In recent years, the rapid development of laser processing industry in Asia, especially in Japan and China, has led to the transfer of the global sales center of laser processing related equipment to Asia, especially in China's technological innovation and industrial upgrading. In addition, the structural adjustment, transformation and upgrading of the national manufacturing industry, as well as the increase in domestic and external demand brought by the national macro policies of "Made in China 2025" and "the Belt and Road", have accelerated the development of the laser industry.
 

Laser technology originated in Europe and America and has been widely used in many fields after years of development.

The invention of laser can be traced back to the early 20th century. In the development of laser-related industries, Europe and the United States, as an important region for the origin and development of laser technology and laser equipment, have a leading position in the field of laser and laser industry. The technology advancement and penetration advantages of laser products are more obvious, and a number of well-known enterprises in the field of laser have emerged. China's laser industry started late, but with the rapid development of China's equipment manufacturing industry, the rapid increase in demand has put forward higher requirements for production efficiency and production technology, and China's laser industry has thus ushered in sustained and healthy growth.

Laser technology is one of the key supports for the transformation and upgrading of China's manufacturing industry. The government strongly supports the development of laser equipment.

The downstream applications of laser equipment are very extensive, involving electronic information, equipment manufacturing, communications, transportation equipment, medical equipment, aerospace, oil pipeline, additive manufacturing and many other important industrial fields. Laser technology is one of the key supporting technologies for the transformation and upgrading of China's manufacturing industry. Therefore, the Chinese government has always attached great importance to the development of the laser industry, and has issued a number of policies to support the development of laser equipment and its core components.

Give priority to the development of the following key areas of high-tech industrialization: optical integration and optoelectronic integration devices, semiconductor laser devices, fiber laser devices, high-performance all-solid-state laser devices; New multifunctional laser treatment equipment; Laser spectrometer and other spectral analysis instruments; High-power lasers and their crystals with stable performance, high-power fiber lasers, large roll laser surface strengthening equipment, laser precision processing technology and equipment, laser cutting technology and equipment, laser welding technology and equipment, laser heat treatment and cladding technology and equipment, laser light strengthening technology and equipment, laser composite processing technology and equipment, laser processing basic devices and systems, laser measuring instruments and calibration standard instruments.

The market size of laser equipment has reached 82.2 billion yuan in 2021, and is expected to reach 187.765 billion yuan in 2026.

The application of laser technology is more cost-effective than many traditional manufacturing technologies, making the application of laser equipment rapidly popularized, and the market revenue of laser equipment in China has maintained rapid growth. The sales revenue of China's laser equipment market in 2021 will be 82.2 billion yuan, an increase of 17.43% over 2020. With the adjustment of epidemic prevention and control policies and the development of manufacturing industry, it is estimated that the market size of laser equipment in China will reach 187.765 billion yuan in 2026. In the long run, with the upgrading of China's economic structure to the advanced manufacturing industry, the demand for high-power laser equipment for industrial use will remain high for a long time.

Laser cutting and welding are the mainstream of laser equipment, accounting for 57% in 2021.

The application of laser in industry is mainly reflected in the processing of materials by using the characteristics of interaction between laser beam and material. According to the effect of laser beam on materials, laser processing can be divided into laser cutting, laser welding, laser marking, laser cladding, etc. In 2021, the market share of laser cutting equipment and laser welding equipment will be 38.1% and 18.9% respectively, accounting for 57% in total, which is the mainstream application mode of laser.

Laser processing has obvious advantages and is easy to integrate with industrial robots automatically, which is in line with the development trend of intelligent manufacturing.

Laser processing is to focus the laser on the processed object to heat, melt or vaporize the object, so as to achieve the processing purpose. It has the advantages of non-contact processing, high efficiency, low material loss, wide processing range and easy automation integration.

Looking ahead

There is a saying that it takes years to become famous overnight, which also applies to the laser market. Imagine how long it will take for laser technology to be qualified and widely adopted in the medical device market, automobile manufacturing industry or military equipment industry. When a technology is adopted or even recognized, it is often not what it is new technology. However, when technology-centric deployment occupies the core position and gains public attention,it's exciting. Behind these technology deployments are usually years of technical research and development behind the scenes. Laser technology has enabled most of the technologies that are appreciated by consumers today to be realized. With the continuous development and adoption of laser technology in the future, the laser market will continue to grow.

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.