Fiber Laser Market 2021-26: Size, Share, Growth, Industry Report and Forecast
According to the latest report by IMARC Group, titled “ Fiber Laser Market Share : Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026 ”, the global fiber laser market to grow at a CAGR of around 8% during 2021-2026. The fiber laser refers to a variation on the standard solid-state laser that utilizes optical fiber doped in rare-earth elementsas a gain medium. The widespread utilization of rare earth elements provides a cost-effective diode laser pump source, along with a high-power output.It is an integral part of laser marking systems as it is reliable, compact, electrically- and opticallyefficient. Moreover, it offers excellent beam quality and high peak energy. It also aids in achieving high dimensional accuracy in manufactured electronic products. Apart from this, fiber lasers are characterized by excellent precision, superior stability, and superior resistance to environmental disturbances. As the novel coronavirus (COVID-19) crisis takes over the ...