Fiber Laser Market size to grow by USD 8,780.64 million between 2022 and 2027|Growth of the three-dimensional (3D) printing market is one of the major market trends - Technavio

NEW YORK, July 7, 2023 /PRNewswire/ -- The fiber laser market size is set to grow by USD 8,780.64 million between 2022 and 2027. The market is estimated to register a CAGR of 11.05%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. View Sample Report

The report also covers the following areas:

• Fiber Laser Market size
• Fiber Laser Market trends
• Fiber Laser Market industry analysis

Factors such as the increasing demand for high-powered fiber lasers, the demand for enhanced productivity, and the declining demand for CO2 lasers will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The fiber laser market is fragmented, and the degree of fragmentation will accelerate during the forecast period.

Fiber Laser Market 2023-2027: Segmentation

The fiber laser market is segmented as follows:

• Application 
• Material Processing
• Advanced Applications
• Healthcare
• Others
• Geography 
• North America
• APAC
• Europe
• Middle East And Africa
• South America

The material processing segment will be significant during the forecast period. Material processing includes cutting, welding, engraving, and marking applications for different materials. This segment has been further segmented into high power, marking, fine processing, and micro-processing. High-power applications include cutting and welding applications and are the main contributors to the material processing segment. Hence, these factors will drive the growth of the material processing segment of the global fiber laser market at a rapid pace during the forecast period.

Detail insights on the impact of each segment and make informed business decisions, request a sample report now!

Fiber Laser Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the fiber laser market include Amonics Ltd, Apollo Instruments Inc., Calmar Laser Inc., Coherent Corp., CY Laser Srl, FANUC Corp., Furukawa Electric Co. Ltd., Hypertherm Inc., IPG Photonics Corp., Jenoptik AG, LNA Laser Technology, Lumentum Holdings Inc., LUMIBIRD SA, MACSA ID SA, MKS Instruments Inc, NKT AS, OMRON Corp., TOPTICA Photonics AG, TRUMPF SE Co. KG, and Wuhan Raycus Fiber Laser Technologies Co. Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the fiber laser market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Vendor Offerings

• Amonics Ltd - The company offers fiber lasers such as the ALiDAR series. 
• FANUC Corp. - The company offers fiber lasers such as the Fanuc laser C series. 
• IPG Photonics Corp. - The company offers fiber lasers such as Low power CW fiber lasers. 

Fiber Laser Market 2023-2027: Market Dynamics

Key Drivers

• The increasing demand for high-powered fiber lasers is a key factor that drives the global fiber laser market growth.
• The demand for high-powered lasers has increased, as they are used in various applications such as non-destructive testing in several industries, including aeronautical engineering, civil engineering, electrical engineering, forensic engineering, mechanical engineering, medicine, petroleum engineering, and systems engineering.
• Therefore, the market will observe an increase in the demand for high-powered pulsed fiber lasers, which, in turn, will result in the growth of the global market during the forecast period.

Significant Trends

• The growth of the three-dimensional (3D) printing market is an emerging trend shaping the global fiber laser market.
• 3D printing is used in several industries, such as aerospace and defense, consumer electronics, healthcare, and several others, for manufacturing highly complex structures.
• In many metal-based 3D printers, multiple laser sources, such as fiber lasers, are used to fuse the metallic powder.
• The increase in demand for 3D printing will drive the demand for fiber lasers.
• Such factors will support the growth of the global fiber laser market during the forecast period.

Major Challenges

• The dependence on a limited number of suppliers is a challenge hindering the global fiber laser market growth.
• Fiber laser manufacturers rely on third-party vendors for the supply of components integrated into laser systems. However, due to the limited number of suppliers, vendors are facing a shortage in raw material supply.
• Moreover, uncertain global economic conditions lead to fluctuation in the prices of commodities and currency values, thereby affecting suppliers and manufacturers.
• Such factors impede the growth of the global fiber laser market during the forecast period.

What's New?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial  - Buy the report!

Fiber Laser Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist fiber laser market growth during the next five years
• Estimation of the fiber laser market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the fiber laser market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of fiber laser market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global fiber laser market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global fiber laser market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Material processing - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Material processing - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Material processing - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Material processing - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Material processing - Year-over-year growth 2022-2027 (%)

• 6.4 Advanced applications - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Advanced applications - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Advanced applications - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Advanced applications - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Advanced applications - Year-over-year growth 2022-2027 (%)

• 6.5 Healthcare - Market size and forecast 2022-2027
• Exhibit 42: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Application 
• Exhibit 50: Market opportunity by Application ($ million)

7 Market Segmentation by Product Type

• 7.1 Market segments 
• Exhibit 51: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Product Type - Market share 2022-2027 (%)

• 7.2 Comparison by Product Type 
• Exhibit 53: Chart on Comparison by Product Type
• Exhibit 54: Data Table on Comparison by Product Type

• 7.3 Continuous wave fiber laser - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Continuous wave fiber laser - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Continuous wave fiber laser - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Continuous wave fiber laser - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Continuous wave fiber laser - Year-over-year growth 2022-2027 (%)

• 7.4 Pulsed fiber laser - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Pulsed fiber laser - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Pulsed fiber laser - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Pulsed fiber laser - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Pulsed fiber laser - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Product Type 
• Exhibit 63: Market opportunity by Product Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027
• Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027
• Exhibit 105: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Amonics Ltd 
• Exhibit 116: Amonics Ltd - Overview
• Exhibit 117: Amonics Ltd - Product / Service
• Exhibit 118: Amonics Ltd - Key offerings

• 12.4 Apollo Instruments Inc. 
• Exhibit 119: Apollo Instruments Inc. - Overview
• Exhibit 120: Apollo Instruments Inc. - Product / Service
• Exhibit 121: Apollo Instruments Inc. - Key offerings

• 12.5 Calmar Laser Inc. 
• Exhibit 122: Calmar Laser Inc. - Overview
• Exhibit 123: Calmar Laser Inc. - Product / Service
• Exhibit 124: Calmar Laser Inc. - Key offerings

• 12.6 Coherent Corp. 
• Exhibit 125: Coherent Corp. - Overview
• Exhibit 126: Coherent Corp. - Business segments
• Exhibit 127: Coherent Corp. - Key news
• Exhibit 128: Coherent Corp. - Key offerings
• Exhibit 129: Coherent Corp. - Segment focus

• 12.7 CY Laser Srl 
• Exhibit 130: CY Laser Srl - Overview
• Exhibit 131: CY Laser Srl - Product / Service
• Exhibit 132: CY Laser Srl - Key offerings

• 12.8 FANUC Corp. 
• Exhibit 133: FANUC Corp. - Overview
• Exhibit 134: FANUC Corp. - Product / Service
• Exhibit 135: FANUC Corp. - Key offerings

• 12.9 Furukawa Electric Co. Ltd. 
• Exhibit 136: Furukawa Electric Co. Ltd. - Overview
• Exhibit 137: Furukawa Electric Co. Ltd. - Business segments
• Exhibit 138: Furukawa Electric Co. Ltd. - Key offerings
• Exhibit 139: Furukawa Electric Co. Ltd. - Segment focus

• 12.10 Hypertherm Inc. 
• Exhibit 140: Hypertherm Inc. - Overview
• Exhibit 141: Hypertherm Inc. - Product / Service
• Exhibit 142: Hypertherm Inc. - Key offerings

• 12.11 IPG Photonics Corp. 
• Exhibit 143: IPG Photonics Corp. - Overview
• Exhibit 144: IPG Photonics Corp. - Product / Service
• Exhibit 145: IPG Photonics Corp. - Key offerings

• 12.12 Jenoptik AG 
• Exhibit 146: Jenoptik AG - Overview
• Exhibit 147: Jenoptik AG - Business segments
• Exhibit 148: Jenoptik AG - Key news
• Exhibit 149: Jenoptik AG - Key offerings
• Exhibit 150: Jenoptik AG - Segment focus

• 12.13 MACSA ID SA 
• Exhibit 151: MACSA ID SA - Overview
• Exhibit 152: MACSA ID SA - Product / Service
• Exhibit 153: MACSA ID SA - Key offerings

• 12.14 MKS Instruments Inc 
• Exhibit 154: MKS Instruments Inc - Overview
• Exhibit 155: MKS Instruments Inc - Business segments
• Exhibit 156: MKS Instruments Inc - Key offerings
• Exhibit 157: MKS Instruments Inc - Segment focus

• 12.15 NKT AS 
• Exhibit 158: NKT AS - Overview
• Exhibit 159: NKT AS - Business segments
• Exhibit 160: NKT AS - Key offerings
• Exhibit 161: NKT AS - Segment focus

• 12.16 OMRON Corp. 
• Exhibit 162: OMRON Corp. - Overview
• Exhibit 163: OMRON Corp. - Business segments
• Exhibit 164: OMRON Corp. - Key news
• Exhibit 165: OMRON Corp. - Key offerings
• Exhibit 166: OMRON Corp. - Segment focus

• 12.17 TRUMPF SE Co. KG 
• Exhibit 167: TRUMPF SE Co. KG - Overview
• Exhibit 168: TRUMPF SE Co. KG - Business segments
• Exhibit 169: TRUMPF SE Co. KG - Key offerings
• Exhibit 170: TRUMPF SE Co. KG - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 171: Inclusions checklist
• Exhibit 172: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 173: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 174: Research methodology
• Exhibit 175: Validation techniques employed for market sizing
• Exhibit 176: Information sources

• 13.5 List of abbreviations 
• Exhibit 177: List of abbreviations 

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