Industrial Laser Market Statistics 2017-2021 By Type Fiber Laser, CO2 Laser, Semiconductor Laser, UV Laser, Solid-State and Disc Laser

INDIA, March 22, 2017 /PRNewswire-iReach/ -- Industrial laser as the laser light generation and output device is the foundation of laser and its application technology. In 2016, global industrial laser market was worth USD3.16 billion, up 10.2% year on year, of which, the Chinese market reported RMB3.68 billion (approximately USD560 million), increasing by 11.7% year on year and accounting for roughly 17.7% globally. With the continuous development of industrial laser technology, China will see a steadily rising proportion of the global market, expected to exceed 20% in 2021.

As concerns market structure, global industrial laser market is currently dominated by TRUMPF and IPG, which claimed a combined market share of more than 50% in 2016; Coherent saw market share grow to about 10% upon the acquisition of Rofin. In China, Han's Laser leads the industrial laser market, gaining over 45% market share in China but less than 5% globally in 2016.

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By segment, the development of laser is mainly focused on semiconductor laser, fiber laser and disc laser. In the future, ultrafast laser will also be a rapidly growing segment of the market, with global market size expected to soar from USD450 million in 2015 to around USD1.5 billion in 2021 at a CAGR of 22.2% - higher than the average growth rate of industrial laser industry.

The highlights in the industrial laser market in 2016 are listed as follows:

First, the continuation of M&A and reorganization boom in 2015. As the industrial laser market competition becomes fiercer, domestic and foreign companies have improved market competitiveness through the means such as M&A and reorganization. In the Chinese market, Chutian Laser was incorporated with Unity Laser in March 2016 for further increasing market share; Han's Laser bought a Canadian special optical fiber company named CorActive High-Tech Inc. in November 2016 to expand upstream raw material industries of fiber laser. In the international market, Coherent reported a further rise in high-end product market share through the acquisition of Rofin in October 2016.

Second, the rapid development of laser display market. In 2016, global micro-processing market grew at a pace of more than 50% and the proportion of demand grew to 35% or so, mainly owing to the further increased proportion of demand for excimer laser in laser micro-processing market with the rising of laser TV and mini laser projector.

Third, China's continuous breakthroughs in fiber laser technology barriers. The successful development of 10000W laser fiber in 2013 reduced imported products' price from RMB5 million per unit to RMB3 million or more per unit. In 2016, 12000W fiber laser and 20000W fiber laser came out in succession, which brought another slump in the import price of related products.

Fourth, extreme ultraviolet laser development boosted by EUV. Currently, EUV technology is advancing towards mass production and application, resulting in constant improvement in the productivity and availability of extreme ultraviolet laser equipment. Therefore, more semiconductor companies have begun to order EUV extreme ultraviolet lasers.

The report focuses on the following aspects:

• Definition, classification, technical status and industrial chain of industrial laser.
• Market size, market structure, application status and competitive landscape of global industrial laser industry.
• Development environment, development status, market size, market structure, competitive landscape, import & export, market price and trends of China industrial laser industry.
• Overview, market size, application status and competitive landscape of industrial laser market segments e.g. CO2 laser, solid-state laser, fiber laser.
• Laser processing equipment market size, corporate pattern, segments, etc.
• Operation, industrial laser business, etc. of 10 foreign and 13 Chinese industrial laser manufacturers.

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Major Points from Table of Contents

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 Industries 

6 Laser Processing Equipment Market

7 Main Foreign Industrial Laser Manufacturers

8 Major Chinese Industrial Laser Manufacturers

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