Laser Engraving Machine Market Size to Increase by USD 511.91 Million, Increasing Applications of Laser Engraving to Drive Growth - Technavio

NEW YORK, Nov. 15, 2022 /PRNewswire/ -- The "Laser Engraving Machine Market by Type and Geography - Forecast and Analysis 2022-2026" has been added to Technavio's latest offerings. The market size is expected to increase by USD 511.91 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 7.18% during the forecast period. Get a comprehensive report summary that describes the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Market Dynamics

The increasing applications of laser engraving in multiple industries is a key trend in the market. Laser engraving systems are used in various industries and establishments. In the future, these systems might be used as an additional security layer in 3D printing, robotics, and the automotive industries. These factors are expected to attract market vendors to manufacture such systems, which will fuel market growth during the forecast period.

The growing application of laser technology and engraving in the apparel industry will be a key trend in the market. Laser technology is used in various manufacturing processes for apparel, such as engraving, embossing, and denim fading. The use of laser science lowers the chances of damage to products. Such factors are expected to boost the demand for laser engraving systems, which will escalate the growth of the global laser engraving machine market during the forecast period.

Technavio has identified key trends, drivers, and challenges in the report, which will help vendors improve their strategies to stay ahead of their competitors. Buy Now for detailed information about market dynamics

Vendor Landscape

The market is fragmented due to the presence of multiple established players. The key players compete based on factors such as price, quality, brand, and variety. Different companies adopt different marketing strategies to increase their market share. The acquisition of new brands and several partnerships will provide an opportunity for leading competitors to maintain their dominance in the market during the forecast period. Many global players are expected to expand their presence worldwide during the forecast period. Competition among key players will lead to the introduction of innovative ways of manufacturing laser engraving systems.

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Market Segmentation

• By type, the market is classified into fiber laser machines, gas laser machines, and others. The fiber laser machines segment will be a significant contributor to market growth during the forecast period. Fiber laser machines incorporate optical fiber as an active gain medium to transfer the laser light from the source to the destination.
• By geography, the market is classified into APAC, Europe, North America, South America, and Middle East and Africa. APAC will have the largest share of the market. 41% of the market's growth will originate from APAC during the forecast period. The increasing applications of engraving systems in multiple industries will drive market growth in the region over the forecast period.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Company Profiles

The laser engraving machine market report provides complete insights on key vendors including ACSYS Lasertechnik GmbH, Coherent Inc., eurolaser GmbH, Epilog Corp., GCC, Gravotech Marking SAS, Hans Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., Kern Laser Systems, Laserstar Technologies Corp., Mecco, Panasonic Holdings Corp., RMI Laser LLC, Sintec Optronics Pte Ltd., Telesis Technologies Inc., TroGroup GmbH, TYKMA Electrox Inc., Universal Laser Systems Inc., Vytek Laser Systems, Wisely Laser Machinery Ltd., and Videojet Technologies Inc.

Competitive Analysis

The competitive scenario provided in the laser engraving machine market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Fiber laser machines - Market size and forecast 2021-2026
• Exhibit 28: Chart on Fiber laser machines - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Fiber laser machines - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Fiber laser machines - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Fiber laser machines - Year-over-year growth 2021-2026 (%)

• 5.4 Gas laser machine - Market size and forecast 2021-2026
• Exhibit 32: Chart on Gas laser machine - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Gas laser machine - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Gas laser machine - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Gas laser machine - Year-over-year growth 2021-2026 (%)

• 5.5 Others - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type 
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 India - Market size and forecast 2021-2026
• Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026 
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Epilog Corp. 
• Exhibit 93: Epilog Corp. - Overview
• Exhibit 94: Epilog Corp. - Product / Service
• Exhibit 95: Epilog Corp. - Key news
• Exhibit 96: Epilog Corp. - Key offerings

• 10.4 GCC 
• Exhibit 97: GCC - Overview
• Exhibit 98: GCC - Product / Service
• Exhibit 99: GCC - Key offerings

• 10.5 Gravotech Marking SAS 
• Exhibit 100: Gravotech Marking SAS - Overview
• Exhibit 101: Gravotech Marking SAS - Product / Service
• Exhibit 102: Gravotech Marking SAS - Key offerings

• 10.6 Kern Laser Systems 
• Exhibit 103: Kern Laser Systems - Overview
• Exhibit 104: Kern Laser Systems - Product / Service
• Exhibit 105: Kern Laser Systems - Key offerings

• 10.7 Laserstar Technologies Corp. 
• Exhibit 106: Laserstar Technologies Corp. - Overview
• Exhibit 107: Laserstar Technologies Corp. - Product / Service
• Exhibit 108: Laserstar Technologies Corp. - Key offerings

• 10.8 Sintec Optronics Pte Ltd. 
• Exhibit 109: Sintec Optronics Pte Ltd. - Overview
• Exhibit 110: Sintec Optronics Pte Ltd. - Product / Service
• Exhibit 111: Sintec Optronics Pte Ltd. - Key offerings

• 10.9 TroGroup GmbH 
• Exhibit 112: TroGroup GmbH - Overview
• Exhibit 113: TroGroup GmbH - Product / Service
• Exhibit 114: TroGroup GmbH - Key offerings

• 10.10 Universal Laser Systems Inc. 
• Exhibit 115: Universal Laser Systems Inc. - Overview
• Exhibit 116: Universal Laser Systems Inc. - Product / Service
• Exhibit 117: Universal Laser Systems Inc. - Key offerings

• 10.11 Vytek Laser Systems 
• Exhibit 118: Vytek Laser Systems - Overview
• Exhibit 119: Vytek Laser Systems - Product / Service
• Exhibit 120: Vytek Laser Systems - Key offerings

• 10.12 Wisely Laser Machinery Ltd. 
• Exhibit 121: Wisely Laser Machinery Ltd. - Overview
• Exhibit 122: Wisely Laser Machinery Ltd. - Product / Service
• Exhibit 123: Wisely Laser Machinery Ltd. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 124: Inclusions checklist
• Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 127: Research methodology
• Exhibit 128: Validation techniques employed for market sizing
• Exhibit 129: Information sources

• 11.5 List of abbreviations 
• Exhibit 130: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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