IPG Photonics competitorsClear all

IPG Photonics's top competitors include FANUC, Applied Optoelectronics, Lumentum, TRUMPF North America and Maxphotonics.

	IPG Photonics IPG Photonics is a company that develops, manufactures, and sells high-performance fiber lasers, fiber amplifiers, and diode lasers.	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.	Applied Optoelectronics Applied Optoelectronics (AOI) is a company that designs and manufactures fiber optic networking products.	Lumentum Lumentum is a designer and manufacturer of optical and photonic products that enable optical networking and laser applications.	TRUMPF North America TRUMPF North America is a manufacturer of fabricating machinery.	Maxphotonics Maxphotonics (深圳市创鑫激光股份有限公司) is a producer of lasers and optical devices.
Founding Date	Founding Date 1990	Founding Date 1972	Founding Date 1997	Founding Date 2015	Founding Date 1969	Founding Date 2004
Type	Type Public	Type Public	Type Public	Type Public	Type Subsidiary	Type Private
Tags	Tags Manufacturing & Industrial cables electronics fiber optic lasers sensors	Tags Manufacturing & Industrial automation lasers machinery robotics wireless	Tags Manufacturing & Industrial broadband cables communication equipment fiber optic lasers telecommunications	Tags Manufacturing & Industrial communication equipment fiber optic lasers	Tags Manufacturing & Industrial fabrication tools lasers machinery manufacturing equipment	Tags Manufacturing & Industrial electronic components lasers machinery
Locations	Locations Oxford, US HQ Granja Viana, BR Burlington, CA Kingston, CA Beijing, CN Beijing, CN Shanghai, CN see more	Locations Oshino, JP HQ Buenos Aires, AR Huntingwood, AU Mulgrave, AU Port Adelaide, AU Springwood, AU Vorchdorf, AT see more	Locations Sugar Land, US HQ Ningbo Shi, CN New Taipei City, TW Duluth, US	Locations San Jose, US HQ Ottawa, CA Shenzhen, CN Shenzhen, CN Vélizy Villacoublay, FR Milano, IT Sagamihara, JP see more	Locations Farmington, US HQ Mississauga, CA Costa Mesa, US Hoffman Estates, US Plymouth, US Santa Clara, US	Locations Shenzhen Shi, CN HQ
Employees	Employees 6,5809% increase	Employees 8,2561% increase	Employees 2,5346% decrease	Employees 5,6183% increase	Employees 8871% increase	Employees 2414% decrease
Valuation ($)	Valuation ($) 5.3 b	Valuation ($) 30.2 b	Valuation ($) 50.8 m	Valuation ($) 5.9 b	Valuation ($) N/A	Valuation ($) N/A
Twitter followers	Twitter followers 851	Twitter followers 25.2 k	Twitter followers 268	Twitter followers 1.8 k	Twitter followers 5.6 k	Twitter followers 30
Number of tweets (last 30 days)	Number of tweets (last 30 days) 4	Number of tweets (last 30 days) 22	Number of tweets (last 30 days) N/A	Number of tweets (last 30 days) 12	Number of tweets (last 30 days) 15	Number of tweets (last 30 days) 2
Average likes per tweet (last 30 days)	Average likes per tweet (last 30 days) 0.8	Average likes per tweet (last 30 days) 1.8	Average likes per tweet (last 30 days) N/A	Average likes per tweet (last 30 days) 0.9	Average likes per tweet (last 30 days) 5.8	Average likes per tweet (last 30 days) N/A
Percentage of tweets with engagement (last 30 days)	Percentage of tweets with engagement (last 30 days) 100%	Percentage of tweets with engagement (last 30 days) 95.45%	Percentage of tweets with engagement (last 30 days) N/A	Percentage of tweets with engagement (last 30 days) 58.33%	Percentage of tweets with engagement (last 30 days) 100%	Percentage of tweets with engagement (last 30 days) N/A
Alexa Website Rank	Alexa Website Rank 353168	Alexa Website Rank 374983	Alexa Website Rank 496966	Alexa Website Rank 393639	Alexa Website Rank 240644	Alexa Website Rank 495576
Employee Rating	Employee Rating 3.2	Employee Rating 3.2	Employee Rating 2.7	Employee Rating 3.8	Employee Rating N/A	Employee Rating N/A
Financial
Revenue (est.)	Revenue (est.) $1.5b (FY, 2021)	Revenue (est.) ¥733b (FY, 2022)	Revenue (est.) $211.6m (FY, 2021)	Revenue (est.) $1.7b (FY, 2021)	Revenue (est.) N/A	Revenue (est.) N/A
Cost of goods	Cost of goods $764.5m (FY, 2021)	Cost of goods (¥390.3b) (FY, 2022)	Cost of goods $173.9m (FY, 2021)	Cost of goods $959.7m (FY, 2021)	Cost of goods N/A	Cost of goods N/A
Gross profit	Gross profit $696.4m (FY, 2021)	Gross profit ¥342.7b (FY, 2022)	Gross profit $37.7m (FY, 2021)	Gross profit $783.1m (FY, 2021)	Gross profit N/A	Gross profit N/A
Net income	Net income $277.9m (FY, 2021)	Net income ¥158.5b (FY, 2022)	Net income ($54.2m) (FY, 2021)	Net income $397.3m (FY, 2021)	Net income N/A	Net income N/A
Operating ⚠
Backlog	Backlog $673.7m (FY, 2020)	Backlog N/A	Backlog N/A	Backlog $453.1m (FY, 2019)	Backlog N/A	Backlog N/A
Industries Served	Industries Served 14 (Aug, 2021)	Industries Served N/A	Industries Served N/A	Industries Served N/A	Industries Served N/A	Industries Served 22 (FY, 2022)
Patent Applications	Patent Applications 475 (FY, 2020)	Patent Applications N/A	Patent Applications N/A	Patent Applications 490 (FY, 2019)	Patent Applications N/A	Patent Applications N/A
Patents (Foreign)	Patents (Foreign) N/A	Patents (Foreign) N/A	Patents (Foreign) 130 (FY, 2020)	Patents (Foreign) 798 (FY, 2019)	Patents (Foreign) N/A	Patents (Foreign) N/A
Patents (US)	Patents (US) N/A	Patents (US) N/A	Patents (US) 165 (FY, 2020)	Patents (US) 1.1 k (FY, 2019)	Patents (US) N/A	Patents (US) N/A
Product Categories	Product Categories N/A	Product Categories 4 (Apr, 2022)	Product Categories N/A	Product Categories N/A	Product Categories N/A	Product Categories 4 (FY, 2022)
Funding
Total funding raised	Total funding raised $ 82.4m	Total funding raised N/A	Total funding raised $ 99m	Total funding raised N/A	Total funding raised N/A	Total funding raised N/A