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Fiber Laser Market Size to Soar in the Years to Come | O.R. Lasertechnologie GmbH, Sigma Mechatronics , SPI Lasers Limited
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Furthermore, increase in innovations have greatly reduced the costs associated with fiber lasers, when contrasted with alternate technologies. Better innovation implies fiber lasers are becoming stronger, more effective, and more energy efficient.
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. 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.
KEY MARKET BENEFITS
The study provides an in-depth analysis of the global fiber laser market along with the current trends and future estimations to elucidate the imminent investment pockets.
The report presents a quantitative analysis of the market from 2017 to 2025 to enable stakeholders to capitalize on the prevailing market opportunities.
An extensive analysis of the market based on application assists in understanding the trends in the industry.
The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
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The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
The list of key players operating in this market includes:
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
The other players included in the value chain analysis (and not included in the report) include:
O.R. Lasertechnologie GmbH
Sigma Mechatronics Pvt. Ltd.
SPI Lasers Limited
KEY MARKET SEGMENTS
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 & Others
Power Train
Tube Welding
Car Body Scanner Welding
Car Body Seam Welding/Brazing
Others
Marking
Fine Processing
Micro Processing
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Rest of Europe
Asia-Pacific
Japan
China
India
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Rest of LAMEA
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