Fiber Laser Market to Grow at CAGR of 16.24% during 2016 – 2021F Dec 2016 | Page 2

Global Fiber Laser Market Opportunities and Forecast (2016-2021)
According to report, “Global Fiber Laser Market: Analysis By Industrial Applications , By End User Applications, By
Region, By Country (2016-2021)”, is projected to exhibit a CAGR of over ~16.24% during 2016 – 2021, largely driven
by increased use of fiber lasers in automotive sector, aerospace(drilling), medical industry (laser and cosmetic
surgery, precision cutting of medical devices etc.) along with increasing research and developments in the field of
industrial lasers.
The strong growth for Fiber Laser Market is driven by the increasing demand of fiber lasers in various types
manufacturing processing. Industrial fiber laser systems are firmly established in material processing operations
among manufacturing industries whole across the globe. Manufacturing industries use different types of sheet
cutting, marking, engraving, bonding, etching etc. Additionally the high power continuous wave fiber lasers are
gaining wider acceptance in the market place. In terms of industrial application fiber lasers are widely used in
macro processing applications, while advance material processing and scientific applications will create fair
opportunities for the fiber lasers.
View Complete Report @ http://www.rnrmarketresearch.com/global-fiber-laser-market-analysis-by-industrialapplications-by-end-user-applications-by-region-by-country-opportunities-and-forecast-2016-2021-byindustrial-applications-macro-processing-micro-proces-na-india-market-report.html.