Market Overview:
The global crystal fiber laser market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high power lasers for various applications such as cutting, welding and other, marking, fine processing and micro processing. In terms of type, the ruby single crystal fiber laser segment is expected to hold the largest share of the global crystal fiber laser market during the forecast period. This can be attributed to its high efficiency and low cost as compared to other types of lasers available in the market. In terms of region, North America is expected to hold the largest share of the global crystal fiber laser market duringthe forecast period followed by Europe and Asia Pacific.
Product Definition:
Crystal Fiber Laser is a laser that uses optical fibers as its gain medium. It is important because it can be used for many different applications, including telecommunications, medicine, and manufacturing.
Ruby Single Crystal Fiber Laser:
Single crystal fiber (SCF) is a type of optical fiber which consists of very small fibers, usually less than one micron. The SCF is made from silica and has low absorption coefficient in the infrared region. It can be used as an alternative to free-space optics for some applications where high power density and short pulses are required.
YAG Single Crystal Fiber Laser:
Single-crystal fiber is a type of optical fiber, which is made from silica and has no internal structural support. It was first developed by the Telecommunication Industry Association (TIA) as an alternative to doped YAG (Erbium-Doped Yttrium Aluminum Garnet). The crystal structure allows for higher transmission through the core at low power levels.
Application Insights:
The high power segment dominated the global crystal fiber laser market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for metal cutting applications across various industries such as construction, automotive, and aerospace. Metal cutting is a major application area where these lasers are used owing to their ability to cut through metals with minimal heat generation and maximum efficiency.
In addition, these lasers offer advantages over CO2 and other conventional machines due to their low maintenance cost and high precision capability during long-time operations. Furthermore, they have applications across multiple industries including semiconductor packaging & testing; microelectronics; medical equipment & devices; research institutes & laboratories; education systems etc., which is expected to drive the product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the next eight years. The region has been witnessing rapid industrialization, which has led to an increasing demand for fiber lasers in various applications. China, Japan, South Korea and India are among the major countries that have contributed significantly toward regional growth owing to their large population coupled with a high rate of industrialization.
The growing manufacturing sector across Asia Pacific is also anticipated to fuel product demand from end-use industries such as automotive (light weighting vehicles), aerospace & defense (flight safety) and medical (ophthalmic surgery). Moreover, rising investments by foreign players such as Boeing Company; Airbus S.A.; Lockheed Martin Corporation; Raytheon Technologies Corporation; General Electric; Northrop Grumman Corporation are expected to drive industry expansion over the forecast period.
Growth Factors:
- Increasing demand for crystal fiber lasers in the medical industry for use in surgeries and other treatments
- Growing demand from the defense sector for high-powered laser systems
- Proliferation of crystal fiber laser technology in manufacturing and industrial applications
- Advances in optical components that improve the performance of crystal fiber lasers
- Reduction in cost of ownership due to technological advances
Scope Of The Report
Report Attributes
Report Details
Report Title
Crystal Fiber Laser Market Research Report
By Type
Ruby Single Crystal Fiber Laser, YAG Single Crystal Fiber Laser
By Application
High Power (Cutting, Welding & Other), Marking, Fine Processing, Micro Processing
By Companies
IPG Photonics, Trumpf, Coherent, Raycus, Maxphotonics, nLIGHT, Lumentum Operations, Jenoptik, EO Technics, JPT Opto-electronics, IPG Photonics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Crystal Fiber Laser Market Report Segments:
The global Crystal Fiber Laser market is segmented on the basis of:
Types
Ruby Single Crystal Fiber Laser, YAG Single Crystal Fiber Laser
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High Power (Cutting, Welding & Other), Marking, Fine Processing, Micro Processing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IPG Photonics
- Trumpf
- Coherent
- Raycus
- Maxphotonics
- nLIGHT
- Lumentum Operations
- Jenoptik
- EO Technics
- JPT Opto-electronics
- IPG Photonics
Highlights of The Crystal Fiber Laser Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ruby Single Crystal Fiber Laser
- YAG Single Crystal Fiber Laser
- By Application:
- High Power (Cutting, Welding & Other)
- Marking
- Fine Processing
- Micro Processing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Crystal Fiber Laser Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Crystal fiber laser is a type of laser that uses a crystal as the optical fiber. This allows for very high power and long-distance transmission, making it an ideal tool for applications such as surgery and manufacturing.
Some of the major players in the crystal fiber laser market are IPG Photonics, Trumpf, Coherent, Raycus, Maxphotonics, nLIGHT, Lumentum Operations, Jenoptik, EO Technics, JPT Opto-electronics, IPG Photonics.
The crystal fiber laser market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Crystal Fiber Laser Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Crystal Fiber Laser Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Crystal Fiber Laser Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Crystal Fiber Laser Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Crystal Fiber Laser Market Size & Forecast, 2018-2028
4.5.1 Crystal Fiber Laser Market Size and Y-o-Y Growth
4.5.2 Crystal Fiber Laser Market Absolute $ Opportunity
Chapter 5 Global Crystal Fiber Laser Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Crystal Fiber Laser Market Size Forecast by Type
5.2.1 Ruby Single Crystal Fiber Laser
5.2.2 YAG Single Crystal Fiber Laser
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Crystal Fiber Laser Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Crystal Fiber Laser Market Size Forecast by Applications
6.2.1 High Power (Cutting
6.2.2 Welding & Other)
6.2.3 Marking
6.2.4 Fine Processing
6.2.5 Micro Processing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Crystal Fiber Laser Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Crystal Fiber Laser Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Crystal Fiber Laser Analysis and Forecast
9.1 Introduction
9.2 North America Crystal Fiber Laser Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Crystal Fiber Laser Market Size Forecast by Type
9.6.1 Ruby Single Crystal Fiber Laser
9.6.2 YAG Single Crystal Fiber Laser
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Crystal Fiber Laser Market Size Forecast by Applications
9.10.1 High Power (Cutting
9.10.2 Welding & Other)
9.10.3 Marking
9.10.4 Fine Processing
9.10.5 Micro Processing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Crystal Fiber Laser Analysis and Forecast
10.1 Introduction
10.2 Europe Crystal Fiber Laser Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Crystal Fiber Laser Market Size Forecast by Type
10.6.1 Ruby Single Crystal Fiber Laser
10.6.2 YAG Single Crystal Fiber Laser
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Crystal Fiber Laser Market Size Forecast by Applications
10.10.1 High Power (Cutting
10.10.2 Welding & Other)
10.10.3 Marking
10.10.4 Fine Processing
10.10.5 Micro Processing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Crystal Fiber Laser Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Crystal Fiber Laser Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Crystal Fiber Laser Market Size Forecast by Type
11.6.1 Ruby Single Crystal Fiber Laser
11.6.2 YAG Single Crystal Fiber Laser
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Crystal Fiber Laser Market Size Forecast by Applications
11.10.1 High Power (Cutting
11.10.2 Welding & Other)
11.10.3 Marking
11.10.4 Fine Processing
11.10.5 Micro Processing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Crystal Fiber Laser Analysis and Forecast
12.1 Introduction
12.2 Latin America Crystal Fiber Laser Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Crystal Fiber Laser Market Size Forecast by Type
12.6.1 Ruby Single Crystal Fiber Laser
12.6.2 YAG Single Crystal Fiber Laser
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Crystal Fiber Laser Market Size Forecast by Applications
12.10.1 High Power (Cutting
12.10.2 Welding & Other)
12.10.3 Marking
12.10.4 Fine Processing
12.10.5 Micro Processing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Crystal Fiber Laser Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Crystal Fiber Laser Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Crystal Fiber Laser Market Size Forecast by Type
13.6.1 Ruby Single Crystal Fiber Laser
13.6.2 YAG Single Crystal Fiber Laser
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Crystal Fiber Laser Market Size Forecast by Applications
13.10.1 High Power (Cutting
13.10.2 Welding & Other)
13.10.3 Marking
13.10.4 Fine Processing
13.10.5 Micro Processing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Crystal Fiber Laser Market: Competitive Dashboard
14.2 Global Crystal Fiber Laser Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IPG Photonics
14.3.2 Trumpf
14.3.3 Coherent
14.3.4 Raycus
14.3.5 Maxphotonics
14.3.6 nLIGHT
14.3.7 Lumentum Operations
14.3.8 Jenoptik
14.3.9 EO Technics
14.3.10 JPT Opto-electronics
14.3.11 IPG Photonics
