Analysis of the development trend of China's laser industry market in 2021

China is a big manufacturing country. However, compared with the world's major manufacturing countries, the proportion of laser applications in the manufacturing industry, especially the equipment manufacturing industry, is low, only 30%. The US, Japan, and Germany's laser applications in the equipment manufacturing industry accounted for more than 40%, of which Germany was as high as 46%, 16% higher than my country. This is also a reason for the slow upgrading of my country's industrial structure. At the same time, the gap in the application proportion of lasers in the manufacturing industry can also see the huge market potential of my country's laser industry. In the course of a series of industrial restructuring and industrial restructuring in the country in the future, the laser industry has broad market prospects.

In 2021, my country’s economy will usher in a rebound and rapid growth, and the demand for laser manufacturing will also be a big year. According to the forecast of "Laser Manufacturers", the industrial laser market is expected to grow by more than 20%. It is predicted that the industry will be in 2026. The market scale of laser and related products will reach 318 billion yuan.

According to the analysis of the Prospective Industry Research Institute, ultra-fast laser, laser welding, laser cleaning, laser plus supporting automation equipment may become the next growth point of my country's laser industry.