How large is the fiber lasers market, and what is its growth trajectory?
The fiber lasers market size has grown rapidly in recent years. It will grow from $4.15 billion in 2024 to $4.63 billion in 2025 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to industrial applications, telecommunications, military and defense, medical and healthcare.
The fiber lasers market size is expected to see rapid growth in the next few years. It will grow to $7.74 billion in 2029 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to advanced manufacturing, fiber optic communication, energy-efficiency, aerospace and defense. Major trends in the forecast period include high power fiber lasers, fiber laser cutting and welding, medical and healthcare applications, fiber laser cutting in 3d printing.
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What are the key forces behind the fiber lasers market’s growth in recent years?
The rise in disposable income drives the growth of the automobile and mobile electronics industries which results in the growth of the fiber laser market. According to CEIC Data, there has been a 10% rise in disposable income in India which led to the growth of the automobile and mobile electronics industries. Thus, automobile and mobile electronics markets are growing at a rapid pace and the use of fiber lasers becomes indispensable to sustain the growth. Fiber laser is used for labeling, cutting, and welding automobile parts. The use of fiber lasers makes it easier and more convenient for cutting small and complex automobile parts. Mobile electronic devices are getting compact day by day and thus electronic industry also requires fiber lasers to cut lean and fragile electronic parts. For instance, companies such as Laserline, Trumpf, and Coherent are developing fiber lasers specially focused on the automobile industry.
What are the major segments of the fiber lasers market?
The fiber lasers market covered in this report is segmented –
1) By Type: Infrared Fiber Laser, Ultraviolet Fiber Laser, Ultrafast Fiber Laser
2) By Application: Marking, Micro Processing, High Power, Fine Processing
3) By End Use: Material Processing, Healthcare: Other End Users
Subsegments:
1) By Infrared Fiber Laser: Continuous Wave (CW) Infrared Fiber Laser, Pulsed Infrared Fiber Laser
2) By Ultraviolet Fiber Laser: UV Laser with High Pulse Energy, Low-Power UV Fiber Laser, High-Power UV Fiber Laser
3) By Ultrafast Fiber Laser: Femtosecond Fiber Laser, Picosecond Fiber Laser, Milder Duration (Nanosecond) Ultrafast Fiber Laser
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Which companies dominate the fiber lasers market?
Major companies operating in the fiber lasers market include Amonics Ltd., Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, Jenoptik Laser GmbH, CY Laser SRL, NKT Photonics A/S, Quantel Group, TRUMPF SE + Co KG, Toptica Photonics AG, Lasertechnologie GmbH, Sigma Mechatronics Pvt Ltd., SPI Lasers Limited, Wuhan Raycus Fiber Laser Technologies Co Ltd., MaxPhotonics Co Ltd., Lumentum Operations LLC, nLIGHT Inc., Keopsys SA, Fujikura Ltd., Furukawa Electric Co Ltd., Newport Corporation, EO Technics Co Ltd., O.R. Lasertechnologie GmbH, Avonisys AG, Bystronic Inc., Amada Weld Tech Co Ltd., Epilog Laser, Raymond Laser, Accurl, Thorlabs Inc.
What major trends will shape the fiber lasers market during the forecast period?
New technologies such as high-power fiber lasers and diode lasers have been introduced in the fiber laser market. With 800 nm wavelength, a diode laser has the deepest penetration levels. Another new technology, the blue laser has also been introduced in the market specially targeted for welding purposes. The blue laser has higher power and brightness compared to an ordinary laser. Also, a blue laser does not generate excess heat. These new technologies in fiber laser bring more precision while welding and cutting materials. Bystronic, a Switzerland-based laser company is providing all-new high-power fiber lasers and diode lasers for welding, cutting, and material processing purposes. Also, NUBURU, a US-based company invented and manufactures high-power blue laser technology.
What are the key regional dynamics of the fiber lasers market, and which region leads in market share?
Asia Pacific was the largest region in the fiber lasers market in 2023. The regions covered in the fiber lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Fiber lasers Market Report 2025 Offer?
The fiber lasers market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A fiber laser is a type of device that integrates beam delivery and laser cavity into a single system inside an optical fiber wherein the beam is generated within the fiber, unlike conventional lasers. Fiber lasers are part of laser marking systems as they achieve high dimensional accuracy in manufactured electronic products. Fiber lasers are used for welding, cutting, and other material processing.
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