Laser Marking Market | What are the upcoming trends in the industry Laser Marking Market | страница 5

Inside of Report
Browse:
 71 market data tables.
 56 figures spread through 154 pages.
 in-depth TOC on "Laser Marking Market - Global Forecast to 2024"
• Fiber laser type is estimated to account for the largest share of the laser marking
market during the forecast period. Features such as high output power, flexible fiber
light, compact size, and high optical quality have contributed to the growth of the fiber
laser segment. A fiber laser uses an optical fiber doped as an active gain medium.
Fiber laser comes in various power modes (continuous wave or modulated modes)
and is suitable for laser marking and engraving applications across the military,
healthcare, semiconductor & electronics, and research verticals.
• The market for the packaging end-user vertical is expected to grow at the highest
CAGR from 2019 to 2024. Majority of the packaging companies have to display
variable data, such as expiration dates and batch and serial numbers, as labels on
the products. Laser markers are perfectly suited for marking at the end of the
production process and can be used on several materials, including cardboard,
paper, and polymer. Marking with laser systems is a contactless process, thus
negating any mechanical stress on the packaging. These factors are likely to
contribute to the highest growth rate of the packaging segment as compared to the