Compared with other lasers, fiber laser pointer has the advantages of simple structure, high conversion efficiency, good beam quality, low maintenance cost and good heat dissipation performance. Fiber laser has become the mainstream light source in traditional industrial manufacturing such as metal cutting, welding and marking. And widely used in medical beauty, aerospace and military applications. Since 2013, the global fiber laser market has grown year by year; from 841 million US dollars in 2013 to 2.039 billion US dollars in 2017, the compound annual growth rate has reached 24.78%, and the growth is rapid.
At the same time, the global market share of fiber lasers in industrial lasers has increased year by year, from 33.8% in 2013 to 47.3% in 2017, becoming the largest industrial laser in the market.
The Asia-Pacific region is the world's leading fiber laser market. As the Asia-Pacific region gathers the world's major automotive, traditional manufacturing and semiconductor industries, the demand for fiber lasers is very strong. In 2017, the Asia-Pacific fiber laser market accounted for 42.9 percent of the world. % market share. Europe is the world's second largest fiber laser market. In 2017, the fiber laser market in Europe accounted for 33.2% of the global market. In addition, North America accounts for 22.6% of the market.
In view of the rapid development of the industrial sector in the Asia-Pacific region and the advantages of low cost and high output power of fiber lasers, the space for fiber lasers used in material processing is huge. The Asia Pacific region is expected to become an important driver of growth in the global fiber laser pointer market.
The use of fiber lasers can be divided into three categories: marking, micromaterial processing, and macro material processing. Among them, micromaterial processing includes all laser applications with output power less than 1000W except for marking; macro material processing includes all laser applications with output power greater than or equal to 1000W, mainly metal cutting and welding. In recent years, the global fiber laser market has grown in size and the market for each segment has continued to grow. Among them, the fiber laser market for macro material processing has grown rapidly, from $512 million in 2013 to $1.268 billion in 2017.
From the perspective of the application structure of global fiber lasers, macro material processing is the main application market for fiber lasers. In 2017, the global market share of fiber laser for macro material processing reached 62.2%; the global fiber laser pointer has a market share of 21.8% for micromaterial processing; the global market share of fiber laser for marking is relatively high. Less, it is 16.0%.