Overview and forecast of domestic industrial laser market

It is estimate that the global laser cutting machine market will grow by 7%-8% each year in the coming years. By 2024, it is expected to reach 2.35 billion US dollars. The demand of fiber laser cutter from European and North American countries continues to grow, which helps promote the technological advancement in fiber laser cutter. Meanwhile, the increasing demand from automobile industry, more and more competitive environment and the increasing applications of fiber laser cutter, these all stimulate the development of the Chinese market. In the past few years, Chinese fiber laser cutting machine has been leading in the global market and its market share continues to grow year by year.

From the current trend, it is estimated that in the coming 10 years, fiber laser will still be the main industrial light source, since it is very stable in performance and application. Comparing with 2019, the production value of laser cutting market increased by 15% in 2020 and domestic fiber laser source dominates in the production value. For domestic 12KW fiber laser cutters, 1500 units have been installed. 40KW domestic fiber laser cutters have already been successfully developed and sold. In the coming future, with the demand of engineering machinery increasing, the demand of fiber laser cutting machine will continue to grow.

For the time being, laser groove cutting is also a heated point. Many manufacturers begin to invest in the R&D of the laser groove cutting machine and have great success. Adding laser groove cutting function in high power laser machine can integrate cutting, welding, milling and other procedures in one machine, which dramatically improves the processing efficiency, product quality, workpiece precision and saves cost and resources and flexibly cut the special pipes.

Indeed, high power laser plays a leading role in processing area and laser cutting accounts for big market share. As fiber laser develops, laser cutting machine has become standard product. Since 2019, the cost performance of 10KW+ fiber laser cutting machine has begun to surpass plasma cutting, flame cutting in thick plate and other metal processing sectors. In the past two years, fiber laser cutting machine has been heading towards higher power, higher cutting thickness & speed, more safeness, which gradually replaces traditional cutting solutions.

There is no doubt that fiber laser cutting industry is experiencing a new round of update and transformation. In order to let this industry have more development, fiber laser cutter manufacturers need to expand the applications of the machine so that it can be adapted to different materials and different technique. It is believed that fiber laser cutter will have deeper applications in new construction, shipbuilding, aerospace, automobile, engineering machinery, medical equipment, bathroom hardware, lighting, sheet metal processing and other industries.

With fiber laser cutter becomes more and more upgraded, its accessory also needs to catch up with it. As an important accessory of fiber laser cutter, laser cooler has become more and more precise. S&A Teyu develops CWFL series laser coolers whose temperature stability ranges from ±0.3℃ to ±1℃. These laser coolers are applicable to cool 0.5KW to 20KW fiber laser cutters. If you are not sure which laser water cooler to choose, you can e-mail to [email protected] or leave a message at https://www.chillermanual.net/fiber-laser-chillers_c2

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Overview and forecast of domestic industrial laser market

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