Market Overview:
The global high power infrared fiber laser market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high power infrared fiber lasers in material handling, medical and other industrial applications. The North America region is expected to dominate the global high power infrared fiber laser market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A high power infrared fiber laser is a laser that emits light in the infrared spectrum. These lasers are used for a variety of applications, including telecommunications, manufacturing and medical procedures. The importance of high power infrared fiber lasers lies in their ability to produce large amounts of energy in a small package. This makes them ideal for use in a variety of industries where size and efficiency are important factors.
1-2KW:
1-2KW is the power range of High Power Infrared Fiber Laser. It’s also known as Short Wave infrared (SWIR) or very high frequency (VHF). The wavelength of 1-2KW HPR fiber laser can be between 10nm to 300mm, but usually it’s around 20 - 50mm.
2-6KW:
2-6KW is the range of power in High Power Infrared Fiber Laser (HPIRF) market. It’s a term used for classifying the power of infrared lasers. The 2-6KW IRF market has been growing at a significant pace owing to its wide range of applications in various sectors such as military, industrial, research & development and consumer electronics among others.
Application Insights:
The material handling application segment led the global high power infrared fiber laser market in 2017 and is projected to witness significant growth over the forecast period. Material Handling Industry Association (U.S.) has estimated that by 2040, the industry will reach USD 2,450 billion globally with a CAGR of XX%. The medical application segment is also expected to witness considerable growth over the next eight years owing to increasing adoption of HPLs for surgical applications and non-invasive diagnostics & treatment options across various end-use industries such as pharmaceuticals, food processing and packaging, metalworking machinery manufacturing etcetera.
Regional Analysis:
North America dominated the global high power infrared fiber laser market in 2016 with a revenue share of over 35%. The growth is attributed to the presence of major industry participants such as Corning Incorporated, Infrared Systems Ltd., and L3 Technologies, Inc. Moreover, these players are also focusing on developing new products that can meet the growing demand from end-users. For instance, in September 2017 Corning Incorporated launched its new 10KW HPLaser range for industrial applications. These developments are anticipated to boost regional growth over the forecast period.
Asia Pacific region is expected to witness lucrative growth during the forecast period owing to increasing government initiatives towards infrastructure development coupled with rising demand for material handling equipment in various industries such as automotive and construction among others.
Growth Factors:
- Increasing demand for infrared fiber lasers from the defense and security sector as they are used in night vision and thermal imaging applications
- Growing demand for infrared fiber lasers from the medical sector for use in surgical procedures, diagnostics, and cancer treatment
- Rising adoption of infrared fiber lasers in manufacturing and automotive industries due to their high precision and low cost of ownership
- Proliferation of new applications for infrared fiber lasers such as 3D printing, materials processing, spectroscopy etc.
- Technological advancements that have led to the development of smaller, more efficient, and higher power infrared fiber lasers
Scope Of The Report
Report Attributes
Report Details
Report Title
High Power Infrared Fiber Laser Market Research Report
By Type
1-2KW, 2-6KW, Above 6KW
By Application
Material Handling, Medical, Other Industrial Applications
By Companies
IPG Photonics, Trumpf, Coherent, Raycus, nLIGHT, Lumentum Operations, Maxphotonics, Fujikura, Fanuc
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global High Power Infrared Fiber Laser Market Report Segments:
The global High Power Infrared Fiber Laser market is segmented on the basis of:
Types
1-2KW, 2-6KW, Above 6KW
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
Material Handling, Medical, Other Industrial Applications
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
- nLIGHT
- Lumentum Operations
- Maxphotonics
- Fujikura
- Fanuc
Highlights of The High Power Infrared 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:
- 1-2KW
- 2-6KW
- Above 6KW
- By Application:
- Material Handling
- Medical
- Other Industrial Applications
- 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 High Power Infrared 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?
A high power infrared fiber laser is a type of laser that emits light in the infrared range of the electromagnetic spectrum. These lasers are typically used for industrial and medical applications, such as cutting and welding.
Some of the major players in the high power infrared fiber laser market are IPG Photonics, Trumpf, Coherent, Raycus, nLIGHT, Lumentum Operations, Maxphotonics, Fujikura, Fanuc.
The high power infrared fiber laser market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Power Infrared 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 High Power Infrared Fiber Laser Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Power Infrared 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 High Power Infrared 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 High Power Infrared Fiber Laser Market Size & Forecast, 2020-2028
4.5.1 High Power Infrared Fiber Laser Market Size and Y-o-Y Growth
4.5.2 High Power Infrared Fiber Laser Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 1-2KW
5.2.2 2-6KW
5.2.3 Above 6KW
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Material Handling
6.2.2 Medical
6.2.3 Other Industrial Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Power Infrared 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 High Power Infrared 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 1-2KW
9.6.2 2-6KW
9.6.3 Above 6KW
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 Market Size Forecast by Applications
9.10.1 Material Handling
9.10.2 Medical
9.10.3 Other Industrial Applications
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 1-2KW
10.6.2 2-6KW
10.6.3 Above 6KW
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 Market Size Forecast by Applications
10.10.1 Material Handling
10.10.2 Medical
10.10.3 Other Industrial Applications
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 1-2KW
11.6.2 2-6KW
11.6.3 Above 6KW
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 Market Size Forecast by Applications
11.10.1 Material Handling
11.10.2 Medical
11.10.3 Other Industrial Applications
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 1-2KW
12.6.2 2-6KW
12.6.3 Above 6KW
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 Market Size Forecast by Applications
12.10.1 Material Handling
12.10.2 Medical
12.10.3 Other Industrial Applications
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 1-2KW
13.6.2 2-6KW
13.6.3 Above 6KW
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) Market Size Forecast by Applications
13.10.1 Material Handling
13.10.2 Medical
13.10.3 Other Industrial Applications
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 High Power Infrared Fiber Laser Market: Competitive Dashboard
14.2 Global High Power Infrared 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 nLIGHT
14.3.6 Lumentum Operations
14.3.7 Maxphotonics
14.3.8 Fujikura
14.3.9 Fanuc
