Lucintel Forecasts The Global Fiber Laser Market To Reach $8 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global fiber laser market looks promising with opportunities in the material processing, and instrumentation and measurement markets. The global fiber laser market is expected to reach an estimated $8 billion by 2030 from $3 billion in 2023 at a CAGR of 14% from 2023 to 2030. The major drivers for this market are rising demand for high powered laser machine for cutting and welding, need of laser beam with high beam quality with low cost features, and growing demand for 3D printing market.
A more than 150-page report to understand trends, opportunity and forecast in global fiber laser market to 2030 by product type (infrared, ultraviolet, ultrafast, and visible), usage type (high power cutting & welding, marking, fine processing, and others), application (material processing, instrumentation and measurement, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that ultrafast will remain the largest segment over the forecast period.
Within this market, material processing will remain the larger ...
... segment.
Download sample by clicking on fiber laser market.
IPG Photonics Corporation, Coherent, Inc., Amonics Ltd., Apollo Instruments, Inc., CY Laser SRL, Jenoptik Group, Keopsys Group, NKT Photonics A/S, TRUMPF, TOPTICA Photonics AG are the major suppliers in the fiber laser market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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