IPG Photonics Corp.

Company Snapshot

Founded: 1990
Entity Type: Public
Employees: 4,740
Region: Asia
Revenue: $977.1 Millions
Revenue Year: 2024
Headquarter: Massachusetts, U.S.
Key Geographics: North America, Europe, Asia, Rest of the World
Corporate Address: 377 Simarano Drive Marlborough Massachusetts 01752 U.S. Tel. +1-508-373-1100 www.ipgphotonics.com

Company Overview

Since its inception in 1990, IPG Photonics Corp. has specialized in high-performance lasers and laser systems, which are integral to material processing, medical procedures, and advanced applications in biophotonics. The company operates in a singular segment focused on the design, development, production, and distribution of fiber lasers, laser systems, fiber amplifiers, and related optical components.

It offers highly energy-efficient lasers, enabling customers to reduce operational costs while making significant contributions to energy savings and lowering CO2 emissions. With a global footprint that includes manufacturing facilities, application laboratories, and service centers in over 30 countries, IPG over 4,740 professionals.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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IPG Photonics Corp. In Reports

Biophotonics: Technologies and Global Markets

Our Research says the biophotonics market size and a detailed analysis of the market players products and strategies Using 2023 as the base year, the report provides estimated market data for 2024 through 2029.

Global Markets for Laser Systems, Components and Materials

BCC Research Report: Dive into Laser Systems Components & Materials Market Report considered 2023 a base year, 2024 is an estimated year, and the market values are forecasted for five years until 2029.

Photonic Sensors and Detectors: Technologies and Global Markets

BCC Research Market Report says photonic sensors and detectors is estimated to increase from $36.6 bln in 2022 to reach $60.5 bln by 2027 at a CAGR of 10.6%.

Company's Business Segments

  • Fiber Laser Technology : The company provides a wide range of high-performance lasers and laser systems for use in materials processing, medical procedures, and advanced applications.

Applications/End User Industries

  • Material Processing
  • Medical Procedures
  • Fiber Laser Industry
  • Mobility