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-10352282 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., Han’s 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/sample-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@kennethresearch.com U.S. Phone: +1 313 462 0609