Albany, NY -- (SBWIRE) -- 06/01/2015 -- In 2014, global laser market picked up, with laser system sales hitting USD9.2 billion, a year-on-year growth rate of 6%. Over the next couple years, optical storage, military, and scientific research markets are expected to remain weak, but emerging application markets like 3D printing and sapphire cutting will fuel market growth. It is expected that global laser market will expand at an AAGR of about 8% during 2015-2018.

As a global processing and manufacturing center, China sees continued expansion in laser processing equipment installation. By the end of 2014, China's laser cutting complete equipment ownership approximated 20,000 units (sets), of which over 3,000 were high-power ones which are used mainly in automobile, shipping, and aerospace fields, and around 10,000 units (sets) were small and medium-power ones, finding applicatio in sectors such as textile & clothing, advertisement, handicraft and electronics.

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In terms of market structure, laser marking machine, laser cutting machine, and laser welding machine are major three product categories among all laser processing equipment in China, together accounting for 80% of total market size. With evolution of new technologies and emergence of new applications, new laser processing equipment markets, such as 3D printing, laser scribing machine, laser exposure machine, and sapphire cutting machine, will usher in rapid growth.

By regional pattern, four laser industry bases (Central China, Bohai Rim, Yangtze River Delta, and Pearl River Delta) have basically taken shape in China. In 2014, the four bases generated total output value of RMB31.5 billion, occupying 94% of the entire industry's output value.

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Han's Laser, China's largest laser equipment manufacturer, mainly produces laser cutting equipment, laser marking equipment, laser welding equipment, etc, and holds a dominant position with its high-power equipment. In 2014, the company reported revenue of RMB5.566 billion, up 28.41% from a year ago, higher than average growth rate of the industry. In April 2014, the company secured an order valued at USD20 million to provide laser sapphire cutting machine for Lens Technology, a contract manufacturer of Apple. The deal was considered as a new breakthrough in the company's development. In new business field, it will make more investments in automation and encourage the launching of robotics project, so as to provide customers with robots for automatic production lines with laser technology solutions.

Wuhan Golden Laser, a major manufacturer of small and medium-power laser equipment, produces mainly laser engraving machine, laser marking machine, laser cutting bed, etc. In 2014, the company recorded revenue of RMB193 million, rising by 21.54% year on year. Besides original business, it started to independently carry out 3D printing business and built "3D printing cloud factory" in 2014. The company will be committed to the construction of 3D cloud factory and promotion of relevant businesses for some time to come.

Table of Content

1. Overview of Laser Industry
1.1 Laser
1.1.1 Definition
1.1.2 Development History
1.2 Laser
1.2.1 Definition
1.2.2 Classification
1.2.3 Development Trend
1.3 Laser Equipment
1.3.1 Definition
1.3.2 Classification
1.3.3 Product Certification
1.4 Laser Processing
1.4.1 Definition
1.4.2 Classification

2. Global Market
2.1 Market Size
2.1.1 Laser Equipment
2.1.2 Laser
2.1.3 Applications
2.2 Major Enterprises
2.2.1 Competitive Landscape
2.2.2 M&As
2.3 Laser Processing Market
2.3.1 Marking Business
2.3.2 Micro Processing Business
2.3.3 Material Processing Business

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