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Laser Technology Promotes the Rapid Growth of the Laser Processing Equipment Industry

2024-12-21

Laser processing technology is developing rapidly, especially the rapid iteration of laser technology, the core component of laser processing equipment, which has driven the continuous improvement of laser power and the continuous reduction of costs. The range of processable materials of laser processing equipment has been continuously expanded, and the processing quality and processing efficiency have been continuously improved.


The above technological development has effectively promoted the development of the laser processing market: first, it has expanded the application field of laser processing equipment and promoted the continuous expansion of the downstream market scope; second, it has reduced the price of laser processing equipment, so that more downstream manufacturers can afford the price of the equipment, and the customer base has continued to expand; third, with the continuous development of laser processing technology, its substitution effect on traditional process technology has continued to grow, and downstream manufacturers using traditional equipment have gradually replaced laser processing equipment; fourth, laser processing equipment has been continuously upgraded, promoting the development of the downstream upgrading market.


Laser technology promotes the rapid growth of the laser processing equipment industry


At the same time, the downstream applications of laser processing equipment are extensive and scattered, involving multiple key areas of the national economy. The downstream industry has a significant traction and driving effect on the development of the laser processing equipment manufacturing industry. With the development of the national economy, the downstream market of laser processing equipment has developed rapidly, and the demand for laser processing equipment is strong.


The development of laser technology and downstream application markets has driven the continuous expansion of the scale of my country's laser processing market, maintaining a high growth rate for many consecutive years. According to the "2021 China Laser Industry Development Report" and "2022 China Laser Industry Development Report", the laser equipment market size has increased from 34.5 billion yuan in 2015 to 82.1 billion yuan in 2021.