Fiber laser sales boom

In my keynote presentation on the Global Market for Industrial Lasers at the upcoming Lasers for Manufacturing Event (LME) on September 23, 2014, in Schaumburg, IL, I will drop a bit of a bombshell by predicting that industrial fiber laser sales in 2014 could flirt with $1 billion, a 27-percent increase over 2013 sales. If this does occur, fiber laser revenues will boost total industrial laser revenues to about 7 percent, a 40-percent increase of what I had forecast in January.

For this to happen, global economic conditions will continue as-is today, and fiber laser sales will have to continue at the strong double-digit rate shown so far this year and increase their penetration at the higher power level, currently ~35%, into the market position of CO2 lasers in the sheet metal cutting industry.

My presentation will outline the market conditions that will enable the forecast to occur. Only attendees at LME will get a preview of what the 2014 industrial laser market may look like in January.

Get All the Industrial Laser Solutions News Delivered to Your Inbox

Subscribe to Industrial Laser Solutions Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
ILS Blogs
David Belforte
David Beleforte

Let's grow LME

Mon Apr 22 08:51:00 CDT 2013

Looked at manufacturing lately?

Wed Mar 20 09:57:00 CDT 2013

Industrial laser market meets forecast

Fri Mar 08 10:59:00 CST 2013

Photonics West features ultra-fast and fiber lasers

Mon Feb 18 13:31:00 CST 2013

Follow us at Join us on

Twitter - Industrial Laser Solutions


There is no current content available.
There is no current content available.

See Article Archive

View Industrial Laser Solutions past articles.

Copyright © 2007-2016. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS