Fiber lasers fire up the market
December 6--Sales of fiber lasers leapt to new heights in 2005, according to the annual "Laser Focus World"/"Industrial Laser Solutions" market survey. Survey results for the industrial market will be published in the annual economic review and forecast in the January issue of ILS.
December 6--Sales of fiber lasers leapt to new heights in 2005, according to the annual "Laser Focus World"/"Industrial Laser Solutions" market survey. The survey, which will be published in the January and February 2006 issues of "Laser Focus World," found that sales of fiber lasers in 2005 were up 53 percent over 2004 and are projected to continue growing aggressively into 2006. Survey results specific to the industrial laser market also will be published in the January issue of "Industrial Laser Solutions."
Primary drivers behind this strong performance are the growing acceptance of high-power fiber lasers for industrial applications and emerging opportunities for low-power fiber lasers in medicine and the graphic arts--all leveraging technology developments originating in optical telecom. In fact, fiber lasers represent such significant value that they are being adopted at a rate much faster than any previous industrial laser technology, including lamp-pumped Nd:YAG or CO2 lasers. And R&D activity involving fiber lasers is certainly not waning; there are more than 100 technical sessions and related short courses about fiber laser technology at Photonics West.
In addition, fiber laser opportunities will be a key topic of discussion at the annual Laser and Photonics Marketplace Seminar, to be held January 23, 2006, at the Fairmont Hotel (San Jose, CA) in conjunction with Photonics West. Among other things, the seminar will debut the Fiber Laser Markets Forum, with representatives from SPI, IPG Photonics, and other fiber laser firms discussing the future of this technology--both high and low power--and the growing number of markets for which it appears to be suited.
For more information or to register for the Laser and Photonics Marketplace Seminar, go to www.marketplaceseminar.com.