Press release
Fiber lasers Market Expansion Continues, with Forecast Valuation of $7.47 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Fiber lasers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, a substantial growth has been observed in the fiber lasers market size. The market is predicted to expand from $4.15 billion in 2024 to $4.56 billion in 2025, expanding at a compound annual growth rate (CAGR) of 9.8%. This growth during the historic period can be accredited to sectors such as industrial applications, telecommunications, military and defense, as well as medical and healthcare.
Fiber lasers Market Size Forecast: What's the Projected Valuation by 2029?
The market for fiber lasers is anticipated to witness substantial expansion in the coming years. Its projected value in 2029 would be around $7.47 billion, increasing at a compound annual growth rate (CAGR) of 13.2%. This predicted growth within the forecast period can be accredited to advancements in manufacturing, fiber optic communication, energy efficiency as well as aerospace and defense. The forecast period will also see major trends like high power fiber lasers, fiber laser cutting and welding, and usage in medical and healthcare applications and 3D printing.
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What Are the Drivers Transforming the Fiber lasers Market?
An increase in disposable income contributes substantially to the expansion of the automobile and mobile electronics sectors, in turn propelling the fiber laser market. CEIC Data reveals a 10% increase in disposable income in India, which consequently spurred the growth of both the automobile and mobile electronics sectors. As a result, these markets are expanding rapidly, making the use of fiber lasers essential to maintaining this pace of growth. Fiber lasers play a critical role in the labeling, cutting, and welding of automobile parts, simplifying the process of working with smaller and more intricate components. As mobile electronic devices continue to reduce in size, the demand for fiber lasers in the electronics industry also grows, assisting in the cutting of slim and delicate electronic pieces. Notably, prominent companies such as Laserline, Trumpf, and Coherent are producing fiber lasers specifically designed for use in the automobile sector.
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Which Fast-Growing Trends Are Poised to Disrupt the Fiber lasers Market?
Trend 1.
The fiber laser market has seen the advent of advanced technologies including high-power fiber lasers and diode lasers. The diode laser, boasting an 800 nm wavelength, provides the highest level of penetration. A unique blue laser technology, primarily designed for welding jobs, is another addition to the market. This novel blue laser surpasses the regular laser in terms of power and brightness, and importantly, it doesn't produce excessive heat. These innovations in fiber laser technology enhance precision in material welding and cutting operations. Bystronic, a Switzerland-originated laser firm, is at the forefront, providing these latest high-power fiber and diode lasers for diverse tasks such as welding, cutting, and material processing. Furthermore, NUBURU, an American company, is recognized for devising and producing high-power blue laser technology.
Which Segments in the Fiber lasers Market Offer the Most Profit Potential?
The fiber lasers market covered in this report is segmented -
1) By Type: Infrared Fiber Laser, Ultraviolet Fiber Laser, Ultrafast Fiber Laser
2) By Application: Marking, Micro Processing, High Power, Fine Processing
3) By End Use: Material Processing, Healthcare: Other End Users
Subsegments:
1) By Infrared Fiber Laser: Continuous Wave (CW) Infrared Fiber Laser, Pulsed Infrared Fiber Laser
2) By Ultraviolet Fiber Laser: UV Laser with High Pulse Energy, Low-Power UV Fiber Laser, High-Power UV Fiber Laser
3) By Ultrafast Fiber Laser: Femtosecond Fiber Laser, Picosecond Fiber Laser, Milder Duration (Nanosecond) Ultrafast Fiber Laser
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Which Firms Dominate the Fiber lasers Market by Market Share and Revenue in 2025?
Major companies operating in the fiber lasers market include Amonics Ltd., Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, Jenoptik Laser GmbH, CY Laser SRL, NKT Photonics A/S, Quantel Group, TRUMPF SE + Co KG, Toptica Photonics AG, Lasertechnologie GmbH, Sigma Mechatronics Pvt Ltd., SPI Lasers Limited, Wuhan Raycus Fiber Laser Technologies Co Ltd., MaxPhotonics Co Ltd., Lumentum Operations LLC, nLIGHT Inc., Keopsys SA, Fujikura Ltd., Furukawa Electric Co Ltd., Newport Corporation, EO Technics Co Ltd., O.R. Lasertechnologie GmbH, Avonisys AG, Bystronic Inc., Amada Weld Tech Co Ltd., Epilog Laser, Raymond Laser, Accurl, Thorlabs Inc.
Which Regions Offer the Highest Growth Potential in the Fiber lasers Market?
Asia Pacific was the largest region in the fiber lasers market in 2024. The regions covered in the fiber lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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