Wafer Marking Equipment Market, Global Outlook and Forecast 2023-2029
Report ID
43548
Publisher
Market Monitor Global
Published Date
07-Dec
Delivery Format
PDF
No of Report Page
153
Editor's Rating
US $3,250.00
US $4,225.00
US $4,875.00
  • Report Details 
    This research report provides a comprehensive analysis of the Wafer Marking Equipment market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Wafer Marking Equipment market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Wafer Marking Equipment, challenges faced by the industry, and potential opportunities for market players.
The global Wafer Marking Equipment market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Wafer Marking Equipment market presents opportunities for various stakeholders, including 2-6 Inch Wafer, 8 &12 Inch Wafer. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Wafer Marking Equipment market. Additionally, the growing consumer demand present avenues for market expansion.
The global Wafer Marking Equipment market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period.
Key Features:
The research report on the Wafer Marking Equipment market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Wafer Marking Equipment market.
Market Overview: The report provides a comprehensive overview of the Wafer Marking Equipment market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Full-Automatic, Semi-Automatic), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Wafer Marking Equipment market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Wafer Marking Equipment market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Wafer Marking Equipment market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments. 
Market Segmentation and Forecast: The report segment the Wafer Marking Equipment market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Wafer Marking Equipment market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Wafer Marking Equipment market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Wafer Marking Equipment, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Wafer Marking Equipment market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Wafer Marking Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
    Full-Automatic
    Semi-Automatic
Market segment by Application
    2-6 Inch Wafer
    8 &12 Inch Wafer
    Others
Global Wafer Marking Equipment Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Major players covered
    EO Technics
    Meere
    AMADA WELD TECH
    Baublys Laser GmbH
    WOOSUNG E&D
    QMC
    Advanced Technology
    Thinklaser (ESI)
    InnoLas Semiconductor
    Han's Laser
    FitTech
    E&R Engineering
    HANMI Semiconductor
    Towa Laserfront
    Genesem
    Hylax Technology
    Beijing KHL Technical Equipment
    Shenzhen D-WIN Technology
    Gem Laser Limited
    Nanjing Dinai Laser Technology
    Tianhong Laser
    HGLaser Engineering
    Grand Tech Group
    New Power Team Technology
    Tongtai Machine & Tool
Outline of Major Chapters:
Chapter 1: Introduces the definition of Wafer Marking Equipment, market overview.
Chapter 2: Global Wafer Marking Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Wafer Marking Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Wafer Marking Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Wafer Marking Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
  • Table Of Content 
    1 Introduction to Research & Analysis Reports
    1.1 Wafer Marking Equipment Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Wafer Marking Equipment Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Wafer Marking Equipment Overall Market Size
    2.1 Global Wafer Marking Equipment Market Size: 2022 VS 2029
    2.2 Global Wafer Marking Equipment Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Wafer Marking Equipment Sales: 2018-2029
3 Company Landscape
    3.1 Top Wafer Marking Equipment Players in Global Market
    3.2 Top Global Wafer Marking Equipment Companies Ranked by Revenue
    3.3 Global Wafer Marking Equipment Revenue by Companies
    3.4 Global Wafer Marking Equipment Sales by Companies
    3.5 Global Wafer Marking Equipment Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Wafer Marking Equipment Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Wafer Marking Equipment Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Wafer Marking Equipment Players in Global Market
        3.8.1 List of Global Tier 1 Wafer Marking Equipment Companies
        3.8.2 List of Global Tier 2 and Tier 3 Wafer Marking Equipment Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Wafer Marking Equipment Market Size Markets, 2022 & 2029
        4.1.2 Full-Automatic
        4.1.3 Semi-Automatic
    4.2 By Type - Global Wafer Marking Equipment Revenue & Forecasts
        4.2.1 By Type - Global Wafer Marking Equipment Revenue, 2018-2023
        4.2.2 By Type - Global Wafer Marking Equipment Revenue, 2024-2029
        4.2.3 By Type - Global Wafer Marking Equipment Revenue Market Share, 2018-2029
    4.3 By Type - Global Wafer Marking Equipment Sales & Forecasts
        4.3.1 By Type - Global Wafer Marking Equipment Sales, 2018-2023
        4.3.2 By Type - Global Wafer Marking Equipment Sales, 2024-2029
        4.3.3 By Type - Global Wafer Marking Equipment Sales Market Share, 2018-2029
    4.4 By Type - Global Wafer Marking Equipment Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Wafer Marking Equipment Market Size, 2022 & 2029
        5.1.2 2-6 Inch Wafer
        5.1.3 8 &12 Inch Wafer
        5.1.4 Others
    5.2 By Application - Global Wafer Marking Equipment Revenue & Forecasts
        5.2.1 By Application - Global Wafer Marking Equipment Revenue, 2018-2023
        5.2.2 By Application - Global Wafer Marking Equipment Revenue, 2024-2029
        5.2.3 By Application - Global Wafer Marking Equipment Revenue Market Share, 2018-2029
    5.3 By Application - Global Wafer Marking Equipment Sales & Forecasts
        5.3.1 By Application - Global Wafer Marking Equipment Sales, 2018-2023
        5.3.2 By Application - Global Wafer Marking Equipment Sales, 2024-2029
        5.3.3 By Application - Global Wafer Marking Equipment Sales Market Share, 2018-2029
    5.4 By Application - Global Wafer Marking Equipment Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Wafer Marking Equipment Market Size, 2022 & 2029
    6.2 By Region - Global Wafer Marking Equipment Revenue & Forecasts
        6.2.1 By Region - Global Wafer Marking Equipment Revenue, 2018-2023
        6.2.2 By Region - Global Wafer Marking Equipment Revenue, 2024-2029
        6.2.3 By Region - Global Wafer Marking Equipment Revenue Market Share, 2018-2029
    6.3 By Region - Global Wafer Marking Equipment Sales & Forecasts
        6.3.1 By Region - Global Wafer Marking Equipment Sales, 2018-2023
        6.3.2 By Region - Global Wafer Marking Equipment Sales, 2024-2029
        6.3.3 By Region - Global Wafer Marking Equipment Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Wafer Marking Equipment Revenue, 2018-2029
        6.4.2 By Country - North America Wafer Marking Equipment Sales, 2018-2029
        6.4.3 US Wafer Marking Equipment Market Size, 2018-2029
        6.4.4 Canada Wafer Marking Equipment Market Size, 2018-2029
        6.4.5 Mexico Wafer Marking Equipment Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Wafer Marking Equipment Revenue, 2018-2029
        6.5.2 By Country - Europe Wafer Marking Equipment Sales, 2018-2029
        6.5.3 Germany Wafer Marking Equipment Market Size, 2018-2029
        6.5.4 France Wafer Marking Equipment Market Size, 2018-2029
        6.5.5 U.K. Wafer Marking Equipment Market Size, 2018-2029
        6.5.6 Italy Wafer Marking Equipment Market Size, 2018-2029
        6.5.7 Russia Wafer Marking Equipment Market Size, 2018-2029
        6.5.8 Nordic Countries Wafer Marking Equipment Market Size, 2018-2029
        6.5.9 Benelux Wafer Marking Equipment Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Wafer Marking Equipment Revenue, 2018-2029
        6.6.2 By Region - Asia Wafer Marking Equipment Sales, 2018-2029
        6.6.3 China Wafer Marking Equipment Market Size, 2018-2029
        6.6.4 Japan Wafer Marking Equipment Market Size, 2018-2029
        6.6.5 South Korea Wafer Marking Equipment Market Size, 2018-2029
        6.6.6 Southeast Asia Wafer Marking Equipment Market Size, 2018-2029
        6.6.7 India Wafer Marking Equipment Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Wafer Marking Equipment Revenue, 2018-2029
        6.7.2 By Country - South America Wafer Marking Equipment Sales, 2018-2029
        6.7.3 Brazil Wafer Marking Equipment Market Size, 2018-2029
        6.7.4 Argentina Wafer Marking Equipment Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Wafer Marking Equipment Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Wafer Marking Equipment Sales, 2018-2029
        6.8.3 Turkey Wafer Marking Equipment Market Size, 2018-2029
        6.8.4 Israel Wafer Marking Equipment Market Size, 2018-2029
        6.8.5 Saudi Arabia Wafer Marking Equipment Market Size, 2018-2029
        6.8.6 UAE Wafer Marking Equipment Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 EO Technics
        7.1.1 EO Technics Company Summary
        7.1.2 EO Technics Business Overview
        7.1.3 EO Technics Wafer Marking Equipment Major Product Offerings
        7.1.4 EO Technics Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.1.5 EO Technics Key News & Latest Developments
    7.2 Meere
        7.2.1 Meere Company Summary
        7.2.2 Meere Business Overview
        7.2.3 Meere Wafer Marking Equipment Major Product Offerings
        7.2.4 Meere Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.2.5 Meere Key News & Latest Developments
    7.3 AMADA WELD TECH
        7.3.1 AMADA WELD TECH Company Summary
        7.3.2 AMADA WELD TECH Business Overview
        7.3.3 AMADA WELD TECH Wafer Marking Equipment Major Product Offerings
        7.3.4 AMADA WELD TECH Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.3.5 AMADA WELD TECH Key News & Latest Developments
    7.4 Baublys Laser GmbH
        7.4.1 Baublys Laser GmbH Company Summary
        7.4.2 Baublys Laser GmbH Business Overview
        7.4.3 Baublys Laser GmbH Wafer Marking Equipment Major Product Offerings
        7.4.4 Baublys Laser GmbH Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.4.5 Baublys Laser GmbH Key News & Latest Developments
    7.5 WOOSUNG E&D
        7.5.1 WOOSUNG E&D Company Summary
        7.5.2 WOOSUNG E&D Business Overview
        7.5.3 WOOSUNG E&D Wafer Marking Equipment Major Product Offerings
        7.5.4 WOOSUNG E&D Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.5.5 WOOSUNG E&D Key News & Latest Developments
    7.6 QMC
        7.6.1 QMC Company Summary
        7.6.2 QMC Business Overview
        7.6.3 QMC Wafer Marking Equipment Major Product Offerings
        7.6.4 QMC Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.6.5 QMC Key News & Latest Developments
    7.7 Advanced Technology
        7.7.1 Advanced Technology Company Summary
        7.7.2 Advanced Technology Business Overview
        7.7.3 Advanced Technology Wafer Marking Equipment Major Product Offerings
        7.7.4 Advanced Technology Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.7.5 Advanced Technology Key News & Latest Developments
    7.8 Thinklaser (ESI)
        7.8.1 Thinklaser (ESI) Company Summary
        7.8.2 Thinklaser (ESI) Business Overview
        7.8.3 Thinklaser (ESI) Wafer Marking Equipment Major Product Offerings
        7.8.4 Thinklaser (ESI) Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.8.5 Thinklaser (ESI) Key News & Latest Developments
    7.9 InnoLas Semiconductor
        7.9.1 InnoLas Semiconductor Company Summary
        7.9.2 InnoLas Semiconductor Business Overview
        7.9.3 InnoLas Semiconductor Wafer Marking Equipment Major Product Offerings
        7.9.4 InnoLas Semiconductor Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.9.5 InnoLas Semiconductor Key News & Latest Developments
    7.10 Han's Laser
        7.10.1 Han's Laser Company Summary
        7.10.2 Han's Laser Business Overview
        7.10.3 Han's Laser Wafer Marking Equipment Major Product Offerings
        7.10.4 Han's Laser Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.10.5 Han's Laser Key News & Latest Developments
    7.11 FitTech
        7.11.1 FitTech Company Summary
        7.11.2 FitTech Business Overview
        7.11.3 FitTech Wafer Marking Equipment Major Product Offerings
        7.11.4 FitTech Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.11.5 FitTech Key News & Latest Developments
    7.12 E&R Engineering
        7.12.1 E&R Engineering Company Summary
        7.12.2 E&R Engineering Business Overview
        7.12.3 E&R Engineering Wafer Marking Equipment Major Product Offerings
        7.12.4 E&R Engineering Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.12.5 E&R Engineering Key News & Latest Developments
    7.13 HANMI Semiconductor
        7.13.1 HANMI Semiconductor Company Summary
        7.13.2 HANMI Semiconductor Business Overview
        7.13.3 HANMI Semiconductor Wafer Marking Equipment Major Product Offerings
        7.13.4 HANMI Semiconductor Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.13.5 HANMI Semiconductor Key News & Latest Developments
    7.14 Towa Laserfront
        7.14.1 Towa Laserfront Company Summary
        7.14.2 Towa Laserfront Business Overview
        7.14.3 Towa Laserfront Wafer Marking Equipment Major Product Offerings
        7.14.4 Towa Laserfront Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.14.5 Towa Laserfront Key News & Latest Developments
    7.15 Genesem
        7.15.1 Genesem Company Summary
        7.15.2 Genesem Business Overview
        7.15.3 Genesem Wafer Marking Equipment Major Product Offerings
        7.15.4 Genesem Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.15.5 Genesem Key News & Latest Developments
    7.16 Hylax Technology
        7.16.1 Hylax Technology Company Summary
        7.16.2 Hylax Technology Business Overview
        7.16.3 Hylax Technology Wafer Marking Equipment Major Product Offerings
        7.16.4 Hylax Technology Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.16.5 Hylax Technology Key News & Latest Developments
    7.17 Beijing KHL Technical Equipment
        7.17.1 Beijing KHL Technical Equipment Company Summary
        7.17.2 Beijing KHL Technical Equipment Business Overview
        7.17.3 Beijing KHL Technical Equipment Wafer Marking Equipment Major Product Offerings
        7.17.4 Beijing KHL Technical Equipment Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.17.5 Beijing KHL Technical Equipment Key News & Latest Developments
    7.18 Shenzhen D-WIN Technology
        7.18.1 Shenzhen D-WIN Technology Company Summary
        7.18.2 Shenzhen D-WIN Technology Business Overview
        7.18.3 Shenzhen D-WIN Technology Wafer Marking Equipment Major Product Offerings
        7.18.4 Shenzhen D-WIN Technology Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.18.5 Shenzhen D-WIN Technology Key News & Latest Developments
    7.19 Gem Laser Limited
        7.19.1 Gem Laser Limited Company Summary
        7.19.2 Gem Laser Limited Business Overview
        7.19.3 Gem Laser Limited Wafer Marking Equipment Major Product Offerings
        7.19.4 Gem Laser Limited Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.19.5 Gem Laser Limited Key News & Latest Developments
    7.20 Nanjing Dinai Laser Technology
        7.20.1 Nanjing Dinai Laser Technology Company Summary
        7.20.2 Nanjing Dinai Laser Technology Business Overview
        7.20.3 Nanjing Dinai Laser Technology Wafer Marking Equipment Major Product Offerings
        7.20.4 Nanjing Dinai Laser Technology Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.20.5 Nanjing Dinai Laser Technology Key News & Latest Developments
    7.21 Tianhong Laser
        7.21.1 Tianhong Laser Company Summary
        7.21.2 Tianhong Laser Business Overview
        7.21.3 Tianhong Laser Wafer Marking Equipment Major Product Offerings
        7.21.4 Tianhong Laser Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.21.5 Tianhong Laser Key News & Latest Developments
    7.22 HGLaser Engineering
        7.22.1 HGLaser Engineering Company Summary
        7.22.2 HGLaser Engineering Business Overview
        7.22.3 HGLaser Engineering Wafer Marking Equipment Major Product Offerings
        7.22.4 HGLaser Engineering Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.22.5 HGLaser Engineering Key News & Latest Developments
    7.23 Grand Tech Group
        7.23.1 Grand Tech Group Company Summary
        7.23.2 Grand Tech Group Business Overview
        7.23.3 Grand Tech Group Wafer Marking Equipment Major Product Offerings
        7.23.4 Grand Tech Group Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.23.5 Grand Tech Group Key News & Latest Developments
    7.24 New Power Team Technology
        7.24.1 New Power Team Technology Company Summary
        7.24.2 New Power Team Technology Business Overview
        7.24.3 New Power Team Technology Wafer Marking Equipment Major Product Offerings
        7.24.4 New Power Team Technology Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.24.5 New Power Team Technology Key News & Latest Developments
    7.25 Tongtai Machine & Tool
        7.25.1 Tongtai Machine & Tool Company Summary
        7.25.2 Tongtai Machine & Tool Business Overview
        7.25.3 Tongtai Machine & Tool Wafer Marking Equipment Major Product Offerings
        7.25.4 Tongtai Machine & Tool Wafer Marking Equipment Sales and Revenue in Global (2018-2023)
        7.25.5 Tongtai Machine & Tool Key News & Latest Developments
8 Global Wafer Marking Equipment Production Capacity, Analysis
    8.1 Global Wafer Marking Equipment Production Capacity, 2018-2029
    8.2 Wafer Marking Equipment Production Capacity of Key Manufacturers in Global Market
    8.3 Global Wafer Marking Equipment Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Wafer Marking Equipment Supply Chain Analysis
    10.1 Wafer Marking Equipment Industry Value Chain
    10.2 Wafer Marking Equipment Upstream Market
    10.3 Wafer Marking Equipment Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Wafer Marking Equipment Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer
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