Ipg Photonics Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Ipg Photonics

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Ipg Photonics Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	3342 Communications Equipment Manufacturing
Additional NAICS Codes	333517 Machine Tool (Metal Cutting Types) Manufacturing 333992 Welding & Soldering Equipment Manufacturing
Address	50 Old Webster Road Oxford, MA 01540

Note: Revenues for privately held companies are statistical evaluations.


Ipg Photonics's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Ipg Photonics's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Ipg Photonics is classified as operating in the Communications Equipment Manufacturing industry, NAICS Code 3342.

Ipg Photonics Annual Revenue and Growth Rate

Ipg Photonics	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Ipg Photonics's revenues are gauged from an analysis of company filings.

Ipg Photonics's Income Statement (based on Industry Averages)

Ipg Photonics P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Ipg Photonics is developing and marketing. Ipg Photonics's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
LIGHTSHIELD Maintenance, servicing being maintaining and repair of laser systems; machinery and computer hardware remote maintenance and repair services, namely, malfunction diagnosis, correction and recalibration	06/14/2023
LASERCUBE Laser equipment for non-medical purposes	04/29/2022
LIGHTWELD Material processing systems, namely, laser systems for ablating, cleaning, welding and cutting	10/29/2020

See all trademarks and details in the Full Report.

Market Share of Ipg Photonics's Largest Competitors

A competitive analysis shows these companies are in the same general field as Ipg Photonics, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
GENERAL DYNAMICS	Reston, VA	100
L3HARRIS TECHNOLOGIES	Colorado Springs, CO	53
MOTOROLA SOLUTIONS	Linthicum Heights, MD	13
COMMUNICATIONS TEST DESIGN	West Chester, PA	11
NOKIA OF AMERICA	Murray Hill, NJ	10
VIASAT	Carlsbad, CA	7
COBHAM MANAGEMENT SERVICES	San Jose, CA	4
ITRON	Liberty Lake, WA	3
IFS INDUSTRIES	Reading, PA	3

Nearby Competitors

These companies are similar in business line and location to Ipg Photonics. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
IPG PHOTONICS	Oxford, MA	100
ACCELERATED MEDIA TECHNOLOGIES	Auburn, MA	1
I. F. ENGINEERING	Dudley, MA	1
BRASS VALLEY	Grafton, MA	1
FIBERON TECHNOLOGIES	Westborough, MA	0
FALL PREVENTION ALARMS	Southbridge, MA	0

Future Competition: Ipg Photonics's Fastest Growing Competitors

These companies are in the same general field as Ipg Photonics and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)