Fiber lasers are mostly used for material processing applications like cutting and welding, marking, as well as fine and micro-processing of components in the automotive, manufacturing, heavy industries, and consumer electronics sectors. It is also being used extensively for medical applications and R&D.
Global Fiber Laser Market to generate a revenue of close to $3 billion by 2022.
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The report covers the present scenario and the growth prospects of the global fiber laser market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Global Fiber Laser Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- Coherent
- FANUC
- IPG Photonics
- TRUMPF
- Wuhan Raycus Fiber Laser Technologies
Market driver
- Increasing demand for high-powered fiber lasers
- For a full, detailed list, view our report
Market challenge
- Dependence on limited suppliers
- For a full, detailed list, view our report
Market trend
- Growth of the 3D printing market
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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Companies Mentioned:
Coherent, FANUC, IPG Photonics, TRUMPF, and Wuhan Raycus Fiber Laser Technologies.
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