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Global Fiber Laser Market by Type (Infrared Fiber Laser, Ultraviolet Fiber Laser, Ultrafast Fiber Laser, and Visible Fiber Laser) and Application (High-Power, Marking, Fine Processing, and Micro Processing) - Global Opportunity Analysis and Industry Forecast, 2018-2025

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MA_161725
Pages: 175
Jul 2018 | 4105 Views
 
Author's : Sohail Shaikh & Onkar Sumant
Tables: 88
Charts: 29
 

Fiber Laser Market Overview:

The global fiber laser market accounted for $1,782 million in 2017, and is projected to reach $4,403 million by 2025, registering a CAGR of 11.9% from 2018 to 2025. Fiber lasers are types of devices, which are optically pumped, most commonly with laser diodes but in a few cases with other fiber lasers. The optics used in these systems, are usually fiber components, with most, or all the components fiber-coupled to one another. In some systems, bulk optics are used, and sometimes an internal fiber-coupling system is combined with external bulk optics.

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Technological advancements with respect to fiber, high beam quality & lower cost of ownership, and eco-friendly technology are some of the key factors that drive the growth of the fiber lasers market. Furthermore, increase in applications of fiber laser is expected to augment the growth of the market during the forecast period.

However, reduced cutting speed while processing thicker materials and undesired pulse pedestals & non-linear optical effects are some of the factors that restrain the market growth. Conversely, increase in automobile and mobile electronic applications is expected to provide new opportunities for the key players in the near future.

The global fiber laser market is segmented based on various parameters such as type, application, and region. Based on fiber laser type, the market is classified into infrared fiber laser, ultraviolet fiber laser, ultrafast fiber laser, and visible fiber laser. Further based on application, the market is divided into high power, marking, fine processing, and micro processing. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Ultraviolet (UV) lasers are used for marking on white plastics and cabling in electronics and aerospace industries. They are increasingly accepted and adopted at a large scale in precise cutting and marking of brittle materials owing to their high performance, ease of integration, precise tuning, and reliability to original equipment manufacturers and integrators. Furthermore, the cutting edge technology incorporated in UV fiber lasers make them ideal for use in precision intensive applications such as micro drilling, micromachining, surface cleaning, & thin-film sputtering, and stripping of ceramics, plastics, glass, and metals.

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Rise in focus of vendors on the emerging markets, such as Asia-Pacific and LAMEA, is expected to boost the market growth. Asia-Pacific is projected to witness significant growth in future, due to increase in demand of fiber lasers in the electronics and automotive industry. Furthermore, this region presents remarkable opportunities for venture capitalists and investors, because the developed markets are comparatively saturated. Similarly, the emerging markets such as South Korea, India, and Taiwan are expected to majorly contribute to the growth and development of the fiber laser market in future owing to the rapid increase in mining and automotive sector applications.

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The report provides an extensive competitive analysis and profiles of the key market players, such as 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. The other players in the value chain (not included in the report) include O.R. Lasertechnologie GmbH, Sigma Mechatronics Pvt. Ltd., and SPI Lasers Limited.

Key Market Benefits

  • The study provides an in-depth analysis of the global fiber laser market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • The report presents a quantitative analysis of the market from 2017 to 2025 to enable stakeholders to capitalize on the prevailing market opportunities.
  • An extensive analysis of the market based on application assists in understanding the trends in the industry.
  • The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.

Fiber Laser Market Key Segments:

By Type

  • Infrared Fiber Laser
  • Ultraviolet Fiber Laser
  • Ultrafast Fiber Laser
    • Picosecond Fiber Laser
    • Femtosecond Fiber Laser
  • Visible Fiber Laser
    • Quasi-CW Green Fiber Laser
    • Nanosecond Fiber Laser

By Application

  • High Power
    • Cutting
      • Flat Sheet Cutting
      • Tube Cutting
      • 3D Cutting
    • Welding & Others
      • Power Train
      • Tube Welding
      • Car Body Scanner Welding
      • Car Body Seam Welding/Brazing
      • Others
  • Marking
  • Fine Processing
  • Micro Processing

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Rest of LAMEA
 

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments

1.3.1. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. Key findings of the study

2.1.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threat of substitutes
3.3.1.4. Threat of new entrants
3.3.1.5. Competitive rivalry

3.4. Top player positioning
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Eco-friendly technology
3.5.1.2. Technological advancement with respect to fiber lasers
3.5.1.3. High beam quality and a lower cost of ownership

3.5.2. Restraints

3.5.2.1. Reduced cutting speed while processing thicker materials
3.5.2.2. Undesired pulse pedestals and nonlinear optical effects

3.5.3. Opportunity

3.5.3.1. Automobile and mobile electronics applications

Chapter: 4: GLOBAL FIBER LASER MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. Infrared Fiber Laser

4.2.1. Key market trends growth factors and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis, by country

4.3. Ultraviolet Fiber Laser

4.3.1. Key market trends growth factors and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis, by country

4.4. Ultrafast Fiber Laser

4.4.1. Key market trends, growth factors and opportunities

4.4.1.1. Picosecond fiber laser
4.4.1.2. Femtosecond fiber laser

4.4.2. Market size and forecast, by type
4.4.3. Market size and forecast
4.4.4. Market analysis, by country

4.5. Visible Fiber Laser

4.5.1. Key market trends, growth factors and opportunities

4.5.1.1. Quasi-CW green fiber lasers
4.5.1.2. Nanosecond fiber laser

4.5.2. Market size and forecast, by type
4.5.3. Market size and forecast
4.5.4. Market analysis, by country

Chapter: 5: GLOBAL FIBER LASER MARKET, BY APPLICATION

5.1. Overview

5.1.1. Market size and forecast

5.2. High Power

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis, by country
5.2.4. Market size and forecast, by application type

5.2.4.1. Cutting

5.2.4.1.1. Market size and forecast
5.2.4.1.2. Flat sheet cutting
5.2.4.1.3. Tube cutting
5.2.4.1.4. 3D cutting

5.2.4.2. Welding & others

5.2.4.2.1. Market size and forecast
5.2.4.2.2. Power train
5.2.4.2.3. Tube welding
5.2.4.2.4. Car body scanner welding
5.2.4.2.5. Car body seam welding/brazing
5.2.4.2.6. Others

5.3. Marking

5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis, by country

5.4. Fine Processing

5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast
5.4.3. Market analysis, by country

5.5. Micro Processing

5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast
5.5.3. Market analysis, by country

Chapter: 6: GLOBAL FIBER LASER MARKET, BY GEOGRAPHY

6.1. Overview

6.1.1. Market size and forecast

6.2. North America

6.2.1. Key market trends, growth factors and opportunities
6.2.2. North America market size & forecast for fiber laser market, by country

6.2.2.1. U.S. market size & forecast, by type
6.2.2.2. U.S. market size & forecast, by application
6.2.2.3. Canada market size & forecast, by type
6.2.2.4. Canada market size & forecast, by application
6.2.2.5. Mexico market size & forecast, by type
6.2.2.6. Mexico market size & forecast, by application

6.2.3. North America Fiber Laser Market by type
6.2.4. North America Fiber Laser Market by application

6.3. Europe

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Europe market size & forecast for Fiber Laser market, by country

6.3.2.1. Germany market size & forecast, by type
6.3.2.2. Germany market size & forecast, by application
6.3.2.3. France market size & forecast, by type
6.3.2.4. France market size & forecast, by application
6.3.2.5. UK market size & forecast, by type
6.3.2.6. UK market size & forecast, by application
6.3.2.7. Rest of Europe market size & forecast, by type
6.3.2.8. Rest of Europe market size & forecast, by application

6.3.3. Europe market size & forecast, by type
6.3.4. Europe market size & forecast, by application

6.4. Asia-Pacific

6.4.1. Key market trends, growth factors and opportunities
6.4.2. Asia-Pacific market size & forecast, by country

6.4.2.1. Japan market size & forecast, by type
6.4.2.2. Japan market size & forecast, by application
6.4.2.3. China market size & forecast, by type
6.4.2.4. China market size & forecast, by application
6.4.2.5. India market size & forecast, by type
6.4.2.6. India market size & forecast, by application
6.4.2.7. Rest of Asia-Pacific market size & forecast, by type
6.4.2.8. Rest of Asia-Pacific market size & forecast, by application

6.4.3. Asia-Pacific market size & forecast, by type
6.4.4. Asia-Pacific market size & forecast, by application

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. LAMEA market size & forecast, by country

6.5.2.1. Brazil market size & forecast, by type
6.5.2.2. Brazil market size & forecast, by application
6.5.2.3. South Africa market size & forecast, by type
6.5.2.4. South Africa market size & forecast, by application
6.5.2.5. Rest of LAMEA market size & forecast, by type
6.5.2.6. Rest of LAMEA market size & forecast, by application

6.5.3. LAMEA market size & forecast, by type
6.5.4. LAMEA market size & forecast, by application

Chapter: 7: COMPANY PROFILES

7.1. Amonics Ltd.

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio

7.2. Apollo Instruments, Inc.

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio

7.3. Coherent, Inc.

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments

7.4. CY Laser SRL

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Product portfolio
7.4.4. Key strategic moves and developments

7.5. IPG Photonics Corporation

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Product portfolio
7.5.4. Business performance
7.5.5. Key strategic moves and developments

7.6. Jenoptik Group

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments

7.7. NKT Photonics A/S

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments

7.8. Quantel Group

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Key strategic moves and developments

7.9. TRUMPF GmbH + Co. KG

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments

7.10. TOPTICA Photonics AG

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio

LIST OF TABLES

TABLE 01. GLOBAL FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 02. INFRARED FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 03. ULTRAVIOLET FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 04. ULTRAVIOLET FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 05. ULTRAVIOLET FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 06. VISIBLE FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 07. VISIBLE FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 08. GLOBAL FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 09. HIGH POWER FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 10. FIBER LASER MARKET FOR HIGH POWER FIBER LASER, BY APPLICATION TYPE, 2017-2025 ($MILLION)
TABLE 11. GLOBAL FIBER LASER MARKET, REVENUE IN HIGH POWER CUTTING APPLICATION, BY TYPE, 2014-2022 ($MILLION)
TABLE 12. GLOBAL FIBER LASER MARKET, REVENUE IN WELDING & OTHER APPLICATION, BY TYPE, 2014-2022 ($MILLION)
TABLE 13. MARKING FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 14. FINE PROCESSING FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 15. MICRO PROCESSING FIBER LASER MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 16. GLOBAL FIBER LASER MARKET, BY GEOGRAPHY, 2017-2025 ($MILLION)
TABLE 17. NORTH AMERICA FIBER LASER MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 18. U.S. FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 19. U.S. FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 20. CANADA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 21. CANADA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 22. MEXICO FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 23. MEXICO FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 24. NORTH AMERICA FIBER LASER MARKET BY TYPE, 2017-2025 ($MILLION)
TABLE 25. NORTH AMERICA FIBER LASER MARKET BY APPLICATION, 2017-2025 ($MILLION)
TABLE 26. EUROPE FIBER LASER MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 27. GERMANY FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 28. GERMANY FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 29. FRANCE FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 30. FRANCE FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 31. UK FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 32. UK FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 33. REST OF EUROPE FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 34. REST OF EUROPE FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 35. EUROPE FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 36. EUROPE FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 37. ASIA-PACIFIC FIBER LASER MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 38. JAPAN FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 39. JAPAN FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 40. CHINA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 41. CHINA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 42. INDIA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 43. INDIA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 44. REST OF ASIA-PACIFIC FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 45. REST OF ASIA-PACIFIC FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 46. ASIA-PACIFIC FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 47. ASIA-PACIFIC FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 48. LAMEA FIBER LASER MARKET, BY COUNTRY, 2017-2025 ($MILLION)
TABLE 49. BRAZIL FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 50. BRAZIL FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 51. SOUTH AFRICA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 52. SOUTH AFRICA FIBER LASER MARKET, BY APPLICATION, 2015-2025 ($MILLION)
TABLE 53. REST OF LAMEA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 54. REST OF LAMEA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 55. LAMEA FIBER LASER MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 56. LAMEA FIBER LASER MARKET, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 57. AMONICS: COMPANY SNAPSHOT
TABLE 58. AMONICS: OPERATING SEGMENTS
TABLE 59. AMONICS: PRODUCT PORTFOLIO
TABLE 60. APOLLO INSTRUMENTS: COMPANY SNAPSHOT
TABLE 61. APOLLO INSTRUMENTS: OPERATING SEGMENTS
TABLE 62. APOLLO INSTRUMENTS: PRODUCT PORTFOLIO
TABLE 63. COHERENT: COMPANY SNAPSHOT
TABLE 64. COHERENT: OPERATING SEGMENTS
TABLE 65. COHERENT: PRODUCT PORTFOLIO
TABLE 66. COHERENT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 67. CY LASER SRL: COMPANY SNAPSHOT
TABLE 68. CY LASER SRL: PRODUCT PORTFOLIO
TABLE 69. CY LASER SRL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 70. IPG PHOTONICS CORPORATION: COMPANY SNAPSHOT
TABLE 71. IPG PHOTONICS CORPORATION: PRODUCT PORTFOLIO
TABLE 72. IPG PHOTONICS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 73. JENOPTIK GROUP: COMPANY SNAPSHOT
TABLE 74. JENOPTIK GROUP: OPERATING SEGMENTS
TABLE 75. JENOPTIK GROUP: PRODUCT PORTFOLIO
TABLE 76. JENOPTIK GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 77. NKT PHOTONICS A/S: COMPANY SNAPSHOT
TABLE 78. NKT PHOTONICS A/S: OPERATING SEGMENTS
TABLE 79. NKT PHOTONICS A/S: PRODUCT PORTFOLIO
TABLE 80. NKT PHOTONICS A/S: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 81. QUANTEL: COMPANY SNAPSHOT
TABLE 82. QUANTEL: OPERATING SEGMENTS
TABLE 83. QUANTEL: PRODUCT PORTFOLIO
TABLE 84. TRUMPF: COMPANY SNAPSHOT
TABLE 85. QUANTEL: OPERATING SEGMENTS
TABLE 86. TRUMPF: PRODUCT PORTFOLIO
TABLE 87. TOPTICA: COMPANY SNAPSHOT
TABLE 88. TOPTICA: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. FIBER LASERS MARKET SEGMENTATION
FIGURE 02. TOP INVESTMENT POCKETS
FIGURE 03. TOP WINNING STRATEGIES, BY YEAR, 2014-2017*
FIGURE 04. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2014-2017* (%)
FIGURE 05. TOP WINNING STRATEGIES, BY COMPANY, 2014-2017*
FIGURE 06. PORTER’S FIVE FORCES ANALYSIS
FIGURE 07. TOP PLAYER POSITIONING, 2017
FIGURE 08. IMPACT ANALYSES
FIGURE 09. COMPARATIVE SHARE ANALYSIS OF INFRARED FIBER LASER MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 10. COMPARATIVE SHARE ANALYSIS OF ULTRAVIOLET FIBER LASER MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF ULTRAFAST FIBER LASER MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF VISIBLE FIBER LASER MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF HIGH POWER FIBER LASER MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF MARKING FIBER LASER MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF FINE PROCESSING FIBER LASER MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF MICRO PROCESSING FIBER LASER MARKET, BY COUNTRY, 2017 & 2025 (%)
FIGURE 17. COHERENT: REVENUE, 2015-2017 ($MILLION)
FIGURE 18. COHERENT: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 19. COHERENT: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 20. IPG PHOTONICS CORPORATION: REVENUE, 2015-2017 ($MILLION)
FIGURE 21. IPG PHOTONICS CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 22. JENOPTIK GROUP: REVENUE, 2015-2017 ($MILLION)
FIGURE 23. JENOPTIK GROUP: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 24. JENOPTIK GROUP: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 25. NKT PHOTONICS A/S: REVENUE, 2015-2017 ($MILLION)
FIGURE 26. NKT PHOTONICS A/S: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 27. TRUMPF: REVENUE, 2015-2017 ($MILLION)
FIGURE 28. TRUMPF: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 29. TRUMPF: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

 

Fiber lasers consist of long optical fibers containing excellent thermal properties. They allow easy integration of the pump diodes and fiber components. The design of fiber lasers is more compact, efficient, and reliable as compared to conventional lasers. These lasers belong to the solid state laser group, and provide highly efficient and cost-effective solutions with low maintenance requirements.

The key factors, such as rise in demand from end users, especially from developing countries, continuous technological advancements, and eco-friendly nature of fiber laser technology majorly drive the global fiber laser market. However, low processing speeds while cutting thicker materials and undesired nonlinear optical effects are expected to hinder the market growth.

Fiber lasers are employed in a wide variety of industries including material processing, defense, automotive, and medical industries. Asia-Pacific is the highest growing fiber laser market globally due to increase in demand of fiber lasers in the electronics and automotive industry. This region is projected to register significant growth as compared to the saturated markets of North America and Europe.

 

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