Global Laser Scribing Machine Market to Witness Astonishing Growth by 2028

The global laser scribing machine market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The growing demand for unique device identification and in-depth recording during the production process for tracking purposes, asset control, production flow control, and product quality assurance is expected to exacerbate demand for laser scribing machine market. The markings produced by these machines, in particular, fiber laser machines, are durable and do not dry out, even when exposed to heat and harsh chemicals. The growing demand for such equipment in the electronics and defense industries is expected to boost the market growth during the forecast period. Additionally, the laser scribing machine is increasingly being used in a variety of specific industries due to cost efficiency, product variability, and reliability. Managers initiate permanent marking processes on a variety of products to provide proof of identity, tracking, and documentation purposes, particularly in the health and defense sectors. In addition, the automotive and aerospace industry widely embraced the technology. In the automotive industry, markers are used to record serial numbers on tires without changing the shape of the wheel. Compared to traditional recording techniques, laser marking is considered one of the most flexible markings of aircraft parts as it provides high durability.

In addition, the increased demand for custom tagging, recording, and automation in the manufacturing fields may serve as an opportunity for market growth. There are certain obstacles and challenges you face that can hinder market growth. Factors such as safety and health issues, high initial investment, and high operating costs involved in the use of laser scribing machines can disrupt overall market growth.

In May 2019, TYKMA Electrox announced its partnership with Cerakote, a ceramic thin film coating supplier for several applications. The partnership was intended to provide an improved image in Cerakote-based clothing products by combining advanced laser marking capabilities into a variety of 3D objects

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Dyesol, Rofin, Technifor, Scantech, QMC, LPKF SolarQuipment, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Laser Scribing Machine Market Report by Segment

By Type

• Fiber laser scribing machine
• Green (532 nm) laser
• IR laser
• Carbon dioxide laser
• Other

By Application

• PV industry
• Electronics industry
• Photovoltaics industries
• Packaging industries
• Others