The current Bank of England base interest rate sits at 2.25% but it is set to soar
Dublin, Oct. 06, 2022 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.
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 methods is expected to hold the 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.
The 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 the 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.
Higher Performance of Laser Markers Over Traditional Material Marking Techniques
Increasing Adoption of Laser Markers in Various Industries
Growing Adoption of Smart Manufacturing Techniques
Shift Toward Production of Nanodevices and Microdevices
Growing Adoption of Advanced Laser Marking Technologies
Increasing Trend of Personalized Gifts
Environmental Concerns Associated with Use of Rare-Earth Elements
Technical Complexities Related to High-Power Lasers
6 Laser Marking Market, by Offering
7 Laser Marking Market, by Laser Type
8 Laser Marking Market, by Product Type
9 Laser Marking Market, by Machine Type
10 Laser Marking Market, by Method
11 Laser Marking Market, by Material
12 Laser Marking Market, by Application
13 Laser Marking Market, by Industry
14 Laser Marking Market, by Region
Han's Laser Technology Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/vz9ab5
FRANKFURT (Reuters) -The world's central bankers are caught up in a race to curb inflation that only the Federal Reserve can stop. The U.S. central bank has embarked on its most aggressive policy tightening cycle for four decades, raising interest rates by 3 percentage points since January to slow runaway inflation. That has left policymakers elsewhere with a tough choice: keep up with the Fed at the risk of hurting your own economy or watch your currency and bonds collapse as investors switch to dollars.
A voluntary scheme is expected to start in November which will alert people when savings are needed.
Registered users in the UK swelled to over 3.2million by August 2022
Investors asses the latest developments in the global economy after a volatile week of trading in financial markets.
National Grid has said blackouts could occur this winter but remains ‘ unlikely’.
The Labour mayor wrote to Transport Secretary Anne-Marie Trevelyan.
The National Grid Electricity System Operator has outlined a scenario which could see the need for three-hour outages.
Global High Potency API Contract Manufacturing Market Global High Potency API Contract Manufacturing Market Dublin, Oct. 06, 2022 (GLOBE NEWSWIRE) -- The "High Potency API Contract Manufacturing Market Size, Share & Trends Analysis Report by Product Type (Innovative, Generic), by Dosage Form (Injectable, Creams), by Application, by Synthesis, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.The global high potency API contract manufacturing market size
Volkswagen is planning a significant investment in a joint venture in China for software production, sources with knowledge of the matter said on Thursday. An official announcement is expected next week, one person close to negotiations said. Two sources said the investment would be above 1 billion euros ($990.60 million).
Our writer runs his slide rule over the BP share price and considers why it has been rising. Could now be the time to add it to his portfolio? The post What’s going on with the BP share price? appeared first on The Motley Fool UK.
Global Ferrocement Market, By Application (Housing, Marine, Agriculture, Rural Energy, Water Supply & Sanitation, Others), By Manufacturing Process (Hand Plastering, Semi Mechanized, Guniting, Centrifuging), By Region, Competition Forecast & Opportunities, 2027New York, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Ferrocement Market, By Application, By Manufacturing Process, By Region, Competition Forecast & Opportunities, 2027" - https://www.rep
UAE In-Vitro Fertilization Market UAE In-Vitro Fertilization Market Dublin, Oct. 06, 2022 (GLOBE NEWSWIRE) -- The "UAE In-Vitro Fertilization Market By Technique, By Reagent, By Instrument, By Infertility, By Embryo, By Application, By End-User, By Region, Competition, Forecast & Opportunities, 2017-2027" report has been added to ResearchAndMarkets.com's offering.UAE In-Vitro Fertilization (IVF) market stood at USD 231.57 Million in 2021 and is expected to reach a CAGR of 9.64% during the foreca
Rail firm has been criticised after reducing train services and releasing tickets only a few days in advance
Anglo American's share price looks cheap at current levels. Royston Wild explains why now could be a good time to buy the battered FTSE 100 share. The post 7.7% dividend yield! Is Anglo American’s share price too cheap to miss? appeared first on The Motley Fool UK.
Chancellor must top up budgets or face industrial action and further recruitment issues, thinktank warns
Rail regulator the Office of Rail and Road commissioned a study of rail industry employment costs.
Registered users in the UK swelled to over 3.2million by August 2022
Just days after escaping one rebellion by Tory MPs, Liz Truss was facing another brewing mutiny in the corridors of Birmingham’s ICC this week.
Global Surface Disinfectant Market Global Surface Disinfectant Market Dublin, Oct. 07, 2022 (GLOBE NEWSWIRE) -- The "Surface Disinfectant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.The global surface disinfectant market size reached US$ 5.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 7.6 Billion by 2027, exhibiting a CAGR of 6.87% during 2021-2027.Surface d
Major players in the chemical as a service market are Sphera Solutions, Henkel AG & Co. KGaA, Safechem Europe Gmbh, CSC JÄKLECHEMIE GmbH & Co. KG, Polikem S. a. s. , Quaker Chemical, Hidrotecnik, BASF SE, Haas TCM, and PPG Industries.New York, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Chemical As A Service Global Market Report 2022" - https://www.reportlinker.com/p06325410/?utm_source=GNW The global chemical as a service market is expected to grow fr