IPG Photonics is a leading manufacturer of high-power fiber lasers and amplifiers headquartered in Oxford, Massachusetts, United States. The company was founded by Dr. Valentin Gapontsev in 1990 and has since grown to become a global leader in the fiber laser industry.

IPG Photonics offers a wide range of products and services for various applications including materials processing, communications, medical, and scientific research. The company's main products include fiber lasers, fiber amplifiers, diode lasers, and laser systems. These products are used in cutting, welding, drilling, marking, and engraving of various materials such as metals, plastics, and ceramics.

Operating on a global scale, IPG Photonics has a strong presence in many regions including North America, Europe, Asia-Pacific, and the Middle East. The company has established subsidiaries in countries such as Germany, Russia, Italy, China, Japan, and Singapore, allowing it to reach a broad customer base worldwide. It also has joint ventures with other industry leaders such as Coherent, Inc.

In terms of market position, IPG Photonics has consistently shown strong growth and innovation, which has allowed it to dominate the global fiber laser market. The company accounted for a significant share of global laser sales in recent years, with a market capitalization of over $12 billion. IPG Photonics has achieved this by continuously investing in research and development, expanding its product portfolio, and developing strategic partnerships with key customers.

Over the years, IPG Photonics has achieved several major milestones and received numerous industry accolades. In 2017, the company was recognized by Forbes as one of the world's most innovative companies. It has also been named as one of the fastest-growing technology companies by Deloitte.

As of the latest information available, IPG Photonics continues to maintain its position as the market leader in fiber lasers. The company remains focused on driving growth through technological advancements and expanding its product offerings to meet the evolving needs of its customers