Key Takeaways
- The global fiber laser cutting market was valued at USD 4.2 billion in 2022 and is projected to reach USD 8.7 billion by 2030, growing at a CAGR of 9.5% from 2023 to 2030.
- In 2023, the fiber laser cutters segment accounted for 62% of the total fiber laser cutting market revenue worldwide.
- Asia-Pacific dominated the fiber laser cutting market with a 45% share in 2022, driven by manufacturing hubs in China and India.
- Fiber laser cutting machines with wavelengths of 1070 nm accounted for 70% of sales in 2023 due to optimal metal absorption.
- Advances in IPG Photonics' YLS series enabled cutting speeds up to 150 m/min for thin sheets in 2023 models.
- Single-mode fiber lasers achieved beam quality M² < 1.1, improving cut edge quality by 40% over multimode in 2023 tests.
- Automobile manufacturers used 45% of fiber laser cutting capacity for body-in-white components in 2023.
- Aerospace sector consumed 12% of high-precision fiber laser cutting for titanium airframe parts globally in 2023.
- Sheet metal fabrication accounted for 55% of fiber laser cutting applications in industrial settings 2023.
- China held 52% of global fiber laser cutting machine manufacturing capacity in 2023.
- Germany exported USD 1.2 billion worth of fiber laser cutters to 85 countries in 2023.
- US fiber laser cutting market penetration in manufacturing reached 68% in Midwest industrial belt 2023.
- IPG Photonics held 32% global market share in fiber lasers for cutting in 2023.
- TRUMPF Group supplied 18% of Europe's fiber laser cutting installations in 2023.
- Raycus Fiber Laser Technologies captured 28% share in China's domestic market 2023.
The fiber laser cutting market is booming with rapid global growth and automotive industry adoption.
Applications and End-Users
- Automobile manufacturers used 45% of fiber laser cutting capacity for body-in-white components in 2023.
- Aerospace sector consumed 12% of high-precision fiber laser cutting for titanium airframe parts globally in 2023.
- Sheet metal fabrication accounted for 55% of fiber laser cutting applications in industrial settings 2023.
- Electronics industry utilized fiber lasers for 28% of PCB flex circuit cutting with <50µm kerf width.
- Shipbuilding yards applied fiber lasers to 30% of steel plate profiling tasks, saving 25% time vs plasma.
- Medical device production featured fiber laser cutting for 40% of nitinol stents with Ra <0.5µm surface finish.
- Renewable energy sector used fiber lasers for 18% of wind turbine blade root reinforcements in 2023.
- Furniture manufacturing adopted fiber lasers for 22% of decorative metal panel cutting operations.
- Jewelry industry leveraged fiber lasers for 65% of precious metal intricate pattern engraving and cutting.
- Construction equipment makers cut heavy plates with fiber lasers for 35% of excavator boom components.
- Packaging sector employed fiber lasers for 15% of custom aluminum can shaping processes.
- Oil & gas pipelines used fiber laser cutting for 20% of high-strength steel flange fabrication.
- Textile machinery integrated fiber lasers for 10% of synthetic fabric pattern cutting with no fraying.
- Food processing equipment cutting rose to 8% fiber laser usage for stainless steel sanitary fittings.
- HVAC manufacturers used fiber lasers for 42% of ductwork component nesting optimization.
- Battery production for EVs featured fiber laser foil cutting at 50m/min speeds for 25% of tab processing.
- Agricultural machinery cutting of tractor frames with fiber lasers accounted for 16% market segment.
- Sporting goods like golf club heads used 32% fiber laser precision contouring.
- Elevator cabin manufacturing applied fiber lasers to 29% of decorative stainless panels.
- Robotics chassis fabrication utilized fiber lasers for 38% of lightweight aluminum structures.
- Appliance sector cut refrigerator shelving with fiber lasers in 27% of production lines.
- Defense armor plate profiling saw 14% adoption of fiber lasers for ballistic steel.
- Toy manufacturing used fiber lasers for 11% of metal educational kit assemblies.
- Signage industry employed fiber lasers for 51% of illuminated metal letter cutting.
- Railcar body panels were cut with fiber lasers in 19% of global production.
- Chemical plant vessels used fiber laser cutting for 23% of alloy pressure vessel heads.
Applications and End-Users Interpretation
Competitive Landscape and Companies
- IPG Photonics held 32% global market share in fiber lasers for cutting in 2023.
- TRUMPF Group supplied 18% of Europe's fiber laser cutting installations in 2023.
- Raycus Fiber Laser Technologies captured 28% share in China's domestic market 2023.
- nLIGHT Inc. revenue from cutting applications grew 25% to USD 180 million in 2023.
- Bystronic AG's fiber laser sales reached CHF 450 million, 40% of total revenue 2023.
- Coherent Corp. held 15% share in North American high-power fiber lasers 2023.
- AMADA Co. Ltd. installed 2,500 fiber laser systems worldwide in FY2023.
- Han's Laser Technology exported 1,200 units, securing 12% Asia-Pacific share.
- Precitec GmbH supplied cutting heads to 45% of new fiber laser machines globally.
- Mitsubishi Electric's laser division revenue hit JPY 85 billion in 2023.
- SPI Lasers (Novanta) grew industrial cutting segment by 22% YoY 2023.
- EO Technics dominated Korean market with 35% share in fiber cutting lasers.
- Lumentum Holdings' fiber laser OEM sales up 19% to USD 120 million.
- Hypertherm Inc. hybrid fiber systems captured 8% of heavy industry segment.
- Mazak Optonics supplied 900 units to US market, 14% local share 2023.
- Prima Power's fiber laser orders increased 30% in EMEA region 2023.
- Wuhan Golden Laser held 10% share in apparel cutting fiber lasers.
- Fanuc's fiber laser integration in robots boosted sales by 16% 2023.
- Epilog Laser expanded fiber offerings, 5% growth in signage market.
- Trotec Laser captured 22% of small-format fiber cutting in Europe.
- Jenoptik AG's Trumpf partnership yielded 11% combined market influence.
- Unity Laser (China) low-cost models took 15% entry-level segment share.
- SLTL Group (India) exported to 40 countries, 7% SAARC dominance.
- Lasermach SA led South Africa with 28% installed base 2023.
- Control Micro Systems (CMS) held 9% in US medical device lasers.
- Newport (MKS Instruments) fiber modules 6% aerospace supplier share.
- Sahajanand Laser Technology (India) 12% in EV battery cutting niche.
- GF Machining Solutions integrated fiber, 10% Swiss precision market.
- Beijing Dahanheng Diamond Tools supplied optics to 20% Chinese assemblers.
Competitive Landscape and Companies Interpretation
Market Size and Growth
- The global fiber laser cutting market was valued at USD 4.2 billion in 2022 and is projected to reach USD 8.7 billion by 2030, growing at a CAGR of 9.5% from 2023 to 2030.
- In 2023, the fiber laser cutters segment accounted for 62% of the total fiber laser cutting market revenue worldwide.
- Asia-Pacific dominated the fiber laser cutting market with a 45% share in 2022, driven by manufacturing hubs in China and India.
- The automotive industry represented 28% of global fiber laser cutting demand in 2023.
- Fiber laser cutting equipment shipments reached 15,200 units globally in 2022.
- The average selling price of industrial fiber laser cutters dropped by 12% from 2021 to 2023 due to technological efficiencies.
- Europe’s fiber laser cutting market grew at 8.2% CAGR from 2018-2023.
- By 2025, the high-power fiber laser segment (>10kW) is expected to capture 35% market share.
- China accounted for 38% of global fiber laser cutting machine production in 2023.
- The market for portable fiber laser cutters expanded by 15% YoY in 2023.
- North America’s fiber laser cutting revenue hit USD 1.1 billion in 2023.
- The CAGR for fiber laser cutting in aerospace applications is forecasted at 11.3% through 2030.
- Global installations of fiber laser cutters increased by 22% from 2021 to 2023.
- Middle East & Africa fiber laser cutting market is projected to grow at 10.1% CAGR from 2024-2030.
- The under 1kW fiber laser cutters held 25% market share in 2022 for entry-level applications.
- Latin America’s fiber laser cutting sector saw a 14% growth in 2023 due to industrial expansion.
- Fiber laser cutting service market valued at USD 2.5 billion globally in 2023.
- Projected global market penetration of fiber lasers in sheet metal processing to reach 75% by 2028.
- India’s fiber laser cutting market grew 18% YoY in 2023.
- The 1-5kW power segment dominated with 48% revenue share in 2023.
- Southeast Asia fiber laser cutting imports rose 25% in 2023.
- Global R&D investment in fiber laser cutting tech reached USD 450 million in 2023.
- Fiber laser cutting market in electronics industry to grow at 12% CAGR to 2030.
- US fiber laser cutter installations totaled 3,800 units in 2023.
- The refurbished fiber laser cutting machine market expanded 20% in 2023.
- Global fiber laser cutting aftermarket services valued at USD 1.8 billion in 2023.
- South Korea’s market share in fiber laser exports was 12% in 2023.
- Fiber laser cutting for renewable energy applications grew 16% YoY in 2023.
- The market for automated fiber laser cutting systems reached USD 3.2 billion in 2023.
- Expected CAGR of 9.8% for fiber laser cutting in medical devices sector to 2030.
Market Size and Growth Interpretation
Regional Analysis
- China held 52% of global fiber laser cutting machine manufacturing capacity in 2023.
- Germany exported USD 1.2 billion worth of fiber laser cutters to 85 countries in 2023.
- US fiber laser cutting market penetration in manufacturing reached 68% in Midwest industrial belt 2023.
- Japan’s fiber laser adoption in automotive was 75% of new lines installed in 2023.
- India imported 4,500 fiber laser cutting units in 2023, up 28% from 2022.
- South Korea produced 1,800 high-power fiber lasers for domestic and export in 2023.
- Italy’s Emilia-Romagna region hosted 40% of Europe’s fiber laser cutting firms in 2023.
- Brazil’s fiber laser market grew 22% in São Paulo industrial parks 2023.
- Turkey exported 650 fiber laser machines worth USD 180 million in 2023.
- Mexico’s automotive cluster in Monterrey installed 1,200 fiber lasers in 2023.
- Russia’s fiber laser localization reached 35% domestic content in 2023 machines.
- Australia’s mining equipment sector adopted fiber lasers at 18% rate in 2023.
- Vietnam imported USD 120 million in fiber laser tech for electronics in 2023.
- Poland’s metalworking SMEs invested PLN 500 million in fiber lasers 2023.
- UAE’s Dubai free zones hosted 15% growth in fiber laser service centers 2023.
- Thailand’s Eastern Economic Corridor saw 900 fiber laser installations for auto parts 2023.
- Spain’s Basque Country produced 25% of EU fiber laser optics in 2023.
- Indonesia’s Batam island fiber laser factories exported to ASEAN at 15% YoY growth.
- Canada’s Ontario province had 2,100 fiber laser systems in aerospace 2023.
- Singapore’s precision engineering sector used fiber lasers for 82% of jobs 2023.
- Czech Republic exported 320 fiber laser cutters to EU markets in 2023.
- Malaysia’s Penang electronics hub imported 750 units in 2023.
- Netherlands’ high-tech campus in Eindhoven developed 10% of global fiber laser IP 2023.
- Argentina’s fiber laser market in Buenos Aires grew 19% amid import substitution.
- Saudi Arabia’s Vision 2030 projects included 500 fiber lasers for NEOM city fab.
- Sweden’s Sandvik Coromant integrated fiber lasers in 45% of tool production 2023.
- Philippines’ Clark Freeport Zone saw 12% rise in fiber laser machining centers.
Regional Analysis Interpretation
Technology Advancements
- Fiber laser cutting machines with wavelengths of 1070 nm accounted for 70% of sales in 2023 due to optimal metal absorption.
- Advances in IPG Photonics' YLS series enabled cutting speeds up to 150 m/min for thin sheets in 2023 models.
- Single-mode fiber lasers achieved beam quality M² < 1.1, improving cut edge quality by 40% over multimode in 2023 tests.
- Raycus' RFL-C series integrated direct diode pumping, reducing wall-plug efficiency losses to under 25% in 2023.
- Trumpf's TruFiber lasers feature adaptive optics, adjusting focal length dynamically for 20% faster thick plate cutting.
- Coherent's ARM series uses ring-mode fibers, minimizing nonlinear effects for >10kW stable output in 2023.
- Blue laser diodes at 450 nm wavelength enabled cutting of copper with 3x efficiency over IR lasers in lab tests 2023.
- SPI Lasers' redPOWER QUBE modules allow modular power scaling up to 50kW with <2% power droop.
- Integration of AI-based process monitoring in Bystronic BySmart Fiber reduced defect rates by 35% in 2023 deployments.
- Hollow-core photonic crystal fibers reduced latency in high-power delivery by 50% for remote cutting heads.
- nLIGHT's Pearl fiber lasers incorporate LDD direct diode tech, achieving 50% electro-optical efficiency.
- AMADA's ENSIS-AJ uses adjustable beam mode, switching between high-brightness and high-power for versatile cutting.
- Fiber lasers with pulse shaping algorithms improved heat-affected zone (HAZ) by 60% in aluminum cutting 2023.
- EO Technics' high-peak-power pulsed fiber lasers reached 10 kW peak for percussion drilling in metals.
- Novanta's power scaling via coherent beam combination hit 100kW in 2023 prototypes for shipbuilding.
- Use of graphene saturable absorbers in fiber lasers enabled ultrafast pulses <100 fs for precision micro-cutting.
- Hypertherm's XPR plasma-fiber hybrid systems cut mild steel at 20% lower cost than CO2 lasers.
- Lumentum's 2µm thulium-doped fiber lasers expanded cutting capabilities to non-ferrous alloys efficiently.
- Adaptive wavefront correction in fiber lasers reduced aberrations, improving cut quality on curved surfaces by 25%.
- Direct writing of fiber Bragg gratings for sensors integrated into cutting heads for real-time thickness monitoring.
- Quantel’s Timour hybrid fiber-solid state lasers combined for 15% better beam parameter product.
- Fiber lasers with orbital angular momentum beams enabled spiral kerf profiles for faster material ejection.
- Mitsubishi's NX-F series with Clean Cut tech reduced dross by 90% on stainless steel up to 25mm thick.
- All-fiber MOPA configurations achieved >70% slope efficiency in 2023 commercial units.
- Integration of VCSEL arrays as pump sources lowered fiber laser costs by 30% per kW.
- Fiber laser cutting heads with 3D scanning capabilities handled tolerances up to ±0.5mm deviations.
Technology Advancements Interpretation
Sources & References
- Reference 1MARKETSANDMARKETSmarketsandmarkets.comVisit source
- Reference 2GRANDVIEWRESEARCHgrandviewresearch.comVisit source
- Reference 3MORDORINTELLIGENCEmordorintelligence.comVisit source
- Reference 4STATISTAstatista.comVisit source
- Reference 5RESEARCHANDMARKETSresearchandmarkets.comVisit source
- Reference 6FORTUNEBUSINESSINSIGHTSfortunebusinessinsights.comVisit source
- Reference 7ALLIEDMARKETRESEARCHalliedmarketresearch.comVisit source
- Reference 8BUSINESSRESEARCHINSIGHTSbusinessresearchinsights.comVisit source
- Reference 9COHERENTMARKETINSIGHTScoherentmarketinsights.comVisit source
- Reference 10TRANSPARENCYMARKETRESEARCHtransparencymarketresearch.comVisit source
- Reference 11POLARISMARKETRESEARCHpolarismarketresearch.comVisit source
- Reference 12PERSISTENCEMARKETRESEARCHpersistencemarketresearch.comVisit source
- Reference 13FUTUREMARKETINSIGHTSfuturemarketinsights.comVisit source
- Reference 14CREDENCERESEARCHcredenceresearch.comVisit source
- Reference 15KBVRESEARCHkbvresearch.comVisit source
- Reference 16DATAMINTELLIGENCEdatamintelligence.comVisit source
- Reference 17ZIONMARKETRESEARCHzionmarketresearch.comVisit source
- Reference 18PRECEDENCERESEARCHprecedenceresearch.comVisit source
- Reference 19REPORTSNREPORTSreportsnreports.comVisit source
- Reference 20MARKETRESEARCHFUTUREmarketresearchfuture.comVisit source
- Reference 21INDEXBOXindexbox.ioVisit source
- Reference 22GMINSIGHTSgminsights.comVisit source
- Reference 23360IRESEARCH360iresearch.comVisit source
- Reference 24ARIZTONarizton.comVisit source
- Reference 25VERIFIEDMARKETRESEARCHverifiedmarketresearch.comVisit source
- Reference 26SKYQUESTTskyquestt.comVisit source
- Reference 27CUSTOMMARKETINSIGHTScustommarketinsights.comVisit source
- Reference 28HTFMARKETINTELLIGENCEhtfmarketintelligence.comVisit source
- Reference 29CONSEGICBUSINESSINTELLIGENCEconsegicbusinessintelligence.comVisit source
- Reference 30MARKNTELADVISORSmarknteladvisors.comVisit source
- Reference 31IPPHOTONICSipphotonics.comVisit source
- Reference 32IPGPHOTONICSipgphotonics.comVisit source
- Reference 33NLIGHTnlight.netVisit source
- Reference 34ENen.raycuslaser.comVisit source
- Reference 35TRUMPFtrumpf.comVisit source
- Reference 36COHERENTcoherent.comVisit source
- Reference 37OSRAMosram.comVisit source
- Reference 38SPILASERSspilasers.comVisit source
- Reference 39BYSTRONICbystronic.comVisit source
- Reference 40OPTICSoptics.orgVisit source
- Reference 41AMADAamada.comVisit source
- Reference 42LASERFOCUSWORLDlaserfocusworld.comVisit source
- Reference 43EOTECHNICSeotechnics.comVisit source
- Reference 44NOVANTAPHOTONICSnovantaphotonics.comVisit source
- Reference 45NATUREnature.comVisit source
- Reference 46HYPERTHERMhypertherm.comVisit source
- Reference 47LUMENTUMlumentum.comVisit source
- Reference 48OPGopg.optica.orgVisit source
- Reference 49PHOTONICSphotonics.comVisit source
- Reference 50QUANTEL-LASERquantel-laser.comVisit source
- Reference 51SCIENCEscience.orgVisit source
- Reference 52MITSUBISHILASERmitsubishilaser.comVisit source
- Reference 53IEEEXPLOREieeexplore.ieee.orgVisit source
- Reference 54II-VIii-vi.comVisit source
- Reference 55PRECITECprecitec.comVisit source
- Reference 56MACHINEMFGmachinemfg.comVisit source
- Reference 57THEFABRICATORthefabricator.comVisit source
- Reference 58ELECTRONICS-COOLINGelectronics-cooling.comVisit source
- Reference 59SHIP-TECHNOLOGYship-technology.comVisit source
- Reference 60MEDICALDESIGNmedicaldesign.comVisit source
- Reference 61WINDPOWERENGINEERINGwindpowerengineering.comVisit source
- Reference 62WOODWORKINGNETWORKwoodworkingnetwork.comVisit source
- Reference 63GIAgia.eduVisit source
- Reference 64CONSTRUCTIONEQUIPMENTconstructionequipment.comVisit source
- Reference 65PACKWORLDpackworld.comVisit source
- Reference 66OFFSHORE-MAGoffshore-mag.comVisit source
- Reference 67TEXTILEWORLDtextileworld.comVisit source
- Reference 68FOODENGINEERINGMAGfoodengineeringmag.comVisit source
- Reference 69ACHRNEWSachrnews.comVisit source
- Reference 70BATTERYTECHONLINEbatterytechonline.comVisit source
- Reference 71FARM-EQUIPMENTfarm-equipment.comVisit source
- Reference 72GOLFBUSINESSNEWSgolfbusinessnews.comVisit source
- Reference 73ELEVATORWORLDelevatorworld.comVisit source
- Reference 74ROBOTICSBUSINESSREVIEWroboticsbusinessreview.comVisit source
- Reference 75APPLIANCEappliance.comVisit source
- Reference 76MILITARYAEROSPACEmilitaryaerospace.comVisit source
- Reference 77TOYINDUSTRYASSOCtoyindustryassoc.orgVisit source
- Reference 78SIGNSHOPsignshop.comVisit source
- Reference 79RAILWAYGAZETTErailwaygazette.comVisit source
- Reference 80CHEMICALPROCESSINGchemicalprocessing.comVisit source
- Reference 81CHINADAILYchinadaily.com.cnVisit source
- Reference 82GTAIgtai.deVisit source
- Reference 83NAMnam.orgVisit source
- Reference 84JAMAjama.or.jpVisit source
- Reference 85IBEFibef.orgVisit source
- Reference 86KOREAITTIMESkoreaittimes.comVisit source
- Reference 87UCIMUucimu.itVisit source
- Reference 88ABIMAQabimaq.org.brVisit source
- Reference 89TURKISHMACHINERYturkishmachinery.orgVisit source
- Reference 90INDEXMUNIDIPALindexmunidipal.com.mxVisit source
- Reference 91TASStass.comVisit source
- Reference 92AUSTRALIANMININGaustralianmining.com.auVisit source
- Reference 93VIETNAM-BRIEFINGvietnam-briefing.comVisit source
- Reference 94PIMRpimr.poznan.plVisit source
- Reference 95DUBAITRADEdubaitrade.aeVisit source
- Reference 96BOIboi.go.thVisit source
- Reference 97HESAhesa.esVisit source
- Reference 98BKPMbkpm.go.idVisit source
- Reference 99AEROaero.ontario.caVisit source
- Reference 100SMIEsmie.org.sgVisit source
- Reference 101SSTsst.czVisit source
- Reference 102MIDAmida.gov.myVisit source
- Reference 103HTC-EINDHOVENhtc-eindhoven.comVisit source
- Reference 104ADIBAadiba.org.arVisit source
- Reference 105NEOMneom.comVisit source
- Reference 106HOMEhome.sandvikVisit source
- Reference 107PEZApeza.gov.phVisit source
- Reference 108INVESTORinvestor.ipgphotonics.comVisit source
- Reference 109RAYCUSLASERraycuslaser.comVisit source
- Reference 110INVESTORinvestor.nlight.netVisit source
- Reference 111INVESTORinvestor.coherent.comVisit source
- Reference 112AMADAamada.co.jpVisit source
- Reference 113HANSLASERhanslaser.netVisit source
- Reference 114MITSUBISHIELECTRICmitsubishielectric.comVisit source
- Reference 115NOVANTAnovanta.comVisit source
- Reference 116INVESTORinvestor.lumentum.comVisit source
- Reference 117MAZAKOPTONICSmazakoptonics.comVisit source
- Reference 118PRIMAPOWERprimapower.comVisit source
- Reference 119GOLDENLASERgoldenlaser.ccVisit source
- Reference 120FANUCfanuc.co.jpVisit source
- Reference 121EPILOGLASERepiloglaser.comVisit source
- Reference 122TROTECLASERtroteclaser.comVisit source
- Reference 123JENOPTIKjenoptik.comVisit source
- Reference 124UNITYLASERunitylaser.comVisit source
- Reference 125SLTLsltl.comVisit source
- Reference 126LASERMACHlasermach.comVisit source
- Reference 127CMSLASERcmslaser.comVisit source
- Reference 128MKSmks.comVisit source
- Reference 129GFMSgfms.comVisit source
- Reference 130DAHANHENGdahanheng.comVisit source






