Market Overview:
The global industrial fiber laser market is expected to grow at a CAGR of 10.5% 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 marking. In addition, the growing demand for micro processing lasers is also contributing to the growth of this market. North America is expected to lead the global industrial fiber laser market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A fiber laser is a laser where the light beam is transmitted through optical fibers. The output of a fiber laser can be very high power, and they are often used in industrial applications.
Continuous Wave (CW) Fiber Laser:
Continuous Wave (CW) Fiber Laser is a specific type of laser that operates at a frequency between 10-15 THz. The term used to define the range of frequencies which produces light with special properties. These lasers are specially designed for industrial and scientific applications, they have wavelength ranging from 500 nm to 2 µm and can deliver high power levels over long distances.
Pulsed Fiber Laser:
Pulsed fiber laser is a type of high power (10-20 MW) solid state lasers that are used in industrial applications. It utilizes the stimulated emission of highly pure, monochromatic light from an optical fiber to provide rapid heating and cooling for industrial processes such as welding, cutting or drilling.
Application Insights:
The global industrial fiber laser market has been segmented on the basis of application into high power, marking, fine processing, micro processing and others. The high power segment held a major share in 2017 owing to extensive usage in cutting applications. Fiber lasers are used for various processes including material removal during machining operations as well as for drilling and other forms of machining activities.
The marking application is projected to grow at a significant rate over the forecast period due to its increasing adoption across end-use industries such as automotive and packaging among others. Fiber lasers are widely used for various applications such as code markings, identification codes on products that require tracking or identifying throughout the supply chain process which drives their demand globally.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 38% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for industrial fiber lasers from countries such as China and India. In addition, rising investments by prominent players in developing countries such as China and Japan are anticipated to fuel market growth during the forecast period.
The Asia Pacific region is characterized by high economic development along with rapid industrialization and urbanization resulting into increased manufacturing activities across various industries including automotive, aerospace & defense, electronics among others. These factors are anticipated to drive product demand across numerous applications within several industries thereby fueling regional market growth during the projected time frame.
Europe accounted for more than 20% of total market share in terms of revenue due mainly on growing application sectors such as micro processing and marking along with technological advancements within laser technology itself which has led it become an integral part of almost every major product manufactured today worldwide including smartphones, laptops among many others).
Growth Factors:
- Increasing demand for industrial fiber lasers from the automotive and aerospace industries due to their high performance and precision.
- Growing demand for laser processing in medical device manufacturing due to its ability to produce high-quality results with minimal thermal damage.
- Rising popularity of fiber lasers among manufacturers of consumer electronics due to their small size, low power consumption, and fast switching speeds.
- Increasing use of fiber lasers in metal fabrication applications as they offer superior beam quality and faster cutting speeds than traditional CO2 lasers systems. 5) The increasing adoption of industrial fiber lasers in microprocessing applications owing to their superior beam quality and smaller size
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Fiber Laser Market Research Report
By Type
Continuous Wave (CW) Fiber Laser, Pulsed 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, NKT Photonics, Newport Corporation, Keopsys, Calmar Laser
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Fiber Laser Market Report Segments:
The global Industrial Fiber Laser market is segmented on the basis of:
Types
Continuous Wave (CW) Fiber Laser, Pulsed 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
- NKT Photonics
- Newport Corporation
- Keopsys
- Calmar Laser
Highlights of The Industrial 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:
- Continuous Wave (CW) Fiber Laser
- Pulsed 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 Industrial 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?
Industrial Fiber Laser is a type of laser that is used in industrial applications. These lasers are often used to cut and weld materials.
Some of the major companies in the industrial fiber laser market are IPG Photonics, Trumpf, Coherent, Raycus, Maxphotonics, NLIGHT, Lumentum Operations, Jenoptik, EO Technics, JPT Opto-electronics, IPG Photonics, NKT Photonics, Newport Corporation, Keopsys, Calmar Laser.
The industrial fiber laser market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial 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 Industrial Fiber Laser Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial 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 Industrial 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 Industrial Fiber Laser Market Size & Forecast, 2020-2028
4.5.1 Industrial Fiber Laser Market Size and Y-o-Y Growth
4.5.2 Industrial 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 Continuous Wave (CW) Fiber Laser
5.2.2 Pulsed Fiber Laser
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 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 Industrial 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 Industrial 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 Continuous Wave (CW) Fiber Laser
9.6.2 Pulsed 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 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 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 Continuous Wave (CW) Fiber Laser
10.6.2 Pulsed 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 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 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 Continuous Wave (CW) Fiber Laser
11.6.2 Pulsed 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 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 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 Continuous Wave (CW) Fiber Laser
12.6.2 Pulsed 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 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) 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 Continuous Wave (CW) Fiber Laser
13.6.2 Pulsed 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) 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 Industrial Fiber Laser Market: Competitive Dashboard
14.2 Global Industrial 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
14.3.12 NKT Photonics
14.3.13 Newport Corporation
14.3.14 Keopsys
14.3.15 Calmar Laser
