Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2,900.84 million | USD 6,186.62 million | 9.93% | 2022 |
FrequentlyAsked Questions
A laser engraving machine is a technology used for the process of laser engraving. It deals with leaving permanent marks, designs, or letters, signs, or symbols with the help of intense laser beams.
The global laser engraving machine market is projected to grow owing to the increasing applications of the technology in the C&B industry.
According to study, the global laser engraving machine market size was worth around USD 2,900.84 million in 2022 and is predicted to grow to around USD 6,186.62 million by 2030.
The CAGR value of laser engraving machine market is expected to be around 9.93% during 2023-2030.
The global laser engraving machine market is led by Asia-Pacific.
The global laser engraving machine market is led by players like Han's Laser Technology Industry Group Co., Ltd., Gravotech Group, TRUMPF Group, Trotec Laser GmbH, GCC LaserPro, Epilog Laser, Roland DGA Corporation, Universal Laser Systems, Inc., Rofin-Sinar Laser GmbH, Eurolaser GmbH, Aeon Laser, FOBA - Alltec GmbH, Thunder Laser, Bodor Laser, Vytek Laser Systems, Mehta Cad Cam Systems Pvt. Ltd., CamFive Laser, Kern Laser Systems, Redsail Tech Co., Ltd., and SISMA S.p.A.
The report explores crucial aspects of the laser engraving machine market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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