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According to the latest report of the IMARC group, entitled “Fiber Lasers Market Share: Global Industry Trends, Size, Growth, Opportunities and Forecast 2021-2026“, the global fiber laser market is expected to grow at a CAGR of around 8% during the period 2021-2026.

A fiber laser uses an optical fiber as the active medium doped with rare earth elements such as erbium, ytterbium, neodymium, thulium, praseodymium, holmium and dysprosium. It is alignment and maintenance free and offers advantages such as adaptability, compactness, reliability, cost effectiveness and high energy levels. It is currently available in many forms, which can be adopted for heavy plate welding and femtosecond pulse generation.

Like the new coronavirus (COVID-19[FEMALE)[FEMININE) The crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the industrial behavior of consumers around the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic. .

Global Fiber Laser Market Trends:

Rapid industrialization coupled with increasing adoption of advanced technologies to enable automation of various manufacturing processes is representing one of the key factors driving the growth of the market. Apart from this, due to the increasing prevalence of chronic diseases among individuals, fiber lasers are gaining traction in the healthcare sector. They are used in dentistry, photodynamic therapy and in biomedical sensing for mid-infrared spectroscopy. Additionally, with the growing demand for electric vehicles (EV), the application of fiber lasers is expected to increase in internal combustion engines (ICE).

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2021-2026 Global Fiber Lasers Market Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

  • ABB Ltd.
  • Amonics Limited
  • Apollo Instruments Inc.
  • Coherent Inc.
  • Cy-laser Srl
  • IPG Photonics Corporation
  • MKS Instruments Inc.
  • Omron Company
  • NKT Photonics A/S
  • Toptica Photonics
  • Trumpf GmbH + Co. KG

The report has segmented the market based on region, type and application.

Breakdown by type:

  • Infrared fiber laser
  • Ultraviolet fiber laser
  • Ultra-fast fiber laser
  • Visible fiber laser

Breakdown by application:

  • Chopped off
  • Welding
  • Marking
  • Fine and micro processing
  • Medical
  • Others

Breakdown by region:

  • North America: (United States, Canada)
  • Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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Related IMARC Group Reports:

Main highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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