Analysis of market size and competitive landscape of laser cutting equipment in 2019

In the past few years, as the prices of core components such as the upstream laser cutting head, laser and laser cutting control system of laser cutting equipment have been declining, and the technical strength, brand strength, and marketing strength of domestic laser cutting equipment companies have been continuously improved, China’s laser cutting equipment market has penetrated Rates and application areas continue to increase. Laser cutting is gradually replacing traditional products such as punches, shears, and shearing machines in metal forming machine tools. The laser cutting equipment industry is ushering in a period of rapid development.

In 2018, the market size of China's laser cutting equipment industry reached 24.3 billion yuan, a year-on-year increase of 26.56%. From 2014 to 2018, China's laser cutting equipment industry has a compound annual growth rate of 23.09%, becoming one of the fastest growing industries in China's national economy. One. In 2019, the price of lasers, the core component of laser cutting equipment, continued to drop sharply, further reducing the cost of laser cutting equipment purchased by customers in downstream industries. Some market demand was further released. However, it was also affected by the cyclical decline in the automotive and 3C consumer electronics industries and Sino-US trade. The risk of policy fluctuations caused by friction and the adverse effects of intensified industry homogeneity competition, domestic demand for laser cutting equipment has slowed sharply, and demand in certain areas such as automobiles and 3C is on a downward trend. In 2019, China’s laser cutting equipment market is 26.6 billion yuan. The growth rate dropped to single digits 9.47%.

Market competition has become fierce, and the price of laser cutting equipment has dropped significantly

At present, there are more than 1,000 large and small laser cutting equipment manufacturers in China. After years of market competition and enterprise development, Han's Laser, Shenhui Laser, Huagong Technology, Chutian Laser, Bystronic, and Leading Laser , Qingyuan Laser, Tianqi Laser, Bond Laser, Hongshi Laser, Xunlei Laser, etc. have become the best.

In 2019, the price of upstream lasers dropped sharply, and the demand in downstream automobiles, 3C and other fields decreased. Laser equipment companies in the midstream were facing huge market competition pressure. For the benefit of their own companies, some laser equipment companies did not hesitate to fight price wars to increase product sales. The market is chaotic. At present, the market competition for low and medium power laser cutting equipment below 4000W has intensified. The price of medium and low laser cutting machines has been as low as 120,000 per 1,000W, and the price of high power laser cutting machines has been as low as 150,000 per 1,000W. Vicious competition has not only caused the production of laser cutting machines to appear sluggish, and many companies have meager profits. In addition, problems such as slower payment in the laser cutting industry have also affected the development of the industry to a certain extent. Shenhui Laser has expanded its product structure to Make efforts in the high-end market, expand overseas markets and other means to achieve both growth in corporate scale and profits.

Laser cutting industry application market pattern

China's laser cutting equipment is used in a wide range of terminal industries. At present, laser cutting is mainly used in industrial material processing and communication storage industries, accounting for 45% and 28% respectively, followed by medical beauty and scientific research and military fields, accounting for 9% and 7% respectively . In the downstream industry of laser cutting equipment, low- and medium-power laser cutting equipment is used in cabinets and cabinets, door industry, hardware products, electronics industry, home appliances and kitchen utensils, advertising and decoration industries; high-power laser cutting is mainly used in railway locomotives, shipbuilding industries , Auto parts manufacturing, heavy machinery, model making, oil pipeline, construction industry, etc. At present, fiber laser cutting has become a market trend in the general metal processing industry, and it is widely used in sheet metal metal processing, kitchen lamps, saw blades, cabinet boards, metal, textile machinery, food machinery, medical equipment and other industries. Especially in the sheet metal industry, many processing methods are well received by industry users.

Distribution of key regions of my country's laser cutting industry

Laser cutting companies are mainly concentrated in economically developed provinces and cities such as Hubei, Shandong, Jiangsu, Shanghai and Guangdong. From the perspective of the regional distribution of the laser cutting industry, China has basically formed four major laser industry clusters with the above-mentioned provinces and cities as the main body, distributed in the four regions of Central China, the Bohai Sea, the Yangtze River Delta, and the Pearl River Delta. The four major regional laser cutting equipment manufacturers account for about 90% of the total domestic market.