Global and China Industrial Laser Industry Report 2016-2020 - Market Share of Fiber Lasers Expected to Escalate From 34.5% in 2015 to 44.3% in 2020 in China

Feb 23, 2016, 10:10 ET from Research and Markets

DUBLIN, February 23, 2016 /PRNewswire/ --

Research and Markets ( has announced the addition of the "Global and China Industrial Laser Industry Report, 2016-2020" report to their offering. 


In recent years, the global industrial laser market has been developing steadily. The revenue herein jumped by 4.9% year on year to USD2.76 billion in 2015. Under the impetus of cars, 3D printing and other markets, the global industrial laser revenue is expected to grow at a CAGR of about 7.7% in 2016-2020. 

Chinese industrial laser market started late, showing a small size. In 2015, the revenue herein fetched about USD530 million (USD1=RMB6.2284), accounting for 19.2% of the global; however, the market grew radically with the year-on-year growth rate of 18.9% in 2015, faster than the global market because: First, China introduced a number of policies to encourage the development of the laser industry and its downstream emerging fields (such as material increase manufacturing) after 2010; second, Chinese enterprises gradually realized technological breakthroughs to break the monopoly of foreign enterprises and intensify the market competitiveness. 

Industrial lasers primarily embrace CO2 lasers, solid lasers and fiber lasers, in which fiber lasers featured with excellent performance have replaced CO2 lasers and ordinary solid-state lasers in the fields of marking, metal cutting and so forth gradually, as well as represent the future development trend of the industry. The market share of fiber lasers is expected to escalate from 34.5% in 2015 to 44.3% in 2020 in China. 

Compared with developed countries, China is weak at R&D of industrial lasers, and heavily dependent on imported high-power industrial lasers. China's laser trade deficit amounted to USD610 million in 2015, an increase of 10.0% over last year. In the next 3-5 years, this situation is difficult to reverse, but the deficit is expected to narrow. 

Globally, major industrial laser manufacturers include the US-based Coherent, IPG, Rofine and Nufern, Germany-based Trumpf, Italy-based Prima, China-based Han's Laser, Huagong Tech, Wuhan Raycus and the like. Wherein, Trumpf ranks first with a 15% market share, followed by Han's Laser with 8%. In the wake of mergers and acquisitions between companies, the Matthew effect of the industrial laser industry will not fade out in the short term. 

Key Topics Covered: 

1 Overview of Industrial Laser Industry 

2 Status Quo of Global Industrial Laser Industry 

3 Status Quo of China Industrial Laser Industry 

4 Industrial Laser Market Segments 

5 Upstream Industrial Laser Industry 

6 Laser Processing Equipment Market 

7 Major Foreign Industrial Laser Manufacturers 

8 Major Chinese Industrial Laser Manufacturers 

9 Summary and Forecast 

Companies Mentioned 

- Access Laser 
- Beijing GK Laser Technology 
- Bystronic 
- Coherent 
- Daheng New Epoch Technology 
- Fianium 
- GSI 
- Han's Laser 
- Huagong Tech 
- IPG 
- Maxphotonics 
- NKT Photonics 
- Nufern 
- Prima 
- Rofin-Sinar 
- Siasun 
- Skyera Laser 
- Tianhong Laser 
- Wuhan Co-Walking Laser 
- Wuhan Golden Laser 
- Wuhan Raycus 
- Xi'an Zhongke Meiman 

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