Fiber laser Market Global Industry Analysis and Forecast 2017-2026
Fiber laser Marketis approximately USD 4.5 Bn by 2026 at CAGR of about 12 % during a forecast period of 2018-2026.
Innovation with respect to fiber is high beam quality, lower cost of ownership and eco-friendly The global Fiber laser market was valued USD 2 Bn in 2017 and is anticipated to reach nature. Also fiber laser is efficient, reliable, and compact as compared to conventional lasers. Fiber laser provides high efficiency, vibrational stability, compact size, cost effectiveness and need low maintenance hence driving the fiber lasers market. Reduced cutting speed for thicker materials processing and undesired pulse pedestals & non-linear optical effects are some of the factors that restrain the market growth. Increase in automobile and mobile electronics applications of fiber laser is expected to augment the growth of the market during the forecast period. Use of microscopic utilities surface treatment, optical pumping, 3D micro milling, defense, scribing, blind hole machining and micro-cutting contribute to the growth of the global fiber laser market.
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Based on product type fiber laser market is segmented into Ultraviolet Fiber Laser, Ultrafast Fiber Laser , Visible Fiber Laser and Infrared Fiber Laser. The Ultrafast Fiber Laser Fiber Laser segment comprises for about more than half of the market. Ultrafast Fiber Laser Fiber Laser lasers suppresses the undesired pulse pedestals and nonlinear optical effects.
Based on application fiber laser market is segmented into material processing, medical and others. Material processing holds the largest share in the fiber laser market. High beam quality and high energy efficiency for material processing utilities such as welding, cutting, and etching is fuelling growth of this segment. Fiber lasers are more being adopted for marking application, which includes barcodes and traceable labels, diamond industry, scientific research, semi-conductor industries, and 3D printing.
Geographically fiber laser market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these five territories Asia Pacific is about to register the highest growth due to its advantages like low cost, low maintenance. North America and Europe are expected to grow at a slow pace comparatively.
Key Players profiled and analyzed in the report are
Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, Jenoptik Laser GmbH, CY Laser SRL, NKT Photonics A/S, Quantel Group, TRUMPF, and Toptica Photonics AG, O.R. Laser technologie GmbH, Sigma Mechatronics Pvt. Ltd., and SPI Lasers Limited, Amonics Ltd. are some of the key players in the fiber laser market.
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Ths Scope of the Fiber Laser Market
Fiber Laser Market By Product Type:
• Ultraviolet Fiber Laser
• Ultrafast Fiber Laser
• Visible Fiber Laser
• Infrared Fiber Laser
Fiber Laser Market By Application Type:
• Medical
• Material Processing
• Marking
• Other
Fiber Laser Market By Region:
• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America
Key Players Analysed in the Fiber laser Market:
• Amonics Ltd.
• Apollo Instruments Inc.
• Coherent Inc.
• IPG Photonics Corporation
• Jenoptik Laser GmbH
• CY Laser SRL
• NKT Photonics A/S
• Quantel Group
• TRUMPF
• Toptica Photonics AG
• O.R. Laser technologies GmbH
• Sigma Mechatronics Pvt. Ltd.
• SPI Lasrs Limited.
• FANUC
• Wuhan Raycus Fiber Laser Technologies
MAJOR TOC OF THE REPORT
Chapter One: Fiber laser Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Fiber laser Market Competition, by Players
Chapter Four: Global Fiber laser Market Size by Regions
Chapter Five: North America Fiber laser Revenue by Countries
Chapter Six: Europe Fiber laser Revenue by Countries
Chapter Seven: Asia-Pacific Fiber laser Revenue by Countries
Chapter Eight: South America Fiber laser Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Fiber laser by Countries
Chapter Ten: Global Fiber laser Market Segment by Type
Chapter Eleven: Global Fiber laser Market Segment by Application
Chapter Twelve: Global Fiber laser Market Size Forecast (2019-2026)
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