The North America Fiber Laser Market would witness market growth of 11.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Fiber Laser Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,611.2 million by 2031. The Canada market is experiencing a CAGR of 12.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.2% during (2024 - 2031).

This is a specific category of laser in which the active gain medium consists of an optical fiber that has been doped with rare-earth elements, including ytterbium, erbium, thulium, or neodymium. Unlike traditional laser systems that use gas or crystal-based mediums (such as CO₂ or Nd:YAG lasers), these lasers rely on fiber optics to generate and amplify laser light.
These lasers use a diode pump source to excite the doped fiber, generating a laser beam through stimulated emission. The optical fiber acts as both the medium and the waveguide, ensuring the laser beam is efficiently transmitted and amplified within a compact, flexible, and robust structure. Unlike CO₂ lasers, which require mirrors and external optical components, these lasers offer a monolithic design, reducing alignment issues, maintenance costs, and power losses.
Mexico is seeing significant expansion in their adoption for medical and aesthetic applications, driven by a growing healthcare sector, rising medical tourism, and increasing demand for minimally invasive treatments. The country's medical device manufacturing industry, one of the largest in Latin America, is integrating these lasers for high-precision surgical tools, medical implant fabrication, and laser-assisted cosmetic procedures. These lasers' non-contact, high-speed engraving capabilities make them ideal for marking surgical instruments, dental devices, and orthopedic implants with serial numbers and traceability codes. The Mexican government has actively promoted medical technology innovation through initiatives like the National Institute of Medical Sciences and Nutrition Salvador Zubirán (INCMNSZ) Research Program and partnerships with global biomedical laser technology firms. Mexico’s Medical Device Cluster in Baja California has also facilitated investments in fiber laser-assisted medical R&D, making the country a key exporter of laser-integrated healthcare solutions. Thus, the region will present lucrative growth opportunities to expand the market.
Free Valuable Insights: The Fiber Laser Market is Predict to reach USD 8.53 Billion by 2031, at a CAGR of 12.0%
Based on Type, the market is segmented into Continuous Wave Fiber Lasers, Pulsed Fiber Lasers, Quasi-Continuous Wave Fiber Lasers, and Mode-Locked Fiber Lasers. Based on Power Output, the market is segmented into High Power (Above 2kW), Medium Power (100W-2kW), and Low Power (Up to 100W). Based on Application, the market is segmented into Materials Processing, Communications & Optical Storage, Aerospace, Defense, & Military, Instruments & Sensors, Medical & Aesthetic, Entertainment, Displays, & Printing, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- IPG Photonics Corporation
- TRUMPF SE + Co. KG
- Furukawa Electric Co., Ltd.
- Coherent Corp.
- FANUC Corporation
- Fujikura Ltd.
- Lumentum Holdings, Inc.
- Jenoptik AG
- Epilog Laser Corporation
- Amonics Ltd.
North America Fiber Laser Market Report Segmentation
By Type
- Continuous Wave Fiber Lasers
- Pulsed Fiber Lasers
- Quasi-Continuous Wave Fiber Lasers
- Mode-Locked Fiber Lasers
By Power Output
- High Power (Above 2kW)
- Medium Power (100W-2kW)
- Low Power (Up to 100W)
By Application
- Materials Processing
- Communications & Optical Storage
- Aerospace, Defense, & Military
- Instruments & Sensors
- Medical & Aesthetic
- Entertainment, Displays, & Printing
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fiber Laser Market, by Type
1.4.2 North America Fiber Laser Market, by Power Output
1.4.3 North America Fiber Laser Market, by Application
1.4.4 North America Fiber Laser Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Recent Strategies Deployed in Fiber Laser Market
4.3 Porter Five Forces Analysis
Chapter 5. North America Fiber Laser Market by Type
5.1 North America Continuous Wave Fiber Lasers Market by Country
5.2 North America Pulsed Fiber Lasers Market by Country
5.3 North America Quasi-Continuous Wave Fiber Lasers Market by Country
5.4 North America Mode-Locked Fiber Lasers Market by Country
Chapter 6. North America Fiber Laser Market by Power Output
6.1 North America High Power (Above 2kW) Market by Country
6.2 North America Medium Power (100W-2kW) Market by Country
6.3 North America Low Power (Up to 100W) Market by Country
Chapter 7. North America Fiber Laser Market by Application
7.1 North America Materials Processing Market by Country
7.2 North America Communications & Optical Storage Market by Country
7.3 North America Aerospace, Defense, & Military Market by Country
7.4 North America Instruments & Sensors Market by Country
7.5 North America Medical & Aesthetic Market by Country
7.6 North America Entertainment, Displays, & Printing Market by Country
7.7 North America Other Application Market by Country
Chapter 8. North America Fiber Laser Market by Country
8.1 US Fiber Laser Market
8.1.1 US Fiber Laser Market by Type
8.1.2 US Fiber Laser Market by Power Output
8.1.3 US Fiber Laser Market by Application
8.2 Canada Fiber Laser Market
8.2.1 Canada Fiber Laser Market by Type
8.2.2 Canada Fiber Laser Market by Power Output
8.2.3 Canada Fiber Laser Market by Application
8.3 Mexico Fiber Laser Market
8.3.1 Mexico Fiber Laser Market by Type
8.3.2 Mexico Fiber Laser Market by Power Output
8.3.3 Mexico Fiber Laser Market by Application
8.4 Rest of North America Fiber Laser Market
8.4.1 Rest of North America Fiber Laser Market by Type
8.4.2 Rest of North America Fiber Laser Market by Power Output
8.4.3 Rest of North America Fiber Laser Market by Application
Chapter 9. Company Profiles
9.1 IPG Photonics Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.2 TRUMPF SE + Co. KG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.3 Furukawa Electric Co., Ltd.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Coherent Corp.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 FANUC Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 SWOT Analysis
9.6 Fujikura Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Lumentum Holdings, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.8 Jenoptik AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.9 Epilog Laser Corporation
9.9.1 Company Overview
9.10. Amonics Ltd.
9.10.1 Company Overview
TABLE 1 North America Fiber Laser Market, 2020 - 2023, USD Million
TABLE 2 North America Fiber Laser Market, 2024 - 2031, USD Million
TABLE 3 North America Fiber Laser Market by Type, 2020 - 2023, USD Million
TABLE 4 North America Fiber Laser Market by Type, 2024 - 2031, USD Million
TABLE 5 North America Continuous Wave Fiber Lasers Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Continuous Wave Fiber Lasers Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Pulsed Fiber Lasers Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Pulsed Fiber Lasers Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Quasi-Continuous Wave Fiber Lasers Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Quasi-Continuous Wave Fiber Lasers Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Mode-Locked Fiber Lasers Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Mode-Locked Fiber Lasers Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Fiber Laser Market by Power Output, 2020 - 2023, USD Million
TABLE 14 North America Fiber Laser Market by Power Output, 2024 - 2031, USD Million
TABLE 15 North America High Power (Above 2kW) Market by Country, 2020 - 2023, USD Million
TABLE 16 North America High Power (Above 2kW) Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Medium Power (100W-2kW) Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Medium Power (100W-2kW) Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Low Power (Up to 100W) Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Low Power (Up to 100W) Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Fiber Laser Market by Application, 2020 - 2023, USD Million
TABLE 22 North America Fiber Laser Market by Application, 2024 - 2031, USD Million
TABLE 23 North America Materials Processing Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Materials Processing Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Communications & Optical Storage Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Communications & Optical Storage Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Aerospace, Defense, & Military Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Aerospace, Defense, & Military Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Instruments & Sensors Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Instruments & Sensors Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Medical & Aesthetic Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Medical & Aesthetic Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Entertainment, Displays, & Printing Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Entertainment, Displays, & Printing Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Fiber Laser Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Fiber Laser Market by Country, 2024 - 2031, USD Million
TABLE 39 US Fiber Laser Market, 2020 - 2023, USD Million
TABLE 40 US Fiber Laser Market, 2024 - 2031, USD Million
TABLE 41 US Fiber Laser Market by Type, 2020 - 2023, USD Million
TABLE 42 US Fiber Laser Market by Type, 2024 - 2031, USD Million
TABLE 43 US Fiber Laser Market by Power Output, 2020 - 2023, USD Million
TABLE 44 US Fiber Laser Market by Power Output, 2024 - 2031, USD Million
TABLE 45 US Fiber Laser Market by Application, 2020 - 2023, USD Million
TABLE 46 US Fiber Laser Market by Application, 2024 - 2031, USD Million
TABLE 47 Canada Fiber Laser Market, 2020 - 2023, USD Million
TABLE 48 Canada Fiber Laser Market, 2024 - 2031, USD Million
TABLE 49 Canada Fiber Laser Market by Type, 2020 - 2023, USD Million
TABLE 50 Canada Fiber Laser Market by Type, 2024 - 2031, USD Million
TABLE 51 Canada Fiber Laser Market by Power Output, 2020 - 2023, USD Million
TABLE 52 Canada Fiber Laser Market by Power Output, 2024 - 2031, USD Million
TABLE 53 Canada Fiber Laser Market by Application, 2020 - 2023, USD Million
TABLE 54 Canada Fiber Laser Market by Application, 2024 - 2031, USD Million
TABLE 55 Mexico Fiber Laser Market, 2020 - 2023, USD Million
TABLE 56 Mexico Fiber Laser Market, 2024 - 2031, USD Million
TABLE 57 Mexico Fiber Laser Market by Type, 2020 - 2023, USD Million
TABLE 58 Mexico Fiber Laser Market by Type, 2024 - 2031, USD Million
TABLE 59 Mexico Fiber Laser Market by Power Output, 2020 - 2023, USD Million
TABLE 60 Mexico Fiber Laser Market by Power Output, 2024 - 2031, USD Million
TABLE 61 Mexico Fiber Laser Market by Application, 2020 - 2023, USD Million
TABLE 62 Mexico Fiber Laser Market by Application, 2024 - 2031, USD Million
TABLE 63 Rest of North America Fiber Laser Market, 2020 - 2023, USD Million
TABLE 64 Rest of North America Fiber Laser Market, 2024 - 2031, USD Million
TABLE 65 Rest of North America Fiber Laser Market by Type, 2020 - 2023, USD Million
TABLE 66 Rest of North America Fiber Laser Market by Type, 2024 - 2031, USD Million
TABLE 67 Rest of North America Fiber Laser Market by Power Output, 2020 - 2023, USD Million
TABLE 68 Rest of North America Fiber Laser Market by Power Output, 2024 - 2031, USD Million
TABLE 69 Rest of North America Fiber Laser Market by Application, 2020 - 2023, USD Million
TABLE 70 Rest of North America Fiber Laser Market by Application, 2024 - 2031, USD Million
TABLE 71 Key Information – IPG Photonics Corporation
TABLE 72 Key Information – TRUMPF SE + Co. KG
TABLE 73 Key Information –Furukawa Electric Co., Ltd.
TABLE 74 Key Information – Coherent Corp.
TABLE 75 key information – FANUC Corporation
TABLE 76 Key Information – Fujikura Ltd.
TABLE 77 Key Information – Lumentum Holdings, Inc.
TABLE 78 Key Information – Jenoptik AG
TABLE 79 Key Information – Epilog Laser
TABLE 80 Key Information – Amonics Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Fiber Laser Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Fiber Laser Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Fiber Laser Market
FIG 6 North America Fiber Laser Market share by Type, 2023
FIG 7 North America Fiber Laser Market share by Type, 2031
FIG 8 North America Fiber Laser Market by Type, 2020 - 2031, USD Million
FIG 9 North America Fiber Laser Market share by Power Output, 2023
FIG 10 North America Fiber Laser Market share by Power Output, 2031
FIG 11 North America Fiber Laser Market by Power Output, 2020 - 2031, USD Million
FIG 12 North America Fiber Laser Market share by Application, 2023
FIG 13 North America Fiber Laser Market share by Application, 2031
FIG 14 North America Fiber Laser Market by Application, 2020 - 2031, USD Million
FIG 15 North America Fiber Laser Market share by Country, 2023
FIG 16 North America Fiber Laser Market share by Country, 2031
FIG 17 North America Fiber Laser Market by Country, 2020 - 2031, USD Million
FIG 18 Recent strategies and developments: IPG Photonics Corporation
FIG 19 Recent strategies and developments: TRUMPF SE + Co. KG
FIG 20 SWOT Analysis: Furukawa Electric Co., Ltd.
FIG 21 SWOT Analysis: Coherent Corp.
FIG 22 SWOT Analysis: FANUC Corporation
FIG 23 SWOT Analysis: Fujikura Ltd.