Laser Marking Market by Laser Type (Fiber Laser, Diode Laser, Solid-state Laser, CO2 Laser, UV Laser), Industry (Machine Tools, Semiconductor & Electronics, Automotive), Offering, Application, Method, Material and Region - Global Forecast to 2027

Abstract
The laser marking market is estimated to grow from USD 2.9 billion in 2022 to reach
USD 4.1 billion by 2027; it is expected to grow at a CAGR of 7.2% from 2022 to 2027. The growth of the laser marking market can be attributed to higher performance of laser markers over traditional material marking techniques.

“The laser marking market for laser engraving method is expected to hold largest share from 2022 to 2027”

Laser engraving is seeing a rapid rise in use cases for the technology in the industrial segment. One of the bigger segments is identification security, where laser engraving is ideal for credit cards, ID cards, sensitive documents, and other items requiring increased safety measures. Laser engraving is also being used for multiple new applications such as woodworking, metalworking, digital and retail signage, model-making, apparel shops, fabric shops, gadgets, and sports equipment.

“Laser marking market for QR codes is expected to hold the largest share during the forecast period.”

Laser marking market for QR codes is expected to hold the largest share during the forecast period. QR codes are used across different industries, such as construction, packaging, medical, automotive, and semiconductor. With specialized laser marking software, laser marking systems can directly mark QR Codes onto products made of almost any material. With the explosion of Smartphones, QR codes are becoming more commonplace and are scannable by a growing portion of the population. QR codes are becoming a standard for product identification. The QR code can link to a URL address such as a Facebook page, YouTube channel, or company website. With recent advancements, 3D codes have come into the picture, requiring 3-axis laser marking machines for marking uneven surfaces or hollow or cylindrical surfaces.

“The laser marking market in North America to grow at the second highest CAGR during forecast period.”

The laser marking market in North America is expected to grow at the second highest CAGR during forecast period. The US, Canada, and Mexico are the major contributors to the growth of the laser marking market in North America. North America is one of the most technologically advanced regions and is a massive market for laser marking devices because of the presence of prominent system suppliers, large semiconductor companies, and automobile manufacturers. North America is a pivotal region for the growth of laser marking in machine tools, aerospace & defense, automotive, and semiconductor & electronics industries.

Breakdown of the profile of primary participants:
•By Company Type: Tier 1 – 30%, Tier 2 – 50%, and Tier 3 – 20%
•By Designation: C-level Executives – 30%, Directors – 45%, Others - 25%
•By Region: North America – 20%, Europe – 30%, Asia Pacific – 45%, and RoW – 5%

Coherent, Inc. (US), TRUMPF (Germany), Han’s Laser Technology Co., Ltd. (China), Gravotech Marking (France), IPG Photonics Corp. (US), 600 Group (UK), Danaher Corp. (US), Novanta Inc. (US), KEYENCE Corp. (Japan), Huagong Tech Co., Ltd. (China), Trotec Laser (Austria), Epilog Laser (US), and MECCO (US) are among a few of the players in the laser marking market.

Research Coverage
Based on offering, the laser marking market has been segmented into hardware, software, and services. Based on material, the laser marking market has been segmented into plastic; metal; glass, paper, and ceramics; and others. Based on laser type, the laser marking market has been segmented into fiber laser, diode laser, solid-state laser, CO2 laser, UV Laser and others. Based on method, the laser marking market has been segmented into annealing, ablation, engraving, and others. Based on product type, the laser marking market has been segmented into portable and fixed laser marking. Based on machine type, the laser marking market has been segmented into 2D laser marking and 3D laser marking.
Based on application, the laser marking market has been segmented into bar codes, logos, date codes, part numbers, QR codes, and others. Based on industry, the laser marking market is segmented into machine tools, automotive, semiconductor & electronics, aerospace & defense, healthcare, packaging, and others. Based on region, the laser marking market has been segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW).

Reasons to Buy Report
The report would help market leaders/new entrants in the following ways:
1.This report segments the laser marking market comprehensively and provides the closest approximations of the overall market size, as well as that of the subsegments across offerings, materials, methods, laser types, product types, machine types, applications, industries, and regions.
2.The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.
3.This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape provides market share analysis and company evaluation quadrant for the key players operating in the laser marking market.

Content
Table of Contents

1INTRODUCTION31
1.1STUDY OBJECTIVES31
1.2MARKET DEFINITION31
1.3INCLUSIONS AND EXCLUSIONS32
1.4STUDY SCOPE33
1.4.1MARKETS COVERED33
FIGURE 1LASER MARKING MARKET: SEGMENTATION33
1.4.2REGIONAL SCOPE34
1.5YEARS CONSIDERED34
1.6CURRENCY CONSIDERED35
1.7UNITS CONSIDERED35
1.8LIMITATIONS35
1.9STAKEHOLDERS35
1.10SUMMARY OF CHANGES36
2RESEARCH METHODOLOGY37
2.1RESEARCH DATA37
FIGURE 2LASER MARKING MARKET SIZE ESTIMATION AND PROCESS FLOW37
FIGURE 3LASER MARKING MARKET: RESEARCH DESIGN38
2.1.1SECONDARY DATA38
2.1.1.1Major secondary sources39
2.1.1.2Key data from secondary sources39
2.1.2PRIMARY DATA39
2.1.2.1Primary interviews with experts40
2.1.2.2Key data from primary sources40
2.1.2.3Key industry insights42
2.1.2.4Breakdown of primaries42
2.1.3SECONDARY AND PRIMARY RESEARCH43
2.2MARKET SIZE ESTIMATION43
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED FROM SALE OF LASER MARKING SOLUTIONS IN 202144
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND SIDE): ESTIMATION OF LASER MARKING MARKET SIZE, BY INDUSTRY45
2.2.1BOTTOM-UP APPROACH45
2.2.1.1Approach for deriving market size by bottom-up analysis (demand side)45
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH46
2.2.2TOP-DOWN APPROACH46
2.2.2.1Approach for capturing market size by top-down analysis (supply side)46
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH47
2.2.3MARKET SHARE ESTIMATION47
2.3MARKET BREAKDOWN AND DATA TRIANGULATION47
FIGURE 8MARKET BREAKDOWN AND DATA TRIANGULATION48
2.4RESEARCH ASSUMPTIONS48
TABLE 1ASSUMPTIONS FOR RESEARCH STUDY48
2.4.1GROWTH RATE ASSUMPTIONS/FORECASTS49
2.5LIMITATIONS49
2.6RISK ASSESSMENT50
3EXECUTIVE SUMMARY51
FIGURE 9HARDWARE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD52
FIGURE 10FIBER LASER SEGMENT TO HOLD LARGEST SHARE OF LASER MARKING MARKET DURING FORECAST PERIOD52
FIGURE 11PACKAGING INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD53
FIGURE 12ASIA PACIFIC LASER MARKING MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD53
4PREMIUM INSIGHTS55
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS OPERATING IN LASER MARKING MARKET55
FIGURE 13HIGH DEMAND FOR LASER MARKERS IN HEALTHCARE AND SEMICONDUCTOR & ELECTRONICS INDUSTRIES55
4.2LASER MARKING MARKET, BY OFFERING55
FIGURE 14HARDWARE SEGMENT TO HOLD LARGEST SHARE OF LASER MARKING MARKET DURING FORECAST PERIOD55
4.3LASER MARKING MARKET, BY METHOD56
FIGURE 15ENGRAVING SEGMENT TO HOLD MAJORITY OF MARKET SHARE IN 202756
4.4LASER MARKING MARKET, BY APPLICATION56
FIGURE 16QR CODES SEGMENT TO HOLD LARGEST MARKET SHARE IN 202756
4.5ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY AND INDUSTRY57
FIGURE 17MACHINE TOOLS INDUSTRY AND CHINA TO HOLD MAJOR SHARES OF ASIA PACIFIC LASER MARKING MARKET IN 202257
4.6LASER MARKING MARKET, BY COUNTRY57
FIGURE 18INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL LASER MARKING MARKET DURING FORECAST PERIOD57
5MARKET OVERVIEW58
5.1INTRODUCTION58
FIGURE 19LASER MARKING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES58
5.1.1DRIVERS59
FIGURE 20LASER MARKING MARKET: DRIVERS AND THEIR IMPACT59
5.1.1.1Higher performance of laser markers over traditional material marking techniques59
5.1.1.2Increasing adoption of laser markers in various industries60
5.1.1.3Growing adoption of smart manufacturing techniques60
5.1.1.4Shift toward production of nanodevices and microdevices60
FIGURE 21GLOBAL SEMICONDUCTOR SILICON MATERIAL SALES IN MILLION SQUARE INCH (MSI), 2018–202161
5.1.2RESTRAINTS61
FIGURE 22LASER MARKING MARKET: RESTRAINTS AND THEIR IMPACT61
5.1.2.1High deployment cost62
5.1.3OPPORTUNITIES62
FIGURE 23LASER MARKING MARKET: OPPORTUNITIES AND THEIR IMPACT62
5.1.3.1Growing adoption of advanced laser marking technologies62
5.1.3.2Increasing trend of personalized gifts63
5.1.4CHALLENGES63
FIGURE 24LASER MARKING MARKET: CHALLENGES AND THEIR IMPACT63
5.1.4.1Environmental concerns associated with use of rare-earth elements63
5.1.4.2Technical complexities related to high-power lasers63
5.2VALUE CHAIN ANALYSIS64
FIGURE 25VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED BY ORIGINAL EQUIPMENT MANUFACTURERS (OEMS) AND LASER MARKING SYSTEM INTEGRATORS64
5.3ECOSYSTEM ANALYSIS66
FIGURE 26ECOSYSTEM OF LASER MARKING MARKET66
TABLE 2LASER MARKING MARKET: COMPANY ROLES66
5.4TECHNOLOGY ANALYSIS68
5.5PATENT ANALYSIS69
FIGURE 27NUMBER OF PATENTS GRANTED PER YEAR, 2012–202169
FIGURE 28TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS70
TABLE 3LIST OF TOP PATENT OWNERS IN LAST 10 YEARS70
5.5.1LIST OF MAJOR PATENTS RELATED TO LASER MARKING MARKET71
TABLE 4LIST OF MAJOR PATENTS71
5.6CASE STUDY ANALYSIS73
5.6.1LEADING OEM OF ELECTRICAL COMPONENTS RELABELS CIRCUIT BREAKERS WITH MECCO’S AND ITRACE’S TECHNOLOGIES73
5.6.2JUNGHANS ACHIEVES HIGH-QUALITY MARKING ON ITS LIMITED-EDITION PLATINUM WATCHES WITH TRUMPF’S TRUMARK STATION 700073
5.6.3FOBA HELPS CENTEX MACHINING REDUCE MARKING TIME AND ENHANCE EFFICIENCY74
5.6.4LASERAX HELPS MERIDIAN WITH BEST LASER MARKING STATION SUITABLE FOR HARSH ENVIRONMENTS74
5.7TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES75
FIGURE 29TRENDS/DISRUPTIONS IN LASER MARKING MARKET75
5.8TRADE ANALYSIS75
FIGURE 30IMPORT DATA FOR HS CODE 845611, BY COUNTRY, 2017–202176
FIGURE 31EXPORT DATA FOR HS CODE 845611, BY COUNTRY, 2017–202176
5.9PORTER’S FIVE FORCES ANALYSIS77
TABLE 5LASER MARKING MARKET: PORTER’S FIVE FORCES ANALYSIS77
5.9.1INTENSITY OF COMPETITIVE RIVALRY77
5.9.2BARGAINING POWER OF SUPPLIERS78
5.9.3BARGAINING POWER OF BUYERS78
5.9.4THREAT OF SUBSTITUTES78
5.9.5THREAT OF NEW ENTRANTS78
5.10TARIFF ANALYSIS79
TABLE 6TARIFF IMPOSED ON LASER MARKING MACHINES UNDER HS CODE 845611 EXPORTED BY US79
TABLE 7TARIFF IMPOSED ON LASER MARKING MACHINES UNDER HS CODE 845611 EXPORTED BY CHINA79
TABLE 8TARIFF IMPOSED ON LASER MARKING MACHINES UNDER HS CODE 845611 EXPORTED BY GERMANY80
5.11STANDARDS AND REGULATORY LANDSCAPE80
5.11.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
TABLE 9NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
TABLE 10EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS81
TABLE 11ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS81
TABLE 12ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS81
5.11.2LASER STANDARDS, CLASSIFICATIONS, AND RELATED RATINGS82
TABLE 13CLASSIFICATION CRITERIA OF DIFFERENT LASER STANDARDS83
5.11.3INGRESS PROTECTION (IP) RATINGS84
TABLE 14INGRESS PROTECTION (IP) RATINGS84
5.11.4RESTRICTION OF HAZARDOUS SUBSTANCES (ROHS) AND WASTE ELECTRICAL AND ELECTRONIC EQUIPMENT (WEEE)85
5.11.5REGISTRATION, EVALUATION, AUTHORIZATION, AND RESTRICTION OF CHEMICALS (REACH)85
5.11.6GENERAL DATA PROTECTION REGULATION (GDPR)86
5.11.7IMPORT–EXPORT LAWS86
5.12KEY STAKEHOLDERS AND BUYING CRITERIA86
5.12.1KEY STAKEHOLDERS IN BUYING PROCESS87
FIGURE 32INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY TOP 3 INDUSTRIES87
TABLE 15INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY TOP 3 INDUSTRIES (%)87
5.12.2BUYING CRITERIA87
FIGURE 33KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES87
TABLE 16KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES88
5.13PRICING ANALYSIS88
5.13.1AVERAGE SELLING PRICE OF LASER MARKING SYSTEMS OFFERED BY MARKET PLAYERS TO TOP 3 INDUSTRIES88
FIGURE 34AVERAGE SELLING PRICE OF LASER MARKING SYSTEMS OFFERED BY MARKET PLAYERS TO TOP 3 INDUSTRIES88
TABLE 17AVERAGE SELLING PRICE OF LASER MARKING SYSTEMS OFFERED BY MARKET PLAYERS TO TOP 3 INDUSTRIES89
5.14KEY CONFERENCES AND EVENTS, 2022–202389
TABLE 18LASER MARKING MARKET: DETAILED LIST OF CONFERENCES AND EVENTS89
6LASER MARKING MARKET, BY OFFERING91
6.1INTRODUCTION92
FIGURE 35SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD92
TABLE 19LASER MARKING MARKET, BY OFFERING, 2018–2021 (USD MILLION)92
TABLE 20LASER MARKING MARKET, BY OFFERING, 2022–2027 (USD MILLION)93
6.2HARDWARE93
TABLE 21HARDWARE: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)94
TABLE 22HARDWARE: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)94
TABLE 23HARDWARE: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (UNITS)94
TABLE 24HARDWARE: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (UNITS)95
6.2.1LASER95
6.2.1.1Active laser medium95
6.2.1.1.1Acts as source of optical gain to produce population inversion95
6.2.1.2External energy source95
6.2.1.2.1Laser markers supported via pump source that transfers energy from external source95
6.2.1.3Optical resonator96
6.2.1.3.1Used in guiding stimulated emission processes to generate laser beam96
6.2.2CONTROLLER96
6.2.2.1Used to control laser beam emitted from laser source96
6.2.3FILTER96
6.2.3.1Used to filter range of wavelengths to transmit desired wavelengths and filter unwanted wavelengths96
6.2.4ROTARY DEVICE96
6.2.4.1Laser marking machines supported by rotary devices to work on rounded items96
6.2.5GALVANOMETER96
6.2.5.1Used to guide beam within limited area through lens onto object surface96
6.2.6POWER SUPPLY96
6.2.6.1Provides energy to all devices installed in laser marking system96
6.3SOFTWARE97
6.3.1ENABLES LASER MARKERS TO PERFORM 3D MARKING AND LASER MARKING OF TEXTS, LOGOS, AND GRAPHICS97
TABLE 25SOFTWARE: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)98
TABLE 26SOFTWARE: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)98
6.4SERVICES98
6.4.1LASER MARKING SERVICES FACILITATE DEPLOYMENT AND OPERATION OF LASER MARKING SYSTEMS98
TABLE 27SERVICES: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)99
TABLE 28SERVICES: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)99
7LASER MARKING MARKET, BY LASER TYPE100
7.1INTRODUCTION101
FIGURE 36UV LASER SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD101
TABLE 29LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)101
TABLE 30LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)102
7.2FIBER LASER102
7.2.1GROWING DEMAND FOR FIBER LASER MARKING SYSTEMS ATTRIBUTED TO HIGH VERSATILITY102
TABLE 31FIBER LASER: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)103
TABLE 32FIBER LASER: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)103
TABLE 33FIBER LASER: LASER MARKING MARKET, BY OFFERING, 2018–2021 (USD MILLION)103
TABLE 34FIBER LASER: LASER MARKING MARKET, BY OFFERING, 2022–2027 (USD MILLION)104
7.3DIODE LASER104
7.3.1HIGH USE OF DIODE LASERS FOR ABLATION AND DAY/NIGHT MARKINGS104
TABLE 35DIODE LASER: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)104
TABLE 36DIODE LASER: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)105
TABLE 37DIODE LASER: LASER MARKING MARKET, BY OFFERING, 2018–2021 (USD MILLION)105
TABLE 38DIODE LASER: LASER MARKING MARKET, BY OFFERING, 2022–2027 (USD MILLION)105
7.4SOLID-STATE LASER105
TABLE 39SOLID-STATE LASER: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)106
TABLE 40SOLID-STATE LASER: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)106
TABLE 41SOLID-STATE LASER: LASER MARKING MARKET, BY OFFERING, 2018–2021 (USD MILLION)107
TABLE 42SOLID-STATE LASER: LASER MARKING MARKET, BY OFFERING, 2022–2027 (USD MILLION)107
7.4.1YTTRIUM ALUMINUM GARNET (YAG) LASER107
7.4.1.1Use of yttrium aluminum garnet (YAG) lasers for several applications attributed to high thermal conductivity107
7.4.2NEODYMIUM GLASS LASER107
7.4.2.1Use of neodymium glass lasers in high-energy-pulsed operations107
7.4.3THIN DISK LASER108
7.4.3.1Ability to generate high peak power in picosecond pulses108
7.5CO2 LASER108
7.5.1HIGH USE OF CO2 LASERS FOR COMMERCIAL, INDUSTRIAL, AND MILITARY APPLICATIONS108
TABLE 43CO2 LASER: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)108
TABLE 44CO2 LASER: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)109
TABLE 45CO2 LASER: LASER MARKING MARKET, BY OFFERING, 2018–2021 (USD MILLION)109
TABLE 46CO2 LASER: LASER MARKING MARKET, BY OFFERING, 2022–2027 (USD MILLION)109
7.6ULTRAVIOLET (UV) LASER110
7.6.1GROWING ADOPTION OF ULTRAVIOLET (UV) LASERS TO MARK HIGHLY REFLECTIVE MATERIALS110
TABLE 47UV LASER: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)110
TABLE 48UV LASER: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)110
TABLE 49UV LASER: LASER MARKING MARKET, BY OFFERING, 2018–2021 (USD MILLION)111
TABLE 50UV LASER: LASER MARKING MARKET, BY OFFERING, 2022–2027 (USD MILLION)111
7.7OTHERS111
TABLE 51OTHERS: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)112
TABLE 52OTHERS: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)112
TABLE 53OTHERS: LASER MARKING MARKET, BY OFFERING, 2018–2021 (USD MILLION)112
TABLE 54OTHERS: LASER MARKING MARKET, BY OFFERING, 2022–2027 (USD MILLION)113
8LASER MARKING MARKET, BY PRODUCT TYPE114
8.1INTRODUCTION115
FIGURE 37FIXED SEGMENT TO HOLD LARGER SHARE OF LASER MARKING MARKET DURING FORECAST PERIOD115
TABLE 55LASER MARKING MARKET, BY PRODUCT TYPE, 2018–2021 (USD MILLION)115
TABLE 56LASER MARKING MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION)115
8.2FIXED116
8.2.1WIDELY USED FOR 3D MARKING OF LOGOS, 2D MATRIX CODES, AND BARCODES116
8.3PORTABLE116
8.3.1HIGHLY USED ATTRIBUTED TO COMPACT SIZE, MINIMAL MAINTENANCE COST, HIGH STABILIZATION, AND LESS POWER CONSUMPTION FEATURES116
9LASER MARKING MARKET, BY MACHINE TYPE117
9.1INTRODUCTION118
FIGURE 383D LASER MARKING SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD118
TABLE 57LASER MARKING MARKET, BY MACHINE TYPE, 2018–2021 (USD MILLION)118
TABLE 58LASER MARKING MARKET, BY MACHINE TYPE, 2022–2027 (USD MILLION)118
9.22D LASER MARKING119
9.2.1USED FOR MARKING FLAT SURFACES IN VARIOUS INDUSTRIES119
9.33D LASER MARKING119
9.3.1USED TO PERFORM ETCHINGS, ENGRAVINGS, AND MARKINGS ON NON-FLAT SURFACES119
10LASER MARKING MARKET, BY METHOD120
10.1INTRODUCTION120
FIGURE 39ANNEALING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD120
TABLE 59LASER MARKING MARKET, BY METHOD, 2018–2021 (USD MILLION)120
TABLE 60LASER MARKING MARKET, BY METHOD, 2022–2027 (USD MILLION)121
10.2ANNEALING121
10.2.1ANNEALING PROVIDES PERMANENT MARKING ON MACHINE TOOLS AND MEDICAL EQUIPMENT FOR TRACING AND IDENTIFICATION OF TOOLS121
10.3ABLATION122
10.3.1ABLATION IS WELL-SUITED FOR PASSIVATED, OXIDIZED, OR COATED METALS122
10.4ENGRAVING122
10.4.1LASER ENGRAVING CAN BE ACHIEVED ON DIFFERENT MATERIALS122
10.5OTHERS123
11LASER MARKING MARKET, BY MATERIAL124
11.1INTRODUCTION125
FIGURE 40METAL SEGMENT TO HOLD LARGEST SHARE DURING FORECAST PERIOD125
TABLE 61LASER MARKING MARKET, BY MATERIAL TYPE, 2018–2021 (USD MILLION)125
TABLE 62LASER MARKING MARKET, BY MATERIAL TYPE, 2022–2027 (USD MILLION)125
11.2METAL126
11.2.1GROWING USE OF FIBER AND CO2 LASER MARKING MACHINES TO MARK AND ENGRAVE METALS126
11.3PLASTIC126
11.3.1RISING LASER MARKING ON PLASTIC MATERIALS126
11.4GLASS, PAPER, AND CERAMICS127
11.4.1RISING ADOPTION OF LASER ENGRAVING MACHINES TO MARK GLASS, PAPER, AND CERAMICS127
11.5OTHERS127
12LASER MARKING MARKET, BY APPLICATION128
12.1INTRODUCTION129
FIGURE 41QR CODES SEGMENT TO HOLD LARGEST SHARE OF LASER MARKING MARKET DURING FORECAST PERIOD129
TABLE 63LASER MARKING MARKET, BY APPLICATION, 2018–2021 (USD MILLION)129
TABLE 64LASER MARKING MARKET, BY APPLICATION, 2022–2027 (USD MILLION)130
12.2BARCODES131
12.2.1RISING DEMAND FOR LASER MARKING MACHINES ATTRIBUTED TO ABILITY TO MARK PERMANENT ALPHANUMERIC DETAILS ON OBJECTS131
12.3LOGOS131
12.3.1GROWING ADOPTION OF LASER MARKING AS PERMANENT LOGO MARKING METHOD FOR SEVERAL MATERIALS131
12.4DATE CODES132
12.4.1INCREASING USE OF HIGH-PRECISION LASERS IN HEALTHCARE INDUSTRY FOR MARKING DATE CODES ON MEDICINES AND SUPPLEMENTS132
12.5PART NUMBERS132
12.5.1INCREASING APPLICATION OF LASER MARKING SYSTEMS TO MARK PART NUMBERS IN MACHINE TOOLS AND AUTOMOTIVE INDUSTRIES132
12.6QUICK RESPONSE (QR) CODES132
12.6.1RISING ADOPTION OF QUICK RESPONSE (QR) CODES IN VARIOUS INDUSTRIES132
12.7OTHERS133
13LASER MARKING MARKET, BY INDUSTRY134
13.1INTRODUCTION135
FIGURE 42PACKAGING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD135
TABLE 65LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)135
TABLE 66LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)136
13.2MACHINE TOOLS136
13.2.1RISING DEMAND FOR LASER MARKING AND ENGRAVING SYSTEMS IN MACHINE TOOL MANUFACTURING136
TABLE 67MACHINE TOOLS: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)137
TABLE 68MACHINE TOOLS: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)137
TABLE 69MACHINE TOOLS: LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)138
TABLE 70MACHINE TOOLS: LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)138
TABLE 71MACHINE TOOLS: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)138
TABLE 72MACHINE TOOLS: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)139
TABLE 73MACHINE TOOLS: EUROPE LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)139
TABLE 74MACHINE TOOLS: EUROPE LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)139
TABLE 75MACHINE TOOLS: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)140
TABLE 76MACHINE TOOLS: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)140
TABLE 77MACHINE TOOLS: ROW LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)140
TABLE 78MACHINE TOOLS: ROW LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)140
13.3SEMICONDUCTOR & ELECTRONICS141
13.3.1RISING GLOBAL INVESTMENTS IN SEMICONDUCTOR FABRICATION EXPANSION141
TABLE 79SEMICONDUCTOR & ELECTRONICS: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)141
TABLE 80SEMICONDUCTOR & ELECTRONICS: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)142
TABLE 81SEMICONDUCTOR & ELECTRONICS: LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)142
TABLE 82SEMICONDUCTOR & ELECTRONICS: LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)142
TABLE 83SEMICONDUCTOR & ELECTRONICS: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)143
TABLE 84SEMICONDUCTOR & ELECTRONICS: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)143
TABLE 85SEMICONDUCTOR & ELECTRONICS: EUROPE LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)143
TABLE 86SEMICONDUCTOR & ELECTRONICS: EUROPE LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)144
TABLE 87SEMICONDUCTOR & ELECTRONICS: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)144
TABLE 88SEMICONDUCTOR & ELECTRONICS: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)144
TABLE 89SEMICONDUCTOR & ELECTRONICS: ROW LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)144
TABLE 90SEMICONDUCTOR & ELECTRONICS: ROW LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)145
13.4AUTOMOTIVE145
13.4.1HIGH USE OF LASER MARKING SYSTEMS TO MARK AUTOMOBILE PARTS145
TABLE 91AUTOMOTIVE: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)145
TABLE 92AUTOMOTIVE: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)146
TABLE 93AUTOMOTIVE: LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)146
TABLE 94AUTOMOTIVE: LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)146
TABLE 95AUTOMOTIVE: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)147
TABLE 96AUTOMOTIVE: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)147
TABLE 97AUTOMOTIVE: EUROPE LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)147
TABLE 98AUTOMOTIVE: EUROPE LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)148
TABLE 99AUTOMOTIVE: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)148
TABLE 100AUTOMOTIVE: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)148
TABLE 101AUTOMOTIVE: ROW LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)148
TABLE 102AUTOMOTIVE: ROW LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)149
13.5HEALTHCARE149
13.5.1RISING DEMAND FOR HIGH-PRECISION LASERS TO MEET STRINGENT IDENTIFICATION AND TRACEABILITY GUIDELINES149
TABLE 103HEALTHCARE: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)149
TABLE 104HEALTHCARE: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)150
TABLE 105HEALTHCARE: LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)150
TABLE 106HEALTHCARE: LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)150
TABLE 107HEALTHCARE: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)151
TABLE 108HEALTHCARE: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)151
TABLE 109HEALTHCARE: EUROPE LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)151
TABLE 110HEALTHCARE: EUROPE LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)152
TABLE 111HEALTHCARE: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)152
TABLE 112HEALTHCARE: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)152
TABLE 113HEALTHCARE: ROW LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)153
TABLE 114HEALTHCARE: ROW LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)153
13.6AEROSPACE & DEFENSE153
13.6.1GROWING DEMAND FOR LASER MARKERS IN AEROSPACE & DEFENSE INDUSTRY ATTRIBUTED TO ABILITY TO WORK WITH SEVERAL METALS153
TABLE 115AEROSPACE & DEFENSE: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)154
TABLE 116AEROSPACE & DEFENSE: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)154
TABLE 117AEROSPACE & DEFENSE: LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)154
TABLE 118AEROSPACE & DEFENSE: LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)155
TABLE 119AEROSPACE & DEFENSE: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)155
TABLE 120AEROSPACE & DEFENSE: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)155
TABLE 121AEROSPACE & DEFENSE: EUROPE LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)156
TABLE 122AEROSPACE & DEFENSE: EUROPE LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)156
TABLE 123AEROSPACE & DEFENSE: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)156
TABLE 124AEROSPACE & DEFENSE: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)157
TABLE 125AEROSPACE & DEFENSE: ROW LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)157
TABLE 126AEROSPACE & DEFENSE: ROW LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)157
13.7PACKAGING157
13.7.1HIGH USE OF CO2 LASERS IN PACKAGING VERTICAL157
TABLE 127PACKAGING: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)158
TABLE 128PACKAGING: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)158
TABLE 129PACKAGING: LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)159
TABLE 130PACKAGING: LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)159
TABLE 131PACKAGING: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)159
TABLE 132PACKAGING: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)160
TABLE 133PACKAGING: EUROPE LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)160
TABLE 134PACKAGING: EUROPE LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)160
TABLE 135PACKAGING: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)161
TABLE 136PACKAGING: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)161
TABLE 137PACKAGING: ROW LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)161
TABLE 138PACKAGING: ROW LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)161
13.8OTHERS162
13.8.1TEXTILE162
13.8.1.1Engraving of natural and synthetic fabrics to achieve required design162
13.8.2ARCHITECTURE162
13.8.2.1Rising marking and engraving of wood and plywood162
13.8.3GEMOLOGY & JEWELRY162
13.8.3.1Ability of laser marking machines to perform customized markings quickly and easily162
TABLE 139OTHERS: LASER MARKING MARKET, BY LASER TYPE, 2018–2021 (USD MILLION)163
TABLE 140OTHERS: LASER MARKING MARKET, BY LASER TYPE, 2022–2027 (USD MILLION)163
TABLE 141OTHERS: LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)163
TABLE 142OTHERS: LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)164
TABLE 143OTHERS: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)164
TABLE 144OTHERS: ASIA PACIFIC LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)164
TABLE 145OTHERS: EUROPE LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)165
TABLE 146OTHERS: EUROPE LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)165
TABLE 147OTHERS: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)165
TABLE 148OTHERS: NORTH AMERICA LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)165
TABLE 149OTHERS: ROW LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)166
TABLE 150OTHERS: ROW LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)166
14LASER MARKING MARKET, BY REGION167
14.1INTRODUCTION168
FIGURE 43REGIONAL SNAPSHOT: INDIA LASER MARKING MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD168
TABLE 151LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)168
TABLE 152LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)169
14.2NORTH AMERICA170
FIGURE 44NORTH AMERICA: SNAPSHOT OF LASER MARKING MARKET170
TABLE 153NORTH AMERICA: LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)171
TABLE 154NORTH AMERICA: LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)171
TABLE 155NORTH AMERICA: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)171
TABLE 156NORTH AMERICA: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)172
14.2.1US172
14.2.1.1Increasing demand for warranty traceability and regulatory requirements from manufacturing companies172
14.2.2CANADA173
14.2.2.1Growing label engraving on manufactured products173
14.2.3MEXICO173
14.2.3.1Expanding automotive industry173
14.3EUROPE174
FIGURE 45EUROPE: SNAPSHOT OF LASER MARKING MARKET175
TABLE 157EUROPE: LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)175
TABLE 158EUROPE: LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)176
TABLE 159EUROPE: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)176
TABLE 160EUROPE: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)176
14.3.1GERMANY177
14.3.1.1Growing use of laser markers and engravers in foaming, frothing, annealing, and other micromachining applications177
14.3.2FRANCE177
14.3.2.1Rising government-led investments in automotive and semiconductor industries177
14.3.3UK178
14.3.3.1Growing aerospace industry178
14.3.4REST OF EUROPE178
14.4ASIA PACIFIC179
FIGURE 46ASIA PACIFIC: SNAPSHOT OF LASER MARKING MARKET180
TABLE 161ASIA PACIFIC: LASER MARKING MARKET, BY COUNTRY, 2018–2021 (USD MILLION)180
TABLE 162ASIA PACIFIC: LASER MARKING MARKET, BY COUNTRY, 2022–2027 (USD MILLION)181
TABLE 163ASIA PACIFIC: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)181
TABLE 164ASIA PACIFIC: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)181
14.4.1CHINA182
14.4.1.1Growing adoption of enhanced manufacturing techniques in machine tools industry182
14.4.2JAPAN182
14.4.2.1Rapid industrialization and modernization182
14.4.3INDIA183
14.4.3.1Government-led initiatives to boost domestic manufacturing sector183
14.4.4SOUTH KOREA183
14.4.4.1High investments in semiconductor industry183
14.4.5REST OF ASIA PACIFIC184
14.5REST OF THE WORLD (ROW)184
TABLE 165ROW: LASER MARKING MARKET, BY REGION, 2018–2021 (USD MILLION)184
TABLE 166ROW: LASER MARKING MARKET, BY REGION, 2022–2027 (USD MILLION)184
TABLE 167ROW: LASER MARKING MARKET, BY INDUSTRY, 2018–2021 (USD MILLION)185
TABLE 168ROW: LASER MARKING MARKET, BY INDUSTRY, 2022–2027 (USD MILLION)185
14.5.1MIDDLE EAST & AFRICA185
14.5.1.1Expansion of automotive vertical185
14.5.2SOUTH AMERICA186
14.5.2.1Rising demand for laser marking systems in aerospace industry186
15COMPETITIVE LANDSCAPE187
15.1OVERVIEW187
15.2STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN187
TABLE 169OVERVIEW OF STRATEGIES ADOPTED BY KEY COMPANIES IN LASER MARKING MARKET187
15.3FIVE-YEAR COMPANY REVENUE ANALYSIS189
FIGURE 47FIVE-YEAR REVENUE ANALYSIS OF TOP PLAYERS IN LASER MARKING MARKET189
15.4MARKET SHARE ANALYSIS, 2021189
TABLE 170LASER MARKING MARKET: DEGREE OF COMPETITION189
15.5COMPANY EVALUATION QUADRANT190
15.5.1STARS191
15.5.2EMERGING LEADERS191
15.5.3PERVASIVE PLAYERS191
15.5.4PARTICIPANTS191
FIGURE 48LASER MARKING MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021192
15.6STARTUP/SME EVALUATION QUADRANT, 2021192
15.6.1PROGRESSIVE COMPANIES192
15.6.2RESPONSIVE COMPANIES193
15.6.3DYNAMIC COMPANIES193
15.6.4STARTING BLOCKS193
FIGURE 49LASER MARKING MARKET: STARTUP/SME EVALUATION QUADRANT, 2021193
15.7LASER MARKING MARKET: COMPANY PRODUCT FOOTPRINT194
TABLE 171PRODUCT FOOTPRINT OF COMPANIES194
TABLE 172INDUSTRY FOOTPRINT OF COMPANIES195
TABLE 173PRODUCT TYPE FOOTPRINT OF COMPANIES196
TABLE 174REGIONAL FOOTPRINT OF COMPANIES197
15.8LASER MARKING MARKET: COMPETITIVE BENCHMARKING198
TABLE 175LASER MARKING MARKET: DETAILED LIST OF KEY STARTUPS/SMES198
TABLE 176LASER MARKING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY INDUSTRY199
TABLE 177LASER MARKING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY PRODUCT TYPE199
TABLE 178LASER MARKING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY REGION200
15.9COMPETITIVE SCENARIO AND TRENDS200
TABLE 179LASER MARKING MARKET: PRODUCT LAUNCHES, JANUARY 2020–AUGUST 2022200
TABLE 180LASER MARKING MARKET: DEALS, JANUARY 2020–AUGUST 2022202
16COMPANY PROFILES203
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
16.1KEY PLAYERS203
16.1.1COHERENT, INC.203
TABLE 181COHERENT, INC.: COMPANY OVERVIEW203
FIGURE 50COHERENT, INC.: COMPANY SNAPSHOT204
16.1.2TRUMPF208
TABLE 182TRUMPF: COMPANY OVERVIEW208
FIGURE 51TRUMPF: COMPANY SNAPSHOT209
16.1.3HAN’S LASER TECHNOLOGY CO., LTD.212
TABLE 183HAN’S LASER: COMPANY OVERVIEW212
FIGURE 52HAN’S LASER: COMPANY SNAPSHOT212
16.1.4IPG PHOTONICS CORP.215
TABLE 184IPG PHOTONICS CORP.: COMPANY OVERVIEW215
FIGURE 53IPG PHOTONICS CORP.: COMPANY SNAPSHOT216
16.1.5DANAHER CORP.219
TABLE 185DANAHER CORP.: COMPANY OVERVIEW219
FIGURE 54DANAHER CORP: COMPANY SNAPSHOT220
16.1.6NOVANTA INC.225
TABLE 186NOVANTA INC.: COMPANY OVERVIEW225
FIGURE 55NOVANTA INC.: COMPANY SNAPSHOT2