Fiber Laser Market

By Type;

Infrared, Ultrafast, Ultraviolet, and Visible

By Operation Mode;

Continuous wave and Pulsed

By Power;

Low Power and High Power

By Application;

Material Processing, Advanced Application, Healthcare, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn931350533 Published Date: June, 2025 Updated Date: August, 2025

Fiber Laser Market Overview

Fiber Laser Market (USD Million)

Fiber Laser Market was valued at USD 5,037.10 million in the year 2024. The size of this market is expected to increase to USD 10,860.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.


Fiber Laser Market

*Market size in USD million

CAGR 11.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.6 %
Market Size (2024)USD 5,037.10 Million
Market Size (2031)USD 10,860.01 Million
Market ConcentrationLow
Report Pages347
5,037.10
2024
10,860.01
2031

Major Players

  • Coherent Inc
  • FANUC Corp
  • Furukawa Electric Co. Ltd
  • IPG Photonics Corp
  • Keopsys Group
  • Lumentum Holdings Inc
  • Maxphotonics Co. Ltd
  • nLIGHT

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Fiber Laser Market

Fragmented - Highly competitive market without dominant players


The Fiber Laser Market is gaining momentum due to the surge in demand for high-precision and energy-efficient laser systems in industrial applications. With an efficiency rate surpassing 80%, fiber lasers are rapidly replacing traditional CO2 lasers in key operations. Their application in metal cutting, welding, and engraving has seen a boost of over 35% in the past few years, driven by automation and smart manufacturing trends.

Rise in Automation and Smart Factories
There is a significant shift toward automated manufacturing environments, and fiber lasers are playing a central role in this transformation. Adoption rates in robotic and automated systems have risen by over 40%, making them indispensable in next-gen production setups. Their integration with CNC machines and programmable systems has improved operational throughput by nearly 32%.

Growth in Additive and Micro Manufacturing
The market is also witnessing substantial growth due to the surge in additive manufacturing and micromachining applications. With fiber lasers facilitating faster and cleaner material processing, their demand in 3D printing and electronic microfabrication has increased by more than 38%. Their versatility across materials like polymers, ceramics, and metals adds to their adaptability.

Innovation and Strategic Advancements
Leading manufacturers are investing in innovative fiber laser systems that deliver customized beam profiles and higher power density. These innovations have led to a 30% increase in product launches and collaborations focused on beam shaping and ultra-fast pulsed laser technology. Such strategic movements are expected to drive technological leadership and long-term efficiency benefits.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Operation Mode
    3. Market Snapshot, By Power
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Fiber Laser Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Laser Technology
        2. Growing Demand for High-Precision Cutting and Welding
        3. Shift Towards Fiber Laser from Traditional Lasers
        4. Expansion of Automotive and Aerospace Industries
      2. Restraints
        1. Intense Market Competition
        2. Limited Power Output for Some Applications
        3. Complex Integration Requirements
        4. Regulatory Challenges and Compliance
      3. Opportunities
        1. Development of High-Power Fiber Lasers
        2. Integration with Industry 4.0 and IoT Technologies
        3. Market Penetration in Emerging Economies
        4. Research and Development in Laser Beam Quality
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Fiber Laser Market, By Type, 2021 - 2031 (USD Million)

      1. Infrared

      2. Ultrafast

      3. Ultraviolet

      4. Visible

    2. Fiber Laser Market, By Operation Mode, 2021 - 2031 (USD Million)
      1. Continuous wave
      2. Pulsed
    3. Fiber Laser Market, By Power, 2021 - 2031 (USD Million)
      1. Low Power
      2. High Power
    4. Fiber Laser Market, By Application, 2021 - 2031 (USD Million)
      1. Material Processing
      2. Advanced Application
      3. Healthcare
      4. Others
    5. Fiber Laser Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Coherent Inc
      2. FANUC Corp
      3. Furukawa Electric Co. Ltd
      4. IPG Photonics Corp
      5. Keopsys Group
      6. Lumentum Holdings Inc
      7. Maxphotonics Co. Ltd
      8. nLIGHT
  7. Analyst Views
  8. Future Outlook of the Market