About a month and a half ago, I wrote that IPG Photonics (IPGP)
was a good name to know in lasers for its growth potential tied to the
expansion of the fiber laser market (where it has at least two-thirds
market share). Circling back, it's also worth exploring the potential of
the 800lb gorilla in the overall industrial laser space - Rofin-Sinar Technologies (RSTI).
Rofin-Sinar
is the leading company in market share terms in a market that I'd
characterize as "cyclical growth" - there are certainly ups and downs
from year to year, but the overall laser market continues to outgrow
overall industrial spending on a multi-year basis. With a strong IP
position and industry reputation, not to mention a wide array of
products, Rofin-Sinar can benefit from the ongoing expansion of
industrial automation and the continuing penetration of lasers into new
cutting, welding, and marking applications.
Please continue here:
Rofin-Sinar Looking To A Cyclical Recovery And Fiber Share Gains
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