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

  • ID: 5416298
  • Report
  • August 2021
  • Region: Europe
  • 116 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
High Power Cutting and Welding Segment to Dominate Europe Fiber Laser Market During 2021-2028



According to a new market research study on “Europe Fiber Laser Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Application” is expected to reach US$ 1,268.89 million by 2028 from US$ 629.14 million in 2021. The market is estimated to grow at a CAGR of 10.5% from 2021 to 2028. The report provides trends prevailing in the Europe fiber laser market along with the drivers and restraints pertaining to the market growth. Growing 3D printing technology and rising automotive production are the major factor driving the growth of the Europe fiber laser market. However, reduction in cutting speed when processing thicker materials hinders the growth of Europe fiber laser market.

In case of COVID-19, Europe is among the worst-hit regions by the pandemic specially Russia. The region represents one of the largest automotive market across the globe. However, the COVID-19 pandemic has slowed down the production of automobiles which has negatively impacted the growth of the fiber laser market in the region. During the pandemic, Germany, Italy, France, the UK, and Ireland have witnessed a huge revenue decline from their manufacturing industries. Also, the COVID-19 has adversely impacted the airline services, which has caused a sudden drop in the aircraft manufacturing due to non-operating of passenger airline services across the world. Moreover, Due to partial cargo transport operations, it has caused disruptions in the supply of raw materials, owing to the limitations in cross-border movements over the first quarter of 2020, thereby triggering supply delays and massive fallouts in production. Hence, the COVID-19 pandemic has had a negative impact on the region’s manufacturing sector, which has also adversely impacted to the fiber laser market in Europe.

The Europe 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 Europe 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 Europe fiber laser market in 2020 and same segment is expected to be fastest growing during forecast period. Based on country, the market is segmented into the UK, Germany, France, Italy, Russia, and rest of Europe.

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 Europe 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 2016, Fujikura Ltd. had launched a new air-cooled 500W single-mode CW fiber laser. This CW fiber laser has its application in micro-welding of electronic components & connecting parts, welding of sheet metal & non-metal, additive manufacturing, processing of highly reflective materials such as copper & aluminum, and surface processing

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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 Europe 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
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. Europe Fiber Laser Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions

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

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

7. Europe Fiber Laser Market Revenue and Forecast to 2028 - By Type
7.1 Overview
7.2 Europe 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. Europe Fiber Laser Market Analysis and Forecast to 2028 - By Application
8.1 Overview
8.2 Europe 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. Europe Fiber Laser Market - Country Analysis
9.1 Overview
9.1.1 Europe: Fiber Laser Market, by Key Country
9.1.1.1 France: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 France: Fiber Laser Market, by Type
9.1.1.1.2 France: Fiber Laser Market, by Application
9.1.1.2 Germany: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Germany: Fiber Laser Market, by Type
9.1.1.2.2 Germany: Fiber Laser Market, by Application
9.1.1.3 Italy: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Fiber Laser Market, by Type
9.1.1.3.2 Italy: Fiber Laser Market, by Application
9.1.1.4 UK: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Fiber Laser Market, by Type
9.1.1.4.2 UK: Fiber Laser Market, by Application
9.1.1.5 Russia: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Fiber Laser Market, by Type
9.1.1.5.2 Russia: Fiber Laser Market, by Application
9.1.1.6 Rest of Europe: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Fiber Laser Market, by Type
9.1.1.6.2 Rest of Europe: Fiber Laser Market, by Application

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

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. Europe Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Fiber Laser Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. France: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. UK: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Russia: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Fiber Laser Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Europe: Fiber Laser Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation

List of Figures
Figure 1. Europe Fiber Laser Market Segmentation
Figure 2. Europe Fiber Laser Market Segmentation - By Country
Figure 3. Europe Fiber Laser Market Overview
Figure 4. Europe Fiber Laser Market, by Type
Figure 5. Europe Fiber Laser Market, by Application
Figure 6. Europe Fiber Laser Market, by Country
Figure 7. Europe PEST Analysis
Figure 8. Europe Fiber Laser Market - Ecosystem Analysis
Figure 9. Europe Fiber Laser Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Fiber Laser Market Revenue Forecast and Analysis (US$ Million)
Figure 11. Europe Fiber Laser Market, by Type (2020 and 2028)
Figure 12. Europe Ultrafast Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Ultraviolet Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Infrared Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Visible Fiber Laser: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Fiber Laser Market, by Application (2020 and 2028)
Figure 17. Europe High Power Cutting and Welding: Fiber laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Fine Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Marking: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Micro Processing: Fiber Laser Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe: Fiber Laser Market, by Key Country - Revenue (2020) (USD Million)
Figure 22. Europe: Fiber Laser Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. France: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Germany: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Italy: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. UK: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Russia: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of Europe: Fiber Laser Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Impact of COVID-19 Pandemic in Europe 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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