Fiber Laser Marking Machine Market Analysis

The fiber laser marking machine market is segmented and analyzed for demand and supply by end user into machine tools, semiconductor & electronics, automotive, medical & healthcare, aerospace & defense, packaging and others. Out of these, the aerospace & defense segment is expected to garner the highest revenue by 2036. The rising airplanes is surging the need for fiber laser marking machines to mark the components and parts of aircrafts. Recently, as per the International Air Transport Association (IATA), revenue generated by global commercial airlines in 2019 was USD 838 billion. Additionally, the high number of warships in defense across the world is also estimated to fuel the market growth in the forecast period. As per recent statistics, the number of warships in the U.S. grew from 415 in 2019 to 490 in 2020.

Our in-depth analysis of the global market includes the following segments: