Market Overview:
The global plastic fiber laser market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for high-power lasers for various applications, rising adoption of fiber lasers in micro processing and fine processing applications, and growing demand for laser marking systems. Based on type, the global plastic fiber laser market is segmented into continuous wave (CW) fiber lasers and pulsed fiber lasers. CW fiber lasers are expected to account for a larger share of the market than pulsed fibers lasers during the forecast period. This can be attributed to their higher power output as well as their ability to provide superior beam quality compared with pulsed fibers lasers. Based on application, the global plastic fiber laser market is segmented into high power (cutting, welding & other), marking, fine processing, and micro processing applications.
Product Definition:
A plastic fiber laser is a type of laser that uses optical fibers made from plastic to transmit light. They are often used in applications where lasers need to be portable or where high power is not required.
Continuous Wave (CW) Fiber Laser:
Continuous Wave (CW) fiber laser is a specific type of optical fiber that emits light in a continuous fashion. The term “continuous” is used because the waveform does not have any defined periodicity; i.e., there are no breaks between pulses as seen in Diode lasers or between groups of two or more consecutive waves as seen in Q-switched Nd: YAG lasers.
Pulsed Fiber Laser:
Pulsed fiber laser is a highly intense, short-lived light source that is used to treat various medical conditions. It utilizes optical fibers as its medium for transmission and can be classified into two types: single-pulse and repetitive pulse.
Application Insights:
The high power segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for fiber lasers for cutting, welding and other applications at higher powers. Fiber lasers offer a number of advantages over conventional laser systems such as they are compact, lightweight and consume less power. These factors have led to its increased adoption across various industries including automotive, aerospace & defense and construction where high precision is required along with long-range transmission capabilities.
Micro processing was the fastest growing application segment owing to rising demand from numerous end-use industries such as electronics & semiconductors, medical equipment and appliances manufacturing among others which require micro machining operations on various materials using cutting edge technologies like 3D printers or CNC machines with resolutions below 100um (10µm).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in R&D, growing demand for plastics processing machines, and rising adoption of plastic fiber laser technology across several industries. Moreover, China has emerged as a major hub for manufacturing these devices owing to low production cost coupled with availability of skilled workforce and high-quality raw material supply.
The Asia Pacific regional market is also anticipated to witness significant growth during the forecast period on account of rapid industrialization along with increasing government support & funding towards research activities within the field of lasers & optics.
Growth Factors:
- Increasing demand for high-quality and durable products from the automotive and aerospace industries is expected to drive the growth of the plastic fiber laser market.
- The growing popularity of 3D printing is also anticipated to fuel the demand for plastic fiber lasers in the coming years.
- Rising investments in research and development activities for new applications of plastic fiber lasers are expected to create new opportunities for this market during the forecast period.
- The increasing use of plastics in various end-use industries is projected to boost demand for plastic fiber lasers over the next few years. 5) Growing awareness about benefits offered by laser technology is likely to propel growth of this market in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic 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, Fujikura
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Fiber Laser Market Report Segments:
The global Plastic 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
- Fujikura
Highlights of The Plastic 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 Plastic 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?
Plastic fiber laser is a type of laser that uses plastic fibers as its light source. This type of laser is often used in industrial applications because it has a long wavelength and can be easily tuned to specific colors.
Some of the key players operating in the plastic fiber laser market are IPG Photonics, Trumpf, Coherent, Raycus, Maxphotonics, nLIGHT, Lumentum Operations, Jenoptik, EO Technics, JPT Opto-electronics, Fujikura.
The plastic fiber laser market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Fiber Laser Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Fiber Laser Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Fiber Laser Market - Supply Chain
4.5. Global Plastic Fiber Laser Market Forecast
4.5.1. Plastic Fiber Laser Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Fiber Laser Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Fiber Laser Market Absolute $ Opportunity
5. Global Plastic Fiber Laser Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plastic Fiber Laser Market Size and Volume Forecast by Type
5.3.1. Continuous Wave (CW) Fiber Laser
5.3.2. Pulsed Fiber Laser
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic Fiber Laser Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plastic Fiber Laser Market Size and Volume Forecast by Application
6.3.1. High Power (Cutting, Welding & Other)
6.3.2. Marking
6.3.3. Fine Processing
6.3.4. Micro Processing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic Fiber Laser Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plastic Fiber Laser Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plastic Fiber Laser Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plastic Fiber Laser Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plastic Fiber Laser Demand Share Forecast, 2019-2026
9. North America Plastic Fiber Laser Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plastic Fiber Laser Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plastic Fiber Laser Market Size and Volume Forecast by Application
9.4.1. High Power (Cutting, Welding & Other)
9.4.2. Marking
9.4.3. Fine Processing
9.4.4. Micro Processing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Fiber Laser Market Size and Volume Forecast by Type
9.7.1. Continuous Wave (CW) Fiber Laser
9.7.2. Pulsed Fiber Laser
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plastic Fiber Laser Demand Share Forecast, 2019-2026
10. Latin America Plastic Fiber Laser Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plastic Fiber Laser Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plastic Fiber Laser Market Size and Volume Forecast by Application
10.4.1. High Power (Cutting, Welding & Other)
10.4.2. Marking
10.4.3. Fine Processing
10.4.4. Micro Processing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Fiber Laser Market Size and Volume Forecast by Type
10.7.1. Continuous Wave (CW) Fiber Laser
10.7.2. Pulsed Fiber Laser
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plastic Fiber Laser Demand Share Forecast, 2019-2026
11. Europe Plastic Fiber Laser Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plastic Fiber Laser Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plastic Fiber Laser Market Size and Volume Forecast by Application
11.4.1. High Power (Cutting, Welding & Other)
11.4.2. Marking
11.4.3. Fine Processing
11.4.4. Micro Processing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Fiber Laser Market Size and Volume Forecast by Type
11.7.1. Continuous Wave (CW) Fiber Laser
11.7.2. Pulsed Fiber Laser
11.8. Basis Point Share (PS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plastic Fiber Laser Demand Share, 2019-2026
12. Asia Pacific Plastic Fiber Laser Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plastic Fiber Laser Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plastic Fiber Laser Market Size and Volume Forecast by Application
12.4.1. High Power (Cutting, Welding & Other)
12.4.2. Marking
12.4.3. Fine Processing
12.4.4. Micro Processing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Fiber Laser Market Size and Volume Forecast by Type
12.7.1. Continuous Wave (CW) Fiber Laser
12.7.2. Pulsed Fiber Laser
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plastic Fiber Laser Demand Share, 2019-2026
13. Middle East & Africa Plastic Fiber Laser Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plastic Fiber Laser Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plastic Fiber Laser Market Size and Volume Forecast by Application
13.4.1. High Power (Cutting, Welding & Other)
13.4.2. Marking
13.4.3. Fine Processing
13.4.4. Micro Processing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Fiber Laser Market Size and Volume Forecast by Type
13.7.1. Continuous Wave (CW) Fiber Laser
13.7.2. Pulsed Fiber Laser
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plastic Fiber Laser Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plastic Fiber Laser Market: Market Share Analysis
14.2. Plastic Fiber Laser Distributors and Customers
14.3. Plastic Fiber Laser Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IPG Photonics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trumpf
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Coherent
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Raycus
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Maxphotonics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. nLIGHT
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lumentum Operations
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jenoptik
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. EO Technics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JPT Opto-electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fujikura
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
