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Research Report with COVID-19 Forecasts - Laser Marking Equipment Market 2020-2024 | Rise in Automation to Boost Growth | Technavio - Odessa American: Business

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Research Report with COVID-19 Forecasts - Laser Marking Equipment Market 2020-2024 | Rise in Automation to Boost Growth | Technavio

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Posted: Friday, May 22, 2020 5:16 pm | Updated: 5:45 pm, Fri May 22, 2020.

LONDON--(BUSINESS WIRE)--May 22, 2020--

Technavio has been monitoring the laser marking equipment market and it is poised to grow by USD 795.04 million during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200522005335/en/

Technavio has announced its latest market research report titled Global Laser Marking Equipment Market 2020-2024 (Photo: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Amonics Ltd., Coherent Inc., FANUC Corp., IPG Photonics Corp., Jenoptik AG, MKS Instruments Inc., NKT Photonics AS, OMRON Corp., and TRUMPF GmbH + Co. KG. are some of the major market participants. The rise in automation will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rise in automation has been instrumental in driving the growth of the market.

Laser Marking Equipment Market 2020-2024: Segmentation

Laser Marking Equipment Market is segmented as below:

  • Product
    • Fiber Laser Marking Equipment
    • CO2 Laser Marking Equipment
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43054

Laser Marking Equipment Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our laser marking equipment market report covers the following areas:

  • Laser Marking Equipment Market Size
  • Laser Marking Equipment Market Trends
  • Laser Marking Equipment Market Industry Analysis

This study identifies growing coding and marking applications in the packaging industry as one of the prime reasons driving the laser marking equipment market growth during the next few years.

Laser Marking Equipment Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the laser marking equipment market, including some of the vendors such as ABB Ltd., Amonics Ltd., Coherent Inc., FANUC Corp., IPG Photonics Corp., Jenoptik AG, MKS Instruments Inc., NKT Photonics AS, OMRON Corp., and TRUMPF GmbH + Co. KG. Backed with competitive intelligence and benchmarking, our research reports on the laser marking equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Laser Marking Equipment Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist laser marking equipment market growth during the next five years
  • Estimation of the laser marking equipment market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the laser marking equipment market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of laser marking equipment market vendors

Table Of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Fiber laser marking equipment - Market size and forecast 2019-2024
  • CO2 laser marking equipment - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • Amonics Ltd.
  • Coherent Inc.
  • FANUC Corp.
  • IPG Photonics Corp.
  • Jenoptik AG
  • MKS Instruments Inc.
  • NKT Photonics AS
  • OMRON Corp.
  • TRUMPF GmbH + Co. KG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200522005335/en/

CONTACT: Technavio Research

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Email:media@technavio.com

Website:www.technavio.com/

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SOURCE: Technavio Research

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PUB: 05/22/2020 06:15 PM/DISC: 05/22/2020 06:16 PM

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