IPG Photonics competitorsClear all

IPG Photonics's top competitors include FANUC, nLIGHT, Coherent, Lumentum, TRUMPF North America, Maxphotonics and Raycus.
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IPG Photonics
IPG Photonics
IPG Photonics is a company manufacturing high-power fiber lasers, fiber amplifiers, hybrid fiber or solid-state, and diode lasers.
FANUC
FANUC
FANUC is a company providing automation products and services such as robotics and computer numerical control wireless systems.
nLIGHT
nLIGHT
nLIGHT is a company that is engaged in the development, design, and production of laser technologies and products.
Coherent
Coherent
Coherent is a provider of lasers, laser-based technologies, and laser-based system solutions.
Lumentum
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
TRUMPF North America is a manufacturer of fabricating machinery.
Maxphotonics
Maxphotonics
Maxphotonics is a producer of electronic components.
Raycus
Raycus
Raycus is a manufacturer and distributor of optical lasers.
Founding Date
Founding Date
1990
Founding Date
1972
Founding Date
2000
Founding Date
1966
Founding Date
2015
Founding Date
1969
Founding Date
2004
Founding Date
2007
Type
Type
Public
Type
Public
Type
Public
Type
Public
Type
Public
Type
Subsidiary
Type
Private
Type
Public
Tags
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
Camas, US HQ
Shanghai, CN
Lohja, FI
Hillsboro, US
Locations
Santa Clara, US HQ
Hilton, AU
Mississauga, CA
Beijing, CN
Nanjing, CN
Shanghai, CN
Shenzhen, CN
see more
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
Locations
Wuhan Shi, CN HQ
Employees
Employees
6,0602% increase
Employees
8,1644% increase
Employees
1,27516% increase
Employees
5,0854% increase
Employees
5,6183% increase
Employees
855
Employees
24
Employees
2,076
Valuation ($)
Valuation ($)
8.6 b
Valuation ($)
38.8 b
Valuation ($)
1 b
Valuation ($)
6.5 b
Valuation ($)
7.6 b
Valuation ($)
N/A
Valuation ($)
N/A
Valuation ($)
2.6 b
Twitter followers
Twitter followers
740
Twitter followers
25.2 k
Twitter followers
436
Twitter followers
2.4 k
Twitter followers
1.7 k
Twitter followers
5.4 k
Twitter followers
N/A
Twitter followers
74
Number of tweets (last 30 days)
Number of tweets (last 30 days)
10
Number of tweets (last 30 days)
22
Number of tweets (last 30 days)
N/A
Number of tweets (last 30 days)
38
Number of tweets (last 30 days)
4
Number of tweets (last 30 days)
15
Number of tweets (last 30 days)
N/A
Number of tweets (last 30 days)
N/A
Average likes per tweet (last 30 days)
Average likes per tweet (last 30 days)
0.7
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)
4.3
Average likes per tweet (last 30 days)
0.8
Average likes per tweet (last 30 days)
8.3
Average likes per tweet (last 30 days)
N/A
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)
70%
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)
89.47%
Percentage of tweets with engagement (last 30 days)
75%
Percentage of tweets with engagement (last 30 days)
100%
Percentage of tweets with engagement (last 30 days)
N/A
Percentage of tweets with engagement (last 30 days)
N/A
Alexa Website Rank
Alexa Website Rank
203983
Alexa Website Rank
219077
Alexa Website Rank
163426
Alexa Website Rank
179475
Alexa Website Rank
342994
Alexa Website Rank
240644
Alexa Website Rank
413646
Alexa Website Rank
236917
Employee Rating
Employee Rating
N/A
Employee Rating
2.9
Employee Rating
3.1
Employee Rating
4.5
Employee Rating
4
Employee Rating
N/A
Employee Rating
N/A
Employee Rating
N/A

Financial

Revenue (est.)
Revenue (est.)
$1.2b (FY, 2020)
Revenue (est.)
¥508.3b (FY, 2020)
Revenue (est.)
$222.8m (FY, 2020)
Revenue (est.)
$1.5b (FY, 2021)
Revenue (est.)
$1.7b (FY, 2021)
Revenue (est.)
N/A
Revenue (est.)
N/A
Revenue (est.)
N/A
Cost of goods
Cost of goods
$661.7m (FY, 2020)
Cost of goods
¥326.1b (FY, 2020)
Cost of goods
$163.4m (FY, 2020)
Cost of goods
$918.6m (FY, 2021)
Cost of goods
$959.7m (FY, 2021)
Cost of goods
N/A
Cost of goods
N/A
Cost of goods
N/A
Gross profit
Gross profit
$539m (FY, 2020)
Gross profit
¥182.2b (FY, 2020)
Gross profit
$59.4m (FY, 2020)
Gross profit
$568.8m (FY, 2021)
Gross profit
$783.1m (FY, 2021)
Gross profit
N/A
Gross profit
N/A
Gross profit
N/A
Net income
Net income
$160.3m (FY, 2020)
Net income
¥74.6b (FY, 2020)
Net income
($20.9m) (FY, 2020)
Net income
($106.8m) (FY, 2021)
Net income
$397.3m (FY, 2021)
Net income
N/A
Net income
N/A
Net income
N/A

Operating

Backlog
Backlog
$673.7m (FY, 2020)
Backlog
N/A
Backlog
$38m (FY, 2018)
Backlog
$548m (FY, 2020)
Backlog
$453.1m (FY, 2019)
Backlog
N/A
Backlog
N/A
Backlog
N/A
Countries
Countries
19 (FY, 2018)
Countries
N/A
Countries
30 (FY, 2018)
Countries
N/A
Countries
N/A
Countries
N/A
Countries
N/A
Countries
N/A
Patent Applications
Patent Applications
475 (FY, 2020)
Patent Applications
N/A
Patent Applications
N/A
Patent Applications
185 (FY, 2020)
Patent Applications
490 (FY, 2019)
Patent Applications
N/A
Patent Applications
N/A
Patent Applications
N/A
Patents (Foreign)
Patents (Foreign)
N/A
Patents (Foreign)
N/A
Patents (Foreign)
114 (FY, 2018)
Patents (Foreign)
N/A
Patents (Foreign)
798 (FY, 2019)
Patents (Foreign)
N/A
Patents (Foreign)
N/A
Patents (Foreign)
N/A
Patents (US)
Patents (US)
N/A
Patents (US)
N/A
Patents (US)
106 (FY, 2018)
Patents (US)
N/A
Patents (US)
1.1 k (FY, 2019)
Patents (US)
N/A
Patents (US)
N/A
Patents (US)
N/A
Patents Issued
Patents Issued
500 (FY, 2020)
Patents Issued
N/A
Patents Issued
N/A
Patents Issued
880 (FY, 2020)
Patents Issued
N/A
Patents Issued
N/A
Patents Issued
N/A
Patents Issued
N/A

Funding

Total funding raised
Total funding raised
$ 82.4m
Total funding raised
N/A
Total funding raised
$ 203.4m
Total funding raised
$ 140k
Total funding raised
N/A
Total funding raised
N/A
Total funding raised
N/A
Total funding raised
N/A
For sources of this data, please see the company profile

View company profiles

FANUC
HQ
Oshino, JP
Employees
8,164↑ 4% increase

FANUC is a company providing automation products and services such as robotics and computer numerical control wireless systems.

View company
nLIGHT
HQ
Camas, US
Employees
1,275↑ 16% increase

nLIGHT is a company that is engaged in the development, design, and production of laser technologies and products.

View company
Coherent
HQ
Santa Clara, US
Employees
5,085↑ 4% increase

Coherent is a provider of lasers, laser-based technologies, and laser-based system solutions.

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