Laser technology refers to a device that will emit light through a method of optical amplification based on the stimulated emission of electromagnetic radiation. It is a narrow beam of concentrated light that has been produced by a special machine. It has been used for cutting very hard materials, and in many technical fields such as surgery and telecommunications. It is used to give high accuracy results in measuring small and large distances. The main types of laser technology are solid laser, liquid laser, and gas laser. Liquid lasers are optically pumped lasers in which the gain medium is a liquid at room temperature. The applications of laser technology include laser processing, optical communications, and other applications. The various end-users of laser technology include telecommunications, industrial, semiconductor and electronics, commercial, aerospace and defense, automotive, medical, research, and other end-users. The laser technology market research report is one of a series of new reports from The Business Research Company that provides laser technology market statistics, including laser technology industry global market size, regional shares, competitors with a laser technology market share, detailed laser technology market segments, market trends and opportunities, and any further data you may need to thrive in the laser technology industry. This laser technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global laser technology market size grew from $12.52 billion in 2022 to $13.82 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The laser technology market size is expected to grow to $20.11 billion in 2027 at a CAGR of 9.8%. Increased usage of consumer electronic gadgets is expected to propel the growth of the laser technology market going forward. Consumer electronics refer to electronic devices such as smartphones, television, and computers. Laser technology helps provide innovative solutions for the manufacturing of consumer electronics. For instance, in October 2021, according to The Economic Times, an Indian business newspaper, India has the highest mobile data consumption rate at 12 Gigabytes or GB per user a month in the world, and the country is adding 25 million new smartphone users every quarter. Therefore, increased usage of consumer electronic gadgets is expected to boost demand for laser technology solutions during the forecast period. Strategic collaborations are a key trend gaining popularity in the laser technology market. Companies operating in laser technology services are undergoing partnerships to enhance their new product development activities through mutual sharing of technologies and strengthen their market position. For instance, in February 2022, Trumpf, a German-based laser technology company, partnered with Marvel Fusion, a German-based startup developing a revolutionary fusion technique based on Chirped Pulse Amplification (CPA) lasers. This collaboration hopes to speed the development of their revolutionary fusion technology. Further, in March 2022, Tematys, a Scottish-based laser technology company collaborated with Chromacity, a UK-based manufacturer of compact femtosecond laser solutions and tunable optical parametric oscillators. This collaboration hopes to increase sales of its "ultrafast" technology to industrial companies in France. In January 2021, TRUMPF, a German based industrial machine manufacturing company has acquired an 80% stake in Active Fiber Systems GmbH (AFS), for an undisclosed amount. With this acquisition, TRUMPF plans to retain the AFS location in Jena and build on the research-driven company’s independent standing after finalizing the takeover as majority stakeholder. AFS is a Germany based company, develops, and manufactures ultrashort-pulse laser systems and fiber laser systems used primarily in science and research. Major players in the laser technology market are Trumpf lasers, Lumentum Operations LLC, Jenoptik AG, Novanta Photonics, Lumibird, Laser Star, Epilog Laser, Han’s Laser Technology Co., Ltd., MKS Instruments Inc., Gravotech Marking SAS, Lumenis Ltd., Toptica Photonics AG, Solaris Laser SA, Optotek and Medical, Alltec GmbH. Asia-Pacific was the largest region in the laser technology market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the laser technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the laser technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The laser technology market consists of sales of gas laser, solid-state laser, fiber lasers, dye lasers, and semiconductor laser. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global laser technology market is segmented - 1) By Type: Solid Laser, Liquid Laser, Gas Laser 2) By Application: Laser Processing, Optical Communications, Other Applications 3) By End-User Industry: Telecommunications, Industrial, Semiconductor and Electronics, Commercial, Aerospace and Defense, Automotive, Medical, Research, Other End-Users

A machine is an equipment with several moving parts that are mechanically, electrically, or electronically operated to perform a specific task. The main types of machinery are automatic and semi-automatic. Automatic machinery refers to machinery that works automatically without human intervention. The specificities are small, medium, and large. The various applications are automotive, precision engineering, transport, and other applications. The machinery market research report is one of a series of new reports from The Business Research Company that provides machinery market statistics, including machinery industry global market size, regional shares, competitors with a machinery market share, detailed machinery market segments, market trends, and opportunities, and any further data you may need to thrive in the machinery industry. This machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global machinery market grew from $3,542.77 billion in 2022 to $3,810.37 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The machinery market is expected to grow to $4,928.07 billion in 2027 at a CAGR of 6.6%. Rapid advances in technology are expected to drive innovation in machinery manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence, and big data analytics are being used in manufacturing thus resulting in higher productivity, lower operating costs, and higher margins. For instance, according to a global survey by The Economist Intelligence Unit, about 90% of corporate executives felt that artificial intelligence (AI) will have a positive impact on a company’s growth and 86% of respondents considered that AI will help improve productivity. Lower operating costs lead to higher margins, this allows companies to increase product portfolios and enter new markets by making investments made through cost savings. IoT applications are also being integrated into these devices to enable services such as remote monitoring, and central feedback systems and to offer other services. Mobile applications, advanced sensors, and embedded software also created new opportunities for companies in this market. These factors are expected to drive the machinery manufacturing market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the machinery manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the machinery manufacturing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. HVAC systems are being integrated with building automation systems for the overall management of a building to maximize energy efficiency. BAS receives analog or digital inputs from the sensors installed in HVAC and the integrated system is managed by a single dashboard accessed from a computer. These integrated systems improve building performance, save energy, and shrink the environmental footprint. HVAC systems account for 60-70% of the total energy consumption of a typical commercial building, thus integrated systems enable commercial establishments to reduce power consumption. For example, advanced BAS technology integrates lighting, water, elevators, security, and HVAC systems into a single automated platform. An integrated lighting and HVAC system automatically controls the lighting and temperature to ideal levels, thus reducing energy consumption and costs. GE and Trane are offering solutions that integrate HVAC with BAS. Major companies in the machinery market include Caterpillar Inc., Deere & Company, Hitachi Ltd., Mitsubishi Heavy Industries Ltd., Komatsu Ltd., Johnson Controls International plc, Gree Electric Appliances Inc., Midea Group co Ltd., Canon Inc., and Tetra Laval International S.A. The Asia-Pacific was the largest region in the machinery market in 2022. Western Europe was the second largest region in the machinery market. The regions covered in the this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the machinery market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The machinery market consists of sales of industrial and commercial machinery such as farm machinery and equipment, construction machinery, oil and gas field and underground mining machinery and equipment, food and beverage manufacturing machinery, semiconductor manufacturing machinery, sawmill and woodworking machinery (except handheld), printing and binding machinery and equipment, photographic and photocopying equipment, automatic vending machinery, commercial laundry and dry-cleaning machinery, office machinery, automotive maintenance equipment (except mechanics' hand tools), commercial-type cooking equipment and machinery for making paper products, textiles, plastic products, rubber products and optical instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. the value of goods in this market includes related services sold by the creators of the goods. The machinery market is segmented into agriculture, construction, and mining machinery; industrial machinery; commercial and service industry machinery; ventilation, heating, air-conditioning, and commercial refrigeration equipment; metalworking machinery; engine, turbine, and power transmission equipment; and other general purpose machinery. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global machinery market is segmented - 1) By Type: Automatic, Semi-Automatic 2) By Capacity: Small, Medium, Large 3) By Application: Automotive, Precision Engineering, Transport, Other Applications Subsegments Covered: Construction Machinery, Agricultural Implement, Mining And Oil And Gas Field Machinery, Woodworking And Paper Machinery, Other Industrial Machinery, Printing Machinery And Equipment, Semiconductor Machinery, Food Product Machinery, Other Commercial And Service Industry Machinery, Photographic And Photocopying Equipment, Optical Instrument And Lens, HVAC And Commercial And Industrial Refrigeration Equipment, Commercial Fan And Air Purification Equipment, Heating Equipment (except Warm Air Furnaces), Special Die And Tool, Die Set, Jig, And Fixture, Machine Tool, Industrial Mold, Rolling Mill And Other Metalworking Machinery, Cutting Tool And Machine Tool Accessory, Commercial Internal Combustion Engines, Turbine And Turbine Generator Set Units, Mechanical Power Transmission Equipment, Speed Changer, Industrial High-Speed Drive, And Gear

Laser processing refers to laser processing as the use of a laser beam projection to the surface of a material produced by a thermal effect to complete the processing, which includes laser welding, laser cutting, surface modification, laser marking, laser drilling, and micro processing. Laser beams are used to perform various materials such as punching, cutting, scribing, welding, and heat treatment because lasers can adapt to any material's process. The main types of laser processing are gas laser, liquid laser, solid laser, and other types. The gas laser refers to a laser that generates light by passing an electric current through a gas via a process known as population inversion. Helium-neon lasers are often utilized in physics labs and other educational settings and tend to be the least expensive. The main applications of laser processing include cutting, welding, drilling, micro processing, marking and engraving, and other applications. The end-users of laser processing include aerospace and defense, automotive, healthcare, machine tools, architecture, electronics and microelectronics, and other end-user industries. The laser processing market research report is one of a series of new reports from The Business Research Company that provides Laser processing market statistics, including laser processing industry global market size, regional shares, competitors with an laser processing market share, detailed laser processing market segments, market trends and opportunities, and any further data you may need to thrive in the laser processing industry. This laser processing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global laser processing market size grew from $16.57 billion in 2022 to $18.46 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The laser processing market size is expected to grow to $26.69 billion in 2027 at a CAGR of 9.7%. The increasing applications of lasers in medical devices and surgeries are significantly contributing to the growth of the laser processing market. Medical lasers are utilized in medical procedures in various specialties, including ophthalmology, dermatology, plastic surgery, and dental surgeries, as well as in intraabdominal, cardiothoracic, neurologic, gynecologic, and urologic procedures. Lasers facilitate a source of focused, coherent light capable of transmitting intense energy to a precise location. For instance, in 2022, according to a report published by Biospace, a leading online source for biotechnology jobs, cataract statistics in the U.K., 330,000 cataract operations are conducted every year in the country. Moreover, 30% of people aged 65 years and above are expected to have a cataract in one or both eyes. In 2020, in the U.S., around 718,000 surgeries are projected to be performed. In Europe, around 757,000 laser eye surgeries are likely to be performed by 2020. Therefore, the increasing usage of laser in medical devices and surgeries is expected to boost the demand for laser processing solutions during the forecast period. Technological advancements are a key trend gaining popularity in the laser processing market. Many companies operating in laser processing are developing new products or new technologies to meet industry demand and strengthen their market position across the globe. For instance, in September 2021, TRUMPF, a German-based industrial machine manufacturing company launched 2D laser cutting machine, TruLaser 1000 which guaranteed up to 70% feed rate and with its effective cooling, it produces with high processing quality. Due to its ease of use and a wide variety of materials, it is ideal for beginners and companies who want to increase their production capacity. In 2022, TRUMPF, a German-based industrial machinery manufacturing company acquired an 80% stake in Active Fiber Systems GmbH (AFS) for an undisclosed amount. With this acquisition, TRUMPF can leverage AFS's laser systems to generate extremely short-wavelength light with high coherence, as well as for biomedical imaging and materials processing. Active Fiber Systems GmbH German-based manufacturer of ultrashort-pulse laser systems and fiber laser systems for science and research applications. Major players in the laser processing market are Coherent, Inc., TRUMPF, Inc., Han’s Laser, IPG Photonics, Jenoptik Group, Lumentum, Gravotech Marking SAS, LaserStar, LUMIBIRD, Epilog Laser, Altec GmbH, Alpha Nov laser, Amada Co., Ltd., Bystronic Laser AG, LUMIBIRD, and Prima Industrie S.p.A. Asia-Pacific was the largest region in the laser processing market in 2022, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the laser processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the laser processing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The laser processing market includes revenues earned by entities by providing services such as surface modification, precision welding, micro-drilling . The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global laser processing market is segmented - 1) By Type: Gas Laser, Liquid Laser, Solid Laser, Other Types 2) By Application: Cutting, Welding, Drilling, Microprocessing, Marking and Engraving, Other Applications 3) By End-Use Industry: Aerospace and Defense, Automotive, Healthcare, Machine Tools, Architecture, Electronics and Microelectronics, Other End User Industries

The industrial label refers to a material that is used to identify equipment and provide visual or textual information regarding use or risks. These are durable and strongly resistant to heat, light, moisture, corrosive solvents, and other environmental factors that can cause labels to fade, crack, rip, or peel. The majority of industrial labelling applications demand long-term legibility in harsh physical environments. The main types of industrial labels are warning or security labels, branding labels, weatherproof labels, equipment asset tags, and others. The warning labels involve marked and visible safety, and warning labels will keep individuals who are vulnerable aware of the potential hazards, whether they're harmful parts of work equipment or a product itself. The different raw materials include metal labels, plastic or polymer labels, and involve various mechanisms such as pressure-sensitive, glue-applied, heat transfer, and other mechanisms. The different printing technologies include digital printing, lithography, flexography, screen printing, and others and are used in transportation, construction, automotive, consumer durables, and other end users. The industrial labels market research report is one of a series of new reports from The Business Research Company that provides industrial labels market statistics, including industrial labels industry global market size, regional shares, competitors with an industrial labels market share, detailed industrial labels market segments, market trends and opportunities, and any further data you may need to thrive in the industrial labels industry. This industrial label market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global industrial labels market size grew from $53.7 billion in 2022 to $58.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial labels market size is expected to grow to $76.95 billion in 2027 at a CAGR of 7.1%. The rapid rise of e-commerce is significantly contributing to the growth of the industrial label market. E-commerce refers to conducting business activities and transactions over the internet. It includes internet-based activities such as product purchasing and selling, as well as monetary transactions. With the rise of online shopping, there is a greater demand for a variety of labels and packaging. For instance, in November 2021, according to the Census Bureau of the Department of Commerce, a US-based government agency, in the third quarter of 2021, e-commerce sales increased by 6.6% over the third quarter of 2020. Therefore, the rapid rise of e-commerce drives the industrial label market moving forward. Strategic partnerships are the key trend gaining popularity in the industrial label market. Major companies operating in the industrial label market are undergoing partnerships to strengthen their position. For instance, in January 2022, Brother Mobile Solutions, a US-based provider of mobile, desktop, and industrial printing, labeling, and safety signage solutions, partnered with TEKLYNX, a US-based provider of barcode label software solutions. This partnership aims to bring enterprises the most advanced tools to design and print barcode labels easily and to industry standards. Furthermore, in September 2021, Mark Andy, a US-based innovator of narrow- and mid-web printing and finishing equipment, partnered with UPM Raflatac, a Finland-based provider of industrial labels. This partnership aims to deliver digital label printing technologies to digital converters. In January 2020, CCL Industries Inc., a Canada-based provider of specialty label, security, and packaging solutions, acquired Eti-Textil for a deal amount of $19.6 million. With this acquisition, Eti-Textil contributes a comprehensive range of labeling products and services, including RFID, while expanding ALS' operational footprint in Liberia and North Africa. ETI-TEXTIL is a Spain-based label manufacturer that provides identification and coding solutions to the textile, apparel, footwear, and leather industries. Major players in the industrial labels market are Avery Dennison Corporation, Brady Corporation, Henkel AG & Company KGaA, DuPont de Nemours Inc., Cenveo Corporation, LabelTac, Drytac Corporation, Cosmo Films Ltd., 3M Company, CCL Industries Inc., Cannon Inc., HB Fuller Co, Dunmore Corporation, Xerox Corporation, CILS International. Asia-Pacific was the largest region in the industrial labels market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial labels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial label market consists of sales of label materials, adhesives, silicone paper and printing inks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global industrial labels market is segmented - 1) By Product Type: Warning or Security Labels, Branding Labels, Weatherproof Labels, Equipment Asset Tags, Other Products 2) By Raw Material: Metal Labels, Plastic or Polymer Labels 3) By Mechanism: Pressure-sensitive, Glue applied, Heat transfer, Other Mechanism 4) By Printing Technology: Digital printing, Lithography, Flexography, Screen printing, Other Printing Technologies 5) By End User: Transportation, Construction, Automotive, Consumer durables, Other End Users

The 2D (two-dimensional) barcode is a graphical image that stores information horizontally and vertically. The 2D barcode reader is used to scan the pictures of both 1D and 2D barcodes. The 2D barcode reader, also known as area imagers, involves optimization of images for contrast and then decoding them to extract information out of the barcode. This increases the efficiency of the business by minimising the time required to interpret the information about the products and services. 2D barcode readers are being used in various industries as they are accomplished at storing data related to products and services. The main types of 2D barcode readers include corded and cordless. The cord or wired scanner in the 2D barcode reader consists of sales of cord barcode readers by entities (organizations, sole traders, and partnerships) that are able to keep charge for an extended period of time as it is always connected to the system. These barcode readers operate through a USB cord plugged into the computer. The cordless or wireless scanner in the 2D barcode reader consists of sales of cordless barcode readers by entities (organizations, sole traders, and partnerships) that enable users to scan items within a certain range radius. These barcode readers use built-in Bluetooth to scan the items. The cordless scanner can be connected to computers as well as smartphones. The main applications of 2D barcode readers include warehousing, logistics, e-commerce, and factory automation. 2D Barcode Readers are used in retail, hospitality, transportation and logistics, manufacturing, healthcare, and other industries. The 2D barcode reader research report is one of a series of new reports from The Business Research Company that provides 2D barcode reader statistics, including 2D barcode reader industry global market size, regional shares, competitors with 2D barcode reader shares, detailed 2D barcode reader segments, market trends and opportunities, and any further data you may need to thrive in the 2D barcode reader industry. This 2D barcode reader research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global 2D barcode reader market size grew from $6.35 billion in 2022 to $6.87 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The 2D barcode reader market size is expected to grow to $9.31 billion in 2027 at a CAGR of 7.9%. The increase in demand in the e-commerce and logistics sectors is expected to propel the growth of the 2D barcode reader market over the coming years. The growing incidence of online shopping is considered as one of the driving factors for the growth in the e-commerce and logistics sectors, leading to the deployment of more distribution centres and warehouses and driving the 2D barcode reader industry. The Indian market for e-commerce increased by 36% in 2020 and is expected to reach up to USD 111 billion by 2024, leading to the increasing growth rate of the 2D barcode reader market as well. Therefore, the growing e-commerce and logistics industries drive the 2D barcode reader market. The development of technologically advanced reader systems across the market is a key trend gaining popularity in the 2D barcode reader market. The various technologically advanced barcode readers implemented across the market are comprised of QR codes, Data Matrix, PDF417, Aztech 2D, machine vision, digital image scanning, RFID, decoding technology, etc. Many companies operating 2D barcode readers are adopting RFID technology. For instance, in December 2021, Denso Wave launched an SP1 scanner with an autopilot function. It is an advancement to the RFID scanner which enables smart devices to turn into high-speed UHF RFID scanners. The addition of autopilot functionality to the RFID scanner allows the scanning to be operated with doubled speed and manage more complex data as well. Furthermore, RGID tags and Near Field Communication (NFC) technology are popular, so demand for 2D barcode scanners is expected to rise. In June 2021, Brady Corporation, an American-based security software provider company, acquired the Code Corporation, a leading barcode scanner provider, for approximately $173 million. With this acquisition, Brady Corporation aims to extend the portfolio of barcode reader devices and software specifically used for industrial track-and-trace applications. Code Corporation is a 2D barcode reader manufacturer based in the United States. Major players in the 2D barcode reader market are Denso Wave Incorporated, Casio Computer Co., Ltd., Cognex Corporation, Datalogic S.p.A., Honeywell International, Inc., General Data Co., Inc., JADAK-A Novanta Company, Juniper Systems Inc., Keyence Corporation, Marson Technology Co., Ltd., Omron Microscan Systems, Inc., Sato Holdings Corporation, Scandit, Sick AG, Unitech Electronics Co., Ltd. Asia-Pacific was the largest region in the 2D Barcode Reader market in 2022. MEA is expected to be the fastest-growing region in the forecast period. The regions covered in the 2D barcode market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the 2D barcode reader market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The 2D barcode reader market consists of sales of illumination system, sensor, and the decoder. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global 2D barcode reader market is segmented - 1) By Type: Fixed, Portable 2) By Reader Type: Cord, Cordless 3) By Application: Warehousing, Logistics, E-Commerce, Factory Automation 4) By End User: Retail, Hospitality, Transportation and logistics, Manufacturing, Healthcare, Others

Printing and Related Support Activities refer to a collective term for all the activities such as producing newspapers, books, labels, business cards, stationery, and other items, as well as supporting tasks such as data imaging, platemaking, and bookbinding for educational and commercial purposes. The main types of printing and related support activities are printing and support activities for printing. Printing is a method of replicating text and pictures on paper using ink and a printing press. The different technologies include flexography printing, rotogravure printing, digital printing, offset printing, and others. Printing and related support activities are used for packaging, advertising, publishing, and other applications. The printing and related support activities market research report is one of a series of new reports from The Business Research Company that provides printing and related support activities market statistics, including printing and related support activities industry global market size, regional shares, competitors with a printing and related support activities market share, detailed printing and related support activities market segments, market trends and opportunities, and any further data you may need to thrive in the printing and related support activities industry. This printing and related support activities market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global printing and related support activities market grew from $355.78 billion in 2022 to $369.89 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The printing and related support activities market is expected to grow to $416.28 billion in 2027 at a CAGR of 3.0%. The introduction of metal 3D and LED-UV printing is developing rapidly in the offline post-press and finishing services market. These save energy, has shorter lead times, are environmentally friendly, provides consistent quality and have longer life. These technologies permit the immediate post-press of print products and impresses with a variety of colors, even on uncoated stock. For instance, companies such as Materialise NV, a 3D printing service provider and software developer are heavily investing in metal 3D printing technologies. Major companies in the printing and related support activities market include Dai Nippon Printing Co. Ltd., Taylor Corporation, RR Donnelley, LSC Communications Inc., SHUTTERFLY INC., QUAD/GRAPHICS INC., ENNIS Inc., Japs-Olson Company, and The Crane Company and Gannett Co Inc. Asia-Pacific was the largest region in the printing and related support activities market in 2022. North America was the second largest region in the printing and related support activities market. The regions covered in the printing and related support activities market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the printing and related support activities market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The printing and related support activities market includes revenues earned by entities by printing material, screen printing, letterpress printing, and digital printing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global printing and related support activities market is segmented - 1) By Type: Printing, Support Activities For Printing 2) By Technology: Flexography Printing, Rotogravure Printing, Digital Printing, OffSet Printing, Other Technologies 3) By Application: Packaging, Advertising, Publishing, Other Applications Subsegments Covered: Commercial Printing (except Screen And Books), Commercial Screen Printing, Books Printing

Printing refers to a method for pressing a certain amount of coloring agent onto a chosen surface to create a body of text or an artwork, and several contemporary methods of text and image reproduction no longer rely on the mechanical concept of pressure or even the material concept of coloring agent. It refers to a service that is used to print products such as newspapers, books, labels, business cards, stationery, business forms, and other materials. The main types of unfinished paper are paper and paperboard, newsprint. Paper and paperboard are defined as a matted or felted sheet, usually composed of plant fiber (commonly from trees or recycled paper or paperboard waste, e.g., corrugated cases, newsprint, sacks, bags and cartons). Paper and paperboard are used as wrapping materials, bags, sacks, cartons, tubs, lids, molded fiber packaging, and backing cards. Mechanical pulping, chemical pulping and combined process are used to produce unfinished paper. The various end use industry include food, agricultural industry, chemicals, building materials and others. The printing market research report is one of a series of new reports from The Business Research Company that provides printing market statistics, including printing industry global market size, regional shares, competitors with a printing market share, detailed printing market segments, market trends and opportunities, and any further data you may need to thrive in the printing industry. This printing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global printing market grew from $330.82 billion in 2022 to $344.19 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The printing market is expected to grow to $388.33 billion in 2027 at a CAGR of 3.1%. The use of digital inkjet printer is on the rise in this market due to its faster printing rate as compared to the traditional printers. Digital Inkjet Printer are the ones in which characters are formed from minute jets of prints. It is more efficient and reliable than the traditional printers used. Major companies in the printing market include Dai Nippon Printing Co., Ltd., LSC Communications Inc., SHUTTERFLY, INC., ENNIS, Inc., The Crane Company, Gannett Co Inc., and The McClatchy Company. Asia-Pacific was the largest region in the printing market in 2022. North America was the second largest region in the printing market. The regions covered in the printing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the printing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The printing market includes revenues earned by entities by providing printing for books and newspapers, textiles, plates, wallpaper, packaging, and billboards, all of which are cleaned with rinsing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global printing market is segmented - 1) By Type: Commercial Printing (except Screen And Books), Commercial Screen Printing, Books Printing 2) By Technology: Flexography Printing, Rotogravure Printing, Digital Printing, OffSet Printing, Other Technologies 3) By Application: Packaging, Advertising, Publishing, Other Applications

Laser cutting refers to a process that uses a laser for cutting different materials for both industrial and artistic applications, such as etching. The laser cutting machine is used for precision cutting and designing projects in a wide range of industries. Laser cutting machines emit a high-powered laser beam to either cleanly cut or carve a specific design on materials such as steel, plastic, or wood and are mostly used for industrial manufacturing applications. The main types of technologies used in the laser cutting machines market are solid-state, gas and semiconductor. The solid-state technology machine utilizes a gain medium (usually ion-doped crystals or glasses) that is a solid, rather than a liquid. Solid-state laser cutting machines produce light at a much higher frequency. The different processes used in laser cutting machines include fusion cutting, flame-cutting, sublimation cutting, laser processing configuration, laser cutting, and engraving configuration. These machines are mostly used in industries such as automotive, consumer electronics, defense and aerospace, industrial and other end-user industries. The laser cutting machines market research report is one of a series of new reports from The Business Research Company that provides laser cutting machines market statistics, including laser cutting machines industry global market size, regional shares, competitors with a laser cutting machines market share, detailed laser cutting machines market segments, market trends and opportunities, and any further data you may need to thrive in the laser cutting machines industry. This laser cutting machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global laser cutting machine market size grew from $4.56 billion in 2022 to $5.03 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The laser cutting machine market size is expected to grow to $7.3 billion in 2027 at a CAGR of 9.8%. The increasing demand for automobiles is expected to drive the laser cutting machine market. The demand for automobiles is increasing due to growing need for transportation, increasing income levels, rapid urbanization, and others. This increasing demand for automobiles will elevate the demand for laser cutting machines as these machines help in creating precisive designs and fastening the process of manufacturing auto parts relating to automobiles. Laser cutting machines are effective and efficient tools for precision cutting and designing projects related to automobiles to achieve modern designs. For instance, according to the India Brand Equity Foundation (IBEF), in India, all automotive segment sales increased from 17.47 million units in January-December 2020 to 18.49 million units in the calendar year 2021, showing an increase of 5.8%. In addition, The Indian automotive industry (including component manufacturing) is predicted to reach $251.4-282.8 billion by 2026. It indicates the demand is growing for automobiles. Therefore, the growing demand for automobiles is driving the laser cutting machine market. The introduction of new technologies for improving machines is a key trend gaining popularity in the laser cutting machine market. The incorporation of technologies such as self-centering clamping technology is playing important role in machine improvements and resulted in smarter and more efficient machines. Key players are focusing on offering technologically advanced laser cutting machines to enable significant efficiency and maximum output to strengthen their market position. For instance, in April 2020, TrumpF Group, a German industrial machine maker introduced a new laser cutting machine, the TruLaser Tube 3000 fiber, a cost-effective and reliable laser machine. The new machine finds a broad range of applications such as profiles, round tubes, and flat steel bars manufacturing. The machine incorporates the self-centering clamping technology to hold the tube in the correct place and position during machining and adjusts automatically to the tube dimensions eliminating the need for manual setup. The two-kilowatt solid-state laser can cut mild steel, stainless steel, aluminum, and nonferrous metals like copper and brass at fast speeds. In May 2022, INDUS Holding AG, a German-based holding company acquired HELD Industries GmbH, for an undisclosed amount. With this acquisition, INDUS acquired 70% of shares in HELD and added another portfolio to its business and expands in laser welding systems for hydrogen electrodes. HELD Industries GmbH is a German firm that offers laser cutting and laser welding machines and systems. Major players in the laser cutting machine market are Coherent Inc., Trumpf Laser GmbH Co KG, Han's Laser Smart Equipment Group Co Ltd., IPG Photonics Corporation, Jenoptik Laser GmbH, Lumentum, LaserStar, Epilog Laser, Amada Miyachi Company Ltd., Bystronic Incorporated, Kern Laser Systems, Jinan SENFENG Technology Co Ltd., Mazak Optonics Corporation and DMG MORI. North America was the largest region in the laser cutting machines market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laser cutting machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the laser cutting machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The laser cutting machine market consists of sales of laser cutting machines including laser cutting including fusion cutting, flame cutting, and remote cutting among others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global laser cutting machine market is segmented - 1) By Technology: Solid State, Gas, Semiconductor 2) By Process: Fusion Cutting, Flame Cutting, Sublimation Cutting  3) By End User Industry: Automotive, Consumer Electronics, Defense And Aerospace, Industrial, Other End User Industries