Fiber Leaser Market Market Overview :
The Fiber Laser Market revenue is anticipated to grow at a CAGR of 11.7%, during the period, 2016-2022. It is expected to reach $3,113 million from $1,443 million by 2022. The fiber lasers consist of long optical fibers with 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. The fiber laser provides high efficiency, cost effectiveness, compact size, vibrational stability, and low maintenance, which makes them ideal for use in diversified applications.
Currently, the fiber laser market share accounted for 31% of the overall global laser market revenue and it is expected to reach 39% by 2020. The demand for convention CO2 and solid state fiber laser is expected to fall owing to the superior value proposition of fiber lasers.
Fiber Laser Market Revenue Share in the Overall Laser Market, 2015 Vs 2020
Technological advancements, ecofriendly nature, and high beam quality at a lower cost of ownership drives the fiber laser market. The growth in green manufacturing and concerns over material processors has led to fiber laser systems to become an attractive choice for marking and cutting applications. The emergence and evolution of ultra-fast & ribbon core fiber lasers and increase in use of fiber lasers in various application have propelled the market growth.
The fiber laser industry is segmented into type, application, and geography across the world. Based on fiber laser type, the market is classified into infrared fiber laser, ultraviolet fiber laser, ultrafast fiber laser, and visible fiber laser. It finds its applications in high power, marking, fine processing, and micro processing. Geographically, the industry is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Top Investment Pockets
Tube cutting is the most prominent segment by application in the global fiber laser industry. It is expected to be the first preference for new entrants due to increase in use of fiber lasers in manufacturing of cardiovascular stents. The lasers provide unlimited cutting configurations, reduced production costs, and the ability to eliminate stack up tolerances, which makes it ideal for stakeholders. Other major segments ideal for investments include 3D cutting, flat sheet cutting, and power train application. The lasers are mainly employed in 3D cutting applications, such as manufacturing of apertures in instrumentation enclosures, portable electronics enclosures, and gobos. The trend is observed owing to its capacity for high degree beam manipulation. It is used in flat sheet cutting application as it provides a tightly focused spot size. This enables higher depth of focus, faster processing speed, and large working distance, easing work-piece tolerances. The power train employs fiber lasers with wavelength of 1 micron coupled with materials to enhance the energy input in the weld.
Top Investment Pockets, by Application
The increase in demand for the fiber lasers market have led to rise in the number of strategies adopted by the leading players. This has resulted in the rise of industry giants from 3 to 8 during the period, 2011-2016, thus exhibiting growth and development of the industry share in these years.
Top Winning Strategies, by Year (20022016*)
Germany Market Analysis
The fiber lasers market in Germany generated revenue of $94 million in 2015. It is estimated to reach $204 million, growing at a CAGR of 11.8%, by 2022. Rapidly rise in demand for fiber lasers in the automotive industry drive it market in this region.
Germany: Fiber Laser Market, 2014-2022 ($Million)
Major players of the fiber leaser market profiled in the report include Amonics Ltd. (China), Apollo Instruments Inc. (U.S.), Coherent Inc. (U.S.), IPG Photonics Corporation (U.S.), Jenoptik Laser GmbH (Germany), Keopsys Group (France), NKT Photonics A/S (Denmark), Quantel Group (France), ROFIN-SINAR Technologies Inc. (U.S.), and Toptica Photonics AG (Germany). Other players in the value chain include Newport Corp., Trumpf Inc., 3S Photonics S.A.S., Active Fiber Systems GmbH, Advalue Photonics, Calmar Laser Inc., Clark MXR Inc., EKSPLA, ELUXI Ltd., EOLITE Systems, Furukawa Electric Co. Ltd., Fianium Ltd., FiberLAST Inc., GSI Group Inc., Hypertherm Inc., IMRA America Inc., JDS Uniphase Corp., Maxphotonics Co. Ltd., Mitsubishi Cable Industries Ltd., Miyachi Unitek Corp., Mobius Photonics Inc., Nufern Inc., Nuphoton Technologies Inc., Prima Electro North America LLC, PolarOnyx Inc., and Raycus Fiber Laser Technologies Co. Ltd.
Fiber Laser Market Report Key Benefits
- It provides an in-depth analysis of the market share and future estimations, in terms of value for the period, 2014‐ 2022.
- It includes information about the current market situation, changes in market dynamics, expected trends, and market intelligence.
- It provides a thorough analysis on different subtypes under ultrafast and visible fiber laser.
- It offers analysis of high power application with various niche applications.
- It highlights key factors that drive and impede the market growth.
- It includes key strategies adopted by companies to gain traction in the market.
- It provides micro-level analysis based on type, application, and region.
- It gives a detailed assessment of each segmentation of the fiber laser at country level.
Fiber Laser Market Key Segments
The fiber laser market is segmented on the basis of type, application, and geography.
- 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
- High Power
- Flat Sheet Cutting
- Tube Cutting
- 3D Cutting
- Welding & Other
- Power Train
- Tube Welding
- Car Body Scanner Welding
- Car Body Seam Welding/Brazing
- Fine Processing
- Micro Processing
- North America
- Rest of Europe
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA
Other Market Players In Value Chain
- Newport Corp.
- Trumpf Inc.
- 3S Photonics S.A.S.
- Active Fiber Systems GmbH
- Advalue Photonics
- Calmar Laser Inc.
- Clark MXR Inc.
- EKSPLA, ELUXI Ltd.
- EOLITE Systems
- Furukawa Electric Co. Ltd.
- Fianium Ltd.
- FiberLAST Inc.
- GSI Group Inc.
- Hypertherm Inc.
- IMRA America Inc.
- JDS Uniphase Corp.
- Maxphotonics Co. Ltd.
- Mitsubishi Cable Industries Ltd.
- Miyachi Unitek Corp.
- Mobius Photonics Inc.
- Nufern Inc.
- Nuphoton Technologies Inc.
- Prima Electro North America LLC
- PolarOnyx Inc.
- Raycus Fiber Laser Technologies Co. Ltd.