Global Fiber Laser Market is forecasted to grow at a CAGR of 16.24 % during 2016-2021.
The strong growth is driven by the increasing demand of fiber lasers in various types manufacturing processing. Industrial fiber laser systems are firmly established in material processing operations among manufacturing industries whole across the globe. Manufacturing industries use different types of sheet cutting, marking, engraving, bonding, etching etc. Additionally the high power continuous wave fiber lasers are gaining wider acceptance in the market place. In terms of industrial application fiber lasers are widely used in macro processing applications, while advance material processing and scientific applications will create fair opportunities for the fiber lasers.
Although, macro processing industrial applications have wider acceptance of fiber lasers, advance applications and marking & engraving industrial application (precision engineering) will present fair opportunities for the acceptance of fiber lasers. APAC is predicted to grow with a CAGR of 16.86% during the year 2016-2021F, which is mainly driven by the increase in number of general manufacturing industries along with the rise in the demand of consumer electronics will drive the market.
- Active Fiber Systems
- Advalue Photonics
- Coherent Inc.
- Epilog Lasers
- Fujikura Ltd
- IPG Photonics
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
4. Product Overview
5. Global Fiber Laser Market
6. North America Fiber Laser Market
7. Europe Fiber Laser Market
8. Asia Pacific Fiber Laser Market
9. ROW Fiber Laser Market
10. Market Trends
11. Market Dynamics
12. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/vnskm9/global_fiber
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SOURCE Research and Markets