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Laser Marking Market expect to Observe Spectacular Growth During 2019 to 2024

Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid State Laser, and CO2 Laser), Offering (Hardware, Software, and Services), End User (Machine Tools, Semiconductor & Electronics, Automotive), and Geography - Global Forecast to 2024

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Laser Marking Market expect to Observe Spectacular Growth During 2019 to 2024

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  1. MarketsandMarkets Presents The Overall Laser Marking Market is expected to grow from USD 2.1 billion in 2018 to USD 3.0 billion by 2024, at a CAGR of 6.0%. Increasing adoption of laser marking cross end-user verticals and enhanced performance of laser markers over traditional material marking techniques are the key factors driving the growth of this market.

  2. MarketsandMarkets Presents Fiber Laser Type expected to gain significant share of Laser Marking Market by 2024 Fiber laser type is estimated to account for the largest share of the Laser Marking Market during the forecast period. Features such as high output power, flexible fiber light, compact size, and high optical quality have contributed to the growth of the fiber laser segment. A fiber laser uses an optical fiber doped as an active gain medium. Fiber laser comes in various power modes (continuous wave or modulated modes) and is suitable for laser marking and engraving applications across the military, healthcare, semiconductor & electronics, and research verticals. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1670 85735

  3. MarketsandMarkets Presents Laser Marking Market for packaging end-user vertical to grow at highest CAGR from 2019 to 2024 The market for the packaging end-user vertical is expected to grow at the highest CAGR from 2019 to 2024. Majority of the packaging companies have to display variable data, such as expiration dates and batch and serial numbers, as labels on the products. Laser markers are perfectly suited for marking at the end of the production process and can be used on several materials, including cardboard, paper, and polymer. Marking with laser systems is a contactless process, thus negating any mechanical stress on the packaging. Speak To Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=16 7085735

  4. MarketsandMarkets Presents Laser Marking Market in RoW to grow at highest CAGR during forecast period The Laser Marking Market in RoW is expected to grow at the highest CAGR during the forecast period. RoW comprises the Middle East & Africa and South America, which have significant potential for the growth of the Laser Marking Market. The industrial manufacturing and aerospace & defense sectors in the Middle East & Africa are witnessing significant developments, which are expected to support the increasing demand for laser marking. Increasing use of electric vehicles in the Middle East will boost the automotive vertical, which, in turn, is expected to fillip the demand for laser marking in this region. South America, which is in an early stage of economic development compared to other regions studied in this report, offers good growth opportunities for the Laser Marking Market.

  5. MarketsandMarkets Presents Key Players These market players include Coherent (US), Han’s Laser (China), Trumpf (Germany), Gravotech (France), Jenoptik (US), Epilog Laser (US), 600 Group (UK), Mecco (US), Laserstar (US), and Novanta (US). Organic growth strategies, such as product launches, are the focus of many of the above-mentioned companies. Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/laser- marking-market-167085735.html

  6. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

  7. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/laser- marking.asp

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