Los Angeles, CA -- (SBWire) -- 04/17/2019 --Dot peen marking technology allows manufacturers to automate the direct part marking process, ensuring 100% reliable part traceability. Dot peen marking machines use a pneumatically driven marking pin to stamp (or peen) a series of very small, closely spaced dots to form straight or curved lines. Also called pin marking technology, the dot peen marking method provides fast, accurate marks while exerting minimal force on the part surface. Text, logos, and 2D Data Matrix codes can be marked in any size or orientation.
Dot peen marking technology is one of the most versatile marking solutions on the market today. Dot peen marking equipment capabilities range from simple nameplate requirements to completely integrated solutions for marking directly onto fabricated components in-line.
First, as for the global Dot Peen Marking Machines industry, the industry concentration rate is highly dispersed. The top 5 manufacturers (Telesis, Gravotech Group, PRYOR, SIC and Östling Marking Systems) have 50.36% sales revenue market share in 2016. The Telesis which has 15.60% market share in 2016, is the leader in the Dot Peen Marking Machines industry. The manufacturers following Telesis are Gravotech Group and PRYOR, which respectively has 10.86% and 9.54% market share globally.
Growth in demand of Dot Peen Marking Machines in China could be strengthened by the weighty rate of the local production of automobiles and household appliances.
Europe and North America are also growing in terms of demand due to high product applications in household appliances and construction industry. Advanced economies and increase in spending capacity in the region is boosting the overall growth of Dot Peen Marking Machines market. Middle East & Africa and Latin America are also envisioned to be poised for a lucrative growth owing to their growing construction sector.
The global Dot Peen Marking Machines market was 180 million US$ in 2018 and is expected to 370 million US$ by the end of 2025, growing at a CAGR of 9.1% between 2019 and 2025.
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This report studies the Dot Peen Marking Machines market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Dot Peen Marking Machines in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Telesis
Gravotech Group
PRYOR
SIC
Östling Marking Systems
Technomark
Durable Technologies
Pannier Corporation
Markator
Nichol Industries
Kwikmark
Jeil Mtech
By the product type, the market is primarily split into
Portable
Benchtop
Integrated
By the end users/application, this report covers the following segments
Steel
Metal
Hard Plastic Materials
Other
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Global Dot Peen Marking Machines Market to Rise US$ 370 Mn by 2025
Dot Peen Marking Machines Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.