According to Cognitive Market Research, the global Single-mode Fiber Laser market size will be USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 15.20% from 2023 to 2030.
The demand for Single-mode Fiber Lasers is rising due to the increasing industrial applications and growing demand for fibre lasers in communication.
Demand for Medium Power Fiber Laser remains higher in the Single-mode Fiber Laser market.
The Metal Processing category held the highest Single-mode Fiber Laser market revenue share in 2023.
North American Single-mode Fiber Laser will continue to lead, whereas the Asia-Pacific Single-mode Fiber Laser market will experience the most substantial growth until 2030.