In recent years, the development of China's laser industry has been outstanding, especially the export performance. On some cross-border e-commerce platforms, in 2022, the number of global buyers of laser machine of Chinese brands increased by 51.1% year on year, becoming one of the top ten Chinese products favored by overseas consumers. How can China's laser machinery industry emerge from the fierce competition in the international market?

In the field of high-end manufacturing, laser machine is needed in many scenarios, ranging from aerospace equipment manufacturing, the Olympic Games' iconic five-ring LOGO manufacturing, to photovoltaic wafer manufacturing, lithium battery pole lug welding, etc. These areas often require higher efficiency, more sophisticated processing, and lower fault tolerance.

The data shows that in recent years, China's laser machine market has achieved a growth of more than 6 times, with a compound growth rate of 21.5%. The overseas market performance is particularly bright, and it has achieved a rise against the market against the background of general pressure on the traditional manufacturing industry.

Guo Changcheng, Executive Vice President of China Machine Tool Industry Association, said: "Laser machine has developed rapidly in recent years. In the first 11 months of 2022, the export value of full-aperture laser processing machine reached 1.52 billion US dollars, an increase of 23.5% compared with 2021. The United States is the largest export destination country. The five countries, the United States, South Korea, Russia, India and Brazil, account for more than 40% of our total export value. The laser cutting machine here still accounts for the majority." Laser cutting machine is one of the main products of laser mechanical equipment. Compared with traditional plasma and water cutting methods, laser cutting has high processing accuracy, smooth cut, one-time molding and lower cost.

Focusing on scientific and technological research and breaking foreign monopoly is the key path for the development of many Chinese laser machinery enterprises. From relying on imports to earn assembly costs, to independently develop brands to sea, China's laser machinery industry has gradually gained a place in the highly competitive international market.

How to seize a large piece of "cake" in the highly competitive Red Sea market? In addition to breaking through the technical "bottleneck" problem, the basic space provided by China's large market and the complete industrial chain supply chain are also important reasons for the high-quality development of the industry. From the perspective of the whole industry, although China's laser machinery has replaced European and American products in the middle and low end markets, the industry needs to work hard on higher power and higher precision in order to achieve sustainable and high-quality development.

With the optimization of China's epidemic prevention and control policies, many enterprises have realized that they should take a more proactive "going to sea" strategy and actively go overseas for offline docking. They are also full of confidence in the market performance in 2023.

About HGTECH: HGTECH is the pioneer and leader of laser industrial application in China, and the authoritative provider of global laser processing solutions. We have comprehensively arranged laser intelligent machine, measurement and automation production lines, and smart factory construction to provide overall solutions for intelligent manufacturing.