Global Laser Marking Equipment Market - Analysis, Technologies & Forecasts to 2021

The global laser marking equipment market is forecast to grow at a CAGR of 4.93% during the period 2017-2021.The report, Global Laser Marking Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. One trend in the market is increasing number of M&A. The global laser marking equipment market is highly fragmented due to the presence of many local and international vendors, all engaged in intense competition with each other. Therefore, the major players in the market are resorting to acquisitions as a strategy to increase their market shares.According to the report, one driver in the market is rise in automation. Companies are shifting to automation to meet the desired high standards for quality, which is one of the results of globalization and increasing...

The global laser marking equipment market is forecast to grow at a CAGR of 4.93% during the period 2017-2021.

The report, Global Laser Marking Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increasing number of M&A. The global laser marking equipment market is highly fragmented due to the presence of many local and international vendors, all engaged in intense competition with each other. Therefore, the major players in the market are resorting to acquisitions as a strategy to increase their market shares.

According to the report, one driver in the market is rise in automation. Companies are shifting to automation to meet the desired high standards for quality, which is one of the results of globalization and increasing population. Investments in the process automation market in the US are increasing and are projected to reach $30 billion by 2021, indicating a growth rate of approximately 5%. This growth will primarily be witnessed in sectors such as software, hardware, services, technology, and the communication protocol used in automation.

Further, the report states that one challenge in the market is growing need for after-sales services. The importance that laser technology is gaining in manufacturing and other industrial processes is attributed to its productivity and efficiency. However, to ensure that their efficiency and productivity is not compromised, laser machines need continuous maintenance and servicing, which is inhibiting the adoption of these machines among end-users. Even a machine downtime of a few hours can result in heavy losses for businesses. However, vendors often cannot provide such rigorous maintenance and support, leading to customer dissatisfaction.

Key vendors

Other prominent vendors

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/43wm38/global_laser

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