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(IT-NEWSWIRE.COM, December 23, 2017 ) A fiber laser is a different form of solid-state laser that uses a medium of fiber covering instead of a shaft. The fiber in fiber lasers uses more surface area to disperse the heat quite easily. The increasing need for compact components in a variety of industries is bringing lasers into applications. Lasers help in the miniaturization process by providing a highly focused beam that can process very small components. Publisher's analysts forecast the global industrial fiber laser market to grow at a CAGR of 13.42% during the period 2016-2020.
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Covered in this report The report covers the present scenario and the growth prospects of the global industrial fiber laser market for 2016-2020. To calculate the market size, the report considers the sale of fiber laser units.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Industrial Fiber Laser Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Coherent - IPG Photonics - Rofin-Sinar Technologies - TRUMPF
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Market driver - Increasing replacement of conventional lasers with fiber lasers - For a full, detailed list, view our report
Market challenge - Shortage in supply of rare-earth elements - For a full, detailed list, view our report
Market trend - Growth in 3D printing market - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
For more information about this report: http://www.reportsweb.com/global-industrial-fiber-laser-market-2016-2020
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Rajat Sahni
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