The Global Fiber Laser Market Is Expected To Reach $4.2 Bill...| MENAFN.COM

Friday, 03 February 2023 04:08 GMT

The Global Fiber Laser Market Is Expected To Reach $4.2 Billion By 2027 With A CAGR Of 10.5% From 2021 To 2027


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New York, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report 'Fiber Laser Market: Trends, Forecast and Competitive Analysis' -
The future of the fiber laser market looks attractive with opportunities in material processing, instrumentation & measurement, and other applications. The global fiber laser market is expected to reach $4.2 billion by 2027 with a CAGR of 10.5% from 2021 to 2027. The major drivers for this market are rising demand for high powered laser machine for cutting and welding, need of laser beam with high beam quality with low cost features, and growing demand for 3D printing market.
Emerging Trends in the Fiber Laser Market
Emerging trends, which have a direct impact on the dynamics of the industry, include the emergence of ribbon core fibers, development of eco-friendly technology, and introduction of fiber laser in LIDAR in autonomous vehicles.
Fiber Laser Market by Segment
The study includes a forecast for the global Fiber Laser market by product type, application, usage, and region as follows:
By Product Type [$B shipment analysis from 2016 to 2027]:
. Infrared
. Ultraviolet
. Ultrafast
. Visible
By Usage Type [$B shipment analysis from 2016 to 2027]:
. High Power Cutting & Welding
. Marking
. Fine Processing
. Others
By Application [$B shipment analysis from 2016 to 2027]:
. Material Processing
. Instrumentation and Measurement
. Others
By Region [$B shipment analysis for 2016 to 2027]:
. North America
o United States
o Canada
o Mexico
. Europe
o United Kingdom
o Germany
. Asia Pacific
o Japan
o China
. The Rest of the World
List of Fiber Laser Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their new product developments, partnerships, mergers & acquisition, and leverage integration opportunities across the value chain. With these strategies fiber laser companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fiber laser companies profiled in this report includes.
. IPG Photonics Corporation
. Coherent, Inc.
. Amonics Ltd.
. Apollo Instruments, Inc.
. CY Laser SRL
. Jenoptik Group
. Keopsys Group
. NKT Photonics A/S
. TRUMPF
. TOPTICA Photonics AG
Fiber Laser Market Insight
The analyst forecasts that ultrafast is the largest fiber laser and it is also expected to witness the highest growth over the forecast period due to its excellent features, such as compact size, high beam quality, wall plug efficiency, and reliability.
. Material processing will remain the largest application over the forecast period.
. APAC will remain the largest region and it is also expected to witness highest growth over the forecast period
Features of Fiber Laser Market
. Market Size Estimates: Fiber laser market size estimation in terms of value ($B)
. Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
. Segmentation Analysis: Market size by product type, application and region.
. Regional Analysis: Fiber laser market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
. Growth Opportunities: Analysis of growth opportunities in product type, application, and region.
. Strategic Analysis: This includes M&A, new product development, and competitive landscape for the fiber laser market.
. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the fiber laser market size?
Answer:The global fiber laser market is expected to reach an estimated $4.2 billion by 2027
Q2. What is the growth forecast for fiber laser market?
Answer:The fiber laser market is expected to grow at a CAGR of 10.5% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the fiber laser market?
Answer: The major drivers for this market are rising demand for high powered laser machine for cutting and welding, need of laser beam with high beam quality with low cost features, and growing demand for 3D printing market.
Q4. What are the major applications or end use industries for fiber laser market?
Answer:Material processing and Instrumentation and Measurement are the major application for fiber laser market.
Q5. What are the emerging trends in fiber laser market?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, include the emergence of ribbon core fibers, development of eco-friendly technology, and introduction of fiber laser in LIDAR in autonomous vehicles.
Q6. Who are the key fiber laser companies?
Answer:Some of the key Fiber Laser companies are as follows:
. IPG Photonics Corporation
. Coherent, Inc.
. Amonics Ltd.
. Apollo Instruments, Inc.
. CY Laser SRL
. Jenoptik Group
. Keopsys Group
. NKT Photonics A/S
. TRUMPF
. TOPTICA Photonics AG
Q7.
Which fiber laser product segment will be the largest in future?
Answer: The analyst forecasts that ultrafast is the largest fiber laser and it is also expected to witness the highest growth over the forecast period due to its excellent features, such as compact size, high beam quality, wall plug efficiency, and reliability.
Q8: In fiber laser market, which region is expected to be the largest in next 5 years?
Answer:APAC is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer:Yes, The analyst provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising, high-growth opportunities for the global fiber laser by product type (Infrared, Ultraviolet, Ultrafast, and Visible), by usage (High Power Welding & Cutting, Marking, Fine Processing, and Others), by applications ( Material Processing, Instrumentation & Measurement, and Others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
For any questions related to fiber laser market or related to fiber laser companies, fiber laser market size, fiber laser market share, fiber laser analysis, write Lucintel analyst at email: . We will be glad to get back to you soon.
Read the full report:
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