Albany, NY -- (SBWIRE) -- 05/11/2016 -- About Fiber Lasers

Fiber lasers are used for materials processing applications such as cutting and welding, marking, and fine and micro processing of components in the automotive, manufacturing, consumer electronics, and heavy industry sectors. They are also being used extensively for medical applications and R&D purposes.

Technavios analysts forecast the Global Fiber Laser Market to grow at a CAGR of 15.81% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global fiber laser market for 2016-2020. To calculate the market size, the report considers the sale of fiber laser units for end-user applications. The report does not include revenue generated from aftermarket service of the products.

The market is divided into the following segments based on geography:

APAC
Europe
North America
ROW

Technavio's report, Global Thoracic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
IPG Photonics
Rofin-Sinar
Trumpf
Newport Spectra-Physics Corp.
Coherent

Other prominent vendors

Active Fiber Systems
Advalue Photonics
Calmar Lase
Furukawa Electric
Hypertherm
Lumentum Operations
Nufern

Market driver

Increased use of fiber lasers in materials processing
For a full, detailed list, view our report

Market challenge

Short supply of rare-earth elements
For a full, detailed list, view our report

Market trend

Development of ribbon-core fiber lasers
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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