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 dopes with rare-earth elements such as erbium, ytterbium, neodymium, thulium, praseodymium, holmium or dysprosium. Fiber lasers offer advantages such as ease of used, high reliability, maintenance-free operation, which are expected to be fibers driving the market growth,
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.
Major Players in the Fiber Laser Industry:
1) ROFIN SINAR Technologies
ROFIN SINAR is a leading producer of industrial lasers. The company develops, manufactures and sells laser sources and laser-based solutions for industrial material processing. The company was founded in the year 1975, and the headquarters are located in Hamburg, Germany. The Company, through its global network, provides a range of laser solutions to the machine tool, automotive, and semiconductor and electronics industries.
2) Coherent Inc.
Coherent Inc. is an American company that develops, manufactures and supports laser equipment and related specialty components. Coherent was founded in May 1966 by physicist James Hobart and five cofounders. Coherent provides laser-related equipment, components, and services used for a range of industries and applications. The company manufactures things like mirrors, lasers, laser measurement equipment, lenses, industrial lasers and others. The headquarters are located in Santa Clara California, U.S.
As of February 20203, the company has introduces 100g PAM4 VCSEL and photodiode arrays for 800g transceivers and active optical cables.
3) The TRUMPF Group
The TRUMPF Group is a German industrial machine manufacturing company. It is a family-owned company. TRUMPF Group is represented in all important markets worldwide. Its production facilities are based in China, Germany, France, the UK, Italy, Japan, Mexico, Austria, Poland, Switzerland, the Czech Republic and the US. The product range in laser technology comprises laser systems for the cutting, welding and surface treatment of three-dimensional components. The company was founded In the year 1923, and the headquarters are located in Ditzingen, Germany.
As of June 2022, the company acquired 49% of the shares in TRUMPF Metmation Pvt. An Indian software developer company.
4) Fujikura Ltd.
Fujikura Ltd. is a global, electrical equipment manufacturing company, developing and manufacturing power and telecommunication systems products, including devices for optical fibers, such as cutters and splicers. The company was founded in the year 1910, and the headquarters are located in Koto-Ku, Tokyo, Japan. The company was founded by Zenpachi Fujikura. The company manufactures Optical fibers and fiber cables, network equipment, optical parts, power cables and others.
As of June 2022, the company is working with Avnet Inc. a leading global technology solutions provider, to develop a leading-edge 5G FR2 phased array antenna.
5) Newport Corporation
Newport Corporation is a brand within the MKS Instruments Photonics Solutions division. Newport Corporation supplies advanced technology products and solutions for fields such as research, life and health science, aerospace and defense, industrial manufacturing, semiconductors, and microelectronics. The Company's products include lasers and light sources, opt mechanical components and mounts, optical filters and gratings, spectroscopic, and photonic instruments. The company was founded in the year 1969, and the headquarters are located in Irvine, California, United States.
