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Jan 01, 2024

USD 1.18 Billion Growth in Industrial Fiber Laser Market from 2020 to 2025

News provided by 09 Nov, 2021, 20:15 ET Share this article NEW YORK, Nov. 9,

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09 Nov, 2021, 20:15 ET

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NEW YORK, Nov. 9, 2021 /PRNewswire/ -- The industrial fiber laser market size is expected to increase by USD 1.18 billion from 2020 to 2025, registering a CAGR of 4.61%, according to the latest research report from Technavio.

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The report on the industrial fiber laser market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The market is driven by the rapid growth of high-precision machining.

The Industrial Fiber Laser Market is segmented by Application (Cutting, Marking, and Welding) and Geography (APAC, Europe, North America, South America, and MEA).

This Industrial Fiber Laser Market report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The Industrial Fiber Laser Market Covers the Following Areas:

Industrial Fiber Laser Market Sizing

Industrial Fiber Laser Market Forecast

Industrial Fiber Laser Market Analysis

Industrial Fiber Laser Market Vendors

Industrial Fiber Laser Market Segmentation

Regional AnalysisThis 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. 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.

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Companies Mentioned

Related Reports:

Global Industrial Laser Market

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

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

USD 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

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

SOURCE Technavio