The North America Laser Marking Machine Market would witness market growth of 7.4% CAGR during the forecast period (2021-2027).
The working of a laser marking includes the usage of a focused beam of light to engrave on the surface of a material. After the beam comes in contact with the material’s surface, it changes the material’s appearance & properties. This beam focuses on a target area, which enables the laser marking machine to make accurate, high-contrast, and high-quality engraves that is readable or scan on virtually any surface. Due to this feature, laser marking is apt for applications wherever precision and durability are very important for success.
The rising adoption of laser marking machines in automation procedures for mass manufacturing is estimated to bolster the growth of the laser market machine market. In addition, laser marking systems are apt for marking logos, matrix codes, and bar codes, on approximately every kind of material.
The high adoption rate of the latest technologies and equipment in this region would open new growth prospects for the laser marking machine manufacturers. In addition, the presence of many big giants across this region is estimated to augment the growth of the laser marking machine market in the coming years. With the advancement in technology, several companies are increasingly adopting and investing in modern machines and devices.
This is one of the factors that would support the growth of the laser marking machine in this region. In addition, the strong healthcare system and the strict government norms regarding medical devices and equipment have pushed manufacturers of different medical devices and kits to invest in advanced marking machines to clearly mention all the required information on their products. These aspects would further bolster the growth of the regional laser marking machine market.
The US market dominated the North America Medical Laser Marking Machine Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $87.9 million by 2027. The Canada market is experiencing a CAGR of 10.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 9.5% during (2021 - 2027).
Based on Type, the market is segmented into Fiber Laser, CO2 Laser, Green Laser, UV Laser and Others. Based on Application, the market is segmented into Machine Tool, Electronics & Microelectronics, Medical, Automotive, Aerospace, Packaging, Military and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Laser Marking Machine Market is Estimated to Reach USD 4.7 Billion by 2027 at a CAGR of 7.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Han's Laser Technology Industry Group Co., Ltd., Telesis Technologies, Inc., Videojet Technologies, Inc. (Danaher Corporation), Trotec Laser GmbH (Trodat), Epilog Laser, 600 Group PLC (TKMA Electrox, Inc.), MECCO, LaserStar Technologies Corporation and Gravotech Marking.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Fiber Laser
- CO2 Laser
- Green Laser
- UV Laser
- Others
By Application
- Machine Tool
- Electronics & Microelectronics
- Medical
- Automotive
- Aerospace
- Packaging
- Military
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Han's Laser Technology Industry Group Co., Ltd.
- Telesis Technologies, Inc.
- Videojet Technologies, Inc. (Danaher Corporation)
- Trotec Laser GmbH (Trodat)
- Epilog Laser
- 600 Group PLC (TKMA Electrox, Inc.)
- MECCO
- LaserStar Technologies Corporation
- Gravotech Marking
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Laser Marking Machine Market, by Type
1.4.2 North America Laser Marking Machine Market, by Application
1.4.3 North America Laser Marking Machine Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Jun – 2021, Jun) Leading Players
Chapter 4. North America Laser Marking Machine Market by Application
4.1 North America Machine Tool Laser Marking Machine Market by Country
4.2 North America Electronics & Microelectronics Laser Marking Machine Market by Country
4.3 North America Medical Laser Marking Machine Market by Country
4.4 North America Automotive Laser Marking Machine Market by Country
4.5 North America Aerospace Laser Marking Machine Market by Country
4.6 North America Packaging Laser Marking Machine Market by Country
4.7 North America Military Laser Marking Machine Market by Country
4.8 North America Other Application Laser Marking Machine Market by Country
Chapter 5. North America Laser Marking Machine Market by Type
5.1 North America Fiber Laser Marking Machine Market by Country
5.2 North America CO2 Laser Marking Machine Market by Country
5.3 North America Green Laser Marking Machine Market by Country
5.4 North America UV Laser Marking Machine Market by Country
5.5 North America Others Laser Marking Machine Market by Country
Chapter 6. North America Laser Marking Machine Market by Country
6.1 US Laser Marking Machine Market
6.1.1 US Laser Marking Machine Market by Application
6.1.2 US Laser Marking Machine Market by Type
6.2 Canada Laser Marking Machine Market
6.2.1 Canada Laser Marking Machine Market by Application
6.2.2 Canada Laser Marking Machine Market by Type
6.3 Mexico Laser Marking Machine Market
6.3.1 Mexico Laser Marking Machine Market by Application
6.3.2 Mexico Laser Marking Machine Market by Type
6.4 Rest of North America Laser Marking Machine Market
6.4.1 Rest of North America Laser Marking Machine Market by Application
6.4.2 Rest of North America Laser Marking Machine Market by Type
Chapter 7. Company Profiles
7.1 Han's Laser Technology Industry Group Co., Ltd.
7.1.1 Company Overview
7.2 Telesis Technologies, Inc.
7.2.1 Company Overview
7.3 Videojet Technologies, Inc. (Danaher Corporation)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Trotec Laser GmbH
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Acquisition and Mergers:
7.4.2.2 Product Launches and Product Expansions:
7.5 Epilog Laser
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.5.2.2 Geographical Expansions:
7.6 600 Group PLC (TYKMA Electrox, Inc.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Partnerships, Collaborations, and Agreements:
7.6.4.2 Product Launches and Product Expansions:
7.7 MECCO
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Acquisition and Mergers:
7.7.2.2 Product Launches and Product Expansions:
7.8 LaserStar Technologies Corporation
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Gravotech Marking
7.9.1 Company Overview
TABLE 1 North America Laser Marking Machine Market, 2017 - 2020, USD Million
TABLE 2 North America Laser Marking Machine Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Laser Marking Machine Market
TABLE 4 Product Launches And Product Expansions– Laser Marking Machine Market
TABLE 5 Acquisition and Mergers– Laser Marking Machine Market
TABLE 6 Geographical Expansions– Laser Marking Machine Market
TABLE 7 North America Laser Marking Machine Market by Application, 2017 - 2020, USD Million
TABLE 8 North America Laser Marking Machine Market by Application, 2021 - 2027, USD Million
TABLE 9 North America Machine Tool Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Machine Tool Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Electronics & Microelectronics Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Electronics & Microelectronics Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Medical Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Medical Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Automotive Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Automotive Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Aerospace Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Aerospace Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Packaging Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Packaging Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Military Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Military Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Other Application Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Other Application Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Laser Marking Machine Market by Type, 2017 - 2020, USD Million
TABLE 26 North America Laser Marking Machine Market by Type, 2021 - 2027, USD Million
TABLE 27 North America Fiber Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Fiber Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 29 North America CO2 Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 30 North America CO2 Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Green Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Green Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 33 North America UV Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 34 North America UV Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Others Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Others Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Laser Marking Machine Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Laser Marking Machine Market by Country, 2021 - 2027, USD Million
TABLE 39 US Laser Marking Machine Market, 2017 - 2020, USD Million
TABLE 40 US Laser Marking Machine Market, 2021 - 2027, USD Million
TABLE 41 US Laser Marking Machine Market by Application, 2017 - 2020, USD Million
TABLE 42 US Laser Marking Machine Market by Application, 2021 - 2027, USD Million
TABLE 43 US Laser Marking Machine Market by Type, 2017 - 2020, USD Million
TABLE 44 US Laser Marking Machine Market by Type, 2021 - 2027, USD Million
TABLE 45 Canada Laser Marking Machine Market, 2017 - 2020, USD Million
TABLE 46 Canada Laser Marking Machine Market, 2021 - 2027, USD Million
TABLE 47 Canada Laser Marking Machine Market by Application, 2017 - 2020, USD Million
TABLE 48 Canada Laser Marking Machine Market by Application, 2021 - 2027, USD Million
TABLE 49 Canada Laser Marking Machine Market by Type, 2017 - 2020, USD Million
TABLE 50 Canada Laser Marking Machine Market by Type, 2021 - 2027, USD Million
TABLE 51 Mexico Laser Marking Machine Market, 2017 - 2020, USD Million
TABLE 52 Mexico Laser Marking Machine Market, 2021 - 2027, USD Million
TABLE 53 Mexico Laser Marking Machine Market by Application, 2017 - 2020, USD Million
TABLE 54 Mexico Laser Marking Machine Market by Application, 2021 - 2027, USD Million
TABLE 55 Mexico Laser Marking Machine Market by Type, 2017 - 2020, USD Million
TABLE 56 Mexico Laser Marking Machine Market by Type, 2021 - 2027, USD Million
TABLE 57 Rest of North America Laser Marking Machine Market, 2017 - 2020, USD Million
TABLE 58 Rest of North America Laser Marking Machine Market, 2021 - 2027, USD Million
TABLE 59 Rest of North America Laser Marking Machine Market by Application, 2017 - 2020, USD Million
TABLE 60 Rest of North America Laser Marking Machine Market by Application, 2021 - 2027, USD Million
TABLE 61 Rest of North America Laser Marking Machine Market by Type, 2017 - 2020, USD Million
TABLE 62 Rest of North America Laser Marking Machine Market by Type, 2021 - 2027, USD Million
TABLE 63 Key Information – Han's Laser Technology Industry Group Co., Ltd.
TABLE 64 Key Information – Telesis Technologies, Inc.
TABLE 65 Key Information – Videojet Technologies, Inc.
TABLE 66 Key Information – Trotec Laser GmbH
TABLE 67 Key Information – Epilog Laser
TABLE 68 Key Information – 600 Group PLC
TABLE 69 Key Information – MECCO
TABLE 70 Key Information – LaserStar Technologies Corporation
TABLE 71 Key Information – Gravotech Marking
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: Trotec Laser GmbH (Trodat)
FIG 6 Recent strategies and developments: Epilog Laser
FIG 7 Recent strategies and developments: 600 Group PLC (TKMA Electrox, Inc.)
FIG 8 Recent strategies and developments: MECCO