Global Industrial Fiber Laser Market Growth of 13.42% CAGR by 2020

About Fiber Laser

A fiber laser is a different form of solid-state laser that uses a medium of fiber covering instead of a shaft. The fiber in fiber lasers uses more surface area to disperse the heat quite easily. The increasing need for compact components in a variety of industries is bringing lasers into applications. Lasers help in the miniaturization process by providing a highly focused beam that can process very small components.

Technavios analysts forecast the global industrial fiber laser market to grow at a CAGR of 13.42% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial fiber laser market for 2016-2020. To calculate the market size, the report considers the sale of fiber laser units.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Industrial Fiber Laser Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Download The sample Copy Of This Report:
http://www.marketresearchreports.biz/sample/sample/775679

Key vendors
Coherent
IPG Photonics
Rofin-Sinar Technologies
TRUMPF

Market driver
Increasing replacement of conventional lasers with fiber lasers
For a full, detailed list, view our report

Market challenge
Shortage in supply of rare-earth elements
For a full, detailed list, view our report

Market trend
Growth in 3D printing market
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Mr. Nachiket
State Tower
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA: Canada Toll Free: 866-997-4948
Website: http://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz

This release was published on openPR.