Laser Marking Market to Scale New Heights, Estimated Worth of $4.1 Billion by 2027
Based on forecasts, the Laser Marking Market is expected to increase at a substantial compound yearly growth rate (CAGR) of 7.2%, from USD 2.9 billion in 2022 to USD 4.1 billion by 2027. The aforementioned growth trend highlights the growing utilisation of laser marking technology across many industries. Laser marking is a favoured option for marking and engraving applications because to its many benefits, which include excellent precision, longevity, and adaptability. The market is expanding due to factors such increased industrial automation, product traceability requirements, and strict laws governing product labelling and identification. Furthermore, improvements in marking speed, quality, and efficiency brought about by laser technology breakthroughs like fibre lasers are contributing to the market's expansion. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=167085735 The laser marking market is expanding rapidly, mostly due to the increasin