How big is the Laser Marking Market?

The Laser Marking Market size is expected to reach USD 3.91 billion in 2024 and grow at a CAGR of 5.80% to reach USD 5.18 billion by 2029. Read More

What is the current Laser Marking Market size?

In 2024, the Laser Marking Market size is expected to reach USD 3.91 billion. Read More

Who are the key players in Laser Marking Market?

Coherent Corporation, IPG Photonics Corporation, TRUMPF Group, Mecco Partners LLC and Gravotech Group are the major companies operating in the Laser Marking Market. Read More

Which is the fastest growing region in Laser Marking Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Laser Marking Market?

In 2024, the North America accounts for the largest market share in Laser Marking Market. Read More

Laser Marking Market - Size, Share & Industry Analysis

Laser Marking Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Laser Marking Market is Segmented by Equipment (Fiber Laser, CO2 Laser, Solid State Laser, and Other Equipment), Offering (Hardware and Software), End-User Industry (Healthcare, Automotive, Electronics, Machine Tools, Packaging, and Other End-User Industries), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Laser Marking Industry Overview

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.