Fiber Laser Market Scope And Analysis

Report Code : TIPTE100000578
Category : Electronics and Semiconductor

No. of Pages : 150

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Fiber Laser Market Analysis, Trends, and Scope 2022 to 2028

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Fiber Laser Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 2.81 Billion
Market Size by 2031	US$ 6.53 Billion
Global CAGR (2023 - 2031)	11.1%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Infrared Fiber Laser Ultraviolet Fiber Laser Ultrafast Fiber Laser Visible Fiber Laser By Application High Power Cutting & Welding Marking Fine Processing Micro Processing
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Active Fiber Systems GmbH IPG Photonics Corporation Fujikura Ltd Convergent Photonics Coherent Inc Jenoptik AG Maxphotonics Co Ltd nLIGHT Inc TRUMPF GmbH Co KG Wuhan Raycus Fiber Laser Technologies Co Ltd

Fiber Laser Market News and Recent Developments

The fiber laser market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the fiber laser market are listed below:

High-tech company TRUMPF has acquired an 80 percent stake in Active Fiber Systems GmbH (AFS), a company based in Jena, Germany, that specializes in fiber lasers. AFS develops and manufactures ultrashort-pulse laser systems and fiber-laser systems used primarily in science and research. In addition to basic research, its areas of application include the generation of extremely short-wavelength light with high coherence, biomedical imaging and material processing. (Source: TRUMPF, Press Release, February 2022)
IPG Photonics Corporation (NASDAQ: IPGP), the world leader in fiber laser technology, will highlight new and innovative laser solutions at The Battery Show from September 12-14, 2023, in Novi, Michigan, USA. IPG will introduce a new Adjustable Mode Beam (AMB) laser source capable of achieving a 3 kW single-mode laser beam in the core. An industry first, this increase in single-mode power offers unprecedented speed and productivity improvements for battery welding with spatter-free welding speeds up to 2X faster than possible with lower core powers. (Source: IPG Photonics Corporation, Press Release, August 2023)

Fiber Laser Market Report Coverage and Deliverables

The “Fiber Laser Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Fiber laser market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Fiber laser market trends, as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST/Porter’s Five Forces and SWOT analysis
Fiber laser market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the fiber laser market
Detailed company profiles