Boston, MA -- (SBWIRE) -- 12/23/2015 -- Fiber lasers contain active gain medium, an optical fiber integrated with rare-earth elements such as erbium and ytterbium. Unlike conventional gas lasers, a fiber laser uses part of the fiber as the resonating cavity where the laser action takes place to generate laser beams. Fiber lasers are preferred over other lasers such as CO2 lasers as they are more reliable, efficient, robust, and portable, and easy to operate than other lasers. They are used for cutting and welding purposes in industries such as manufacturing, automotive, electronics, medical, and telecommunication due to their superior performance, compact size, high output power, low cost of ownership, durability, and eco-friendly nature.

Technavio's analysts forecast the fiber laser market in Europe to grow at a CAGR of 21.1% over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Fiber Laser Market in Europe - Industry Analysis 2015-2019

Covered in this report

This report covers the present scenario and the growth prospects of the fiber laser market in Europe for the period 2015-2019. To calculate the market size, the report covers the shipments of fiber lasers in Europe. The report does not consider the following to estimate the market size: components or devices used in the production of fiber lasers, and aftermarket sales of fiber lasers. The market size is calculated based on the domestic consumption and the import value.

Technavio's report, Fiber Laser Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market in Europe and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors:
-Coherent
-IPG Photonics
-Rofin-Sinar Technologies
-Trumpf

Other prominent vendors:
-3S Photonics
-Amonics
-Apollo Instruments
-Clark MXR
-EKSPLA
-ELUXI
-Fanuc
-Fianium
-FiberLAST
-GBOS Laser Technology
-GSI Group
-Hypertherm
-IMRA America
-JDS Uniphase
-JENOPTIK Laser
-Mitsubishi Cable Industries
-Miyachi Unitek
-Newport
-NKT Photonics
-Nufern
-Nuphoton Technologies
-Photonic Solutions
-Prima Electro North America
-TOPTICA Photonics
-Wuhan Raycus Fiber Laser Technologies

Market driver:
-Increasing adoption due to superior attributes
-For a full, detailed list, view our report

Market challenge:
-Uncertainty regarding lifespan of fiber lasers
-For a full, detailed list, view our report

Market trend:
-Emergence of eco-friendly technologies
-For a full, detailed list, view our report

Key questions answered in this report:
-What will the market size be in 2019 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?

Companies Mentioned in this Report: Coherent Inc, IPG Photonics Corp, Rofin-Sinar Technologies Inc, Trumpf Inc, 3S Photonics, Amonics, Apollo Instruments, Clark MXR, EKSPLA, ELUXI, Fanuc, Fianium, FiberLAST, GBOS Laser Technology, GSI Group, Hypertherm, IMRA America, JDS Uniphase, JENOPTIK Laser, Mitsubishi Cable Industries, Miyachi Unitek, Newport, NKT Photonics, Nufern, Nuphoton Technologies, Photonic Solutions, Prima Electro North America, TOPTICA Photonics, Wuhan Raycus Fiber Laser Technologies.

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