Global Fiber Laser

2020

Executive summary

  • Global fiber laser market is expected to reach $4231.13 million by 2024
  • Growth momentum is expected to accelerate (Compound annual growth rate (CAGR) for 2019-2024 is 12.52%)
  • APAC comprised 47.56% of the overall market share in 2019
  • 49.94% of the incremental growth will originate from APAC
  • Material processing accounted for 87.83% of the market share in 2019

Reporting metrics

  • Market share of key countries in 2019
  • The structure of the market in focus
  • Factors that are driving demand
  • Challenges that affect the market dynamics
  • Key trends that are impacting the market
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