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Fiber Laser Market: Global Industry Current Scenario, Development History, Business Current Analysis and Estimated Forecast to 2028
iCrowd Newswire
01 Jul 2021, 10:56 GMT+10
The fiber laser market was valued at US$ 2286.16 million in 2021 and is projected to reach US$ 4,765.43 million by 2028; it is expected to grow at a CAGR of 11.1% from 2021 to 2028.
Nowadays, fiber laser technology is attracting more attention due to several users of this technology in the field of micromachining, biology, and medical sciences or telecommunications and it s potential as a substitute for solid-state lasers in industrial and technological applications. The fiber laser is widely used over other lasers such as CO2 laser technology in industries because of high output power, high optical quality, compact size, and reliability. Fiber lasers are used for many applications such as laser marking, laser cutting, laser welding, laser engraving, laser ablation, and laser drilling. For example, in Novembe
/High Power Infrared Fiber Lasers Market Insights by Industry Demand, New Opportunities, Type, Product Analysis, and Application Forecast 2021-2028
High Power Infrared Fiber Lasers Market Insights by Industry Demand, New Opportunities, Type, Product Analysis, and Application Forecast 2021-2028
High Power Infrared Fiber Lasers Market to 2028 - COVID-19 Impact and Global Analysis
tipJune 3, 2021
High power infrared fiber lasers are types of devices, which are optically pumped, most commonly with laser diodes but in a few cases with other fiber lasers. The optics used in these systems, are usually fiber components, with most, or all the components fiber-coupled to one another. In some systems, bulk optics are used, and sometimes an internal fiber-coupling system is combined with external bulk optics.
Operator
Good afternoon, everyone, and welcome to the nLIGHT First Quarter 2021 Earnings Conference Call. [Operator Instructions] Please also note, today s event is being recorded.
At this time, I d like to turn the conference call over to Joseph Corso, Vice President, Corporate Development and Investor Relations. Sir, please go ahead.
Joseph Corso
Vice President, Corporate Development and Investor Relations
Thank you, and good afternoon, everyone. With us today are Scott Keeney, nLIGHT s Chairman and CEO; and Ran Bareket, Chief Financial Officer.
Today s discussion will contain forward-looking statements, including financial projections and plans for our business. Forward-looking statements are subject to risks and uncertainties, many of which are beyond our control, including the risks and uncertainties described from time to time in our SEC filings. Our results may differ materially from those projected on today s call, and we undertake no obligation to update publicly an