Global Fiber Laser Market Growth 2023-2029

Global Fiber Laser Market Growth 2023-2029

A fiber laser or fiber laser is a laser in which the active gain medium is an optical fiber doped with rare-earth elements such as erbium, ytterbium, neodymium, dysprosium, praseodymium, thulium and holmium. They are related to doped fiber amplifiers, which provide light amplification without lasing. Fiber nonlinearities, such as stimulated Raman scattering or four-wave mixing can also provide gain and thus serve as gain media for a fiber laser.
LPI (LP Information)' newest research report, the “Fiber Laser Industry Forecast” looks at past sales and reviews total world Fiber Laser sales in 2022, providing a comprehensive analysis by region and market sector of projected Fiber Laser sales for 2023 through 2029. With Fiber Laser sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fiber Laser industry.
This Insight Report provides a comprehensive analysis of the global Fiber Laser landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fiber Laser portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fiber Laser market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fiber Laser and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fiber Laser.
The global Fiber Laser market size is projected to grow from US$ 3208.9 million in 2022 to US$ 5762.9 million in 2029; it is expected to grow at a CAGR of 5762.9 from 2023 to 2029.
Asia-Pacific is the main market for fiber lasers, accounting for about 60% of the global market, followed by Europe and North America both with about 35%.
Major global manufacturers include MaxPhotonics, Raycus, JPT Opto-Electronics and IPG Photonics, with the top 1 accounting for about 37% of the entire market.In terms of product, continuous wave is the largest segment, with a share about 85%. And in terms of application, the largest application is material processing, followed by communication.
This report presents a comprehensive overview, market shares, and growth opportunities of Fiber Laser market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pulsed
Continuous Wave (CW)
Segmentation by application
Material Processing
Communication
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IPG Photonics
Raycus
Maxphotonics
Trumpf
Coherent
nLIGHT
JPT Opto-electronics
Fujikura
Lumentum Operations
Jenoptik
EO Technics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fiber Laser market?
What factors are driving Fiber Laser market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fiber Laser market opportunities vary by end market size?
How does Fiber Laser break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.