Fiber Laser Market to Grow at a CAGR of 11.1% to reach US$ 4,765.43 Mn Million from 2021 to 2028

Fiber Laser Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Infrared Fiber Laser, Ultraviolet Fiber Laser, Ultrafast Fiber Laser, and Visible Fiber Laser) and Application (High Power Cutting & Welding, Marking, Fine Processing, and Micro Processing)

Publication Month : Jun 2021

  • Report Code : TIPTE100000578
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 147
Inquire Before Buy

PRICING

$4550

$2730

The fiber laser market was valued at US$ 2286.16 million in 2021 and is projected to reach US$ 4,765.43 million by 2028; it is expected to grow at a CAGR of 11.1% from 2021 to 2028.

Automotive production is constantly rising across the world, particularly in Asian and European countries, which is driving the demand for fiber lasers. Most automotive manufacturers are rapidly turning to fiber lasers to resolve their manufacturing issues. The sector widely uses fiber laser in material processing applications such as cutting, welding, and marking, as well as other machining operations involved in auto parts manufacturing. The automotive industry is obtaining excellent results with the use of fiber lasers in electric and lightweight vehicle designs. Significant weight reduction is achieved by minimizing the size of flanges by fiber laser welding and the safety of batteries is enabled by wobble-beam fiber welding. Automotive giants such as Volkswagen, BMW, and Ford Motor Company are contributing significantly to the fiber laser market growth. Electric vehicles are gaining traction in North America, thus boosting the fiber laser market growth in the region. Countries such as the US and Canada are prominent automotive manufacturers in the region. According to the American Automotive Policy Council, automakers and their suppliers contribute ~3% to the US GDP. General Motors Company, Ford Motor Company, Fiat Chrysler Automobiles, and Daimler are among the major automotive manufacturers in North America. As per data by the International Organization of Motor Vehicle Manufacturers, in 2019, the US and Canada manufactured ~2,512,780 and ~461,370 cars, respectively.

Impact of COVID-19 Pandemic on Fiber Laser Market

The COVID-19 pandemic has been adversely affecting every business globally since December 2019. The continuous growth in the number of infected patients compelled governments to put a bar on the transportation of humans and goods. The manufacturing sector witnessed severe losses due to temporary factory shutdowns and low production volumes, which hindered the growth of the electronics & semiconductor, automotive, and retail sectors. Additionally, the social or physical distancing measures imposed by governments put limitations on the operations of logistics and other service providers. As a result, the applications of fiber laser solution across all regions are declined. Despite the disruption caused by the COVID-19 pandemic, the trade is likely to surge in the future as businesses are getting resumed after a long lockdown. With the social distancing measures in effect, the automotive, electronics & semiconductor, and other manufacturing industries have resumed their operations with less workforce capacity.

Lucrative Regions for Fiber Laser Providers

Lucrative Regions for Fiber Laser Providers
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Fiber Laser Market Insights

Rising Demand for Fiber Lasers in Cutting Applications Fuels Growth of Fiber Laser Market

The increasing cutting applications (flat sheet cutting, tube cutting, and 3D cutting) of the fiber laser systems in several areas, including aerospace (high-strength components which can withstand the pressures of outer space), military, and in other sectors for manufacturing multiple equipment, is creating a huge growth opportunity for the fiber lasers market. Fiber lasers can be used in cutting silicon for solar cells & semi-conductors, cutting parts to shape in manufacturing & industrial settings, cutting stents for the medical industry, and cutting of gems for use in the jewelry industry. Further, fiber lasers are used for cutting of stator plates and battery foils in automotive industry. Moreover, the rapid industrialization across the globe has increased the demand for pulsed fiber lasers in cutting application to replace conventional methods such as ink-based printing and chemical etching, which is anticipated to fuel the growth of fiber laser market. There is an increase in demand for fiber lasers in cutting applications due to much less power consumption than traditional cutting techniques and waste of much less material. Moreover, the whole laser cutting process is non-contact that will reduce the downtime and increase the profits due to less risk of personal injuries, no wear and tear of moving parts, and no material damage due to contact. Thus, the wide use of fiber lasers for cutting applications in multiple areas is creating huge growth opportunities for the fiber laser providers.

Type-Based Market Insights

Fiber lasers are the newest type of lasers, which serve to diverse industries across the world. The companies from the manufacturing industries are the major beneficiaries that extensively use industrial fiber laser solution in their day-to-day operations. The industrial fiber lasers offer a total control over beam intensity, duration, and heat output. The industrial fiber laser system helps manufacturers develop a product to the exact specifications of the requirement. In order to meet the requirement of various products, the fiber laser market provides several variants such as infrared fiber laser, ultraviolet fiber laser, ultrafast fiber laser, and visible fiber laser. Based on type, the fiber laser market is segmented into infrared fiber laser, ultraviolet fiber laser, ultrafast fiber laser, and visible fiber laser. In 2020, the infrared fiber laser segment accounted for a significant share in the market.

Fiber Laser Market, by Type – 2020 and 2028

Fiber Laser Market, by Type – 2020 and 2028
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Application-Based Market Insights

Fiber laser technology is gaining popularity due to its numerous applications in diverse fields such as micromachining, biology and medical sciences, or telecommunications, and its potential as a substitute for solid-state lasers in industrial and technological applications. Manufacturers in the fiber laser market are increasingly investing in the research and development activities to find new and innovative techniques to develop fiber lasers. The fiber laser market is highly fragmented with the presence of several manufacturers, especially in the developing regions. Moreover, with the increasing number of manufacturers, product differentiation has become vital to gain competitive edge in the fiber laser market. In terms of application, the global fiber laser market is segmented into high power cutting & welding, fine processing, marking, and micro processing. In 2020, the high power cutting & welding segment accounted for a significant share in the market.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Fiber Laser Market: Strategic Insights

fiber-laser-market
Market Size Value inUS$ 2286.16 Million in 2021
Market Size Value byUS$ 4,765.43 Million by 2028
Growth rateCAGR of 11.1% from 2021-2028
Forecast Period2021-2028
Base Year2021
Analyst Image

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

The players operating in the fiber laser market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In December 2020, TRUMPF completed the merger of its wholly owned fiber laser manufacturing subsidiary SPI Lasers into the TRUMPF group and under the TRUMPF brand. With this merger, TRUMPF integrated all-fiber laser technologies into its product portfolio.

In November 2019, Coherent, Inc. launched the first switchable adjustable ring mode (ARM) fiber laser. The new Coherent HighLightTM FL-ARM with Fiber-Fiber-Switch of a high-power (2–8 kW), has a dual fiber output laser that can sequentially power two separate workstations or processes. The dual fiber output delivers increased throughput in cost-sensitive and high-volume welding applications, particularly in automotive manufacturing—such as welding of doors, hang-on parts, ultra-high-strength steel components, and aluminum body frames.

By Type

  • Infrared Fiber Laser
  • Ultraviolet Fiber Laser
  • Ultrafast Fiber Laser
  • Visible Fiber Laser

By Application

  • High Power Cutting & Welding
  • Marking
  • Fine Processing
  • Micro Processing

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

Company Profiles

  • Active Fiber Systems GmbH         
  • IPG Photonics Corporation            
  • Fujikura Ltd.          
  • Convergent Photonics        
  • Coherent, Inc.        
  • Jenoptik AG           
  • Maxphotonics Co,.Ltd        
  • nLIGHT, Inc.           
  • TRUMPF GmbH + Co. KG    
  • Wuhan Raycus Fiber Laser Technologies Co., Ltd.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are reasons behind fiber laser market growth?

The growth of the fiber laser market is primarily attributed to the Increase in Automotive Production. Automotive production is constantly rising across the world, particularly in Asian and European countries, which is driving the demand for fiber lasers. Most automotive manufacturers are rapidly turning to fiber lasers to resolve their manufacturing issues. The sector widely uses fiber laser in material processing applications such as cutting, welding, and marking, as well as other machining operations involved in auto parts manufacturing. The automotive industry is obtaining excellent results with the use of fiber lasers in electric and lightweight vehicle designs. Significant weight reduction is achieved by minimizing the size of flanges by fiber laser welding and the safety of batteries is enabled by wobble-beam fiber welding. Automotive giants such as Volkswagen, BMW, and Ford Motor Company are contributing significantly to the fiber laser market growth.

What are market opportunities for fiber laser market?

Rising demand for fiber lasers in cutting applications is providing noteworthy opportunities to the fiber laser market players. The increasing cutting applications (flat sheet cutting, tube cutting, and 3D cutting) of the fiber laser systems in several areas, including aerospace (high-strength components which can withstand the pressures of outer space), military, and in other sectors for manufacturing multiple equipment, is creating a huge growth opportunity for the fiber lasers market. Fiber lasers can be used in cutting silicon for solar cells & semi-conductors, cutting parts to shape in manufacturing & industrial settings, cutting stents for the medical industry, and cutting of gems for use in the jewelry industry. Further, fiber lasers are used for cutting of stator plates and battery foils in automotive industry. Moreover, the rapid industrialization across the globe has increased the demand for pulsed fiber lasers in cutting application to replace conventional methods such as ink-based printing and chemical etching, which is anticipated to fuel the growth of fiber laser market. There is an increase in demand for fiber lasers in cutting applications due to much less power consumption than traditional cutting techniques and waste of much less material. Moreover, the whole laser cutting process is non-contact that will reduce the downtime and increase the profits due to less risk of personal injuries, no wear and tear of moving parts, and no material damage due to contact. Thus, the wide use of fiber lasers for cutting applications in multiple areas is creating huge growth opportunities for the fiber laser providers

Which product is expected to dominate the market in the forecast period?

With the growing end-use industries across the globe, there is a continuous need of fiber lasers in industries to accomplish high level of product quality, which is boosting the demand for fiber lasers. Fiber lasers are being employed in several industries such as manufacturing, aerospace, automotive, and semiconductor & electronics for applications such as marking, engraving, printing, welding, and cutting. For example, ultraviolet (UV) fiber lasers are used for marking on white plastics and cabling in electronics and aerospace industries. Further, the UV fiber lasers are increasingly adopted for precise cutting and marking of brittle materials, owing to ease of integration, high performance, and precise tuning.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Fiber Laser Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Fiber Laser Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Automotive Production

5.1.2 Growth of 3D Printing Technology

5.2 Market Restraints

5.2.1 Lower Cutting Speed when Processing Thicker Materials

5.3 Market Opportunities

5.3.1 Rising Demand for Fiber Lasers in Cutting Applications

5.4 Future Trends

5.4.1 Surge in Demand in Various Industries and Emergence of Industrial Automation

5.5 Impact Analysis of Drivers and Restraints

6. Fiber Laser – Global Market Analysis

6.1 Global Fiber Laser Market Overview

6.2 Global Fiber Laser Market Revenue Forecast and Analysis

6.3 Market Positioning – Five Key Players

7. Fiber Laser Market Revenue and Forecast to 2028 – Type

7.1 Overview

7.2 Fiber Laser Market, by Type (2020 And 2028)

7.3 Ultrafast Fiber Laser

7.3.1 Overview

7.3.2 Ultrafast Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

7.4 Ultraviolet Fiber Laser

7.4.1 Overview

7.4.2 Ultraviolet Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

7.5 Infrared Fiber Laser

7.5.1 Overview

7.5.2 Infrared Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

7.6 Visible Fiber Laser

7.6.1 Overview

7.6.2 Visible Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

8. Fiber Laser Market Analysis and Forecast to 2028 – Application

8.1 Overview

8.2 Fiber Laser Market, by Application (2020 And 2028)

8.3 High power cutting and welding

8.3.1 Overview

8.3.2 High Power Cutting and Welding: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

8.4 Fine Processing

8.4.1 Overview

8.4.2 Fine Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)

8.5 Marking

8.5.1 Overview

8.5.2 Marking: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)

8.6 Micro Processing

8.6.1 Overview

8.6.2 Micro Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)

9. Fiber laser Market – Geographic Analysis

9.1 Overview

9.2 North America: Fiber laser Market

9.2.1 North America: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.2.2 North America: Fiber Laser Market, by Type

9.2.3 North America: Fiber Laser Market, by Application

9.2.4 North America: Fiber Laser Market, by Key Country

9.2.4.1 US: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.1.1 US: Fiber Laser Market, by Type

9.2.4.1.2 US: Fiber Laser Market, by Application

9.2.4.2 Canada: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.2.1 Canada: Fiber Laser Market, by Type

9.2.4.2.2 Canada: Fiber Laser Market, by Application

9.2.4.3 Mexico: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.2.4.3.1 Mexico: Fiber Laser Market, by Type

9.2.4.3.2 Mexico: Fiber Laser Market, by Application

9.3 Europe: Fiber laser Market

9.3.1 Europe: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.3.2 Europe: Fiber Laser Market, by Type

9.3.3 Europe: Fiber Laser Market, by Application

9.3.4 Europe: Fiber Laser Market, by Key Country

9.3.4.1 France: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1 France: Fiber Laser Market, by Type

9.3.4.1.2 France: Fiber Laser Market, by Application

9.3.4.2 Germany: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1 Germany: Fiber Laser Market, by Type

9.3.4.2.2 Germany: Fiber Laser Market, by Application

9.3.4.3 Italy: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1 Italy: Fiber Laser Market, by Type

9.3.4.3.2 Italy: Fiber Laser Market, by Application

9.3.4.4 UK: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1 UK: Fiber Laser Market, by Type

9.3.4.4.2 UK: Fiber Laser Market, by Application

9.3.4.5 Russia: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1 Russia: Fiber Laser Market, by Type

9.3.4.5.2 Russia: Fiber Laser Market, by Application

9.3.4.6 Rest of Europe: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1 Rest of Europe: Fiber Laser Market, by Type

9.3.4.6.2 Rest of Europe: Fiber Laser Market, by Application

9.4 APAC: Fiber laser Market

9.4.1 APAC: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.4.2 APAC: Fiber Laser Market, by Type

9.4.3 APAC: Fiber Laser Market, by Application

9.4.4 APAC: Fiber Laser Market, by Key Country

9.4.4.1 China: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1 China: Fiber Laser Market, by Type

9.4.4.1.2 China: Fiber Laser Market, by Application

9.4.4.2 Japan: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1 Japan: Fiber Laser Market, by Type

9.4.4.2.2 Japan: Fiber Laser Market, by Application

9.4.4.3 India: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1 India: Fiber Laser Market, by Type

9.4.4.3.2 India: Fiber Laser Market, by Application

9.4.4.4 South Korea: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1 South Korea: Fiber Laser Market, by Type

9.4.4.4.2 South Korea: Fiber Laser Market, by Application

9.4.4.5 Australia: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1 Australia: Fiber Laser Market, by Type

9.4.4.5.2 Australia: Fiber Laser Market, by Application

9.4.4.6 Rest of APAC: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4.6.1 Rest of APAC: Fiber Laser Market, by Type

9.4.4.6.2 Rest of APAC: Fiber Laser Market, by Application

9.5 MEA: Fiber laser Market

9.5.1 MEA: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.5.2 MEA: Fiber Laser Market, by Type

9.5.3 MEA: Fiber Laser Market, by Application

9.5.4 MEA: Fiber Laser Market, by Key Country

9.5.4.1 South Africa: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1 South Africa: Fiber Laser Market, by Type

9.5.4.1.2 South Africa: Fiber Laser Market, by Application

9.5.4.2 UAE: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1 UAE: Fiber Laser Market, by Type

9.5.4.2.2 UAE: Fiber Laser Market, by Application

9.5.4.3 Saudi Arabia: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1 Saudi Arabia: Fiber Laser Market, by Type

9.5.4.3.2 Saudi Arabia: Fiber Laser Market, by Application

9.5.4.4 Rest of MEA: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.5.4.4.1 Rest of MEA: Fiber Laser Market, by Type

9.5.4.4.2 Rest of MEA: Fiber Laser Market, by Application

9.6 SAM: Fiber laser Market

9.6.1 SAM: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.6.2 SAM: Fiber Laser Market, by Type

9.6.3 SAM: Fiber Laser Market, by Application

9.6.4 SAM: Fiber Laser Market, by Key Country

9.6.4.1 Brazil: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1 Brazil: Fiber Laser Market, by Type

9.6.4.1.2 Brazil: Fiber Laser Market, by Application

9.6.4.2 Argentina: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1 Argentina: Fiber Laser Market, by Type

9.6.4.2.2 Argentina: Fiber Laser Market, by Application

9.6.4.3 Rest of SAM: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1 Rest of SAM: Fiber Laser Market, by Type

9.6.4.3.2 Rest of SAM: Fiber Laser Market, by Application

10. Fiber laser Market - COVID-19 Impact Analysis

10.1 Overview

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 Middle East and Africa

10.6 South America

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Merger and Acquisition

12. Company Profiles

12.1 Active Fiber Systems GmbH

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 IPG Photonics Corporation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Fujikura Ltd.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Convergent Photonics

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Coherent, Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Jenoptik AG

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Maxphotonics Co,.Ltd

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 nLIGHT, Inc.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 TRUMPF GmbH + Co. KG

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Wuhan Raycus Fiber Laser Technologies Co., Ltd.

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. Global Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)

Table 2. North America: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: Fiber Laser Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. Mexico: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Europe: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. Europe: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 13. Europe: Fiber Laser Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 14. France: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. France: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 16. Germany: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 17. Germany: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 18. Italy: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 19. Italy: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20. UK: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 21. UK: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 22. Russia: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 23. Russia: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of Europe: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 25. Rest of Europe: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 26. APAC: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 27. APAC: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 28. APAC: Fiber Laser Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 29. China: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 30. China: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 31. Japan: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 32. Japan: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 33. India: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 34. India: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 35. South Korea: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 36. South Korea: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 37. Australia: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 38. Australia: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 39. Rest of APAC: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 40. Rest of APAC: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 41. MEA: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 42. MEA: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 43. MEA: Fiber Laser Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 44. South Africa: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 45. South Africa: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 46. UAE: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 47. UAE: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 48. Saudi Arabia: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 49. Saudi Arabia: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 50. Rest of MEA: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 51. Rest of MEA: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 52. SAM: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 53. SAM: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 54. SAM: Fiber Laser Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 55. Brazil: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 56. Brazil: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 57. Argentina: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 58. Argentina: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 59. Rest of SAM: Fiber Laser Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 60. Rest of SAM: Fiber Laser Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 61. List of Abbreviation

LIST OF FIGURES

Figure 1. Fiber Laser Market Segmentation

Figure 2. Fiber laser Market Segmentation – By Geography

Figure 3. Global Fiber Laser Market Overview

Figure 4. Fiber Laser Market, by Type

Figure 5. Fiber Laser Market, by Application

Figure 6. Fiber Laser Market, by Geography

Figure 7. North America PEST Analysis

Figure 8. Europe PEST Analysis

Figure 9. APAC – PEST Analysis

Figure 10. MEA PEST Analysis

Figure 11. SAM PEST Analysis

Figure 12. Fiber Laser Market- Ecosystem Analysis

Figure 13. Fiber Laser Market Impact Analysis of Drivers and Restraints

Figure 14. Geographic Overview of Fiber Laser Market

Figure 15. Global Fiber Laser Market Revenue Forecast and Analysis (US$ Million)

Figure 16. Fiber Laser Market, by Type (2020 and 2028)

Figure 17. Ultrafast Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. Ultraviolet Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. Infrared Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. Visible Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. Fiber Laser Market, by Application (2020 and 2028)

Figure 22. High Power Cutting and Welding: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

Figure 23. Fine Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. Marking: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. Micro Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. Global Fiber Laser Market Revenue Share, By Region (2020 and 2028)

Figure 27. North America: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. North America: Fiber Laser Market Revenue Share, by Type (2020 and 2028)

Figure 29. North America: Fiber Laser Market Revenue Share, by Application (2020 and 2028)

Figure 30. North America: Fiber Laser Market Revenue Share, by Key Country (2020 and 2028)

Figure 31. US: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Canada: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Mexico: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Europe: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Europe: Fiber Laser Market Revenue Share, by Type (2020 and 2028)

Figure 36. Europe: Fiber Laser Market Revenue Share, by Application (2020 and 2028)

Figure 37. Europe: Fiber Laser Market Revenue Share, by Key Country (2020 and 2028)

Figure 38. France: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. Germany: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Italy: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. UK: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. Russia: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43. Rest of Europe: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44. APAC: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45. APAC: Fiber Laser Market Revenue Share, by Type (2020 and 2028)

Figure 46. APAC: Fiber Laser Market Revenue Share, by Application (2020 and 2028)

Figure 47. APAC: Fiber Laser Market Revenue Share, by Key Country (2020 and 2028)

Figure 48. China: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. Japan: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50. India: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51. South Korea: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 52. Australia: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 53. Rest of APAC: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 54. MEA: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55. MEA: Fiber Laser Market Revenue Share, by Type (2020 and 2028)

Figure 56. MEA: Fiber Laser Market Revenue Share, by Application (2020 and 2028)

Figure 57. MEA: Fiber Laser Market Revenue Share, by Key Country (2020 and 2028)

Figure 58. South Africa: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59. UAE: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60. Saudi Arabia: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61. Rest of MEA: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 62. SAM: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 63. SAM: Fiber Laser Market Revenue Share, by Type (2020 and 2028)

Figure 64. SAM: Fiber Laser Market Revenue Share, by Application (2020 and 2028)

Figure 65. SAM: Fiber Laser Market Revenue Share, by Key Country (2020 and 2028)

Figure 66. Brazil: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 67. Argentina: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 68. Rest of SAM: Fiber Laser Market – Revenue and Forecast to 2028 (US$ Million)

Figure 69. Impact of COVID-19 Pandemic in North America Country Markets

Figure 70. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 71. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 72. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 73. Impact of COVID-19 Pandemic in South America Country Markets

The List of Companies - Fiber Laser Market

  1. Active Fiber Systems GmbH       
  2. IPG Photonics Corporation         
  3. Fujikura Ltd.       
  4. Convergent Photonics    
  5. Coherent, Inc.    
  6. Jenoptik AG        
  7. Maxphotonics Co,.Ltd    
  8. nLIGHT, Inc.        
  9. TRUMPF GmbH + Co. KG           
  10. Wuhan Raycus Fiber Laser Technologies Co., Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Fiber Laser Market