CNC Fiber Laser Market Size, Share & Segmentation, By Product, By Type, By Application, By End User, By Region, And Global Forecast For 2023-2030
The SNS Insider report indicates that the CNC Fiber Laser Market was valued at USD 2.6 billion in 2022, and it is projected to achieve a market size of USD 4.53 billion by 2030, with a compound annual growth rate (CAGR) of 7.2% expected over the forecast period from 2023 to 2030. Rotary For Laser Engraver
CNC Fiber Laser Market for the production of parts with complex geometries, 3D printing is an efficient technology that can be used. 3D printing has in manufacturing, medicine, architecture and custom art the company has evolved significantly and is now a key player in these areas. and design applications. The use of 3D printers provides manufacturers with benefits such as a reduction in new production. line implementation time, optimization of the sensor assembly, and improvement of Pick-to-Light sensor stability, and easy designing.
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Key Players Covered in report are:
IPG Photonics Corporation, TRUMPF GmbH + Co. KG, Maxphotonics Co., Ltd., Coherent Inc., Newport Corporation, Wuhan Raycus Fiber Laser Technologies Co. Ltd, Lumentum Operations LLC, Fanuc Corporation, Furukawa Electric Co. Ltd., Keopsys S.A., Fujikura Ltd, NLIGHT Inc. and other players are listed in a final report.
A CNC laser cutter is a piece of computer numerical control equipment which marks, cuts or engraves material to make custom shapes by means of focused and high intensity lasers. It is extremely precise, particularly in the case of complex shapes and tiny holes, due to its one-of-a-kind design and operation. The CNC laser cutting process is a thermal, noncontact method. A beam of very high intensity light is focused on the workpiece through the nozzle of this head and lens assembly.
In 2022, the stationary segment accounted for the largest market share based on type. thanks to the excellent stability, precision and versatility. In addition, the CNC fiber lasers are stationary. It's designed for heavy industrial applications, offering a solid and flexible structure that minimizes vibrations and ensures consistent cutting or engraving quality Moreover the stationary nature of the machines improve accuracy by reducing the chances of movement related errors while operating.
CNC Fiber Laser Market Segmentation as Follows:
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The Asia Pacific region led the world CNC fiber laser market in 2021 and is expected to maintain its position, whereas the Asia Pacific regional market is projected to register. During the forecast period, this is the fastest growing CAGR. Moreover, it is expected that rising labor costs in the region will lead to this. In the introduction of CNC Fiber Laser over conventional machining methods, leading to a growth in the market in addition, it is expected that growth will be supported by increasing investments in the aerospace and defense sector.
CNC Fiber Laser Market in addition, owing to factors like the growing use of portable electronics, demand for batteries has been increasing significantly in recent years. The demand for High-power marking fiber lasers is driven by the growing popularity of electronic vehicles and integration of renewables into their energy supply. It has been used to indicate the essential information on batteries, such as capacity, voltage level, safety symbol and manufacturer's data.
IPG Photonics launched three deep Ultraviolet Deep UV lasers in January 2023 with its proprietary nonlinear crystals, which provide a more robust and flexible solutions over lasers using conventional frequency conversion materials for micromachining application. This is the launch of a Strategic product. expected to increase the sale of IPG photonics for fiber laser.
Yamazaki Mazak, the world's leading manufacturer of machines for machine tool building, launched a 3D fiber laser cutting machine called "FG-400 NEO" in May 2022 to cut steel products all over the world. The FG NEO-400 is equipped with an energy efficient fiber laser oscillator, which offers high productivity and efficiency of conversion. High reflection materials like aluminum, brass and copper can also be cut in this new tool. In Japan, the possible sales of Mazak's fiber lasers have been increased by this Strategic Product launch.
Table of Content – Analysis of Key Points
Laser Marker Machine 1. Introduction 2. Research Methodology 3. Market Dynamics 4. Impact Analysis 5. Value Chain Analysis 6. Porter’s 5 forces model 7. PEST Analysis 8. CNC Fiber Laser Market Segmentation, By Product 9. CNC Fiber Laser Market Segmentation, By Type 9. CNC Fiber Laser Market Segmentation, By Application 9. CNC Fiber Laser Market Segmentation, By End User 10. Regional Analysis 11. Company Profile 12. Competitive Landscape 13. USE Cases and Best Practices 14. Conclusion