Fiber Laser Market Report 2025 (Global Edition)

Global Fiber Laser Market Report 2025 Market Size Split by Laser Type (Continuous Wave Lasers, Pulsed Lasers, Quasi Continuous Wave Laser), by Application (Cutting, Welding & Other High-Power Applicat...

Fiber Laser Market Report Description

We have various report editions of Fiber Laser Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Competitive Landscape of the Fiber Laser Market

IPG Photonics Corporation

IPG Photonics Corporation develops, manufactures, and sells high-performance fiber lasers, fiber amplifiers, and diode lasers that are used for diverse applications, primarily in materials processing. Fiber lasers are a type of laser that combines the advantages of semiconductor diodes, such as long life and high efficiency, with the high amplification and precise beam qualities of specialty optical fibers to deliver superior performance, reliability, and usability.

The portfolio of laser solutions is used in materials processing, medical, and advanced applications. The company offers its products globally to original equipment manufacturers, system integrators, and end users. The company markets products internationally, primarily through a direct sales force. The major manufacturing facilities are located in the United States and Germany.

Coherent Corp.

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, optical and laser subsystems and systems for use in the industrial, communications, electronics, and instrumentation markets. The company uses advanced engineered materials growth technologies and proprietary high-precision fabrication, microassembly, optical thin-film coating, and electronic integration to manufacture complex optoelectronic devices and modules. Its products are deployed in a variety of market verticals, including (i) precision manufacturing; (ii) semiconductor capital equipment; (iii) display capital equipment; (iv) aerospace & defense; (v) telecommunication networks; (vi) data communication networks; (vii) consumer electronics; (viii) automotive; (ix) life sciences; and (x) scientific instruments. It generates almost all of its revenues, earnings, and cash flows from developing, manufacturing, and marketing a broad portfolio of products and services for its end markets. Coherent Corp. also generates revenue, earnings, and cash flows from government funded research and development contracts relating to the development and manufacture of new technologies, materials, and products.

Fiber Laser Industry News

June 2023

Coherent Introduced New HighLight FL-ARM Fiber Lasers For Increased Welding Process

Coherent Corp. (NYSE: COHR), a leader in industrial lasers and laser subsystems, today announced the introduction of new adjustable ring mode (ARM) lasers, part of the HighLight FL-ARM laser series, with significantly improved beam properties. Designed to enhance the control of the welding process over large working areas, the new ARM laser targets deep welding applications that are common in battery manufacturing for electric vehicles (EVs). The new HighLight FL-ARM lasers from Coherent feature longer collimated beam lengths and smaller spot sizes that enable high-quality deep welds with greater uniformity over large working areas.

(Source-https://www.coherent.com/news/press-releases/new-highlight-fl-arm-lasers)

June 2020

Coherent launched new 4kW fiber laser welding system

Coherent’s new HighLight FL4000CSM-ARM fiber laser builds on the success of Coherent HighLight ARM fiber laser series, which is already qualified for automotive applications. The new laser enables more advanced welding capabilities for high thermal conductivity metals, and aligns to welding requirements for e-mobility, energy storage, and general electrical interconnects consisting of dissimilar materials, such as copper and aluminum, and foil stacks that require precise control.

(Source-https://www.coherent.com/news/press-releases/exactweld-410-laser-welding-system)

Top Companies Market Share in Fiber Laser Industry: (In no particular order of Rank)

• Jenoptik Group
• CY Laser SRL
• Apollo Instruments Inc
• Coherent Corp.
• IPG Photonics Corporation
• Toptica Photonics AG
• Amonics Ltd
• NKT Photonics A/S
• Quantel Group
• TRUMPF
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional analysis of the Fiber Laser Market

Based on region, the North America region accounted for the 27.13% of market share in 2023 with CAGR of 10.22% throughout the forecast period. North America is one of the leading regions in the global fiber laser market owing to its robust industrial infrastructure, technological advancements, and substantial investments in research and development. The United States, in particular, dominates the region's market share due to the presence of key players such as IPG Photonics Corporation and Coherent Inc. The automotive, aerospace, and electronics sectors are significant contributors to the demand for fiber lasers in North America. 

For instance, in automotive manufacturing, fiber lasers are extensively used for welding, cutting, and marking applications due to their precision, speed, and efficiency. Moreover, the region's focus on adopting advanced manufacturing technologies to enhance productivity and reduce operational costs further fuels the demand for fiber lasers. Additionally, the growing adoption of fiber lasers in medical device manufacturing and defense applications is augmenting market growth in North America.

The current report Scope analyzes Fiber Laser Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Fiber Laser Market Analysis

North America Fiber laser market Analysis

According to Cognitive Market Research, North America Fiber laser market size is USD1,224.90 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.22% from 2024 to 2031.

The sales of fiber lasers in North America are set to increase due to the region's strong emphasis on technological innovation and automation. Industries such as aerospace and defence are driving demand for high-precision laser systems for cutting and welding applications. Moreover, the increasing trend of reshoring manufacturing operations to North America fuels the demand for advanced laser technologies. The cutting segment is expected to see significant growth in North America, driven by the need for precision engineering in aerospace and automotive industries.

• According to Cognitive Market Research, The United States fiber laser market had a market share of USD 1109.40 million in 2024 and is projected to grow at a CAGR of 9.6% during the forecast period. Sales of fiber lasers in the U.S. are set to rise due to the country's strong manufacturing base, demand for high-precision cutting and welding solutions, and emphasis on technological innovation.
• The Canada fiber laser market had a market share of USD 168.73 million in 2024 and is projected to grow at a CAGR of 10.6% during the forecast period. Increasing adoption of fiber lasers in Canada is driven by industries such as automotive and aerospace, seeking efficient and precise manufacturing solutions to meet evolving market demands.
• The Mexico fiber laser market had a market share of USD 127.95 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period.

Europe Fiber Laser Market Analysis

Europe Fiber laser marke Analysis

According to Cognitive Market Research, Europe Fiber laser market size is USD 1108.74 million in 2024 and will expand at a compound annual growth rate (CAGR) of 11.11% from 2024 to 2031.

Europe accounted for a share of around 30% of the global market size of USD 1054.56 million. The transition towards green manufacturing practices drives the adoption of fiber lasers for their reduced environmental impact compared to traditional machining methods. Furthermore, Europe's strong presence in industries such as automotive and electronics fuels demand for fiber lasers for cutting, welding, and marking applications. Additionally, government initiatives promoting industrial digitization and smart manufacturing contribute to the growth of the fiber laser market in Europe. The welding and other high-power applications segment is poised for substantial growth in Europe, driven by the automotive sector's demand for robust and precise welding solutions.

• The United Kingdom fiber laser market had a market share of USD 177.17 million in 2024 and is projected to grow at a CAGR of 10.9% during the forecast period. In the UK, sales of fiber lasers are driven by the aerospace and defence sectors, demand for sustainable manufacturing practices, and government initiatives promoting industrial digitization and innovation.
• The France fiber laser market had a market share of USD 97.02 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period.
• The Germany fiber laser market had a market share of USD 208.80 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. The sales of fiber lasers in Germany are propelled by the country's engineering excellence, automotive manufacturing prowess, and focus on Industry 4.0, driving demand for advanced laser technologies across various industrial sectors.
• The Italy fiber laser market had a market share of USD 90.69 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period.
• The Russia fiber laser market had a market share of USD 163.46 million in 2024 and is projected to grow at a CAGR of 9.1% during the forecast period.
• The Spain fiber laser market had a market share of USD 86.47 million in 2024 and is projected to grow at a CAGR of 9.2% during the forecast period.
• The Luxembourg fiber laser market had a market share of USD 32.69 million in 2024 and is projected to grow at a CAGR of 10.2% during the forecast period.
• The Portugal fiber laser market had a market share of USD 22.15 million in 2024 and is projected to grow at a CAGR of 9.9% during the forecast period.
• The Greece fiber laser market had a market share of USD 12.65 million in 2024 and is projected to grow at a CAGR of 10.4% during the forecast period.
• The Rest of Europe fiber laser market had a market share of USD 163.46 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period.

 

Asia Pacific Fiber Laser Market Analysis

Asia Pacific Fiber laser market Analysis

According to Cognitive Market Research,Asia Pacific Fiber laser market size is USD1,866.52 million in 2024 and will expand at a compound annual growth rate (CAGR) of 11.27% from 2024 to 2031.

The region's burgeoning automotive, electronics, and semiconductor industries drive demand for fiber lasers for cutting, welding, and engraving applications. Moreover, Asia Pacific's dominance in global manufacturing and its large consumer base create opportunities for fiber laser manufacturers. Additionally, technological advancements and the adoption of Industry 4.0 practices accelerate the uptake of fiber lasers in the region. The cutting segment is expected to witness robust growth in Asia Pacific, fuelled by the region's thriving manufacturing sector and the demand for high-precision cutting solutions.

• According to Cognitive Market Research, The China fiber laser market had a market share of USD 363.82 million in 2024 and is projected to grow at a CAGR of 13.1% during the forecast period. Sales of fiber lasers in China are fuelled by the country's rapid industrialization, booming manufacturing sector, and government initiatives promoting high-tech industries and advanced manufacturing technologies.
• The Japan fiber laser market had a market share of USD 111.57 million in 2024 and is projected to grow at a CAGR of 12.1% during the forecast period.
• The India fiber laser market had a market share of USD 97.02 million in 2024 and is projected to grow at a CAGR of 15.4% during the forecast period. Increasing adoption of fiber lasers in India is driven by the country's growing automotive, electronics, and infrastructure sectors, coupled with government initiatives like "Make in India" promoting domestic manufacturing.
• The South Korea fiber laser market had a market share of USD 80.85 million in 2024 and is projected to grow at a CAGR of 12.7% during the forecast period.
• The Australia fiber laser market had a market share of USD 42.04 million in 2024 and is projected to grow at a CAGR of 13.3% during the forecast period.
• The South East Asia fiber laser market had a market share of USD 55.79 million in 2024 and is projected to grow at a CAGR of 14.6% during the forecast period.
• The Rest of Asia Pacific fiber laser market had a market share of USD 57.40 million in 2024 and is projected to grow at a CAGR of 13.4% during the forecast period.

South America Fiber Laser Market Analysis

South America Fiber laser market Analysis

According to Cognitive Market Research, South America Fiber laser market size is USD 136.42 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.64% from 2024 to 2031.

Fiber laser sales in Latin America are poised for growth due to increasing investments in infrastructure and industrial development across the region. Industries such as automotive, aerospace, and construction drive demand for fiber lasers for cutting, welding, and marking applications. Moreover, the region's growing focus on renewable energy and sustainability boosts the adoption of fiber lasers for clean and efficient manufacturing processes. Additionally, favourable government policies and incentives encourage the adoption of advanced technologies, including fiber lasers. The marking segment is expected to see significant growth in Latin America, driven by the region's booming packaging and labelling industries.

• According to Cognitive Market Research, The Brazil fiber laser market had a market share of USD 75.23 million in 2024 and is projected to grow at a CAGR of 11.6% during the forecast period. Sales of fiber lasers in Brazil are boosted by the country's expanding automotive and aerospace industries, demand for high-quality manufacturing solutions, and focus on increasing productivity and efficiency.
• The Argentina fiber laser market had a market share of USD 29.53 million in 2024 and is projected to grow at a CAGR of 11.9% during the forecast period. In Argentina, sales of fiber lasers are driven by the country's diverse industrial base, including automotive, agriculture, and electronics, seeking advanced cutting, welding, and marking solutions for enhanced productivity.
• The Colombia fiber laser market had a market share of USD 15.64 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period.
• The Peru fiber laser market had a market share of USD 14.41 million in 2024 and is projected to grow at a CAGR of 11.2% during the forecast period.
• The Chile fiber laser market had a market share of USD 12.65 million in 2024 and is projected to grow at a CAGR of 11.3% during the forecast period.
• The Rest of Latin America fiber laser market had a market share of USD 28.30 million in 2024 and is projected to grow at a CAGR of 10.1% during the forecast period.

Middle East Fiber Laser Market Analysis

Middle East and Africa Fiber Laser Market Analysis

According to Cognitive Market Research, Middle East and Africa Fiber laser market size is USD 206.76 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.93% from 2024 to 2031.

In the Middle East and Africa (MEA) region, the sales of fiber lasers are set to increase due to the region's growing emphasis on diversifying economies and promoting industrialization. Additionally, government initiatives to attract foreign investment and develop manufacturing hubs create opportunities for fiber laser manufacturers in the MEA region. The welding and other high-power applications segment is expected to witness significant growth in MEA, driven by infrastructure development and the demand for robust welding solutions in the construction and automotive sectors.

• According to Cognitive Market Research, The GCC Countries fiber laser market had a market share of USD 30.09 million in 2024 and is projected to grow at a CAGR of 12.1% during the forecast period. Sales of fiber lasers in GCC Countries are rising due to investments in infrastructure, oil and gas, and construction sectors, coupled with government initiatives promoting diversification and technological innovation.
• The Egypt fiber laser market had a market share of USD 7.38 million in 2024 and is projected to grow at a CAGR of 11.6% during the forecast period.
• The South Africa fiber laser market had a market share of USD 11.11 million in 2024 and is projected to grow at a CAGR of 12.3% during the forecast period. Increasing adoption of fiber lasers in South Africa is fuelled by the country's mining, automotive, and manufacturing sectors, seeking efficient and precise laser processing solutions to improve productivity and competitiveness.
• The Turkey fiber laser market had a market share of USD 6.05 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period.
• The Nigeria fiber laser market had a market share of USD 7.38 million in 2024 and is projected to grow at a CAGR of 10.4% during the forecast period.
• The Rest of MEA fiber laser market had a market share of USD 8.30 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period.

Fiber Laser Market Analysis

Fiber Laser Market Laser Type Segment Analysis

• Continuous Wave Lasers

In 2019, the Continuous Wave Lasers Fiber Laser revenue (USD Million) was USD 1,602.39 Million and it expected to reach at USD 5,662.26 Million in 2031.
Based on laser type, the Continuous Wave Lasers segment holds the largest market share of 61.37% in 2023 with CAGR of 10.68% throughout the forecast period. Continuous wave (CW) lasers emit a constant stream of laser energy over time. These lasers are well-suited for applications requiring steady, uninterrupted power delivery, such as welding, cutting, and laser marking. In industrial manufacturing, CW fiber lasers are preferred for their high precision and reliability. The well-known players such as IPG Photonics Corporation company provides low, mid, and high power CW fiber lasers. For example, in the automotive industry, CW fiber lasers are used for welding car body parts with exceptional accuracy and speed, ensuring strong, durable joints. 

• Pulsed Lasers

Based on laser type, the Pulsed Lasers segment accounted for the 31.58% of market share in 2023 with CAGR of 11.49% throughout the forecast period. Pulsed lasers deliver laser energy in short bursts or pulses, offering precise control over the amount and duration of energy released. These lasers are utilized in various applications, including materials processing, scientific research, and medical treatments. For instance, in June 2020, Olympus Corporation, a leading global innovator in medical and surgical solutions, is pleased to announce the official release of the Soltive SuperPulsed Laser System (Soltive Laser System). This cutting-edge technology harnesses the power of thulium fiber lasers, specifically engineered for stone lithotripsy and soft tissue applications. The Soltive Laser System has received 510(k) clearance from the U.S. FDA and is CE (Conformité Européene) Mark approved by the relevant European Notified Body. It is now readily available across the United States, Canada, Europe, and selected countries in the Middle East and 
Africa.

• Quasi Continuous Wave Laser

Based on laser type, the Quasi Continuous Wave Laser segment accounted for the 7.05% of market share in 2023 with CAGR of 10.28% throughout the forecast period. Quasi-Continuous Wave (QCW) lasers represent a unique category in the fiber laser market, offering a blend of characteristics from both continuous wave (CW) and pulsed lasers. QCW lasers emit pulses of laser energy at a high repetition rate, interspersed with short pauses to allow for cooling. This design enables QCW lasers to achieve a balance between the continuous, steady power delivery of CW lasers and the high peak powers typical of pulsed lasers. Such versatility makes QCW lasers suitable for various applications, including materials processing, medical procedures, and scientific research. For instance, in materials processing, QCW fiber lasers are utilized for tasks like laser cutting and welding, where precise control over both energy delivery and heat dissipation is crucial. Additionally, in medical settings, QCW lasers find applications in dermatology for procedures such as skin rejuvenation and hair removal, where controlled pulses of energy can target specific tissues effectively while minimizing thermal damage to surrounding areas

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Fiber Laser Industry. Request a Free Sample PDF!

Fiber Laser Market Application Segment Analysis

• Cutting

Based on application, the cutting segment holds the largest market share of 31.20% in 2023 with CAGR of 10.69% throughout the forecast period. Fiber lasers are extensively utilized in cutting applications across various industries due to their exceptional precision, speed, and efficiency. In cutting, fiber lasers generate a concentrated and high-energy laser beam that rapidly melts, burns, or vaporizes the material being processed. This enables clean and precise cuts on a wide range of materials, including metals, plastics, ceramics, and composites. For instance, in the manufacturing sector, fiber lasers are employed for cutting metal sheets and plates to produce intricate components for automotive, aerospace, and construction industries. 

• Welding & Other High Power Applications

Based on application, welding & other high power application segment holds the 13.29% of market share in 2023 with CAGR of 12.18% throughout the forecast period. Fiber lasers also play a crucial role in welding and other high-power applications, offering superior performance compared to traditional welding techniques. In welding, fiber lasers generate intense heat that melts and fuses materials together, creating strong and durable bonds. This makes fiber lasers ideal for welding a wide range of materials, including metals, plastics, and even dissimilar materials with different thermal properties. For example, in the automotive industry, fiber lasers are used for welding car body components, exhaust systems, and battery casings with high precision and reliability. For instance, in 2023, Coherent launched its latest innovation, the HighLight FL-ARM fiber lasers, designed to enhance welding process stability across expansive working areas, specifically tailored for Electric Vehicle (EV) applications.

• Marking

Based on application, marking segment accounted for 11.89% of market share in 2023 with CAGR of 10.17% throughout the forecast period. Fiber lasers are widely employed in marking applications due to their precision, speed, and versatility. In marking, fiber lasers create permanent markings on various materials such as metals, plastics, ceramics, and even organic materials like wood and leather. These markings are crucial for product identification, branding, traceability, and aesthetic enhancement. For instance, in the automotive industry, fiber lasers are utilized to mark serial numbers, barcodes, and logos on automotive components for traceability and quality control purposes. 

• Fine & Micro Processing

Based on application, the fine & micro processing segment holds the 29.80%of market share in 2023 with CAGR of 10.81% throughout the forecast period. Fiber lasers play a crucial role in fine and micro processing applications, offering unparalleled precision and control over material removal and modification. These lasers are utilized for cutting, drilling, welding, and surface modification of various materials at microscopic scales. For instance, in the semiconductor industry, fiber lasers are used for dicing silicon wafers into individual chips with micron-level accuracy. Additionally, in the jewelry industry, fiber lasers enable intricate cutting and engraving of precious metals and gemstones to create intricate designs and patterns. Moreover, in the medical field, fiber lasers find applications in micro-machining of medical implants and devices, such as creating tiny features on stents or modifying the surface of dental implants for improved biocompatibility. The high precision and minimal thermal damage offered by fiber lasers make them indispensable tools for fine and micro processing across a wide range of industries, driving innovation and enabling the production of intricate and miniaturized components 

• Communications and Advanced Applications

Based on application, communications & advanced applications segment holds the 8.15% of market share in 2023 with CAGR of 11.34% throughout the forecast period. Fiber lasers are integral components in the field of communications and advanced applications, playing a crucial role in transmitting and processing optical signals. In telecommunications, fiber lasers serve as key elements in optical fiber networks for transmitting data over long distances with minimal signal loss. These lasers are employed in fiber optic communication systems for applications such as long-haul transmission, fiber amplification, and signal regeneration. For instance, in May 2022, Mitsubishi Electric Corporation (TOKYO: 6503) has unveiled its latest breakthrough, announcing the development of a prototype optical receiver. This receiver is touted to be the world's first of its kind designed for application in laser communication terminals (LCTs). Notably, the receiver integrates space optical communication via laser beams with an added function to detect the direction of received beams. Operating within the 1.5-μm band, a widely utilized frequency range for terrestrial optical fiber communications and various other applications, this development marks a significant advancement in optical communication technology.

• Medical

Based on application, the medical segment holds the 5.67% of market share in 2023 with CAGR of 10.49% throughout the forecast period. Fiber lasers are also extensively utilized in medical applications, offering superior precision, versatility, and safety compared to conventional surgical tools. In medical settings, fiber lasers are employed for various procedures, including surgery, dermatology, dentistry, and ophthalmology. For instance, in surgical procedures, fiber lasers are used for cutting, coagulation, and tissue ablation with high precision and minimal thermal damage to surrounding tissues. Fiber lasers enable minimally invasive surgeries (MIS) with smaller incisions, reduced scarring, and faster recovery times, making them ideal for procedures such as laparoscopy, endoscopy, and robotic surgery.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Fiber Laser Output Power Segment Analysis

• Low Power (Up to 100 Watts)

Based on output power, the low power (up to 100 Watts) segment holds the 38.97% of market share in 2023 with CAGR of 11.55% throughout the forecast period. The low-power segment encompasses lasers with output power up to 100 Watts. These lasers are typically used for applications that require precision, such as engraving, marking, and cutting thin materials. In industries like jewelry, electronics, and small-scale manufacturing, low-power fiber lasers find applications for intricate designs and detailed workpieces. For example, in the electronics industry, low-power fiber lasers are used for marking serial numbers and barcodes on circuit boards and electronic components. 

• Medium Power (100W-2000W)

Based on output power, Medium Power (100W-2000W) segment accounted for the 33.54% of market share in 2023 with CAGR of 11.31% throughout the forecast period. The medium-power segment of the global fiber laser market includes lasers with output power ranging from 100 Watts to 2000 Watts. These lasers are commonly used for applications that require a balance between precision and speed, such as cutting and welding of medium-thickness materials. In industries like automotive, aerospace, and manufacturing, medium-power fiber lasers find applications for cutting metal sheets, tubes, and pipes with moderate thicknesses. For example, in the automotive industry, medium-power fiber lasers are used for welding car body components and exhaust systems with high efficiency and quality. Additionally, in the aerospace sector, medium-power fiber lasers enable the cutting of aluminum and titanium alloys for aircraft structures and components. With their versatility and capability to handle a wide range of 
materials and thicknesses, medium-power fiber lasers are essential tools for achieving efficient and cost-effective manufacturing processes.

• High Power (More than 2000 W)

Based on output power, High Power (More than 2000 W) segment accounted for the 27.49% of market share in 2023 with CAGR of 9.43% throughout the forecast period. The high-power segment of the global fiber laser market comprises lasers with output power exceeding 2000 Watts. These lasers are utilized for applications that require high-speed cutting, welding, and surface treatment of thick materials. In heavy industries such as shipbuilding, construction, and metal fabrication, high-power fiber lasers find applications for cutting thick plates, beams, and profiles with exceptional speed and precision. For instance, in shipbuilding, high-power fiber lasers are used for cutting steel plates and welding ship components with high throughput and quality. Moreover, in the construction industry, high-power fiber lasers enable the fabrication of structural steel components with precise cuts and welds. With their ability to deliver high energy densities and rapid material processing capabilities, high-power fiber lasers are indispensable for achieving productivity and efficiency in heavy-duty manufacturing applications.

• Low Power (Up to 100 Watts)
• Medium Power (100W-2000W)
• High Power (More than 2000 W)

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

LinkedIn

Profile

I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

Author's Conclusion