DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global and China Industrial Laser Industry Report, 2017-2021" report to their offering.
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.
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.
Key Topics Covered:
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
- Access Laser
- Beijing GK Laser Technology
- Daheng New Epoch Technology
- Han's Laser
- Huagong Tech
- NKT Photonics
- SkyEra Laser Technologies
- Suzhou Tianhong Laser
- Wuhan Co-Walking Laser Tech.
- Wuhan Golden Laser
- Wuhan Raycus Fiber Laser Technologies
- Xi'an Sino-Meiman Laser Tech.
For more information about this report visit http://www.researchandmarkets.com/research/krgn2q/global_and_china