Market Share of Laser Marking Industry
The laser marking market is fragmented, with the presence of major players like Coherent Inc., IPG Photonics Corporation, TRUMPF Group, Mecco Partners LLC, and Gravotech Group. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- September 2023 - Videojet Technologies Inc. announced that it would showcase Industry 4.0 innovations in marking, coding, and printing at Pack Expo 2023. The company introduced the new Videojet 3350 and Videojet 3350 Smart Focus laser marking systems, designed to mark precise, complex codes at high speed for the food, beverage, cosmetics, pharmaceutical, and other industries. Both systems offer virtually unlimited font, code, and graphics options in other industries.
- June 2023 - Coherent Corporation announced the launch of the PowerLine PS 30 picosecond laser marking machine for corrosion-resistant black marking and precision micromachining in medical device manufacturing. The PowerLine PS 30, with its high average power, quickly completes black marking and micro-machining tasks, significantly improving production productivity and cost of ownership while maintaining very high reliability.
Laser Marking Market Leaders
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Coherent Corporation
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IPG Photonics Corporation
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TRUMPF Group
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Mecco Partners LLC
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Gravotech Group
*Disclaimer: Major Players sorted in no particular order
