Science & Technology

Fiber Laser Machine Market Report 2023 Forecast, Top Market Players Covering Potential for Growth – HiSpeed Laser Machine

April 4, 2023

Summary

Leading the way in this growth is HiSpeed Laser Machine, one of the top market players in the industry. With their proven track record of delivering high-quality machines, businesses can trust that they are getting the best when it comes to fiber laser technology.

Press Release

A fiber laser machine is a gadget that combines laser cavity and beam delivery into one system in an optical fiber laser wherein the beam’s generation occurs inside the thread, contrary to traditional lasers. Fiber laser machines are a part of laser marking technologies as they attain high dimensional accuracy in produced electronic devices. Manufacturers use fiber laser machines for cutting, welding, and processing substances.

What Factor Has Led the International Market for Fiber Laser Machines?

The fiber laser machine market report offers statistics encompassing the global market size of the HiSpeed laser machine industry, regional shares, fiber laser machine suppliers with a laser market share, and detailed fiber laser market segments.

The international fiber laser market would grow from $3.76 billion in 2023 to $6.01 billion in 2027, with a compound yearly annual growth rate of twelve and a half percent. The increase in people’s real income has led to the expansion of the mobile electronics and automobile sector, resulting in the fiber laser market expansion. Therefore, the portable electronics and automobile markets are expanding rapidly, and using fiber lasers machines suppliers is necessary to sustain this expansion.

Introduction of New HiSpeed Fiber Laser Technologies in the Market:

Non-linear optical impacts are controlling the global fiber laser machine market. The non-linear visual effect is a phenomenon witnessed because of the utilization of fiber laser, which can result in the damage and breakdown of the substance on which the fiber laser application has taken place. Also, this can result in the material overheating and can severely damage the sensor. New technologies like high-energy fiber laser machines and diode lasers have been launched in the Market for fiber lasers.

Acquisition in the Market for Fiber Laser Machine:

In February 2022, a German industrial equipment production company TRUMPF Group purchased Active Fiber systems Gmbh(AFS) by paying an unknown amount. Active Fiber systems Gmbh(AFS) is a German company known for specializing in fiber lasers.

Major players in the international Market for fiber laser machines are Toptica Photonics AG, TRUMPF, Quantel Group, NKT Photonics A/S, CY Laser SRL, Jenoptik Laser Gmbh, IPG Photonics Corporation, Coherent Inc, Apollo Instruments Inc, and Amonics Ltd.

Asia Pacific was the most significant region in the international Market for fiber laser machines last year. The fiber laser machine manufacturer covers Africa, the Middle East, South America, North America, Eastern Europe, Western Europe, and Asia-Pacific.