Published by mark itwired
Posted on July 30, 2021
A fiber laser is a type of industrial laser, typically solid-state
laser, where the active medium is an RE (Rhenium) doped optical fiber
developed by the optical pumping of diode lasers. These fibers are
called active fibers and are comparable in diameter to a human hair. The
laser emission is created within optical fibers and delivered through a
flexible optical fiber cable. In addition, fiber lasers free end-users
from fine mechanical adjustments and the high maintenance costs that are
typical for conventional lasers. Attributing to their design and
components, fiber lasers are more compact, reliable, efficient, robust
and easier to operate than conventional lasers.
Manufacturers are focusing on enhancing their production
capabilities. That apart, high demand is being witnessed from aerospace
and automotive industries, which has been fuelling the growth of the fiber laser market.
As a result of these factors, the global market for fiber laser is
expected to witness significant growth in 2018 and reach a market value
of US$ 2,215.1 Mn while registering a Y-o-Y growth rate of 8.4% as
compared to 2017. Furthermore, the global demand for fiber laser is also
expected to be influenced by industrial developments and rising
urbanisation in various regions. Moreover, price reduction and technical
advancements in fiber laser equipment have also led to their
application in 3D printers for material deposition, primarily for the
aerospace industry.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8174
Recovery in global manufacturing value added is pulling in
significant capital investments across the fiber laser market. With the
general growth rate of various industrial sectors, such as aerospace and
automotive, hovering at a number higher than the overall global
economic growth number, new manufacturing capacity additions at a macro
level are expected to come up in the coming years. This, in turn, is
expected to support the growth of the fiber laser market across the globe.
China is estimated to account for nearly 34.4% of the global fiber
laser market in 2018. Furthermore, being at the forefront of the fiber
laser market, China has launched various strategies in an attempt to
boost manufacturing activities in the country; subsequently, benefiting
the manufacturers of fiber laser. However, the global fiber laser market
is expected to face certain challenges. Political uncertainty
in Europe and the Middle East & Africa is expected to slow down the
consumption of fiber lasers. Moreover, the lower rate of installation
and lack of consumer awareness about fiber laser are the other important
factors that will impede the growth of the fiber laser market.
Preview Analysis On Fiber Laser Market: Elevating Frequency
of Conventional Laser Replacements in Material Processing Applications
to Support Growth: Global Industry Analysis 2013 – 2018 and Opportunity
Assessment, 2019 – 2027: https://www.futuremarketinsights.com/reports/fiber-laser-market
Additionally, the fiber laser market has been experiencing a decline
in average selling prices, which has been eroding gross margins and
harming the operating results of players. The introduction of new
products and technologies, intensifying competition and price pressures
from customers are among the other challenges faced by manufacturers.
IPG Photonics Corporation, TRUMPF GmbH + Co. KG, Maxphotonics Co.,
Ltd., Coherent Inc., Newport Corporation, Wuhan Raycus Fiber Laser
Technologies Co., Ltd., Lumentum Operations LLC, Fanuc Corporation,
Furukawa Electric Co., Ltd., Keopsys S.A., Fujikura Ltd., and nLIGHT,
Inc. are some of the key players involved in the global fiber laser
market.
Long-Term Outlook: In terms of market value, the
global fiber laser market is anticipated to expand at a 10.0% CAGR and
create significant opportunities for value chain participants during the
forecast period. Further, the India fiber laser market is set to
observe a robust growth rate due to rapid industrialization in the
country, which in turn will trigger the demand for specialized
industrial lasers such as fiber lasers.
Request Report Table of Contents with figures @ https://www.futuremarketinsights.com/askus/rep-gb-8174
More from Industrial Automation & Equipment Market:
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
A fiber laser is a type of industrial laser, typically solid-state
laser, where the active medium is an RE (Rhenium) doped optical fiber
developed by the optical pumping of diode lasers. These fibers are
called active fibers and are comparable in diameter to a human hair. The
laser emission is created within optical fibers and delivered through a
flexible optical fiber cable. In addition, fiber lasers free end-users
from fine mechanical adjustments and the high maintenance costs that are
typical for conventional lasers. Attributing to their design and
components, fiber lasers are more compact, reliable, efficient, robust
and easier to operate than conventional lasers.
Manufacturers are focusing on enhancing their production
capabilities. That apart, high demand is being witnessed from aerospace
and automotive industries, which has been fuelling the growth of the fiber laser market.
As a result of these factors, the global market for fiber laser is
expected to witness significant growth in 2018 and reach a market value
of US$ 2,215.1 Mn while registering a Y-o-Y growth rate of 8.4% as
compared to 2017. Furthermore, the global demand for fiber laser is also
expected to be influenced by industrial developments and rising
urbanisation in various regions. Moreover, price reduction and technical
advancements in fiber laser equipment have also led to their
application in 3D printers for material deposition, primarily for the
aerospace industry.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8174
Recovery in global manufacturing value added is pulling in
significant capital investments across the fiber laser market. With the
general growth rate of various industrial sectors, such as aerospace and
automotive, hovering at a number higher than the overall global
economic growth number, new manufacturing capacity additions at a macro
level are expected to come up in the coming years. This, in turn, is
expected to support the growth of the fiber laser market across the globe.
China is estimated to account for nearly 34.4% of the global fiber
laser market in 2018. Furthermore, being at the forefront of the fiber
laser market, China has launched various strategies in an attempt to
boost manufacturing activities in the country; subsequently, benefiting
the manufacturers of fiber laser. However, the global fiber laser market
is expected to face certain challenges. Political uncertainty
in Europe and the Middle East & Africa is expected to slow down the
consumption of fiber lasers. Moreover, the lower rate of installation
and lack of consumer awareness about fiber laser are the other important
factors that will impede the growth of the fiber laser market.
Preview Analysis On Fiber Laser Market: Elevating Frequency
of Conventional Laser Replacements in Material Processing Applications
to Support Growth: Global Industry Analysis 2013 – 2018 and Opportunity
Assessment, 2019 – 2027: https://www.futuremarketinsights.com/reports/fiber-laser-market
Additionally, the fiber laser market has been experiencing a decline
in average selling prices, which has been eroding gross margins and
harming the operating results of players. The introduction of new
products and technologies, intensifying competition and price pressures
from customers are among the other challenges faced by manufacturers.
IPG Photonics Corporation, TRUMPF GmbH + Co. KG, Maxphotonics Co.,
Ltd., Coherent Inc., Newport Corporation, Wuhan Raycus Fiber Laser
Technologies Co., Ltd., Lumentum Operations LLC, Fanuc Corporation,
Furukawa Electric Co., Ltd., Keopsys S.A., Fujikura Ltd., and nLIGHT,
Inc. are some of the key players involved in the global fiber laser
market.
Long-Term Outlook: In terms of market value, the
global fiber laser market is anticipated to expand at a 10.0% CAGR and
create significant opportunities for value chain participants during the
forecast period. Further, the India fiber laser market is set to
observe a robust growth rate due to rapid industrialization in the
country, which in turn will trigger the demand for specialized
industrial lasers such as fiber lasers.
Request Report Table of Contents with figures @ https://www.futuremarketinsights.com/askus/rep-gb-8174
More from Industrial Automation & Equipment Market:
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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