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Market size of China's laser industry in 2020
 
Acme Laser time of publication 2020-11-04 15:24

In 2020, the sales revenue of China's laser equipment market will reach nearly 70 billion yuan, with a compound annual growth rate of over 20% since 2010. Despite the impact of covid-19 in 2020, the overall sales revenue of China's laser equipment market has maintained a growth trend.

With the further improvement of the domestic economy and the continued prosperity of downstream demand, it is estimated that by 2021, the size of China's laser equipment market will grow to about 77 billion yuan. According to data released by the Chinese Academy of Sciences, from the perspective of market segments, China, as the world's largest manufacturing country, is currently mainly used for industrial production of laser equipment. In 2020, the sales of laser equipment in the industrial zone will be 43.21 billion yuan, accounting for 62.53% of the total market sales revenue; the information field will be 15.22 billion yuan, accounting for 22.03%; Commercial, scientific research and medical laser equipment accounted for less than 10%, ranking third, fourth and fifth with 4.18 billion yuan, 3.43 billion yuan and 3.06 billion yuan.

It is expected that the scale of China's laser equipment market will continue to grow in 2021, with industrial laser equipment still being the most important growth point.

According to the data released by the famous journal "LaserFocusWorld" ("Laser World"), the economic scale of the global semiconductor laser market in 2020 is 6.724 billion US dollars, an increase of 14.2% over the previous year. With the development of the intelligent society of global enterprises in my country, the demand for lasers in intelligent control equipment, consumer electronics, new energy and other fields can continue to increase the growth mode and the continuous expansion of the application research fields of emerging industries such as related medical and beauty equipment systems and equipment. Semiconductor lasers can be used as pump sources for optically pumped lasers, and their market transaction scale will continue to learn to maintain a stable and rapid growth. 

In 2021, the global semiconductor laser market operating scale is expected to exceed US88 billion, with a market sales growth rate of more than 18%. Fiber lasers have made great progress in terms of output signal power, beam quality and brightness. They occupy an absolute competitive advantage in the field of material production and processing trade, and gradually occupy the market of gas and solid-state lasers. It has become the first choice for modern industrial lasers and achieved leapfrog growth. In 2020, the management scale of China's traditional fiber laser market will be about 9.5 billion yuan, an increase of 15% year-on-year. It is expected that the fiber laser market will continue to strive to maintain a 15% growth rate in 2021, and the market investment scale is expected to exceed 10 billion yuan.

According to the Chinese Academy of Sciences, the shipment of domestic nanosecond UV lasers has increased from 2,300 units in 2014 to 21,000 units in 2020, with a compound annual growth rate of 44.57%, and is expected to further increase to 25,500 units by 2021. In the picosecond ultrafast laser market, the production of domestic picosecond ultrafast lasers has increased from 150 units in 2016 to 2,100 units in 2020, and is expected to further increase to 3,300 units in 2021. From the perspective of output power, domestic nanosecond ultraviolet lasers and picosecond ultrafast lasers have increased from 3-5w to 30-40w, gradually approaching the world's advanced level.