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Fiber Laser Market, By Product Type (Infrared Fiber Laser, Ultraviolet Fiber Laser, Ultrafast Fiber Laser, and Visible Fiber Laser), By Application (Material processing, Medical, and Others), and By Region - Global Industry Insights, Trends, Outlook, Opportunity Analysis, 2018-2026<br>
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Fiber Laser Market Competitive Intelligence and Tracking Report Till 2026 Fiber Laser Market research provides industry analysis by type, manufacturer, application along with key factors influencing the growth of the market which include growth drivers, restraints, opportunities and challenges, strategically profile key players and comprehensively analyze their market share and core competencies. Fiber laser is a type of laser, in which the beam transfer and the laser cavity is incorporated into a solitary system inside an optical fiber. It is doped with rare-earth elements such as erbium, ytterbium, neodymium, thulium, praseodymium, holmium or dysprosium. Gas lasers typically use helium-neon or carbon dioxide, whereas, crystal lasers (neodymium-doped yttrium aluminium garnet) are used for solid state laser in various laser operations. Fiber lasers offer advantages such as ease of use, high reliability, maintenance-free operation, high integration capability, and high stability, which are expected to be factors driving the market growth. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1421 Increasing use of laser in the medical sector is leading to rising demand for fiber lasers Demand for fiber lasers is expected to increase significantly for application in medical surgeries including, cosmetics, hair treatment, skin diseases, laser tattoo removal, aesthetic plastic surgery, and dentistry, among others. This is due to reliable, flexible, and compact advantages offered by fiber lasers. According to the American Society for Aesthetic Plastic Surgery, in 2016, the surgical procedures such as Liposuction, and Eyelid Surgery accounted for 56% of the total
expenditures and non-surgical procedures accounted for 44%. Furthermore, the study also suggests that 650,000 procedures of photo-rejuvenation, a non-surgical procedure, was performed, which is around 36% higher as compared to that in 2015. Also, laser tattoo removal treatments increased up to 13% in 2016 than the previous year. Material processing held the largest share in the fiber laser market in 2016. This is due to increasing adoption of high beam quality with high energy efficiency for material processing applications such as welding, cutting, and etching and this is expected to aid in growth of this market. Extensive use of fiber lasers in industrial laser applications is expected to support fiber laser market growth. Fiber lasers are increasingly being adopted for application in barcodes and traceable labels, diamond industry, scientific research, semi-conductor industries, and 3D printing. Fiber lasers are used for marking or laser engraving process in barcodes and traceable labels application. Furthermore, semiconductor industries widely use fiber laser, to reduce the damage to the object. Browse Complete Report @ https://www.coherentmarketinsights.com/ongoing-insight/fiber-laser-market-1421 Global Fiber Laser Market Taxonomy: The fiber laser market is segmented on the basis of product type into: Ultraviolet Fiber Laser Infrared Fiber Laser Ultrafast Fiber Laser Visible Fiber Laser The fiber laser market segmented on the basis of application into: Material processing Medical Others The fiber laser market is segmented on the basis of region into: North America Europe
Asia Pacific Latin America Middle East Africa Global Fiber Laser Market Regional Insight: North America is expected hold the largest share in the global fiber laser market over the forecast period. This is due to high adoption of fiber lasers for application in laser operations such as cosmetic surgeries in the region. For instance, according to The International Society of Aesthetic Plastic Surgery (ISAPS), in 2016, total number of cosmetic surgery procedures performed in the U.S. was pegged at 4,217,862, which is 17.9% of all the cosmetic surgery procedures performed, globally. This is expected to be major factor for growth of the region. Asia Pacific was the fastest growing fiber laser market in 2016. The market growth is attributed to high presence of electronics manufacturers in this region such as marking electronic epoxy, disk drive flexure welding, battery welding, and sensor welding. According to ZVEI - German Electrical and Electronic Manufacturers’ Association, in 2015, electronics manufacturing sector in Asia accounted for around US$ 3.61 billion with 73% the market share in the global market Get Discount on this Report @ https://www.coherentmarketinsights.com/insight/request-discount/1421 Global Fiber Laser Market Competitive Background: Key players in the global fiber laser market are TRUMPF, ROFIN-SINAR Technologies Inc., Newport Corporation., IPG Photonics Corporation, Coherent Inc., Calmar Laser Inc., AdValue Photonics, Lumentum Operations LLC, Epilog Lasers Corporation, Fujikura Ltd., Maxphotonics Co. Ltd., and Raycus Fiber Laser Technologies Co. Ltd. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us:
Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com