The fiber laser market is projected to grow from USD 5.1 billion in 2026 to USD 15.1 billion by 2036, at a CAGR of 11.5%, driven by rising automation and precision manufacturing demand.
High-power and CW laser systems lead adoption, especially in cutting applications. Asia-Pacific dominates growth, while companies like IPG Photonics and TRUMPF continue advancing smart manufacturing laser technologies.
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