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Fiber Laser Market Growth and Industry Revenue By Major Companies That Propel Them Amonics Ltd., Apollo Instruments, Coherent, IPG Photonics, Jenoptik Laser, CY Laser SRL, Quantel Group, TRUMPF & Toptica Photonics AG

11-28-2018 09:32 PM CET | Health & Medicine

Press release from: Allied Market Research

Fiber Laser Market Growth and Industry Revenue By Major

The global fiber laser market accounted for $1,782 million in 2017, and is projected to reach $4,403 million by 2025, registering a CAGR of 11.9% from 2018 to 2025.

Technological advancements with respect to fiber, high beam quality & lower cost of ownership, and eco-friendly technology are some of the key factors that drive the growth of the fiber lasers market. Furthermore, increase in applications of fiber laser is expected to augment the growth of the market during the forecast period.

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The global fiber laser market is segmented based on various parameters such as type, application, and region. Based on fiber laser type, the market is classified into infrared fiber laser, ultraviolet fiber laser, ultrafast fiber laser, and visible fiber laser. Further based on application, the market is divided into high power, marking, fine processing, and micro processing. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Fiber lasers consist of long optical fibers containing excellent thermal properties. They allow easy integration of the pump diodes and fiber components. The design of fiber lasers is more compact, efficient, and reliable as compared to conventional lasers.

The major factors that drive the fiber laser market across the globe are continuous technological advancements, high beam quality & lower cost of ownership, and eco-friendly technology. The growth in trend of green manufacturing and increase in concern among material manufacturers regarding the impact of their product on the environment across various industrial sectors have made fiber lasers an attractive choice for cutting and marking applications. Easily automated and energy efficient fiber laser solutions are increasingly replacing the traditional methods such as chemical etching and ink-based printing that are employed for machine marking.

By type, the fiber laser market is segmented into infrared fiber laser, ultraviolet fiber laser, ultrafast fiber laser, and visible fiber laser. The ultrafast fiber laser segment accounted for nearly two-thirds of the market revenue in 2017. This was attributed to its properties such as compact size, high beam quality, wall plug efficiency, and reliability. In addition, ultrafast lasers are manufactured using the technique of chirped pulse application, which suppresses the undesired pulse pedestals and nonlinear optical effects. The ultrafast laser segment is bifurcated into picosecond fiber laser and femtosecond fiber laser. The femtosecond fiber laser segment accounted for nearly three-fourths share of the global ultrafast fiber laser market revenue in 2017.

High power application is expected to grow at a CAGR of 15.8% in terms of revenue from 2018 to 2025, owing to employment of fiber lasers in cost-effective cutting and welding applications. Marking accounts for the second largest share in terms of revenue, which is attributed to the FDA requirement for marking unique identification number on all medical, dental, and surgical devices for patient safety.

Key Findings of the Fiber Laser Market:

• Asia-Pacific is expected to remain dominant from 2018 to 2025 in terms of revenue, followed by North America.
• The picosecond fiber laser market is expected to grow at a CAGR of 11.4% during the forecast period.
• Quasi-CW green fiber laser is the fastest growing type in terms of revenue in the global visible fiber laser market, with a CAGR of 46.0% from 2018 to 2025.
• Mexico is the fastest developing region in the North America fiber laser market, growing at a CAGR of 11.2% from 2018 to 2025.

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Asia-Pacific and North America collectively contributed more than two-thirds to the market revenue in 2017. In the same year, Asia-Pacific dominated the market, in terms of revenue, owing to increased demand of fiber lasers in electronics and automotive industry.

The report provides an extensive competitive analysis and profiles of the key market players, such as

• Amonics Ltd.,
• 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.

The other players in the value chain (not included in the report) include O.R. Lasertechnologie GmbH, Sigma Mechatronics Pvt. Ltd., and SPI Lasers Limited.

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LIST OF TABLES

TABLE 01. GLOBAL FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 02. INFRARED FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 03. ULTRAVIOLET FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 04. ULTRAVIOLET FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 05. ULTRAVIOLET FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 06. VISIBLE FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 07. VISIBLE FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 08. GLOBAL FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 09. HIGH POWER FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 10. FIBER LASER MARKET FOR HIGH POWER FIBER LASER, BY APPLICATION TYPE, 2017-2025 ($MILLION)
TABLE 11. GLOBAL FIBER LASER MARKET, REVENUE IN HIGH POWER CUTTING APPLICATION, BY TYPE, 2014-2022 ($MILLION)
TABLE 12. GLOBAL FIBER LASER MARKET, REVENUE IN WELDING & OTHER APPLICATION, BY TYPE, 2014-2022 ($MILLION)
TABLE 13. MARKING FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 14. FINE PROCESSING FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 15. MICRO PROCESSING FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 16. GLOBAL FIBER LASER MARKET, BY GEOGRAPHY, 2017-2025 ($MILLION)
TABLE 17. NORTH AMERICA FIBER LASER MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 18. U.S. FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 19. U.S. FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 20. CANADA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 21. CANADA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 22. MEXICO FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 23. MEXICO FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 24. NORTH AMERICA FIBER LASER MARKET BY TYPE, 2017-2025 ($MILLION)
TABLE 25. NORTH AMERICA FIBER LASER MARKET BY APPLICATION, 2017-2025 ($MILLION)
TABLE 26. EUROPE FIBER LASER MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 27. GERMANY FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 28. GERMANY FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 29. FRANCE FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 30. FRANCE FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 31. UK FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 32. UK FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 33. REST OF EUROPE FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 34. REST OF EUROPE FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 35. EUROPE FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 36. EUROPE FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 37. ASIA-PACIFIC FIBER LASER MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 38. JAPAN FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 39. JAPAN FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 40. CHINA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 41. CHINA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 42. INDIA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 43. INDIA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 44. REST OF ASIA-PACIFIC FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 45. REST OF ASIA-PACIFIC FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 46. ASIA-PACIFIC FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 47. ASIA-PACIFIC FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 48. LAMEA FIBER LASER MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 49. BRAZIL FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 50. BRAZIL FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 51. SOUTH AFRICA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 52. SOUTH AFRICA FIBER LASER MARKET, BY APPLICATION, 2015-2025 ($MILLION)
TABLE 53. REST OF LAMEA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 54. REST OF LAMEA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 55. LAMEA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 56. LAMEA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 57. AMONICS: COMPANY SNAPSHOT
TABLE 58. AMONICS: OPERATING SEGMENTS
TABLE 59. AMONICS: PRODUCT PORTFOLIO
TABLE 60. APOLLO INSTRUMENTS: COMPANY SNAPSHOT
TABLE 61. APOLLO INSTRUMENTS: OPERATING SEGMENTS
TABLE 62. APOLLO INSTRUMENTS: PRODUCT PORTFOLIO
TABLE 63. COHERENT: COMPANY SNAPSHOT
TABLE 64. COHERENT: OPERATING SEGMENTS
TABLE 65. COHERENT: PRODUCT PORTFOLIO
TABLE 66. COHERENT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 67. CY LASER SRL: COMPANY SNAPSHOT
TABLE 68. CY LASER SRL: PRODUCT PORTFOLIO
TABLE 69. CY LASER SRL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 70. IPG PHOTONICS CORPORATION: COMPANY SNAPSHOT
TABLE 71. IPG PHOTONICS CORPORATION: PRODUCT PORTFOLIO
TABLE 72. IPG PHOTONICS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 73. JENOPTIK GROUP: COMPANY SNAPSHOT
TABLE 74. JENOPTIK GROUP: OPERATING SEGMENTS
TABLE 75. JENOPTIK GROUP: PRODUCT PORTFOLIO
TABLE 76. JENOPTIK GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 77. NKT PHOTONICS A/S: COMPANY SNAPSHOT
TABLE 78. NKT PHOTONICS A/S: OPERATING SEGMENTS
TABLE 79. NKT PHOTONICS A/S: PRODUCT PORTFOLIO
TABLE 80. NKT PHOTONICS A/S: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 81. QUANTEL: COMPANY SNAPSHOT
TABLE 82. QUANTEL: OPERATING SEGMENTS
TABLE 83. QUANTEL: PRODUCT PORTFOLIO
TABLE 84. TRUMPF: COMPANY SNAPSHOT
TABLE 85. QUANTEL: OPERATING SEGMENTS
TABLE 86. TRUMPF: PRODUCT PORTFOLIO
TABLE 87. TOPTICA: COMPANY SNAPSHOT
TABLE 88. TOPTICA: PRODUCT PORTFOLIO

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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