Daily Technology News

Technology News and Press Release Distribution Services

About US | Contact Us

Home | Technology News | Submit Press Release | Submit RSS Feed
Unlimited Press Release Distribution
Press release distribution service

IT News Media

ComputerWeekly
CIO News
PC World
MacWorld
InfoWorld
Tech Republic
Wall Street Journal Digital
ZDNet
Submit press release to these Tech media distribution list.

Technology News Releases

Laser Marking Market worth $4.1 billion by 2027 at a CAGR of 7.2%

 



(IT-NEWSWIRE.COM, September 20, 2022 ) 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 increasing adoption of laser markers in various industries for traceability and identification of parts and growing adoption of smart manufacturing techniques.



Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735



The market for laser marking services is expected to grow at the highest CAGR from 2022 to 2027. There are additional operational requirements for deploying and maintaining a laser marking system through its lifecycle. The demand for fulfilling such requirements, which include machine set-up and installation services, lifecycle services, maintenance services, and spare parts supply and upgrade, is rapidly rising with the increasing adoption of laser marking systems.



The market for the UV laser segment is expected to grow at the highest CAGR during the forecast period. This high absorption rate allows UV lasers to perform cold marking, ensuring that no extra heat stress is applied to materials such as gold, silver, and copper with high reflectances. This minimizes soot and burr formation, prevents surface damage, and enables corrosion-resistant marking.



The laser marking market for the annealing segment is expected to grow at the highest CAGR during the forecast period. Annealing is being increasingly adopted in the healthcare industry for internal tracking and branding applications.



The laser marking market for the plastic segment is expected to grow at the highest CAGR during the forecast period. Different plastic materials are used in the automotive, medical, and semiconductor & electronics industries, creating opportunities for the laser marking market.



The laser marking market for the QR codes segment is expected to grow at the second highest CAGR during the forecast period. The high adoption of QR codes as a standard for product identification and accessing information is driving the growth of the laser marking market for QR codes.



The laser marking market for the packaging industry is expected to grow at the highest CAGR during the forecast period. Most packaging companies must display variable data, such as expiration dates and batch and serial numbers, as product labels. Laser markers are perfectly suited for marking at the end of the production process and can be used for several materials, including cardboards, papers, and polymers.



The laser marking market for Asia Pacific is expected to grow at the highest CAGR during the forecast period. China, India, South Korea, and Japan are the major contributors to the growth of the laser marking market in Asia Pacific. The growing manufacturing, automotive, aerospace & defense, and electronics industries are expected to drive the growth of the laser marking market in Asia Pacific.



Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=167085735





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.

MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com



Technology News By Sector
  • Application Development
  • Big Data
  • Desktops
  • Cloud Computing
  • Data Centers
  • Mobile Computing
  • OS
  • Open Source
  • Security
  • Virtualization
  • 
    
    

     Sign-Up To Our Free Newsletter!  
    IT-NewsWire Newsletter
     


    
    
    
    
    Technology Marketplace

    Free Information Technology Magazines, Downloads
    Get free tech publications including magazines and white papers
    Amazon, Inc News Headlines
    Read breaking news about Amazon.com as reported by TV news anchors and summaries news articles from New York Times

    Free Computer Security Magazines
    Download or subscribe to latest IT Security publications -- free of charge.

    Microsoft News
    Microsoft financial and at Work: read news about MSFT hardware, software and services.
    Submit RSS News Feed.
    Have your feed on news, products or services displayed under this marketpalce. The feed is also displayed on a full page and updated daily. Add RSS feed Now!



    Press release distribution services: Submit press release to major media. Unlimited press release service

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

    IT-Newswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2013 GroupWeb Media LLC. All Rights Reserved.


    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    IT-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC