The market prospect of handheld compact portable metal laser engraving machines is broad
With the rise of the global DIY craze, handheld compact portable metal laser engraving machines have gradually become the new favorite in the market. This kind of equipment is widely used in fields such as handicraft making, personalized customization and industrial marking due to its portability, efficiency and flexibility. According to data from the Co-Research Industry Research Institute, the global market sales of handheld laser engraving machines reached 284 million US dollars in 2023 and are expected to grow to 595 million US dollars by 2030, with a compound annual growth rate as high as 10.88%. In the Chinese market, the development of handheld compact portable metal laser engraving machines is equally rapid. In 2023, the market size of handheld laser engraving machines in China was approximately 29 million US dollars, accounting for 10.14% of the global market. It is expected that by 2030, its market share will rise to 12.70%. Small handheld laser engraving machines with a power of 10 watts or less have performed outstandingly in the household market. Their market share was approximately 28.64% in 2023, and it is expected that the compound annual growth rate will reach 12.48% in the coming years. In terms of technology, the trend of miniaturization and lightweighting of fiber lasers is obvious, further promoting the popularization of handheld laser engraving machines. This kind of equipment can not only meet the needs of small enterprises and individual studios, but also play an important role in industrial production. With the continuous advancement of technology and the expansion of application scenarios, the market prospects for handheld compact portable metal laser engraving machines are broad.