PUBLISHER: Lucintel | PRODUCT CODE: 1195507
PUBLISHER: Lucintel | PRODUCT CODE: 1195507
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 $4.2 billion by 2027 with a CAGR of 10.5% from 2021 to 2027. The major drivers for this market are rising demand for high powered laser machine for cutting and welding, need of laser beam with high beam quality with low cost features, and growing demand for 3D printing market.
Emerging Trends in the Fiber Laser Market
Emerging trends, which have a direct impact on the dynamics of the industry, include the emergence of ribbon core fibers, development of eco-friendly technology, and introduction of fiber laser in LIDAR in autonomous vehicles.
A total of 64 figures / charts and 59 tables are provided in this 136-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the fiber laser market report.
Fiber Laser Market by Segment
By Product Type [$B shipment analysis from 2016 to 2027]:
By Usage Type [$B shipment analysis from 2016 to 2027]:
By Application [$B shipment analysis from 2016 to 2027]:
By Region [$B shipment analysis for 2016 to 2027]:
United States
Canada
Mexico
United Kingdom
Germany
Japan
China
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.
Fiber Laser Market Insight
Lucintel 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.
Features of Fiber Laser Market
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:
Q7.Which fiber laser product segment will be the largest in future?
Answer: Lucintel 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, Lucintel provides 10% Customization Without any Additional Cost.