Laser Engraving Growth from Architectural Signs

Eight Factors Contributing to the Growth of Laser Engraving

Accessibility, new markets, and more are making the laser industry healthier than ever.

Laser engraving was once thought of as a process only used by industrial companies to either mark parts and tools, or trophy shops for the customization of awards and recognition products. However, today - with numerous small businesses cropping up and the rise of the maker movement - laser engraving has blossomed into a profitable industry that only takes a small investment to be a part of.

Over the past few years the market for laser engraving has grown substantially. Driving this growth is an increased level of consumer demand for customization and personalization of products such as smart phones, tablets, cutlery, wood, metal, and other materials. In addition, businesses are using lasers for their own purposes, like customizing promotional items, employee awards, and in-house signage.

Over the next few years revenue and unit shipments are expected to continue to increase thanks to laser engraving becoming more easily available and affordable.

The continued growth in disposable income and discretionary spending, allows small businesses to offer unique touches to generic products.

Other factors contributing to this increasing rise in laser engraving range from an increased interest in personalization, to rising accessibility, to the maker movement, to branding, and new use cases for engraving;

Factor 1: Increased Focus and Interest in Personalization

The focus on personalizing an item is a way to take something as simple as a pair of wedding champagne flutes and turn them into a personalized, more meaningful gift. With the trend in small home businesses becoming increasingly popular, laser engraving has become a way for those selling trinkets and numerous other items to differentiate themselves from the competition.

In business, with popular electronics being produced by the millions, laser engraving gives a personal touch to an item that many people already have. Engraving custom graphics, names, or logos on these mass-produced electronic gadgets is a great way to set something apart from an ever-increasing crowd of products.

Factor 2: More Accessible

Previously, laser engraving machines and cutting systems were hard to come by. Supply was limited and, more importantly, the cost to own a machine exceeded what typical home businesses or small vendors were willing to shell out in order to garner the technology.

Today, laser engraving is no longer just for big factories; potential buyers can own these machines for far less than they may realize. Whether you are looking to purchase or lease-to-own a laser, or even rent time on one, there are locations worldwide that can cater to your needs. Epilog has its laser engraving/cutting tools in a wide variety of shops across the U.S. and has numerous distribution houses throughout the world. We also offer academia and universities ways to find systems by geographic location.

This accessibility has given rise to the adoption of laser engravers in fabrication labs, makerspaces, school labs, and more in order to teach students and give differentiation for small businesses to customers who are looking for customization services.

Factor 3: The Maker Movement

The number of "makers" is growing every day as consumers continue to explore the satisfaction of doing things themselves. Do-it-yourself has become a rallying cry for many to learn new skills, create new products, or save costs on a project that would otherwise be outsourced.

Kickstarter and crowdfunding have played a huge role here, giving rise to different products that are now available from different people. Some of these products would never see the light of day if not for crowdfunding as the primary support means for their endeavors.

Laser engraving and cutting can bring ideas from concept to sellable form through prototyping, embellishment engraving, or even by starting a custom engraving business.

Factor 4: Rise in Industrial Users

Beyond small businesses, laser engraving is seeing a rapid rise in use cases for technology in the industrial segment. One of the bigger segments is in identification security where laser engraving is ideal for credit cards, ID cards, sensitive documents, and other items that require increased safety measures.

Laser engraving permanently marks an item, providing a check and balance against counterfeit products or replicas. In ID cards, multilayer formats are used to alter the color of the lower layer's pigments without affecting the top transparent layer. This ensures a product is safe from fraud, produces high quality images and text, and is tamper-proof plus customizable to each organization's needs.

Lasers can etch/engrave serial numbers, time stamps, part numbers, component labels, date codes, bar codes, or industry specific codes. Laser engraving has become an important tool in parts identification, inventory control and tracking, safety and warning notification, and loss prevention.

As technology advances, future uses for laser engraving to provide an additional security layer could be found in robotics, 3-D printing, and the automotive industry.

Factor 5: Rise in Branding

Branding not only gives corporations a greater presence in the world, but it is also becoming a sneaky way to deter theft of products and corporate assets. By laser engraving a company logo or name on corporate-supplied items, it is clear to see who owns what.

Since lasers can easily mark barcodes and serial numbers, these items for corporations can be better tracked than generic electronic items, while at the same time providing an extension to natural branding activities.

Factor 6: Affordable Pricing

While laser engraving and cutting machines have become more popular, prices have remained stable in the market. Also because laser engraving is a very competitive market (due to the advent of low-wattage systems with lower quality engraving).

Factor 7: More Accessories

Advances in laser cutting and engraving have led to the development of new accessories being on the market, leading to more and better uses. Rotary attachments, specialized lenses, air compressors, pin tables, and photo processing software available.

Factor 8: New and Different Markets for Laser Engraving

Lastly, while makers, ID tracking are leading to greater use for laser engraving, they aren't the only things impacting growth in the industry. In fact, one of the reasons for future expansion of laser engraving tools is due to the development of new segments. These segments include woodworking, metalworking, digital and retail signage, model-making, apparel shops, fabric shops, gadgets, and sports equipment.

With 5 lasers in both CO2 and YAG, Architectural Signs provide all your laser engraving needs. You can contact Architectural Signs at www.arcsigns.com.au.