Fiber Laser Market Share, Size, Trends, Growth, Analysis and Overview

About fiber lasers

Fiber lasers are used for material processing applications such as cutting and welding in the automotive, manufacturing, heavy industry, and consumer electronic sectors. They are also being used extensively for medical applications. Apart from the welding and cutting processes, fiber lasers are used for marking and engraving components for better traceability and for removing product falsification and inventory management.

Technavio predicts that the global fiber laser market to grow at a CAGR of 16.2% over the period 2014-2019.

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Covered in this report

This report provides the present scenario and the growth prospects of the global fiber laser market during 2015-2019. To calculate the market size, the report considers revenue generated through different applications of fiber lasers: material processing application, advanced application, medical application, and other application.

Material processing application
o High power
? Cutting
? Welding
o Marking
o Fine processing
o Micro processing
Advanced application
Medical application
Other application

Technavio's report, Global Fiber Laser Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the global fiber laser market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. The report also focuses on the demand patterns from geographies: Americas, APAC, and EMEA during the forecast period. Also, this report presents the growth factors driving this market, the challenges faced by the vendors, and the trends influencing this market that will stimulate growth during the forecast period.

Key regions

Key vendors
IPG Photonics
Rofin-Sinar Technologies...