Fiber Laser Market

 Fiber Laser Market Size

The global fiber laser market size was valued at USD 7.7 billion in 2024 with 811 thousand units and is estimated to grow at 10.7% CAGR from 2025 to 2034. As the global sales electric vehicles (EVs) rises, the demand for fiber laser solutions also rise due to their importance in battery welding, cutting light materials (aluminum, CFRP), and motor component manufacturing.

Fiber lasers perform with greater accuracy speed and accuracy compared to conventional lasers. It reduces manufacturing cost for car manufacturers such as BYD and Tesla, leading to greater adoption of fiber lasers by them. The zero emission regulations globally further drive the market with European Union setting leadership investment. The demand for low cost manufacturing finetunes with the low power consumption of fiber lasers further fueling the market. According to statista, by 2029, the global electric vehicles sales is expected to reach 17.36 million units.

Growth is aerospace and defense industry drive the fiber laser market. Fiber lasers are used in aerospace production for high accuracy functions such as drilling of titanium, trimming of composites, and repair of engine components. The growing deployment of UAVs and satellites requires lasers for machining their components in manufacturing process. Lasers are deployed as weapons also called as directed energy weapons.

The 5G rollout and miniaturization of electronics drive demand for ultrafast fiber lasers, used in PCB micro-drilling, flexible circuit cutting, and semiconductor dicing. The precision engraving and display processing is based on green and UV lasers by manufacturers of smartphones (Samsung, Apple). AI server production further boosts laser use for high-density interconnects.

Laser-based automation in factories is being accelerated by Industry 4.0 projects. Robotic welding, 3D printing, and quality inspection are made possible by fiber lasers. AI-enabled laser systems optimize heavy machinery, automotive, and energy production lines. China's affordable lasers are being used by emerging economies like Brazil and India to upgrade their manufacturing.

To benefit from the increasing market for fiber lasers, businesses should focus on EV and aerospace industries, which demand high-power and ultrafast lasers. Investment in R&D on green/UV lasers will appeal to electronics and medical industries, while automation solutions with AI can improve manufacturing effectiveness. Diversification into new economies with value-for-money propositions will assist in gaining market share, particularly in countries such as India and Brazil. Moreover, joining sustainability efforts by marketing energy-efficient lasers can enhance brand presence in Europe and North America.

 Fiber Laser Market Trends

• The demand for picosecond (ps) and femtosecond (fs) fiber lasers is surging due to their ability to perform high-precision micromachining with minimal heat damage. These lasers are critical for electronics (OLED displays, semiconductor packaging) and medical devices (stents, surgical tools). Their sub-micron accuracy enables finer cuts than traditional lasers, driving adoption in EV battery production and 5G component manufacturing. Leading players such as IPG Photonics are investing heavily in ultrafast laser R&D.
  
• Green and UV fiber lasers are increasingly used for copper, ceramics, and polymer processing, where traditional IR lasers struggle. These wavelengths are essential for PCB drilling, solar cell scribing, and smartphone engraving. The shift to flexible electronics and advanced packaging is boosting demand, especially in Asia.
  
• Fiber lasers are increasingly paired with AI-driven robotics and IoT-enabled systems to optimize smart manufacturing workflows. Real-time monitoring and adaptive control improve precision in automotive welding and aerospace component production. Companies like TRUMPF and nLIGHT are developing self-adjusting laser systems for Industry 4.0. This trend is reducing downtime and material waste, appealing to cost-sensitive industries.
  
• Fiber lasers are replacing CO2 and diode lasers due to their 30% lower energy consumption and longer lifespan (100,000+ hours). Governments are incentivizing green manufacturing, with fiber lasers playing a key role in reducing carbon footprints. Recyclable components and reduced coolant usage are becoming selling points for brands. The push for circular economy practices is accelerating adoption in Europe and North America.
  

Fiber Laser Market Analysis

Learn more about the key segments shaping this market

Download Free PDF

Based on system, the market is divided into continuous wave (CW) fiber lasers, pulsed fiber lasers, and others.

• The continuous wave (CW) fiber lasers market is anticipated to reach USD 21.1 billion by 2034. Continuous Wave (CW) fiber lasers emit a steady, uninterrupted beam of light, making them ideal for high-power industrial applications like metal cutting, welding, and cladding. They are favored for their energy efficiency, reliability, and ability to process thick materials (e.g., steel, aluminum) at speeds up to 10x faster than traditional methods. Key players like IPG Photonics and TRUMPF lead the market with multi-kilowatt (1–30 kW) systems used in automotive and aerospace manufacturing.
  
• The pulsed fiber lasers market is projected to grow at a CAGR of 11.1% by 2034. Pulsed fiber lasers deliver short bursts of high-energy light, enabling precision tasks with minimal heat damage, such as micromachining, marking, and medical device fabrication. These lasers operate in nanosecond (ns), picosecond (ps), or femtosecond (fs) pulses, catering to industries requiring ultra-fine detail, like electronics (PCB drilling) and aerospace (turbine blade engraving).

Learn more about the key segments shaping this market

Download Free PDF

Based on wavelength, the market is divided into infrared (IR), ultraviolet (UV), visible wavelength, mid-infrared.

• The infrared (IR) fiber laser market was valued at USD 5.6 billion in 2024. Infrared (IR) fiber lasers, dominate the market due to their versatility in industrial applications. These lasers excel in metal processing, including cutting, welding, and cladding owing to their high power (up to 30 kW) and deep material penetration. Their exceptional beam quality and energy efficiency make them ideal for automotive and aerospace manufacturing, particularly for EV battery components and titanium aircraft parts. Key players like IPG Photonics and TRUMPF lead the market with robust, low-maintenance systems.
  
• The ultraviolet (UV) fiber lasers market is projected to grow at a CAGR of 12.9% by 2034. Ultraviolet (UV) fiber lasers feature ultra-fine precision and minimal heat-affected zones, making them ideal for semiconductor dicing, medical device fabrication, and microelectronics. These lasers excel in processing delicate materials like glass, ceramics, and polymers, where traditional IR lasers fail. Market leaders such as Coherent and Lumentum specialize in frequency-tripled UV lasers for applications like flexible circuit cutting and OLED display repair.
  

Based on power range, the market is divided into low (≤1 kW), medium (1–6 kW), and high (>6 kW).

• The medium (1–6 kW) power range for fiber laser market was valued at USD 3.9 billion in 2024. Medium-power (1–6 kW) fiber lasers offer a balance of speed, precision, and affordability for applications such as automotive sheet metal cutting, 3D printing, and general metal fabrication. These systems are widely used in EV battery tray welding and aerospace component production due to their versatility. Growth is driven by expanding EV gigafactories and lightweight material processing. These lasers are also critical for job shops and mid-volume manufacturers, offering lower operational costs compared to high-power alternatives.
  
• The high (>6 kW) power range for fiber laser market is projected to grow at a CAGR of 11.3% by 2034. High-power (>6 kW) fiber lasers are revolutionizing heavy industry with their ability to cut and weld thick metals (up to 50 mm) at unmatched speeds, making them essential for shipbuilding, aerospace, and EV battery production. These lasers are driven by demand for gigafactory automation and defense applications like armor welding. Leaders like IPG Photonics and nLIGHT offer 10–30 kW systems with advanced beam shaping for precision in harsh environments. Their energy efficiency and low maintenance reduce costs in high-volume production.
  

Based on application, the market is divided into automotive, aerospace, electronics, medical, energy, and others.

• The fiber laser application in automotive was valued at USD 2.8 billion in 2024. Automotive sector is getting transformed with fiber lasers as they are used in cutting and welding of lightweight materials such as aluminum and carbon fiber for EV battery packs and vehicle frames. Fiber lasers are used in zero gap welding for battery foils and 3D cutting of components in chassis with accuracy and energy efficiency. The rise of gigafactories with automated assembly lines is also driving the fiber laser market. The other emerging applications of fiber laser technology include smart headlight engraving and sensor integration for autonomous vehicles.
  
• The fiber laser application in medical sector is projected to grow at a CAGR of 11.3% by 2034. The minimally invasive surgical procedures such as laser eye surgery (LASIK) and tissue ablation is made possible with the help of fiber lasers in medical sector. The teeth whitening and cavity preparation activities in dental treatments is another application of fiber lasers done without damaging the surrounding tissues. The medical device manufacturing is also done with help of fiber lasers, for instance, catheter drilling, and implant surface texturing are some of the applications in that area.

Looking for region specific data?

Download Free PDF

• The fiber laser market in U.S. was valued at USD 1.4 billion in 2024. The market in U.S. is driven by focus on research and development along with manufacturing base for defense, medical and other technologically driven sectors. Companies such as IPG Photonics and Coherent are highly recognized players in the market with specialization in high-power industrial lasers for aerospace and ultrafast lasers for semiconductor applications. The market benefits from government initiatives like the CHIPS Act and DoD contracts, particularly for directed-energy weapons and EV battery production. Emerging applications in quantum computing and photonics are creating new opportunities for specialized fiber laser solutions. The market in U.S. is driven by focus on research and development along with manufacturing base for defense, medical and other technologically driven sectors. Companies such as IPG Photonics and Coherent are highly recognized players in the market with specialization in high-power industrial lasers for aerospace and ultrafast lasers for semiconductor applications.
  
• The fiber laser market in Germany is expected to grow at a CAGR of 9.9% in the forecast period. German market is driven by its world-leading automotive and aerospace industries, which demand high-precision cutting and welding solutions. Companies pioneer industrial-grade fiber lasers, particularly for EV battery production and lightweight component manufacturing. The market benefits from Industry 4.0 adoption, with smart factories integrating AI-driven laser systems for automated workflows. Germany’s strict sustainability regulations accelerate demand for energy-efficient fiber lasers in green manufacturing.
  
• The market for fiber laser in France is expected to reach USD 426 million by 2034. The market in France is driven by aerospace, medical, and defense applications, with companies such as Lumibird leading in laser technologies. The market thrives on government-backed R&D initiatives, including partnerships with CEA-Leti for advanced photonics and quantum computing solutions. Automotive and energy sectors are adopting fiber lasers for EV component welding and solar panel scribing, fueling growth. France’s focus on sustainable manufacturing aligns with fiber lasers’ energy efficiency, boosting adoption in green industries
  
• The China fiber laser market was valued at USD 1.2 billion in 2024. Chinese market is driven by massive EV, electronics, and heavy manufacturing sectors. Local champions such as Raycus and Maxphotonics compete aggressively on price, capturing 70% of China’s mid-power (1–6 kW) laser segment for automotive and sheet metal processing. Government initiatives like "Made in China 2025" boost adoption, with subsidies for laser-based smart manufacturing and 5G infrastructure. The market is fueled by gigafactories (CATL, BYD) and semiconductor expansion.
  
• The market for fiber laser in India is expected to grow at a CAGR of 12.2% in the forecast period. India's fiber laser market is emerging as a key growth hub, driven by rapid industrial automation, automotive, and electronics manufacturing expansion. The government's "Make in India" initiative and rising EV production (Tata, Mahindra) are accelerating adoption of 1–6 kW fiber lasers for sheet metal and battery component processing. Local players such as Sahajanand Laser are gaining traction in marking and micro-machining segments.
  

Fiber Laser Market Share

The fiber laser industry is highly competitive, with the top 5 players, IPG Photonics, TRUMPF, Coherent, nLIGHT, and Lumentum Operations LLC holding over 60% of the global market share. Companies are aggressively investing in R&D to develop energy-efficient, high-power lasers (e.g., 30 kW systems for EV gigafactories) and ultrafast lasers for precision electronics and medical applications. To differentiate themselves, key players are integrating AI-driven automation and IoT-enabled monitoring into laser systems, optimizing performance for smart factories. Strategic collaborations with automotive (Tesla, BYD) and aerospace (Boeing, Airbus) firms are expanding market reach, while mergers consolidate technological expertise. Sustainability is also a priority, with innovations like recyclable laser components and low-energy-consumption designs aligning with global ESG goals.

Customization and niche specialization are rising trends, as manufacturers tailor lasers for EV battery welding, 5G semiconductor dicing, and directed-energy defense systems. Chinese firms such as Maxphotonics are disrupting the market with cost-effective solutions, challenging Western dominance in emerging economies.

 Fiber Laser Market Companies

Some of the prominent market participants operating in the industry include:

• IPG Photonics Corporation
• TRUMPF
• Coherent Corp.
• nLIGHT, Inc.
• Lumentum Operations LLC
  

IPG Photonics Corporation is a leading innovator of high-power and ultrafast pulsed lasers. The company’s YLS series are industry standards for automotive (EV battery welding) and aerospace (titanium cutting) applications, with clients like Tesla and Boeing. IPG’s vertical integration from fiber optics to finished systems gives it unrivaled cost control and reliability, with 40% gross margins. Despite Chinese competition, IPG maintains an edge through proprietary beam-delivery tech and strategic partnerships.

TRUMPF is a renowned for its TruFiber series specializing in high-power systems for automotive and aerospace. The German firm excels in integrated laser solutions, combining robotics and automation for smart factories, serving clients like Volkswagen and Airbus. TRUMPF’s green laser technology  revolutionizes copper welding in EV battery production, addressing a key industry challenge. It invests heavily in ultrafast lasers and additive manufacturing (3D printing). The company’s dual focus on precision and sustainability aligns with EU green manufacturing mandates, securing long-term growth.

 Fiber Laser Industry News

• In 2024, IPG Photonics launched its new Dual-Beam Fiber Laser System, designed for high-speed, precision welding and cutting in automotive and aerospace applications. The system combines two synchronized laser beams to improve process stability and reduce defects in EV battery and aluminum component manufacturing. This innovation strengthens IPG’s leadership in multi-beam laser technology, addressing growing industry demand for efficient, large-scale production solutions.
  
• In Jan 2023, Coherent launched the industry’s first 50W pump laser diodes for fiber lasers, enabling higher power and efficiency in industrial and telecom applications. These diodes reduce system costs and complexity while improving reliability for next-gen laser solutions.
  

The fiber laser market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue (USD Million) and volume (Thousand Units) from 2021 to 2034, for the following segments:

Click here to Buy Section of this Report

Market, By System

• Continuous wave (CW) fiber lasers
• Pulsed fiber lasers
• Others

Market, By Wavelength

• Infrared (IR)
• Ultraviolet (UV)
• Visible wavelength
• Mid-infrared

Market, By Power Range

• Low (≤1 kW)
• Medium (1–6 kW)
• High (>6 kW)

Market, By Application

• Automotive
• Aerospace
• Electronics
• Medical
• Energy
• Others

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada 
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands 
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea 
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • UAE