Tuesday, 02 January 2024 12:17 GMT

Fiber Laser Market Size To Surpass USD 15.31 Billion By 2033, At A CAGR Of 11.72% SNS Insider


(MENAFN- GlobeNewsWire - Nasdaq) Fiber Laser Market growth is driven by precision demand in automotive & electronics, automation/Industry 4.0 adoption, renewable energy build‐out, medical applications, and high-power laser innovations.

Austin, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Fiber Laser Market Size & Growth Insights:

According to the SNS Insider,“The Fiber Laser Market size was worth USD 6.32 Billion in 2025E and is projected to reach USD 15.31 Billion by 2033, growing at a CAGR of 11.72% during 2026-2033.”

Rising Demand for High-Precision and Energy-Efficient Laser Solutions Across Different Industries Propel Market Growth

The market for fiber lasers is expanding rapidly due to consumer demand for high-precision, economical, and energy-efficient laser systems. Fiber lasers are being used more and more in the electronics, automotive, and aerospace industries for marking, welding, and cutting tasks. They are favored over CO2 and solid-state lasers because to their higher beam quality, efficiency, and reduced maintenance needs. Industry 4.0 and the move toward smart manufacturing increase adoption in both domestic and international sectors.

As EV battery welding, additive manufacturing, and medical applications become more popular, the fiber laser market is expected to see significant growth. They are essential for energy transition, aeronautical innovation, and minimally invasive surgery due to their accuracy and efficiency.

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Leading Market Players with their Product Listed in this Report are:

  • IPG Photonics Corporation
  • Trumpf Group
  • Coherent Inc.
  • nLIGHT Inc.
  • Fujikura Ltd.
  • Lumentum Holdings Inc.
  • Jenoptik AG
  • Laser Quantum Ltd.
  • Keopsys Group
  • Toptica Photonics AG
  • Raycus Fiber Laser Technologies Co., Ltd.
  • Maxphotonics Co., Ltd.
  • Wuhan Ruike Fiber Laser Technology Co., Ltd.
  • EKSPLA
  • Huaray Precision Laser Co., Ltd.
  • JPT Opto-electronics Co., Ltd.
  • Amonics Ltd.
  • Calmar Laser Inc.
  • AdValue Photonics Inc.
  • SPI Lasers (a subsidiary of TRUMPF)

Fiber Laser Market Report Scope:

Report Attributes Details
Market Size in 2025 USD 6.32 Billion
Market Size by 2033 USD 15.31 Billion
CAGR CAGR of 11.72% From 2026 to 2033
Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segmentation . By Power Output ((Low Power, Medium Power, High Power),
. By Application (Material Processing, Medical, Telecommunications, Aerospace & Defense, and Others)
. By Type (Continuous Wave Fiber Laser, Pulsed Fiber Laser)
. By End-User (Automotive, Electronics, Aerospace, Medical, and Others)

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Key Industry Segmentation

By Technology

Continuous wave fiber lasers are estimated to lead the market with a 63.21% share in 2025E owing to their superior efficiency and suitability for applications requiring uninterrupted high power. Pulsed fiber lasers are projected to be the fastest growing at a CAGR of 11.97% due to rising adoption in marking, engraving, and micromachining.

By Power Output

Low-power fiber lasers are projected to lead the market with a 49.23% share in 2025E due to their widespread use in marking, engraving, and small-scale cutting. Medium-power fiber lasers are expected to be the fastest growing segment with a CAGR of 12.04% due to their higher efficiency, precision, and expanding industrial applications.

By Application

Material processing is anticipated to dominate the market with a 37.22% share in 2025E, driven by demand in cutting, welding, drilling, and additive manufacturing. Medical segment is forecasted to record the fastest growth at a CAGR of 12.20% as fiber lasers being increasingly used in minimally invasive surgeries, dermatology, and imaging, highlighting their strong potential in healthcare advancements.

By End-User

Automotive industry is expected to hold the largest share at 40.23% in 2025E due to their growing use in cutting, welding, and component fabrication. Electronics sector is predicted to register the fastest growth with a CAGR of 12.49% driven by the need for miniaturization, micro-cutting, and precise engraving in consumer electronics and semiconductor applications, accelerating adoption significantly.

In 2025E, Asia Pacifici Held the Dominant Market Share of 40.32%; North America is Expected to Grow with the Fastest CAGR of 12.62% over 2025-2032

In 2025E Asia-Pacific dominated the Fiber Laser Market and accounted for 40.32% of revenue share, this leadership is due to the rapid industrialization and strong manufacturing bases in China, Japan, and South Korea. North America is expected to witness the fastest growth in the Fiber Laser Market over 2026-2033, with a projected CAGR of 12.62 due strong adoption in aerospace, automotive, and defense industries.

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Recent News:

  • In June 2025 , IPG unveiled high-power lasers built on a rack-integrated (RI) platform offering 60% floor space savings, simplified integration, and enhanced reliability, showcased at Laser World of Photonics in Munich.
  • In June 2025 , at the LASER trade fair, Trumpf introduced its new TruFiber laser series (500 W to 50 kW) tailored for highly productive industrial welding, including EV battery manufacturing.

Exclusive Sections of the Fiber Laser Market Report (The USPs):

  • TECHNOLOGY PERFORMANCE METRICS – helps you evaluate the average output power, beam quality (M2), and energy conversion efficiency benchmarks across low-, medium-, and high-power fiber lasers, enabling better comparison with alternative laser types.
  • ADOPTION & APPLICATION PENETRATION – helps you identify the share of fiber lasers in cutting, welding, marking, and additive manufacturing, along with their rising adoption in EV battery welding, aerospace, medical, defense, and telecom sectors.
  • GLOBAL PRODUCTION & COST TRENDS – helps you assess regional manufacturing distribution (China, U.S., Germany, Japan), annual production capacity, cost-per-watt trends, and yield rates influencing supply scalability and competitiveness.
  • R&D AND INNOVATION LANDSCAPE – helps you uncover investment opportunities by tracking global R&D spending, patent filings, venture capital inflows, and AI-integrated laser control advancements driving next-gen performance.
  • PRICING & MARKET DYNAMICS – helps you analyze ASP variations across power categories, price gaps between CW and pulsed lasers, and regional pricing trends, along with the effect of rare-earth material fluctuations on total system cost.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

CONTACT: Contact Us: Rohan Jadhav - Principal Consultant Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

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