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Asia Pacific Fiber Laser Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Application

  • ID: 5416255
  • Report
  • August 2021
  • Region: Asia Pacific
  • 118 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • Active Fiber Systems GmbH
  • Coherent, Inc.
  • Convergent Photonics
  • Fujikura Ltd.
  • IPG Photonics Corporation
  • Jenoptik AG
  • MORE
Ultrafast Fiber Laser Segment is Expected to be Fastest Growing During Forecast Period for APAC Region



According to a new market research study on “APAC Fiber Laser Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 1,902.83 million by 2028 from US$ 866.34 million in 2021. The market is estimated to grow at a CAGR of 11.9% from 2021 to 2028. The report provides trends prevailing in the APAC fiber laser market along with the drivers and restraints pertaining to the market growth. Growing demand for fiber lasers in cutting applications and increasing demand in various industries and emergence of industrial automation are the major factor driving the growth of the APAC fiber laser market. However, deficiency in cutting speed when processing thicker materials hinders the growth of APAC fiber laser market.

In case of COVID-19, APAC is highly affected specially India. The COVID-19 outbreak has resulted in a massive financial loss in APAC region. The governments in APAC countries are taking several possible steps to reduce its effects. Imposing lockdowns has been one of the common measures in many countries worldwide, as well as in APAC, which led to some serious disruptions in the manufacturing sector. China dominates the global manufacturing sector with significantly unparalleled, large numbers of manufacturing units, and it is considered to have the largest production sector globally. Moreover, Wuhan, one of the country's largest industrial provinces, accounts for more than 200 Fortune 500 companies. The COVID-19 emergence and imposition of lockdown across the country substantially disrupted its manufacturing sector in 2020, thereby affecting the performance of logistics and supply chain sector. After China, India, Taiwan, and South Korea are also considered to have a substantial number of manufacturing facilities, and a large and noteworthy logistics sector. Since the emergence of the COVID-19 virus, these countries have undergone several lockdown phases, which has adversely affected the manufacturing and logistics sectors. With the declining business of automotive, electronics & semiconductor components, and other consumer electronic manufacturing, the trade in Asian economy declined noticeably. Even after the gradual resumption of businesses from the last quarter of 2020, the second wave of COVID-19 pandemic in India has again slowed down the growth of manufacturing industries in the region. This, in turn, has negatively impacted the fiber laser market.

The APAC fiber laser market has been analyzed on the basis of type, application, and country. Based on type, the market is segmented into infrared fiber laser, ultraviolet fiber laser, ultrafast fiber laser, and visible fiber laser. The infrared fiber laser segment dominated the APAC fiber laser market in 2020 and ultrafast fiber laser segment is expected to be fastest growing during forecast period. In terms of application, the market is segmented into high power cutting and welding, fine processing, marking, and micro processing. The high power cutting and welding segment dominated the APAC fiber laser market in 2020 and same segment is expected to be fastest growing during forecast period. Based on country, market is segmented into China, India, Japan, South Korea, Australia, and rest of APAC.

Active Fiber Systems GmbH; Coherent, Inc.; Convergent Photonics; Fujikura Ltd.; IPG Photonics Corporation; Jenoptik AG; Maxphotonics Co,.Ltd; nLIGHT, Inc.; TRUMPF GmbH + Co. KG; and Wuhan Raycus Fiber Laser Technologies Co. Ltd. are among the leading companies in the APAC fiber laser market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, TRUMPF had completed the merger of its wholly-owned fiber laser manufacturing subsidiary SPI Lasers into the TRUMPF group and under the TRUMPF brand. With this merger, TRUMPF has integrated all-fiber laser technologies into its product portfolio

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC fiber laser market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC fiber laser market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the fiber laser market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Active Fiber Systems GmbH
  • Coherent, Inc.
  • Convergent Photonics
  • Fujikura Ltd.
  • IPG Photonics Corporation
  • Jenoptik AG
  • MORE
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. APAC Fiber Laser Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. APAC Fiber Laser Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Automotive Production
5.1.2 Escalating 3D Printing Technology
5.2 Market Restraints
5.2.1 Deficiency in Cutting Speed when Processing Thicker Materials
5.3 Market Opportunities
5.3.1 Growing Demand for Fiber Lasers in Cutting Applications
5.4 Future Trends
5.4.1 Increasing Demand in Various Industries and Emergence of Industrial Automation
5.5 Impact Analysis of Drivers and Restraints

6. Fiber Laser Market -APAC Analysis
6.1 APAC Fiber Laser Market Overview
6.2 APAC Fiber Laser Market Revenue Forecast and Analysis

7. APAC Fiber Laser Market Revenue and Forecast to 2028 - By Type
7.1 Overview
7.2 APAC Fiber Laser Market, by Type (2020 And 2028)
7.3 Ultrafast Fiber Laser
7.3.1 Overview
7.3.2 Ultrafast Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
7.4 Ultraviolet Fiber Laser
7.4.1 Overview
7.4.2 Ultraviolet Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
7.5 Infrared Fiber Laser
7.5.1 Overview
7.5.2 Infrared Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
7.6 Visible Fiber Laser
7.6.1 Overview
7.6.2 Visible Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)

8. APAC Fiber Laser Market Analysis and Forecast to 2028 - By Application
8.1 Overview
8.2 APAC Fiber Laser Market, by Application (2020 And 2028)
8.3 High power cutting and welding
8.3.1 Overview
8.3.2 High Power Cutting and Welding: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
8.4 Fine Processing
8.4.1 Overview
8.4.2 Fine Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
8.5 Marking
8.5.1 Overview
8.5.2 Marking: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
8.6 Micro Processing
8.6.1 Overview
8.6.2 Micro Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)

9. APAC Fiber Laser Market - Country Analysis
9.1 Overview
9.1.1 APAC: Fiber Laser Market, by Key Country
9.1.1.1 China: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 China: Fiber Laser Market, by Type
9.1.1.1.2 China: Fiber Laser Market, by Application
9.1.1.2 Japan: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Japan: Fiber Laser Market, by Type
9.1.1.2.2 Japan: Fiber Laser Market, by Application
9.1.1.3 India: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Fiber Laser Market, by Type
9.1.1.3.2 India: Fiber Laser Market, by Application
9.1.1.4 South Korea: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 South Korea: Fiber Laser Market, by Type
9.1.1.4.2 South Korea: Fiber Laser Market, by Application
9.1.1.5 Australia: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Australia: Fiber Laser Market, by Type
9.1.1.5.2 Australia: Fiber Laser Market, by Application
9.1.1.6 Rest of APAC: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of APAC: Fiber Laser Market, by Type
9.1.1.6.2 Rest of APAC: Fiber Laser Market, by Application

10. APAC Fiber Laser Market - COVID-19 Impact Analysis
10.1 APAC

11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition

12. Company Profiles
12.1 Active Fiber Systems GmbH
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 IPG Photonics Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Fujikura Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Convergent Photonics
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Coherent, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Jenoptik AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Maxphotonics Co,.Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 nLIGHT, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 TRUMPF GmbH + Co. KG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Wuhan Raycus Fiber Laser Technologies Co., Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix
13.1 About
13.2 Word Index

List of Tables
Table 1. APAC Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: Fiber Laser Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 7. India: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. South Korea: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. Australia: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Australia: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of APAC: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of APAC: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation

List of Figures
Figure 1. APAC Fiber Laser Market Segmentation
Figure 2. APAC Fiber Laser Market Segmentation - By Country
Figure 3. APAC Fiber Laser Market Overview
Figure 4. APAC Fiber Laser Market, by Type
Figure 5. APAC Fiber Laser Market, by Application
Figure 6. APAC Fiber Laser Market, by Country
Figure 7. APAC - PEST Analysis
Figure 8. APAC Fiber Laser Market - Ecosystem Analysis
Figure 9. APAC Fiber Laser Market Impact Analysis of Drivers and Restraints
Figure 10. APAC Fiber Laser Market Revenue Forecast and Analysis (US$ Million)
Figure 11. APAC Fiber Laser Market, by Type (2020 and 2028)
Figure 12. APAC Ultrafast Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Ultraviolet Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Infrared Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Visible Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Fiber Laser Market, by Application (2020 and 2028)
Figure 17. APAC High Power Cutting and Welding: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Fine Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Marking: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. APAC Micro Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC: Fiber Laser Market, by Key Country - Revenue (2020) (USD Million)
Figure 22. APAC: Fiber Laser Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. China: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Japan: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. India: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. South Korea: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Australia: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of APAC: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in APAC Country Markets
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Active Fiber Systems GmbH
  • Coherent, Inc.
  • Convergent Photonics
  • Fujikura Ltd.
  • IPG Photonics Corporation
  • Jenoptik AG
  • Maxphotonics Co,.Ltd
  • nLIGHT, Inc.
  • TRUMPF GmbH + Co. KG
  • Wuhan Raycus Fiber Laser Technologies Co., Ltd.
Note: Product cover images may vary from those shown
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