Laser Drilling, Cutting, Marking And Engraving Market (2013-2018)

The laser applications such as ranging, targeting, spectroscopy, and microscopy, the principle of these applications were either the exploration/measurement of distances or the scientific/laboratory experiments. None of the above mentioned application promoted laser technology on the commercial front such as laser processing. However, with the technological developments, lasers became dense, vigorous, and versatile. Such developments triggered the industrial and commercial applications such as; micro-machining, modeling, precise sculpting, shaping & sizing objects and materials, and contactless imprinting which now are collectively referred to as laser processing applications. The major driving forces of the market are government regulations for compulsory use of laser marking, outclassing every other substitute tools, demand for the aesthetics, emerging application in oil and gas exploration field, and the introduction of direct diode lasers. The restraints of the market are high initial investment and high maintenance cost, euro zone crisis, and rare earth elements mining. This research report segment the laser drilling, cutting, marking and engraving market by technology, by laser processing technique, by machine configuration and by vertical, the machine configuration define the supply side market, therefore verticals, applications, and geography segments define the demand side market. The market classified by technology as gas laser, solid state laser and semiconductor lasers while vertical involve in this market are architecture, commercial, genera machine tools, semiconductor and consumer electronics. The research report also segments the laser processing market by geography such as; North America, Europe, APAC, and ROW. Further, major countries contributing to the market are analyzed with detailed representation of value and volume data. The major companies covered in the report are; Epilog Laser (U.S.), Universal Laser Systems (U.S.), Trotec Laser, Inc (U.S.), Needham-laser (U.K.), SEI Laser (Italy), Eurolaser (Germany), LaserStar (U.S.), and Xenetech Global, Inc (U.S.). Source: Expert Interviews, Government Authorities, Related associations/Institutes, Related Research Publication, Government Publication, Company Press Release, Company Annual Reports, Company Website, Company Publication, SEC Filings, Meticulous Analysis.