PUBLISHER: The Business Research Company | PRODUCT CODE: 1712448
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712448
A fiber laser is a device that combines the beam delivery and laser cavity into a single system within an optical fiber, where the beam is generated inside the fiber, unlike traditional lasers. Fiber lasers are an integral part of laser marking systems, offering high dimensional accuracy in the production of electronic products. They are also used for welding, cutting, and various material processing applications.
The primary types of fiber lasers include infrared fiber lasers, ultraviolet fiber lasers, and ultrafast fiber lasers. Infrared fiber lasers are those that emit radiation with wavelengths equal to or greater than 2 μm. These lasers are used in a wide range of applications, including marking, micro-processing, high-power operations, and fine processing across industries such as material processing and healthcare. Their versatility and precision make them valuable tools in various end-user fields.
The fiber laser market research report is one of a series of new reports from The Business Research Company that provides fiber laser market statistics, including fiber laser industry global market size, regional shares, competitors with a fiber laser market share, detailed fiber laser market segments, market trends and opportunities, and any further data you may need to thrive in the fiber laser industry. This fiber laser market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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.
The growth of the fiber laser market is closely tied to the rise in disposable income, which drives the expansion of the automobile and mobile electronics industries. In India, for instance, there has been a notable 10% increase in disposable income, leading to significant growth in the automobile and mobile electronics sectors. Fiber lasers play a crucial role in these industries, facilitating tasks like labeling, cutting, and welding automobile parts. They offer convenience and precision in cutting small and intricate automobile components. As mobile electronic devices continue to shrink in size, the electronic industry also relies on fiber lasers for cutting delicate and compact electronic parts. Leading companies such as Laserline, Trumpf, and Coherent are actively developing fiber lasers tailored to the specific needs of the automobile industry.
The expanding aerospace industry is expected to drive the growth of the fiber lasers market in the coming years. The aerospace industry encompasses the design, development, production, and maintenance of aircraft, spacecraft, and related systems and equipment. Fiber lasers are utilized for tasks such as drilling holes in components like turbine blades, engine parts, and landing gear. They are preferred over traditional lasers in the aerospace sector due to their high power output, beam quality, and reliability. Additionally, fiber lasers provide superior precision and speed, which are crucial in aerospace applications. For example, in January 2023, Airbus SE, a Netherlands-based aerospace company, reported delivering 661 commercial aircraft to 84 customers in 2022, an 8% increase from the 611 units sold in 2021. As a result, the growth of the aerospace industry is driving the expansion of the fiber lasers market.
New technologies, such as high-power fiber lasers and diode lasers, are introducing innovation to the fiber laser market. Diode lasers, with their 800 nm wavelength, offer deep penetration levels. Blue lasers have also emerged, catering specifically to welding applications, with higher power and brightness compared to standard lasers, while generating minimal excess heat. Bystronic, a Switzerland-based laser company, is at the forefront of providing high-power fiber lasers and diode lasers for welding, cutting, and material processing. NUBURU, a US-based company, has pioneered high-power blue laser technology.
Major companies operating in the fiber laser market are dedicated to introducing innovative fiber laser technology to maintain a competitive edge. This innovation involves developing and implementing advanced techniques in fiber laser design and production. For example, Rhein Laser Technologies Ltd., a Hong Kong-based manufacturer of innovative medical lasers, recently launched the UroFiber 150Q, which represents the world's first 150W SuperPulsed Thulium Fiber Laser (TFL) system. This technology offers advanced solutions for treating both stone lithotripsy and BPH (benign prostatic hyperplasia) enucleation. In another strategic move, The TRUMPF Group, a Germany-based industrial machine manufacturing company, acquired Active Fiber Systems GmbH (AFS) to enhance its product portfolio in scientific, industrial, and medical lasers and strengthen its presence in the German market. Active Fiber Systems GmbH (AFS) specializes in fiber lasers.
In February 2022, The TRUMPF Group, a Germany-based industrial machinery manufacturer, acquired Active Fiber Systems GmbH (AFS) for an undisclosed sum. This acquisition allows The TRUMPF Group to enhance its product portfolio in scientific, industrial, and medical lasers, while also gaining a competitive edge in the German market. Active Fiber Systems GmbH (AFS) is a German company specializing in fiber lasers.
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.
Asia Pacific was the largest region in the fiber lasers market in 2024. The regions covered in the fiber lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the fiber lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The fiber laser market consists of sales of pulsed lasers, continuous-wave lasers, and other fiber lasers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Fiber lasers Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on fiber lasers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for fiber lasers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fiber lasers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.