Global Laser Marking in Electronics Industry Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at CAGR of 5.50% during forecast period of 2020 to 2027.
Global Laser Marking in Electronics Industry Market
Global Laser Marking in Electronics Industry Market Drivers and Restrains:
Laser marking is a technique, which is used to mark label products by using a small spot diameter laser beam. They are generally referred for labeling brand name, best-before date, serial numbers, and others. Some of the common laser types are diode laser, solid-state laser, fiber laser, and CO2 laser. The growth of the laser marking market can be attributed to the rising adoption of laser marking across several verticals, supported by improved the performance of lasers markers over traditional material marking techniques. e.g., Recently, Coherent (US), under its AVIA laser series, launched green nanosecond lasers, which can deliver an average power of up to 65 W at 532 nm. These lasers can be used for marking, cutting, scribing, and drilling.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
The global laser marking in the electronics industry market is driven by increasing research & development by players in laser marking machines, demand for precise specifications on manufactured products, and growth in the electronics industry. However, high deployment cost and dearth of adoption of laser marking machines in various regions are projected to restraining the market growth at the global level. An increase in automation across the manufacturing sector and a rise in demand for custom marking and engraving are likely to create lucrative opportunities in the global laser marking in the electronics industry market. Regulatory compliance is the key challenge for the global laser marking in electronics industry market globally.
Global Laser Marking in Electronics Industry Market Segmentation Analysis:
Based on the laser type, the fiber laser segment has led the laser marking in electronics industry market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%. The fiber laser to provide various features such as high output power, flexible fiber light, compact size, and high optical quality, which are contributed to the growth of the market for fiber laser. Fiber laser are available in several power modes and is suitable for laser marking and engraving applications across electronics industry.
Global Laser Marking in Electronics Industry Market Regional Analysis:
Geographically, the laser marking in electronics industry market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the dominant market share of XX% in 2019, and is expected to maintain its dominance position over the forecast period owing the presence of well-established market player in the region. North America was accounted to US$ XX Mn in 2019 for laser marking in electronics industry market and is expected to reach US$ Mn end of 2027, with a CAGR of XX%. The market in Asia Pacific is likely to grow at a high CAGR of XX% during the forecast period thanks to the rising adoption of laser marking products and solutions compared to other regions. China, South Korea, Japan, and India are the major contributors to the growth of the market in Asia Pacific. Increasing R&D investments, the region’s huge population, and growing manufacturing and electronics sectors are expected to boosting the regional market growth.
A report cover the recent development in the market for the laser marking in electronics industry market e.g., In May 2018, Trumpf, is invested ~US$ XX.X Mn in its Chinese subsidiary, JFY, and its Chinese division, therefore TRUMPF in China is expected to expand its production capacity and capability.
The objective of the report is to present a comprehensive analysis of global Laser Marking in Electronics Industry market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding global Laser Marking in Electronics Industry market dynamics, structure by analyzing the market segments and project the global Laser Marking in Electronics Industry market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the global Laser Marking in Electronics Industry market make the report investor’s guide.
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Scope of the Global Laser Marking in Electronics Industry Market:
Global Laser Marking in Electronics Industry Market, by Laser Type:
• Fiber Laser
• Diode Laser
• Solid State Laser
• Yag laser
• Neodymium glass laser
• Thin disk laser
• CO2 Laser
Global Laser Marking in Electronics Industry Market, by Offering:
• Hardware
• Laser
• Controller
• Filter
• Rotary device
• Galvanometer
• Power supply
• Software
• Services
Global Laser Marking in Electronics Industry Market, by Region:
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa
Global Laser Marking in Electronics Industry Market, Major Players:
• Coherent, Inc.
• Han’s Laser
• Trumpf
• Gravotech Marking
• Epilog Laser
• 600 Group
• Mecco
• LaserStar Technologies Corporation
• Novanta
• JENOPTIK AG
• TYKMA Electrox, Inc
• IPG Photonics Corporation,
• Panasonic Electric Works Europe AG
• Laser marking systems
• Danaher
• Arihant Maxsell Technologies Private Limited Sintec Optronics Pte Ltd
• Videojet Technologies, Inc.
• Telesis Technologies, Inc.
• Trotec Laser GmbH
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