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Industrial Fiber Laser Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71112
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The industrial fiber laser market has the potential to grow by USD 1.18 billion during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 4.61%.

This industrial fiber laser market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by application (cutting, marking, and welding) and geography (APAC, Europe, North America, South America, and MEA). The industrial fiber laser market report also offers information on several market vendors, including Amonics Ltd., Coherent Inc., FANUC Corp., Furukawa Electric Co. Ltd., IPG Photonics Corp., Jenoptik AG, Mitsubishi Corp., MKS Instruments Inc., NKT AS, and TRUMPF GmbH + Co. KG among others.

What will the Industrial Fiber Laser Market Size be in 2021?

Industrial Fiber Laser Market Size

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Industrial Fiber Laser Market: Key Drivers and Trends

The rapid growth of high-precision machining is notably driving the industrial fiber laser market growth, although factors such as increasing demand for refurbished laser cutting machines may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial fiber laser industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

This industrial fiber laser market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Industrial Fiber Laser Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Amonics Ltd.
  • Coherent Inc.
  • FANUC Corp.
  • Furukawa Electric Co. Ltd.
  • IPG Photonics Corp.
  • Jenoptik AG
  • Mitsubishi Corp.
  • MKS Instruments Inc.
  • NKT AS
  • TRUMPF GmbH + Co. KG

 

This statistical study of the industrial fiber laser market encompasses successful business strategies deployed by the key vendors. The industrial fiber laser market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The industrial fiber laser market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Industrial Fiber Laser Market?

Industrial Fiber Laser Market Market segmentation by region

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55% of the market's growth will originate from APAC during the forecast period. China, South Korea (Republic of Korea), and Japan are the key markets for industrial fiber lasers in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Industrial Fiber Laser Market?

Industrial Fiber Laser Market Segmentation

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The industrial fiber laser market share growth by the cutting segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial fiber laser market size and actionable market insights on post COVID-19 impact on each segment.

 

Industrial Fiber Laser Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 4.61%

Market growth 2021-2025

$ 1.18 billion

Market structure

Fragmented

YoY growth (%)

5.32

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 55%

Key consumer countries

China, US, South Korea (Republic of Korea), Germany, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Amonics Ltd., Coherent Inc., FANUC Corp., Furukawa Electric Co. Ltd., IPG Photonics Corp., Jenoptik AG, Mitsubishi Corp., MKS Instruments Inc., NKT AS, and TRUMPF GmbH + Co. KG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for the forecast period.

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What are the Key Factors Covered in this Industrial Fiber Laser Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial fiber laser market growth during the next five years
  • Precise estimation of the industrial fiber laser market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial fiber laser industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial fiber laser market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Cutting - Market size and forecast 2020-2025
  • Marking - Market size and forecast 2020-2025
  • Welding - Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Amonics Ltd.
  • Coherent Inc.
  • FANUC Corp.
  • Furukawa Electric Co. Ltd.
  • IPG Photonics Corp.
  • Jenoptik AG
  • Mitsubishi Corp.
  • MKS Instruments Inc.
  • NKT AS
  • TRUMPF GmbH + Co. KG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Industrial Fiber Laser market growth will increase by $1181.56 million during 2020-2025.
The industrial fiber laser market is expected to grow at a CAGR of 4.61% during 2020-2025.
Technavio has segmented the industrial fiber laser market by application (Cutting, Marking, and Welding) and geographic (APAC, Europe, North America, South America, and MEA).
Amonics Ltd., Coherent Inc., FANUC Corp., Furukawa Electric Co. Ltd., IPG Photonics Corp., Jenoptik AG, Mitsubishi Corp., MKS Instruments Inc., NKT AS, TRUMPF GmbH + Co. KG are a few of the key vendors in the industrial fiber laser market.
APAC will register the highest growth rate of 55.13% among the other regions. Therefore, the industrial fiber laser market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • South Korea (Republic of Korea)
  • Germany
  • Japan
The key factors driving the industrial fiber laser market growth are:
  • Rapid growth of high-precision machining
The industrial fiber laser market vendors should focus on grabbing business opportunities from the cutting segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

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