DUBLIN--(BUSINESS WIRE)--The "Global Fiber Laser Market by Type and Application - Global Opportunity Analysis and Industry Forecast, 2018-2025" report has been added to ResearchAndMarkets.com's offering.
The global fiber lasers market accounted for $1,782 million in 2017, and is projected to reach $4,403 million by 2025, registering a CAGR of 11.9% from 2018 to 2025.
Factors such as the improved performance over other alternative technologies, less CO2 emission, and less power consumption drive the fiber laser market. The performance and utilization of fiber lasers are continually expanding. Furthermore, increase in innovations have greatly reduced the costs associated with fiber lasers, when contrasted with alternate technologies. Better innovation implies fiber lasers are becoming stronger, more effective, and more energy efficient.
Market Dynamics
Drivers
- Eco-Friendly Technology
- Technological Advancement with Respect to Fiber Lasers
- High Beam Quality and a Lower Cost of Ownership
Restraints
- Reduced Cutting Speed while Processing Thicker Materials
- Undesired Pulse Pedestals and Nonlinear Optical Effects
Opportunity
- Automobile and Mobile Electronics Applications
Profiles for:
Key Players
- Amonics Ltd.
- Apollo Instruments Inc.
- Coherent Inc.
- IPG Photonics Corporation
- Jenoptik Laser GmbH
- CY Laser SRL
- NKT Photonics A/S
- Quantel Group
- TRUMPF
- Toptica Photonics AG
Other Players
- O.R. Lasertechnologie GmbH
- Sigma Mechatronics Pvt. Ltd.
- SPI Lasers Limited
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Fiber Laser Market, by Type
Chapter 5: Global Fiber Laser Market, by Application
Chapter 6: Global Fiber Laser Market, by Geography
Chapter 7: Company Profiles
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