Today, we continue the discussion on the industrial chain and market size of China's laser processing equipment manufacturing industry in the previous issue, and take a look at the
current status of the industry development.
Current status of the development of the laser processing equipment manufacturing industry:
In recent years, influenced by factors such as macroeconomic development, manufacturing industry upgrading, and national policy support, my country has become the world's largest industrial laser market to date. At the same time, with the proposal of "Made in China 2025", the continued growth of China's economy and the development of China's manufacturing industry have a strong driving effect on the market demand of the laser processing equipment industry, and have created favorable conditions for technological innovation in the laser processing equipment industry. In recent years, the localization rate of the industry has increased, the downstream fields of the industry have developed rapidly, especially the significant growth in sheet metal cutting demand, and the vigorous development of the microelectronics manufacturing industry have driven the rapid growth of the market size of my country's laser processing equipment industry. Data shows that the market size of China's laser processing equipment industry in 2024 will be about 89.9 billion yuan. From the perspective of market structure, laser cutting equipment is the largest sub-segment of laser processing equipment in my country, with a market share of about 39.27%, followed by laser welding equipment and laser engraving equipment, with market shares of 15.93% and 11.77% respectively.
Laser processing equipment is a key development and competition area for countries around the world. Due to the late start of the industry and the high barriers to laser technology, my country's laser processing equipment has previously relied on imports. In recent years, domestic manufacturers have increased their independent research and development efforts, and my country's laser processing equipment industry has gradually entered a growth stage, with the degree of localization increasing year by year and import dependence decreasing. At the same time, with the upgrading of product quality, my country has gradually become one of the main exporters of laser processing equipment. In recent years, the overall scale of imports of laser processing equipment in my country has shown a downward trend, while the overall scale of exports has shown an upward trend. Data show that in 2024, my country's imports of laser processing equipment will be 6,200 units and exports will be 614,900 units; my country's import value of laser processing equipment will be US$566 million and the export value will be US$1.989 billion.
Analysis of the enterprise structure and key enterprises in the laser processing equipment manufacturing industry:
At present, the market structure of laser processing equipment manufacturing in my country is fragmented and the bargaining power is relatively poor. Due to the late start of the laser industry in China and the relatively low technical level compared with developed countries abroad, domestic enterprises are mainly concentrated in the low-power laser processing equipment market. At present, they have strong competitive advantages, but there is still a big gap in high-power laser processing equipment. In addition, the main domestic market segments such as laser cutting equipment and laser marking equipment are highly versatile, with low barriers and many local small and medium-sized enterprises, which makes the overall market of laser processing equipment manufacturing in my country relatively fragmented.
Development trend of laser processing equipment manufacturing industry:
1. Technological innovation and high-end development：
China's laser processing equipment manufacturing industry is accelerating towards high-end and intelligent directions. With the continuous breakthroughs in core technologies such as fiber lasers and ultrafast lasers, the industry will usher in a new round of technological upgrades. High-power lasers will be more widely used in thick plate cutting, welding and other fields. It is estimated that by 2025, the market share of domestic 10,000-watt fiber lasers will exceed 70%. At the same time, the application of ultrafast lasers in the field of precision micromachining will be significantly expanded, promoting process innovation in industries such as 3C electronics and semiconductors. In addition, the deep integration of technologies such as artificial intelligence and big data will promote the development of laser processing equipment in the direction of intelligence and digitalization, realize precise control and real-time optimization of the processing process, and further improve production efficiency and product quality.
2. Diversified expansion of application fields：
The application scenarios of laser processing equipment are rapidly extending from traditional manufacturing to emerging fields. In the field of new energy vehicles, laser welding technology plays a key role in the manufacture of core components such as power batteries and motors; in the field of aerospace, laser additive manufacturing provides innovative solutions for the processing of complex structural parts; in the field of medical health, laser micromachining technology helps the precision manufacturing of high-end medical devices. In addition, with the rapid development of industries such as 5G communications and new displays, laser processing technology will find its place in more high-precision and cutting-edge fields.
3. Industrial chain system and international layout：
China's laser processing equipment manufacturing industry will present a new pattern of coordinated development of the entire industrial chain. The localization process of upstream core components is accelerating, midstream equipment manufacturers are strengthening technological innovation, and downstream application companies are deepening cooperation to form a benign interaction. Domestic enterprises will increase their investment in R&D of core components such as lasers and optical devices, and strive to achieve a localization rate of more than 80% for key components by 2025. At the same time, industry leaders will integrate industry chain resources and enhance overall competitiveness through mergers and acquisitions, strategic cooperation and other means. In the international market, Chinese laser companies will accelerate their pace of "going global" and increase their international market share by setting up overseas R&D centers and establishing global sales networks.
Our Eagle Laser is also a very famous company in China. Interested friends can pay more attention to our company's official website.