All equipment used to label, tag, etch, ink, or otherwise mark produced objects is considered marking machinery. Marking may be done on almost any material, including glass, metal, paper, cardboard, and plastic, with different equipment depending on the application. Printers (ink and laser), bar code labelers, hot stamping equipment, and etching machines are some of the most often used marking devices. There is also the usage of laser marking and engraving equipment, scribe marking systems, and stenciling devices.
MARKET SCOPE
The "Global Marking Equipment Market Analysis to 2028" is a specialized and inodepth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the marking equipment market with detailed market segmentation by type, end user, and geography. The report provides key statistics on the market status of the leading marking equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type, the market is segmented as laser marking, and inkjet marking.
- On the basis of end user, the market is segmented as manufacturing, automotive, food and beverage, pharmaceuticals, electronics and electrical, and others.
Drivers
- Detecting contamination and assisting in product recall
- Rising demand from end users
- Stringent regulations regarding the usage of inks for food packaging
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, AsiaoPacific (APAC), the Middle East and Africa (MEA), and South America. The marking equipment market by each region is later subosegmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i. e. , drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the marking equipment market in these regions
IMPACT OF COVID-19 ON MARKING EQUIPMENT MARKET
The outbreak of the COVID-19 has severely impacted the manufacturing industry, which resulted in lower production and sales in the year 2020. Few companies have already announced possible delays in product deliveries and future sales. Significant disruptions experienced by manufacturing and supplyochain operations as a result of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities severely impacted the market growth. However, as economies started to open in 2021, the market is expected to recover accordingly. Overall, the sales were down in 2020, while in the beginning of the 2021 market normalized the sale volume with an increase in manufacturing of marking equipment. Growth in construction industry along with growing application of marking equipment is expected to spur market growth in the post pandemic era.
MARKET PLAYERS
The report covers key developments in the marking equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from marking equipment market is anticipated to lucrative growth opportunities in the future with the rising demand for marking equipment in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the marking equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AMADA WELD TECH
- ALLTEC GmbH
- Ernst REINER GmbH and Co. KG
- FOBA
- Laser Photonics
- Macsa ID
- MARKATOR Manfred Borries GmbH
- Monode Marking Products, Inc.
- SCHMIDT
- TYKMA Electrox, Inc.