Laser Marking Machine Market Size Is Projected To Reach USD 5.03 Billion By 2028
San Francisco, 28 Feb 2022: The Report Laser Marking Machine Market Size, Share & Trends Analysis Report By Type (CO2, Fiber, Green, UV, YAG), By Application (Automotive, Aerospace, Medical, Packaging), By Region, And Segment Forecasts, 2021 - 2028 The global laser marking machine market size is estimated to reach USD 5.03 billion by 2028, expanding at a CAGR of 8.0% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising adoption of advanced marking technologies across industries such as machine tools and aerospace and the growing demand for precision marking on manufactured products to improve product’s traceability are some of the factors driving the market growth. Wide-scale applications in the marking of machine tools and equipment especially in the automotive and semiconductor and electronics industries are anticipated to fuel the market demand from 2020 to 2027. Governments are implementing regulations for permanent marking on produ