The Fiber lasers Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Fiber lasers Market?
The market size of fiber lasers has significantly expanded in the past few years. It was projected to increase from $4.15 billion in 2024 to $4.63 billion in 2025, with a compound annual growth rate (CAGR) of 11.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Fiber lasers Industry?
The market size of fiber lasers is forecasted to reach $7.74 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 13.7%.
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What are the Key Growth Drivers Fueling the Fiber lasers Market?
The key drivers in the fiber lasers market are:
• Growth in advanced manufacturing
• The increasing use of fiber optic communication
• The need for more energy-efficient solutions
• Expansion in aerospace and defense sector
Global Market Segmentation: Identifying Major Fiber lasers Industry Segments
The fiber lasers market covered in this report is segmented –
1) By Type: Infrared Fiber Laser, Ultraviolet Fiber Laser, Ultrafast Fiber Laser
2) By Application: Marking, Micro Processing, High Power, Fine Processing
3) By End Use: Material Processing, Healthcare: Other End Users
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What are the Emerging Trends Shaping the Future of the Fiber lasers Market?
The key trends in the fiber lasers market are:
• High power fiber lasers are shaping up as a significant emerging trend.
• Fiber laser cutting and welding applications are increasingly influencing the market.
• There is growing interest and application of fiber lasers in medical and healthcare fields.
• Fiber laser cutting in 3D printing technology is an emerging trend forecasted for the future.
Who Are the Top Competitors & Leading Players in the Fiber lasers Market?
Major companies in the fiber lasers market are:
• Amonics Ltd.
• Apollo Instruments Inc.
• Coherent Inc.
• IPG Photonics Corporation
• Jenoptik Laser GmbH
• CY Laser SRL
• NKT Photonics A/S
• Quantel Group
• TRUMPF SE + Co KG
• Toptica Photonics AG
• Lasertechnologie GmbH
• Sigma Mechatronics Pvt Ltd.
• SPI Lasers Limited
• Wuhan Raycus Fiber Laser Technologies Co Ltd.
• MaxPhotonics Co Ltd.
• Lumentum Operations LLC
• nLIGHT Inc.
• Keopsys SA
• Fujikura Ltd.
• Furukawa Electric Co Ltd.
• Newport Corporation
• EO Technics Co Ltd.
• O.R. Lasertechnologie GmbH
• Avonisys AG
• Bystronic Inc.
• Amada Weld Tech Co Ltd.
• Epilog Laser
• Raymond Laser
• Accurl
• Thorlabs Inc.
Regional Dominance: Which Area Leads the Global Fiber lasers Market?
Asia Pacific was the largest region in the fiber lasers market in 2023
