Global Industrial Fiber Laser Market Growth 2023-2029
Fiber lasers contain the active gain medium, which is an optical fiber integrated with rare earth elements such as erbium and ytterbium. Unlike conventional gas lasers, a fiber laser uses part of the fiber as the resonating cavity, where the laser action takes place to generate laser beams.
LPI (LP Information)' newest research report, the “Industrial Fiber Laser Industry Forecast” looks at past sales and reviews total world Industrial Fiber Laser sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Fiber Laser sales for 2023 through 2029. With Industrial Fiber Laser sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Fiber Laser industry.
This Insight Report provides a comprehensive analysis of the global Industrial 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 Industrial Fiber Laser portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Fiber Laser market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial 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 Industrial Fiber Laser.
The global Industrial Fiber Laser market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Fiber lasers are preferred over other lasers such as CO2 lasers and excimer lasers, primarily because they are more reliable, efficient, robust, and portable, and easier to operate than other lasers. Fiber lasers used for industrial applications such as cutting, welding, marking, and engraving in the Manufacturing, Semiconductor, and Automotive industries are referred to as industrial fiber lasers.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Fiber Laser market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Continuous Wave (CW) Fiber Laser
Pulsed Fiber Laser
Segmentation by application
High Power (Cutting, Welding & Other)
Marking
Fine Processing
Micro Processing
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
Trumpf
Coherent
Raycus
Maxphotonics
NLIGHT
Lumentum Operations
Jenoptik
EO Technics
JPT Opto-electronics
Fujikura
NKT Photonics
Newport Corporation
Keopsys
Calmar Laser
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Fiber Laser market?
What factors are driving Industrial Fiber Laser market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Fiber Laser market opportunities vary by end market size?
How does Industrial 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.