Market Research Report
Fiber Laser Market
|Published by||Progressive Markets Research||Product code||649312|
|Published||Content info||195 Pages
Delivery time: 1-2 business days
|Fiber Laser Market|
|Published: April 1, 2018||Content info: 195 Pages||
A fiber laser is a laser where the active medium is an optical fiber doped with rare elements. The increased demand for fiber laser is due to its compact size, reliability, high optical quality, and low cost. The demand for high bandwidth and growth in digital communication has boosted the global fiber laser market. According to a report published by PMR, the global fiber laser market is expected to grow at a CAGR of 10.3% by the end of 2025.
The growth of global fiber laser market is driven by the growing internet usage and the demand for faster communication. The growth of digital communication has increased the need for optical fibers. The disadvantages of copper wire are overcome by optical fibers, which made them vital for use in the telecommunication industry. Some major factors restraining the growth of the fiber laser market are high installation cost and optical nonlinear characteristics. Furthermore, the optical fibers are more fragile than copper wires. However, several manufacturers have developed more enduring and low cost optical fibers.
In the report, the global fiber laser market is segmented based on type, application, laser power, and geography. By type, the market is split into continuous wave fiber laser and pulsed fiber laser. The segment is analyzed according to the sale generated by the regions including North America, Europe, Asia-Pacific and LAMEA, which is important to determine the opportunities in the market. The report is fragmented depending on laser power from 100W to 8000W. Moreover, the study is divided by application into high power, marking, fine processing, and micro processing, and revenue generated according to application is provided.
The leading players studied in the global fiber laser market report include IPG Photonics, Trumpf, Coherent, Raycus, Maxphotonics, nLIGHT, Lumentum Operations, Jenoptik, EO Technics, Fujikura, and JPT Opto-electronics. The study is conducted by closely monitoring the growth, size, and market strategies of several companies.