Who IPG Photonics buys from and sells to
Vertically integrated maker of fibre lasers sold to machine builders for cutting, welding and other industrial work.
Buys from 0
None recorded
Sells to 3
- Chinese machine-tool buildersfibre lasers for cutting and welding machinesChina ~29% of 2025 sales
- EV and battery manufacturerslasers for battery and car-body welding
- European and US OEMslasers built into materials-processing systems
Where the chain could break
- China is ~29% of sales, where local rivals keep cutting prices
- Demand tracks industrial capex and auto/battery plant spending
Competes with
- Raycuslow-cost Chinese fibre lasers, on price
- Maxphotonicsthe same
- nLightLASRhigh-power fibre lasers
- CoherentCOHRindustrial lasers
Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.