Fiber Laser Market Trends Analysis & 21.9% CAGR Forecast to 2018 in 2014 Global Research Reports
DALLAS, October 7, 2014 /PRNewswire/ --
ReportsnReports.com offers Global Fiber Laser Market 2014-2018 and Global and Chinese Fiber Laser Industry, 2009-2019 Market Research Report in semiconductor and electronics section of its online business intelligence library. With Lockheed Martin's 30-kilowat latest electric fiber laser weapon, we're one step closer to creating the Death Star thanks to some major innovations in laser technology, most notably the advent of fiber lasers. Fiber lasers are lasers where the active gain medium is 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 beam is generated.
According to Global Fiber Laser Market 2014-2018 research report, aside from their obvious uses in defence and evil super villainy, fiber lasers they are actually largely used for cutting and welding purposes in the Manufacturing, Automotive and Electronics Industries due to their superior performance, compact size, high output power, low cost, durability, and eco-friendly nature.
Five major fiber laser market trends that are contributing to the growth of the industry over the coming years include:
1. Increasing R&D Spending by Vendors
Global fiber laser vendors such as IPG Photonics have already invested a considerable amount of time and money in their R&D divisions with a view to expanding their product portfolio. Vendors in this market are increasingly investing in their R&D division to provide better functionality and meet evolving customer requirements. R&D investment by vendors has enabled them to capture a significant market share and gain a competitive edge in the market.
2. Increase in Collaborations
One of the major trends that the market is witnessing is the increase in collaborations between fiber laser vendors. These collaborations are aimed at expanding business and improving respective market share, as well as producing better technology through strategic alliances.
3. Rapid Technological Advancements
The performance and application of fiber lasers are constantly increasing with technological advancements that provide substantial cost-, energy-, and space-saving opportunities to end-users when compared to alternative technologies. Better technology means fiber lasers are becoming stronger, more powerful, and more energy-efficient than ever before.
4. Emergence of Eco-friendly Technologies
Fiber lasers produce much lower CO2 emissions and deliver improved performance compared to other alternative technologies. Benefits such as reduced energy consumption, less waste, and reliance on non-hazardous materials are also adding to the popularity of fiber lasers in the market.
5. Increase in Production Capacity
As the global demand for fiber lasers has increased, manufacturers have responded by ramping up production capacity to meet demand. Vendors in the market continue to invest heavily to increase their production capacity. For instance, in 2012 alone IPG Photonics invested US$68.2 million in capital expenditure, most of which was for the expansion of its manufacturing capacity.
The fiber laser market companies discussed in this research include Coherent Inc., IPG Photonics Corp., Newport Corp., Rofin-Sinar Technologies Inc., Trumpf Inc., 3S Photonics S.A.S., Apollo Instruments Inc., Active Fiber Systems GmbH, Amonics Ltd., Advalue Photonics, Calmar Laser Inc., Clark MXR Inc., EKSPLA, ELUXI Ltd., EOLITE Systems, Furukawa Electric Co. Ltd., Fianium Ltd., FiberLAST Inc., GSI Group Inc., Hypertherm Inc., IMRA America Inc., JDS Uniphase Corp., JENOPTIK Laser GmbH, Keopsys SA, Maxphotonics Co. Ltd., Mitsubishi Cable Industries Ltd., Miyachi Unitek Corp., Mobius Photonics Inc., Nufern Inc., NKT Photonics A/S, Nuphoton Technologies Inc., Prima Electro North America LLC, PolarOnyx Inc., Quantel Group, Raycus Fiber Laser Technologies Co. Ltd., and TOPTICA Photonics AG. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=275452 .
Another research Global and Chinese Fiber Laser Industry 2009-2019 is a professional and in-depth market survey on Global and Chinese Fiber Laser industry. The report firstly reviews the basic information of Fiber Laser including its classification, application and manufacturing technology; The report then explores global and China's top manufacturers of Fiber Laser listing their product specification, capacity, production value, cost, gross margin and market share etc.; The report further analyzes quantitatively 2009-2014 global and Chinese total market of Fiber Laser by calculation of main economic parameters of each company; The breakdown data of Fiber Laser market are presented by company, by country, and by application; The report also estimates 2014-2019 market development of Fiber Laser Industry.
The report then analyzes the upstream raw materials, downstream market, and current market dynamics of Fiber Laser Industry. In the end, the report makes some proposals and feasibility analysis for a new project of Fiber Laser Industry. Overall, the report provides an in-depth insight of 2009-2014 global and Chinese Fiber Laser industry covering all important parameters.
Along with 10 company profiles, forecasts like 2014-2019 Production Market Forecast of Fiber Laser Industry, 2014-2019 Price Cost and Profit Forecast of Fiber Laser Industry, 2014-2019 Consumption Market Forecast of Fiber Laser and 2009-2014 Import and Export Forecast of Fiber Laser are also provided in this research available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=288536 .
Explore more reports on semiconductor and electronics market research at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/ .
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