Press release
A Deep Dive into the 6.8% Projected Growth of the Laser Marking Market from 2021 to 2028
Laser Marking Market
The laser marking market report strategically profiles key market players, thoroughly assessing their core strengths and delineating their strategies, encompassing new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. These insights empower businesses to enhance their strategies for marketing goods and services effectively. Understanding today's trends is crucial for predicting tomorrow's outcomes, and this laser marking market report serves as a compass, allowing focus on critical aspects of the semiconductors and electronics industry for a clearer vision of the future.
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Key Growth Drivers:
The increase in automation in the manufacturing sector, across the globe acts as one of the major factors driving the growth of laser marking market. The use of marking machines across various industries, such as electronics & semiconductor, aerospace, packaging and construction, automotive, medical, machine tools, for engraving on materials and premium-quality custom marking, and rise in preference of laser markings as they are more durable and convenient to read and scan accelerate the market growth. The enhanced performance of laser markers over traditional material marking techniques, and growing need for unique device identification and deep engraving during the manufacturing process for the objective of traceability, production flow control, and inventory control further influence the market. Additionally, rise in awareness, price volatility, urbanization and digitization and continuous exposure to heat and harsh chemicals positively affect the global laser marking market. Furthermore, increase in automation across the manufacturing sector extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
The report emphasizes the participation of key entities, notably:
IPG Photonics Corporation, ACSYS Lasertechnik GmbH, Panasonic Electric Works Europe AG, Danaher., MAXSELL CURRENCY MACHINES, Videojet Technologies, Inc., LNA Laser Technology, A Tyden Group Company, Trotec Laser GmbH, Rofin-Sinar Laser GmbH, FOBA, Wuhan HGLaser Engineering Co,.Ltd, Lasea, TYKMA Electrox, Inc., Jinan Style Machinery Co.,Ltd, RMI Laser, Arihant Maxsell Technologies Private Limited., Agile Machineries Pvt. Ltd., Sintec Optronics Pte Ltd., and Laserite Ltd
Report Scope:
Analysis of market trends influencing the laser marking market growth.
Examination of trends within key regional and country-level markets based on type, function, and application.
Providing a comprehensive overview of the laser marking market.
Evaluation of historical, current, and projected market sizes in terms of volume and value.
Offering a neutral perspective on market performance.
Essential information for market players seeking to maintain and expand their market presence.
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Key Market Segmentation
By Laser Type (Fiber Laser, Diode Laser, Solid State Laser, CO2 Laser), Offering (Hardware, Software, Services), End- User (Machine Tools, Semiconductor & Electronics, Automotive, Medical & Healthcare, Aerospace & Defence, Packaging, Others)
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About Data Bridge Market Research, Private Ltd
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