Research and Markets has released the "Global and China Laser Equipment and Processing Industry Report, 2010-2013" report, which details the status quo of the global and China-based laser processing market and the laser equipment industry.
The report also lays emphasis on small & medium markets based on power laser cutting equipment and highlights the development, business planning and operation of important laser equipment industry enterprises.
In 2010, the laser equipment market in China crossed RMB 3.7 billion with a Compound Annual Growth Rate (CAGR) of 21.7% in 2001-2010 due to the constant expansion of the laser equipment market and laser technology.
Laser equipment is divided into small and medium power equipment and high power equipment. High power equipment includes laser-based machine tools designed for cutting, marking, welding and engraving. In 2010, the laser-based high power equipment accounted for 67% of the market share while small and medium laser-based power equipments occupied only 33% of the market share.
In China, approximately 200 enterprises are involved in the manufacture of laser equipment and are primarily located in Central China, Yangtze River Delta, Pearl River Delta and Bohai Rim. Foreign manufacturers with production bases or branches in China include Rofin, TRUMPF, COHERENT, Trotec, SEI and Universal. The domestic enterprises occupying market shares in manufacturing and R&D of laser equipment include Chutian Laser Group, Han's Laser, BOYE Laser and Golden Laser. Recent entrant SIASUN specializes in the R&D of laser robot while ZHZJ manufactures structural components of ships and airplanes using laser technology and also specializes in the R&D of titanium alloy-based structural components.
The key topics covered in the report includes the overview of the laser industry, the overview of laser equipment market globally and in China, import and export, laser processing market and the important manufactures of laser equipment and laser processing.