IPG Photonics competitors and similar companiesClear all

IPG Photonics's competitors and similar companies include Banner Engineering, Japan Aviation Electronics Industry, FANUC, Lumentum and Coherent.
IPG Photonics
IPG Photonics
IPG Photonics is a company that develops, manufactures, and sells high-performance fiber lasers, fiber amplifiers, and diode lasers.
Banner Engineering
Banner Engineering
Banner Engineering is a company that develops, manufactures, and distributes photo eyes, sensors, and associated products.
Japan Aviation Electronics Industry
Japan Aviation Electronics Industry
Japan Aviation Electronics Industry (日本航空電子工業株式会社, JAE) is a company specializing in the design, manufacture, and sales of electrical products.
FANUC
FANUC
FANUC (ファナック) is a company providing automation products and services such as robotics and computer numerical control (CNC) wireless systems.
Lumentum
Lumentum
Lumentum is a designer and manufacturer of optical and photonic products that enable optical networking and laser applications.
Coherent
Coherent
Coherent is a provider of lasers, laser-based technologies, and laser-based system solutions.
Founding Date
Founding Date
1990
Founding Date
1966
Founding Date
1953
Founding Date
1972
Founding Date
2015
Founding Date
1966
Type
Type
Public
Type
Private
Type
Public
Type
Public
Type
Public
Type
Public
Tags
Locations
Locations
Oxford, US HQ
Granja Viana, BR
Burlington, CA
Kingston, CA
Beijing, CN
Beijing, CN
Shanghai, CN
see more
Locations
Plymouth, US HQ
Machelen, BE
Jundiaí, BR
Beijing, CN
Pune, IN
Osaka, JP
see more
Locations
Tokyo, JP HQ
Beijing, CN
Dongguan, CN
Shanghai, CN
Shenzhen, CN
Suzhou, CN
Wuxi, CN
see more
Locations
Oshino, JP HQ
Buenos Aires, AR
Huntingwood, AU
Mulgrave, AU
Port Adelaide, AU
Springwood, AU
Vorchdorf, AT
see more
Locations
San Jose, US HQ
Ottawa, CA
Shenzhen, CN
Shenzhen, CN
Vélizy Villacoublay, FR
Milano, IT
Sagamihara, JP
see more
Locations
Santa Clara, US HQ
Hilton, AU
Markham, CA
Beijing, CN
Shanghai, CN
Shenzhen, CN
Shenzhen, CN
see more
Employees
Employees
6,5809% increase
Employees
5,500323% increase
Employees
9,42713% increase
Employees
8,2561% increase
Employees
5,6183% increase
Employees
5,0854% increase
Valuation ($)
Valuation ($)
4.5 b
Valuation ($)
N/A
Valuation ($)
1.3 b
Valuation ($)
26.9 b
Valuation ($)
5 b
Valuation ($)
6.6 b
Twitter followers
Twitter followers
877
Twitter followers
9.5 k
Twitter followers
127
Twitter followers
25.2 k
Twitter followers
1.8 k
Twitter followers
2.7 k
Number of tweets (last 30 days)
Number of tweets (last 30 days)
10
Number of tweets (last 30 days)
62
Number of tweets (last 30 days)
2
Number of tweets (last 30 days)
22
Number of tweets (last 30 days)
19
Number of tweets (last 30 days)
24
Average likes per tweet (last 30 days)
Average likes per tweet (last 30 days)
1.5
Average likes per tweet (last 30 days)
1.9
Average likes per tweet (last 30 days)
0.5
Average likes per tweet (last 30 days)
1.8
Average likes per tweet (last 30 days)
0.7
Average likes per tweet (last 30 days)
3
Percentage of tweets with engagement (last 30 days)
Percentage of tweets with engagement (last 30 days)
70%
Percentage of tweets with engagement (last 30 days)
95.16%
Percentage of tweets with engagement (last 30 days)
50%
Percentage of tweets with engagement (last 30 days)
95.45%
Percentage of tweets with engagement (last 30 days)
63.16%
Percentage of tweets with engagement (last 30 days)
91.67%
Alexa Website Rank
Alexa Website Rank
338905
Alexa Website Rank
229365
Alexa Website Rank
352161
Alexa Website Rank
391203
Alexa Website Rank
393639
Alexa Website Rank
250121
Employee Rating
Employee Rating
3.2
Employee Rating
3.6
Employee Rating
N/A
Employee Rating
3.2
Employee Rating
3.9
Employee Rating
4.4

Financial

Revenue (est.)
Revenue (est.)
$1.5b (FY, 2021)
Revenue (est.)
$250m (Y, 2018)
Revenue (est.)
¥225.1b (FY, 2022)
Revenue (est.)
¥733b (FY, 2022)
Revenue (est.)
$1.7b (FY, 2022)
Revenue (est.)
$1.5b (FY, 2021)
Cost of goods
Cost of goods
$764.5m (FY, 2021)
Cost of goods
N/A
Cost of goods
¥163.3b (FY, 2022)
Cost of goods
¥399.8b (FY, 2022)
Cost of goods
N/A
Cost of goods
$918.6m (FY, 2021)
Gross profit
Gross profit
$696.4m (FY, 2021)
Gross profit
N/A
Gross profit
¥61.8b (FY, 2022)
Gross profit
¥333.2b (FY, 2022)
Gross profit
$788.6m (FY, 2022)
Gross profit
$568.8m (FY, 2021)
Net income
Net income
$277.9m (FY, 2021)
Net income
N/A
Net income
¥14.3b (FY, 2022)
Net income
¥158.5b (FY, 2022)
Net income
$198.9m (FY, 2022)
Net income
($106.8m) (FY, 2021)

Operating

Backlog
Backlog
$673.7m (FY, 2020)
Backlog
N/A
Backlog
N/A
Backlog
N/A
Backlog
$453.1m (FY, 2019)
Backlog
$717.1m (FY, 2021)
Industries Served
Industries Served
14 (Aug, 2021)
Industries Served
16 (May, 2022)
Industries Served
N/A
Industries Served
N/A
Industries Served
N/A
Industries Served
N/A
Patent Applications
Patent Applications
475 (FY, 2020)
Patent Applications
N/A
Patent Applications
N/A
Patent Applications
N/A
Patent Applications
490 (FY, 2019)
Patent Applications
195 (FY, 2021)
Patents (US)
Patents (US)
N/A
Patents (US)
78 (May, 2022)
Patents (US)
N/A
Patents (US)
N/A
Patents (US)
1.1 k (FY, 2019)
Patents (US)
N/A
Patents Issued
Patents Issued
500 (FY, 2020)
Patents Issued
N/A
Patents Issued
3 k (FY, 2021)
Patents Issued
N/A
Patents Issued
N/A
Patents Issued
890 (FY, 2021)
Product Categories
Product Categories
N/A
Product Categories
10 (May, 2022)
Product Categories
N/A
Product Categories
4 (Sep, 2022)
Product Categories
N/A
Product Categories
N/A

Funding

Total funding raised
Total funding raised
$ 82.4m
Total funding raised
N/A
Total funding raised
N/A
Total funding raised
N/A
Total funding raised
N/A
Total funding raised
$ 140k
For sources of this data, please see the company profile

View company profiles

Banner Engineering
HQ
Plymouth, US
Employees
5,500

Banner Engineering is a company that develops, manufactures, and distributes photo eyes, sensors, and associated products.

View company
Japan Aviation Electronics Industry
HQ
Tokyo, JP
Employees
9,427↑ 13% increase

Japan Aviation Electronics Industry (日本航空電子工業株式会社, JAE) is a company specializing in the design, manufacture, and sales of electrical products.

View company
FANUC
HQ
Oshino, JP
Employees
8,256↑ 1% increase

FANUC (ファナック) is a company providing automation products and services such as robotics and computer numerical control (CNC) wireless systems.

View company
Lumentum
HQ
San Jose, US
Employees
5,618↑ 3% increase

Lumentum is a designer and manufacturer of optical and photonic products that enable optical networking and laser applications.

View company