Analysis of the scale and development trend of the world's six major laser market segments in 2020

Lasers have a wide range of applications, and the main application markets are material processing and communications. Lasers have been widely used in materials processing, communications, information processing, medical beauty, scientific research, military affairs, culture and education, etc., among which the fields of material processing and communications account for the largest proportion.

Material processing and lithography still occupy an important position in 2019

In the global laser application field in 2019, material processing and lithography, communications and storage are still the main global laser application markets, accounting for 44.3% and 26.8% respectively; in the remaining application fields, scientific research and military accounted for 9.3 %, the medical and beauty market accounted for 7.5%, instruments and sensors accounted for 7.4%, and entertainment, display and printing markets accounted for 3.2%.

Material processing and laser engraving cutting marking market

Including lasers for all types of metal processing (welding, cutting, annealing, drilling); lasers for semiconductor and microelectronic manufacturing (lithography, scribing, defect repair, drilling); for marking all materials Lasers; and lasers for other material processing (such as cutting and welding organics, rapid prototyping, micromachining, and grating manufacturing).

In 2019, the competitiveness of Chinese lasers in the international market will be further enhanced. Most of the fiber lasers produced in China were limited to the level of marking applications. However, in recent years, with the technological advancement of Chinese laser manufacturers, Chinese companies can provide higher power Laser products have led to a sharp drop in the price of fiber lasers. On the other hand, the US trade tariff policy has had a huge adverse effect on laser trade. It can be seen that the market size of material processing and lithography has declined in 2019.

Communication and Optical Storage Market

Includes all laser diodes used in telecommunications, data communications, and optical storage applications, including pump sources for optical amplifiers.

According to Strategies Unlimited, the market size of communications and optical storage in 2019 was US$4,105 million, a year-on-year decrease of 4.3%. Laser revenues in the communications market are affected by industry cycles, almost in sync with the deployment of new and large-scale communications networks worldwide. In 2017 and 2018, the deployment of most 4G cellular networks has been completed, and the deployment of 5G networks has just begun, and the demand has not been fully released. With the gradual development of 5G networks in 2020, demand will be released, and the scale of the communications market is expected to increase. The rebound.

Medical and beauty market

Includes all lasers used in ophthalmology (including refractive surgery and photocoagulation), surgery, dentistry, therapy, skin, hair removal and other cosmetic applications.

After several consecutive years of growth of more than 10% in the medical and beauty market, the growth in 2019 has slowed down, achieving a growth of 6.7%. The revenue of the medical and cosmetology market mainly comes from four market segments: cosmetology, ophthalmology, dentistry, and surgery. The driving factor of income growth is mainly from the middle class in Asia, and with the slowdown of economic growth in Eurasia, the consumption growth of this group of people in these four market segments will also slow down. It is expected that the medical and beauty market will grow in the future. Will slow down.

Research and military market

Including lasers for basic research and development, such as universities and national laboratories; and lasers for emerging and existing military applications, such as rangefinders, illuminators, infrared countermeasures, and directed energy weapon research.

In 2019, the market size of scientific research and military showed a relatively high growth trend, mainly due to the increase in China's laser expenditure for research and development. It is expected that in the future, China's scientific research laser expenditure will further increase, and the growth of military lasers will also remain high. The scale of the scientific research and military market is expected to grow steadily in 2020.

Instrument and Sensor Market

Including lasers used in biomedical instruments, analytical instruments (such as spectrometers), wafer and mask inspection tools, metrology tools, level meters, optical mice, gesture recognition, lidars, barcode readers, and other sensors.

The scale of the instrument and sensor market in 2019 was 1441 million U.S. dollars, a year-on-year increase of 12.75%. Although the scope of application of instruments and sensors in the laser market is not very large, they have relatively good growth potential and there are many market segments. Fields that are growing rapidly, such as lidar, vertical cavity surface emitting lasers (VCSEL), edge emitting laser diodes, and 3D sensing.

On the whole, the scale of the instrument and sensor market is expected to achieve further growth.

Entertainment, display and printing market

Including lasers used in light shows, games, digital cinema, front and rear projectors, micro projectors and laser pointers; also including lasers used in commercial prepress systems and photo processing; and traditional lasers used in consumers and commercials The laser in the printer.

The entertainment, display and printing market is relatively small, accounting for only 3.2% of the total global laser market, but it has maintained a growth trend from 2016 to 2019. In 2020, with the increase in the number of laser theaters in China and the growth of lasers used in televisions and projectors, it will have a favorable impact on the growth of the entertainment, display and printing markets.

The above data refers to the "China Laser Industry Market Prospect and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute. At the same time, the Qianzhan Industry Research Institute also provides solutions for industrial big data, industrial planning, industry declaration, industrial park planning, and industrial investment promotion.