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
Technavio