Laser Engraving Machine Market Share, Growth 2024-2032
Based on the product type, the laser engraving machine market can be divided into CO2 laser, fibre laser, diode laser, and YAG laser. On the basis of end-use, the market is segmented into advertising decoration, printing and packaging, leather and apparel, model making, and arts and crafts, among others.
The global market size for laser engraving machine reached a value of more than USD 3.51 billion in 2023. The global laser engraving machine market is expected to grow at a CAGR of 8.3% between 2024 and 2032, reaching a projected value of USD 7.18 Billion by 2032.
Laser Marking Equipment Market to increase by USD 1.23 billion between 2022-2027, the market is segmented by Product (Fiber laser machines, Co2 laser marking equipment, and Others), Application (Machine tools, Electronics and
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