Laser is a laser generating device and one of the core components in laser application equipment. As the core component of laser technology, lasers are strongly driven by downstream demand and have huge growth potential and broad application scenarios.
1. Definition and classification of lasers
A laser is a device that emits laser light. Laser - a device that emits laser light. Lasers can be divided into solid-state lasers, semiconductor lasers, gas lasers, liquid lasers and free electron lasers according to the gain medium.
2. Laser industry development policy
Lasers are the core components of laser equipment, and the downstream application fields of laser equipment are very wide, involving many important industrial fields such as electronic information, equipment manufacturing, communications, transportation equipment, medical equipment, aerospace, oil pipelines, and additive manufacturing. Laser technology is one of the key supporting technologies for the transformation and upgrading of my country's manufacturing industry. Therefore, the Chinese government attaches great importance to the development of the laser industry. In recent years, my country has introduced a series of relevant policies to support the development of the laser industry.
3. Laser market size
In recent years, China's laser market has maintained a growth trend. In 2020, the market size has reached US$10.91 billion, a year-on-year increase of 7.16%, accounting for 66.12% of the global laser market. The growth rate of China's laser market will accelerate in 2022, reaching US$14.74 billion. It is expected to continue to grow in 2023, with the market size reaching US$16.95 billion.
4. Laser market structure
At present, China's laser market is mainly dominated by fiber lasers. Due to the excellent performance and strong applicability of fiber lasers, the market share has increased rapidly in the past decade, accounting for 51%. The gap between semiconductor lasers, solid lasers, and gas lasers is small, accounting for 17%, 16%, and 16% respectively.