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.
New York, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Laser Marking Market by Laser Type, Industry, Offering, Application, Method, Material and Region - Global Forecast to 2027" - https://www.reportlinker.com/p05792000/?utm_source=GNW 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. Read the full report: https://www.reportlinker.com/p05792000/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
Carly is staying on top of the story and reports that there is “no immediate fix.” Eyeing that sweet capital: Manish has a scoop that Uniswap Labs, a decentralized exchange, is going after over $100 million in new funding. Stream on: YouTube TV is offering a new à la carte option that enables subscribers to purchase stand-alone networks without subscribing to the full channel lineup in its Base plan, Lauren reports.
(Bloomberg) -- One of Apple Inc.’s most senior executives is leaving after he turned up in a viral video on TikTok making an off-color joke that he fondles “big-breasted women” for a living.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMeta to Cut Headcount for First Time, Slash Budgets Across TeamsMarjorie Taylor Greene’s Husband Files for Divorce After 27 YearsPutin Says Annexation
Endeavor Holding Group CEO Ari Emanuel is reportedly seeking a settlement in the ongoing lawsuit between Twitter and Elon Musk, as Musk's personal texts reveal his communications ahead of his initial buyout proposal.
New research based on the life-cycle model says that people should strive for a consistent standard of living through their lives.
Semiconductor stocks have tumbled in recent months amid flagging demand, with the S&P Semiconductors Select Industry Index dropping 36% year to date. Bank of America analysts recently discussed their favorite choices in the sector.
Chevron Corp (NYSE: CVX) has sold its current California headquarters and plans to move into a leased space about one-third of the size. The company's main offices have resided in California for more than 140 years. The oil giant closed the sale of its Chevron Park campus in San Ramon, California, its global headquarters for two decades, to Sunset Development Co. Chevron also signed a lease for nearly 400,000 square feet of space in a nearby office building that could house about 2,000 employees
Motley Fool contributor Jason Hall talks about why he owns QuantumScape (NYSE: QS) stock. This battery technology innovator could hold the key to solid-state batteries. Find out what these groundbreaking batteries could mean for electric vehicles and more in the video.
Exxon is arguing against the push to get energy companies to slow overseas shipments and stash more fuel in storage tanks.
Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures new and old on the cable and wireless industries.
(Bloomberg) -- Senior Biden administration officials pressed executives from some of the largest US gasoline producers to curtail overseas sales during a tense meeting Friday afternoon, suggesting that without voluntary action, the government could force the industry to stockpile more fuel in US tanks.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandTop Apple Executive Is Leaving After Making Crude Remarks in TikTok VideoMeta to Cut Headcount for First Time,
From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and WHD will make the most of the favorable business scenario.
Yahoo Finance's Brad Smith breaks down leading business headlines, including leadership changes at Apple and Disney as well as Google winding down its cloud gaming service Stadia.
Tesla's billionaire CEO is resentful, never failing to remind his opponents of their past battles.
UnitedHealth Group stock has been outperforming for months as it ignores the weakness in the broader market averages. Previous tests of the 200-day moving average line were buying opportunities in October and May and June. UNH is again testing the rising 200-day line but the result could be different -- the trading volume has increased in September as prices pulled back and this could be a sign that traders are voting with their feet.
In the weeks after Russia's invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni, embarked on a whirlwind of trips to gas suppliers in Africa. The visits included meetings with officials in Algeria in February plus talks in Angola, Egypt and Republic of Congo in March, with Descalzi often accompanied by senior Rome officials, according to company and government releases. State-controlled Eni and Italy were able to leverage existing supply relationships with those nations to secure extra gas to replace a large part of the volumes it received from its top supplier Russia.
Oil markets were relatively unscathed by Hurricane Ian, but another bullish catalyst is already looming over oil prices
ASML stock is down over 45% on the fear that there might be a decrease in semiconductor equipment spending.
Social Security benefits can provide you with a stream of retirement income that is reliable. Deciding when to take benefits is an important question, especially if you're married and hope to qualify for spousal benefits. If you're already taking Social … Continue reading → The post Rules for Switching Social Security Benefits appeared first on SmartAsset Blog.
JPMorgan Chase & Co plans to hire about 2,000 engineers worldwide through the end of the year despite a worsening economy, its global chief information officer, Lori Beer, said on Wednesday. The biggest U.S. lender added a net more than 5,000 software developers and data scientists last year and aims to attract a couple thousand more at a time when technology giants have stopped hiring or are cutting jobs. "We're definitely still hiring," Beer said in an interview at the bank’s office in Plano, Texas, at DevUp, an internal JPMorgan conference gathering 500 of the company's top engineers.
Concerns over demand for Apple products and services caused an ugly day for Big Tech on Wall Street.