IPG Photonics Corp (IPG) is a manufacturer and supplier of fiber lasers and amplifiers. Its product portfolio includes low-power CW fiber lasers, high-power CW fiber lasers, Quasi-CW fiber lasers, mid-IR hybrid lasers, diode laser systems, welding, brazing system, marking, and engraving systems, Raman lasers, telecom amplifiers, chillers, and other components. Its products are used for material processing, laser application centers; telecommunication, medical, advanced, and scientific purposes. IPG offers its products to various industries such as transportation, printing, manufacturing, automotive, medical, research, aerospace, consumer products, electronics, and communication industries. The company has its operations in the Americas, Europe, and Asia. IPG is headquartered in Marlborough, Massachusetts, the US.
IPG Photonics Corp premium industry data and analytics
Products and Services
Products |
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Lasers |
Laser Systems |
Amplifiers and Chillers |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In November, the company and Miller Electric Mfg entered into a strategic partnership to promote laser solutions for handheld welding applications. |
2023 | New Products/Services | In September, the company introduced a new Adjustable Mode Beam laser. |
2023 | New Products/Services | In January, the company announced the launch of three deep ultraviolet (Deep UV) lasers with its proprietary non-linear crystals. |
Competitor Comparison
Key Parameters | IPG Photonics Corp | Trumpf SE + Co KG | MKS Instruments Inc | Lumentum Holdings Inc | Wuhan Raycus Fiber Laser Technologies Co Ltd |
---|---|---|---|---|---|
Headquarters | United States of America | Germany | United States of America | United States of America | China |
City | Marlborough | Ditzingen | Andover | San Jose | Wuhan |
State/Province | Massachusetts | Baden-Wurttemberg | Massachusetts | California | Hubei |
No. of Employees | 6,180 | 18,352 | 10,000 | 7,500 | 3,540 |
Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Eugene Scherbakov | Chief Executive Officer; Director | Executive Board | 2021 | 75 |
Felix Stukalin | Senior Vice President; Director; Chief Operating Officer | Executive Board | 2022 | 61 |
Timothy P V Mammen | Senior Vice President; Chief Financial Officer | Senior Management | - | 53 |
Alexander Ovtchinnikov | Chief Technology Officer; Senior Vice President | Senior Management | 2022 | 62 |
Igor Samartsev | Senior Vice President; Chief Scientist | Senior Management | 2022 | 59 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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