Market Scale and Development Trend of Laser Fabrication Technology

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Article: Market Scale and Development Trend of Laser Fabrication Technology

  1. Market Scale and Development Trend of Laser Fabrication Technology

    0 Comments by Eeto_Lisa Published on 02-22-2018 08:32 PM
    According to a survey, the Market Scale of Laser Industry Fabrication is 12.6 Billion RMB in 2016, Increase 6.8%, and China increase nearly 20%, this survey showed China’s manufacturing industry still invest a lot in laser machines. According to the stable high growth of China’s manufacturing industry, America’s new industry policies and the recovery of Europe’s economy, it is widely believed 2017~2019 world’s laser fabrication Market Scale will still keep 7% compound growth. And actually China’s laser and laser system’s sales amount up to 45.5 Billion RMB in 2017, year-on-year growth 18.2%.


    Global Laser Material Processing Market Scale

    Data Sources:Public information

    2010~2017 China’s Industry Laser and System Sales Volume

    Data Sources:Public information

    There are two main trends in last years for laser application.

    (1) High Power Laser grows very fast. According to the data in 2017,as for the sales amount for laser cutting system, high power is 75%, small power 25%, high power: small power is 3:1.According to statistics, in cutting, welding and marking high power laser processing system accounted for 75%, rose 4.5% last year, more than 3% of the machine tool market. Auto industry is the main driving force for high power laser’s application.

    Quotient between High Power and Lower Power

    Data Sources:Public information

    (2) Domestic Processing Industry is in transition, laser is being more and more automation. Because of laser’s widely used in many industry,mainly include cutting, LED,Precision metal working, Welding, non-metal processing, additive manufacturing, and other industries. laser have to be more and more smart to adapt to the market’s requirement.And many countries encourage developing robot and intelligent system nowadays, There is a huge market opportunity for global intelligent manufacturing.

    Wuhan EETO Laser Equipment Co.,ltd founded in 2016. Laser machines has intelligent, standardized and continuous advantages, EETO Laser’s export amount ranking No. 56 in China by grasping the market trend in only one year. And with more and more invest in high power laser and automatic corollary equipments, EETO Laser will be more and more powerful and famous in World’s laser industry.

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Market Scale and Development Trend of Laser Fabrication Technology

Market Scale and Development Trend of Laser Fabrication Technology