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Global Industrial Fiber Laser Market 2016-2020

About Fiber Laser

A fiber laser is a different form of solid-state laser that uses a medium of fiber covering instead of a shaft. The fiber in fiber lasers uses more surface area to disperse the heat quite easily. The increasing need for compact components in a variety of industries is bringing lasers into applications. Lasers help in the miniaturization process by providing a highly focused beam that can process very small components.

Technavio’s analysts forecast the global industrial fiber laser market to grow at a CAGR of 13.42% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial fiber laser market for 2016-2020. To calculate the market size, the report considers the sale of fiber laser units.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Fiber Laser Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Coherent
  • IPG Photonics
  • Rofin-Sinar Technologies
  • TRUMPF
Market driver
  • Increasing replacement of conventional lasers with fiber lasers
  • For a full, detailed list, view our report
Market challenge
  • Shortage in supply of rare-earth elements
  • For a full, detailed list, view our report
Market trend
  • Growth in 3D printing market
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Fiber Laser Market 2016-2020

Technavio recognizes the following companies as the key players in the global industrial fiber laser market: Coherent, IPG Photonics, Rofin-Sinar Technologies, and TRUMPF.

Commenting on the report, an analyst from Technavio’s team said: “A key trend leading to market growth is the emergence of eco-friendly technologies. The emergence of eco-friendly technologies is a major trend prevailing in the global industrial fiber laser market. Currently, the use of eco-friendly products has increased across the globe. Therefore, the vendors in the global fiber laser market are developing eco-friendly, energy-efficient fiber lasers. The use of fiber lasers has increased worldwide as they produce low CO2 emissions and deliver improved performance compared to other alternative technologies. Therefore, benefits such as reduced energy consumption, reduced wastage, and the use of non-hazardous materials have led to the emergence of eco-friendly fiber lasers in the market.”

According to the report, one of the key drivers for market growth will be the low cost of fiber lasers. The reason behind the growing popularity of fiber lasers among the manufacturing industry is their low cost. Fiber lasers offer the highest beam quality with the lowest price per watt. The decline in the price of fiber lasers has extended its application in several areas. Therefore, due to their low cost and easy integrability, fiber lasers are being extensively used.

Further, the report states that the shortage in supply of rare-earth elements will be a major challenge for market growth. Fiber lasers contain dopants like ytterbium and erbium that are used to emit radiation from the pump light. These dopants are categorized as rare earth elements and are widely used in technological sectors such as lasers, energy, and industrial applications such as aerospace. These sectors have been facing a shortage in the supply of these elements in recent years. Some essential laser active dopants are neodymium, yttrium, ytterbium, and thulium.



Companies Mentioned

Coherent, IPG Photonics, Rofin-Sinar Technologies, TRUMPF

  • Executive summary
    • Highlights
    • Market snapshot
      • Table Market summary of industrial fiber laser 2015-2020
      • Table Geographical revenue contribution 2015 (% share)
  • Scope of the report
    • Definition
    • Source year and forecast period
    • Market reportage
    • Market size computation
    • Market segmentation
      • Table Segmentation of global industrial fiber laser market
    • Geographical segmentation
      • Table Key regions covered
    • Vendor segmentation
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Industry overview
    • Technology landscape
      • Table Types of lasers
    • Comparison between CO2 lasers and fiber lasers
      • Table Comparison between CO2 lasers and fiber lasers
    • Fiber laser mechanism
      • Table Fiber laser mechanism
  • Technology landscape
    • Table Product lifecycle
  • Market landscape
    • Market overview
      • Table Global industrial laser shares 2015
    • Market size and forecast
      • Table Global industrial fiber laser market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global industrial fiber laser market by application
      • Table Global industrial fiber laser market by application 2015 (% share)
      • Table Global fiber laser market by application 2015-2020 (% share)
      • Table Global fiber laser market by application 2015-2020 ($ millions)
    • Global industrial fiber laser market by macromaterial processing
      • Table Global industrial fiber laser market by macromaterial processing ($ billions)
      • Table High-power applications 2015
    • Industrial fiber laser market by micromaterial processing
      • Table Global industrial fiber laser market by micromaterial processing ($ millions)
    • Industrial fiber laser market by marking and engraving
      • Table Global industrial fiber laser market by marking and engraving ($ millions)
  • Geographical segmentation
    • Global industrial fiber laser market by geography
      • Table Global industrial fiber laser market by geography 2015-2020 (% share)
      • Table Global industrial fiber laser market by geography 2015-2020 ($ millions)
    • Industrial fiber laser market in APAC
      • Table Industrial fiber laser market in APAC ($ millions)
    • Industrial fiber laser market in EMEA
      • Table Industrial fiber laser market in EMEA ($ millions)
    • Industrial fiber laser market in Americas
      • Table Industrial fiber laser market in Americas ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Top six countries producing rare earth elements (kilotons)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Prominent vendors
      • Table Coherent: Business segmentation by revenue 2015
      • Table Recent developments
      • Table IPG Photonics: Geographical segmentation by revenue 2015
      • Table IPG Photonics: End-user segmentation by revenue 2015
      • Table Recent developments
      • Table Rofin-Sinar Technologies: Business segmentation by revenue 2015
      • Table Rofin-Sinar Technologies: Geographical segmentation by revenue 2015
      • Table Recent developments
      • Table Recent developments
      • Table Other prominent vendors
  • Assumptions
    • Table Assumptions taken for market
  • Explore Technavio

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