Fiber lasers are devices, which are optically pumped and most commonly with laser diodes but in a few cases with other fiber lasers. The optics used in these systems are usually fiber components, with most or all of the components fiber-coupled to one another. In some systems, bulk optics are used, and sometimes an internal fiber-coupling system is combined with external bulk optics. Global fiber laser market was valued at $1,443 million in 2015 and is growing at a CAGR of 11.7% from 2016 to 2022 to reach $3,113 million by 2022.
Improved performance over other alternative technologies, less CO2 emission, and less power consumption drive the fiber laser market. The performance and utilization of fiber lasers continually expand with innovative progressions that give generous cost and vitality to end users when contrasted with alternate technologies. Better innovation implies fiber lasers become stronger, more effective, and more energy efficient than any time in the recent past.
The global fiber laser market is segmented on the basis of various parameters such as type, application, and geography. Based on fiber laser type, the market is classified into infrared fiber laser, ultraviolet fiber laser, ultrafast fiber laser, and visible fiber laser. Further on the basis of application, the market is divided into high power, marking, fine processing, and micro processing. Geographically, the global fiber laser market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Top players in the market invest huge capital in R&D activities to develop enhanced products to cater the current demand. Some of the major players in the fiber laser market are IPG Photonics Corporation, Coherent Inc., Rofin-Sinar Technologies Inc., Apollo Instruments Inc., Amonics Ltd., NKT Photonics, and Keopsys Group.
KEY BENEFITS
The report provides an in-depth analysis of the global fiber laser market and future estimations, in terms of both value and volume, from 2016 to 2022, which include information about the current market situation, changing market dynamics, expected trends, and market intelligence.
The factors that drive and impede the growth of the global market are comprehensively analyzed in this study.
The report contains a comprehensive study of the key strategies adopted by companies to gain traction in the market.
Micro-level analysis is conducted based on type, application, and region.
The report thoroughly analyzes various types and applications of fiber laser at country level.
KEY MARKET SEGMENTS
The fiber laser market is segmented on the basis of type, application, and geography.
BY TYPE
Infrared Fiber Laser
Ultraviolet Fiber Laser
Ultrafast Fiber Laser
Picosecond Fiber Laser
Femtosecond Fiber Laser
Visible Fiber Laser
Quasi-CW Green Fiber Laser
Nanosecond Fiber Laser
BY APPLICATION
High Power
Cutting
Flat Sheet Cutting
Tube Cutting
3D Cutting
Welding & Other
Power Train
Tube Welding
Car Body Scanner Welding
Car Body Seam Welding/Brazing
Others
Marking
Fine Processing
Micro Processing
BY GEOGRAPHY
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
LAMEA
South Africa
Brazil
Rest of LAMEA
KEY PLAYERS
Amonics Ltd.
Apollo Instruments Inc.
Coherent Inc.
IPG Photonics Corporation
Jenoptik Laser GmbH
Keopsys Group
NKT Photonics A/S
Quantel Group
ROFIN-SINAR Technologies Inc.
Toptica Photonics AG
Other players in the value chain include (profiles not included in the report)
Newport Corp.
Trumpf Inc.
3S Photonics S.A.S.
Active Fiber Systems GmbH
Advalue Photonics
Calmar Laser Inc.
Clark MXR Inc.
EKSPLA, ELUXI Ltd.
EOLITE Systems
Furukawa Electric Co. Ltd.
Fianium Ltd.
FiberLAST Inc.
GSI Group Inc.
Hypertherm Inc.
IMRA America Inc.
JDS Uniphase Corp.
Maxphotonics Co. Ltd.
Mitsubishi Cable Industries Ltd.
Miyachi Unitek Corp.
Mobius Photonics Inc.
Nufern Inc.
Nuphoton Technologies Inc.
Prima Electro North America LLC
PolarOnyx Inc.
Raycus Fiber Laser Technologies Co. Ltd.