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.
Fiber lasers are used in many industrial applications, such as cutting, welding, marking, and engraving in the manufacturing, semiconductor, and automotive industries. Governments in many countries have made laser marking compulsory in many critical applications, such as aerospace, medical, and smart cards. The marking is done to ensure that the information regarding the product remains intact.
Latin America is one of the growing segment of the global fiber lasers market. Due to the speed and accuracy, laser systems are replacing the traditional tools in the manufacturing sector at a fast pace. Lasers are used in industrial, commercial, and consumer applications. Emerging application of lasers in oil & gas exploration fields and technological advancements are some of the factors that are driving the fiber lasers market in Latin America.
The market 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 Argentina, Brazil, and others.
Market share analysis, by revenue, of the leading companies is also included in the report. The market share analysis of these key players is 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 Latin America 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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