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Long Life-Span of Fiber Lasers Could Pose a Challenge to Growth of Global Fiber Laser Market

Apr 15 2014

Research and Markets has announced the addition of the "Global Fiber Laser Market Report" report to their offering.

The analysts forecast the Global Fiber Laser market to grow at a CAGR of 23.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of fiber lasers due to their superior attributes. The Global Fiber Laser market has also been witnessing an increase in R&D spending by the market vendors. However, the long life-span of fiber lasers could pose a challenge to the growth of this market.

The report, the Global Fiber Laser Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the markets in the APAC region, Europe, North America, and ROW; it also covers the Global Fiber Laser market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The global fiber laser vendors such as IPG Photonics have already invested a considerable amount of time and money in their R&D department for the expansion of their product portfolio. Vendors in this market are increasingly investing in their R&D division to provide better functionality and to meet the unsatisfied requirements of end-consumers.

The R&D investments by the vendors have enabled them to capture a significant market share and gain a competitive edge over other vendors in the Global Fiber Laser market. Therefore, the increased R&D spending by market vendors is a positive trend that is expected to contribute to the growth of the market during the forecast period.

According to the report, one of the major drivers in this market is the increasing adoption of fiber lasers due to its superior attributes. The benefits of using fiber lasers are expected to foster the demand for fiber lasers, thereby contributing to the growth of the Global Fiber Laser market.

Further, the report states that one of the key challenges in this market is the long lifespan of fiber lasers. The long life span of fiber lasers has led to the fluctuating demand for fiber lasers, thereby affecting sales of fiber lasers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

1. Executive Summary

2. Scope of the Report

3. Market Research Methodology

4. List of Abbreviations

5. Introduction

6. Market Landscape

7. Market Segmentation by Application

8. Geographical Segmentation

9. Key Leading Countries

10. Buying Criteria

11. Market Growth Drivers