By 2030, the global fiber laser industry is expected to reach 8.42 billion US dollars

2021-11-24 05:51:38 By : Ms. Alice Xiao

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Dublin, November 1, 2021 (GLOBE NEWSWIRE) - ResearchAndMarkets.com has added the "Fiber Laser Market by Type and Application-Global Opportunity Analysis and Industry Forecast from 2021 to 2030" report to the products of ResearchAndMarkets.com.

The global fiber laser market is estimated to be worth US$2.23 billion in 2020, and is expected to flourish at a compound annual growth rate of 14.51%, and the value will reach US$8.42 billion by 2030.

Fiber laser is a kind of optical pumping equipment, mainly used with laser diodes, and in some cases also with other fiber lasers. The fiber used in the fiber laser is doped with rare earth metals such as ytterbium, erbium, and neodymium, which can amplify the generated light. Fiber lasers are widely used in many industrial manufacturing processes, such as marking of automotive and aircraft parts, metal cutting, and welding. Technological progress, rapid improvements in infrastructure, and research and development in this area have promoted the growth of the market. In addition, factors such as the booming automobile industry and increasing demand for electric vehicles are critical to the growth of the fiber laser market during the forecast period. However, the reduced cutting speed during the processing of thicker materials using laser technology, as well as the undesirable pulse base and nonlinear optical effects, are expected to hinder market growth. According to the report, other factors, such as the growing demand for compact, cost-effective lasers, and the widespread adoption of fiber lasers in many new industries, are also expected to drive market growth. Market segmentation and research scope:

The global fiber laser market share has been segmented according to type, application and region. According to the type, the fiber laser market is divided into infrared fiber lasers, ultraviolet fiber lasers, ultrafast fiber lasers and visible light fiber lasers. Ultrafast fiber lasers are subdivided into picosecond fiber lasers and femtosecond fiber lasers. Visible fiber lasers are subdivided into quasi-continuous green fiber lasers and nanosecond fiber lasers. According to the application, the fiber laser market is subdivided into high power, marking, fine processing and micro processing. Marking is subdivided into cutting and welding. Cutting is further divided into flat cutting, pipe cutting and 3-D cutting. Welding and others are further divided into power train, tube welding, body scanning welding, body seam welding and so on. Based on geographic location, the market is divided into North America, Europe, Asia Pacific and RoW. Geographic analysis

At present, due to large-scale manufacturing expansion in Asia-Pacific countries such as China, India, and Japan, the Asia-Pacific region has the largest share of the fiber laser market. The North American region is expected to show steady growth during the forecast period. Competitive landscape:

According to the report, some of the major players in the market are Amonics Ltd., Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, Jenoptik Laser GmbH, CY Laser SRL, NKT Photonics A/S, Quantel Group, TRUMPF and Toptica Photonics AG. Other participants in the value chain include OR Lasertechnologie GmbH, Sigma Mechatronics Pvt. Ltd. and SPI Laser Ltd.

The main topics covered: 1. Introduction 1.1. Report description 1.2. Research methodology 2. Market snapshot, 2019-2030 million USD 2.1. Market snapshot 3. Porter's five forces model analysis 4. Market dynamics 4.1. Growth momentum 4.2. Challenge 4.3. Opportunity 5. Global fiber laser market, by type 5.1. Overview 5.2. Continuous wave fiber laser 5.3. Pulse wave fiber laser 6. Global fiber laser market, by application 6.1. Overview 6.2. High power 6.3. Mark 6.4. Fine processing 6.5. Micromachining 7. Global fiber laser market, according to laser power 7.1. Overview 7.2. Less than 100W 7.3.-500W 7.4.-1000W 7.9. Above 8000W 8. Global fiber laser market, by region 8.1. Overview 8.2. North America 8.3. Europe 8.4. Asia Pacific 8.5. The rest of the world 9. Company profile 9.1. Amonics Co., Ltd. 9.2. Apollo Instruments Company. 9.3. Coherent Company 9.4. Ipg Photonics 9.5. Jenoptik Laser Co., Ltd. 9.6. Cy Laser Srl 9.7. Nkt Photonics A/S 9.8. Quintiles Group 9.9. TRUMPF 9.10. Toptica Photonics AG For more information about this report, please visit https://www.researchandmarkets.com/r/cwnzwy

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