Fiber laser contains the active gain medium, which is an optical fiber doped with rare-earth elements, such as erbium (Er3+), ytterbium (Yb3+), neodymium (Nd3+), dysprosium (Dy3+), praseodymium (Pr3+), and thulium (Tm3+). They are related to doped fiber amplifiers, which provide light amplification without lasing. Because of these rare elements, most of the fiber lasers are diode pumped lasers. Fiber lasers are extremely stable and its beam quality is quite high.
Due to the speed and accuracy, the laser systems are replacing the traditional tools in the manufacturing sector at a fast pace. High output power, high optical quality, compact size, and reliability are some of the features of fiber laser that make it perform better than the other types of lasers, such as CO2 lasers and excimer lasers.
Asia-Pacific is one of the main segments for the global fiber laser market. Fiber laser market is growing at a significant rate because of superior performance, high output power, compact size, durability, cost effectiveness, and eco-friendly attributes of fiber lasers. Unlike other types of lasers, the fiber lasers eliminate the mechanical adjustments and high maintenance costs.
The fiber laser market in Asia-Pacific is segmented and forecast based on components, applications, and geographies. By components, the market is segmented into Pump Source, Gain Medium, Mirror, Power Source, and Others. By applications, the market is segmented into Industrial Material Processing, Medical, Telecommunication, Aerospace & Defense, Additive Manufacturing, Tomography & Spatial Mapping, and Others. By countries, the market is segmented into China, India, Japan, South Korea, and others.
Market share analysis, by revenue, of the top companies is also included in the report. The market share analysis of these key players are arrived at, based on key facts, annual financial information, and interviews with key opinion leaders, such as CEOs, directors, and marketing executives.
In order to present an in-depth understanding of the competitive landscape, the report on fiber laser market in Asia-Pacific consists of company profiles of the key market players. This report also includes the value chain analyses, along with the market metrics, such as drivers and restraints.
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