2012-11-21 17:18:32 - Global laser equipment market to experience rapid growth in China
The global laser equipment market benefited from the huge demand in the field of aerospace, energy, electronics and metal welding in 2011 to maintain a rapid growth rate. Sales hit US$7.46 billion in 2011, an increase of 14% over 2010; and are expected to grow moderately by 1% to 2% in 2012.China´s laser equipment industry also experienced rapid growth in 2011, and the sales rose by 15% from 2010, slightly higher than the global growth rate.Impacted by the macroeconomy, the demand from China´s machinery industry and heavy industry for high-power laser equipment was reduced in 2011; at the same time, however, small and medium-power laser equipment still maintained quick growth. The growth of laser equipment sales in 2011 was mainly
generated by small and medium-power laser equipment.Han´s Laser Technology is China´s largest laser equipment production enterprise, with products covering various fields such as laser marking equipment, laser welding equipment and laser cutting equipment. The company´s laser equipment sales accounted for about 8% of the total sales in Chinese market. It occupies more than 25% of Chinese laser marking equipment market and nearly 30% of Chinese laser welding equipment market.In general, the laser equipment market can be divided into high power equipment and small & medium power equipment. As for high power equipment, main types include laser cutting machine tool, laser marking machine, laser welding machine and laser engraving machine.High power laser equipment accounted for 67% market share in 2010. Small & medium power laser equipments are mainly applied in emerging markets, only occupying 33% market share in 2010.In the future, small & medium power laser equipment will be widely used by clothing and furniture enterprises for drilling and cutting, with strong development momentum.For more information on the global laser equipment market, see the latest research: Global Laser Equipment MarketFollow us on Twitter @CandMResearch
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