Laser marking machines are ideal for marking logos matrix codes, and barcodes on almost all types of materials. In the automotive sector, markers are used for engraving serial numbers on tires. Also, laser marking machines are used in various end use industries such as Aerospace, Machine Tool, Electronics & Microelectronics, Medical, Packaging, Military, and Others.
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The increase in product development such as portable laser marking machine is expected to boost the global laser marking machine market during this forecast timeline. Furthermore, the lack of alternative technologies for laser marking machine is expected positively influence the market growth. Also, the rise in demand from end use industries such as manufacturing, packaging, and automotive industry is expected to propel the global laser marking machine market growth. Moreover, the increase in demand for unique identification and deep engraving during the manufacturing process for the objective of traceability, production flow control, inventory control, and product quality validation is expected to drive the market demand. These markings done through a fiber laser machine which consume less time and do not fade.
Materials that have properties of an insulator as well as a conductor are called semiconductors. They are commonly found in almost all electronic devices. Some of the materials semiconductors are derived by include Germanium, selenium, and silicon. Silicon is considered to be the best semiconductor material, and hence, it is used in most semiconductors used in computer and electronic components. The semiconductor industry is growing by leaps and bound due to the growing demand for consumer electronic devices. Constant advances in technology and high adoption of automation in the manufacturing process are key drivers behind the growth of the industry. Rising investments and expenditures put in the R&D activities for the development of new products attribute to the thriving success of semiconductors.
High deployment cost is the major restraint which is expected to hinder the global laser marking machine market growth during this forecast period.
The Global Laser Marking Machine Market is segmented into type such as CO2 Laser, UV Laser, Green Laser, Fiber Laser, and YAG Laser. Further, market is segmented into application such as Aerospace, Automotive, Machine Tool, Electronics & Microelectronics, Medical, Packaging, Military, and Others.
Also, Global Laser Marking Machine Market is segmented into five regions such as five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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Market Key Players
The key operating players are discussed in this report such as
- Han’s Laser Technology Industry Group Co., Ltd,
- Sea Force Co., Ltd,
- LaserStar Technologies Corporation,
- Gravotech Marking,
- TYKMA Electrox, Inc,
- Trotec Laser GmbH; Epilog Laser,
- Videojet Technologies, Inc, and
- Telesis Technologies, Inc.
- CO2 Laser
- UV Laser
- Green Laser
- Fiber Laser
- YAG Laser
- Machine Tool
- Electronics & Microelectronics
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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