
672.0 Million by the end of 2030. Moreover, in
the year 2020, the segment registered a revenue
of USD 363.9 Million. By region, the global
laser marking market is segmented into five major
regions including North America, Europe, Asia
Pacific, Latin America and Middle East Africa,
out of which, the market in the Asia Pacific
region is anticipated to garner the largest
revenue of USD 494.3 Million by the end of 2030,
up from a revenue of USD 270.3 Million in the
year 2020. The research is global in nature and
covers detailed analysis on the market in North
America (U.S., Canada), Europe (U.K., Germany,
France, Italy, Spain, Hungary, Belgium,
Netherlands Luxembourg, NORDIC Finland,
Sweden, Norway, Denmark, Poland, Turkey, Russia,
Rest of Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific
3
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel, GCC Saudi Arabia, UAE, Bahrain,
Kuwait, Qatar, Oman, North Africa, South
Africa, Rest of Middle East and Africa). In
addition, analysis comprising market size, Y-O-Y
growth opportunity analysis, market players
competitive study, investment opportunities,
demand for future outlook etc. has also been
covered and displayed in the research
report. However, the high deployment and
maintenance cost is one of the major factors
predicted to hinder the market growth in the
coming years. This report also provides the
existing competitive scenario of some of the key
players of the global laser marking market, which
includes company profiling of Coherent, Inc.,
Hans Laser Technology Industry Group Co., Ltd.,
TRUMPF Group, KEYENCE CORPORATION, Gravotech,
Inc., JENOPTIK AG, Epilog Corporation, 600 Group
PLC, Mecco, LaserStar Technologies Corporation,
Telesis Technologies, Inc., IPG Photonics
Corporation, and others. The profiling enfolds
key information of the companies which comprises
of business overview, products and services, key
financials and recent news and developments.
Conclusively, the report titled Laser Marking
Market Global Demand Analysis Opportunity
Outlook 2030, analyses the overall global laser
marking industry to help new entrants to
understand the details of the market. In
addition to that, this report also guides existing
4
players looking for expansion and major investors
looking for investment in the global laser
marking market in the near future. Get Sample
Reports Here - https//www.kennethresearch.com/sa
mple-request-10352282 Kenneth Research is a
leading service provider for strategic market
research and consulting. We aim to provide
unbiased, unparalleled market insights and
industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment, etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision so as to
avoid future uncertainties.
Contact for more Info AJ Daniel Email
sales_at_kennethresearch.com U.S. Phone 1 313 462
0609
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