The “Price War” in the laser industry intensifies the differentiation of the industry, and several new growth points can be expected
Shanghai Securities News China Securities Network News (Reporter Ruan Xiaoqin) Information came out from the China Laser Technology Innovation Industry Conference held in Mianyang, Sichuan recently. or unsustainable. At the same time, the subdivision tracks such as laser welding, vehicle radar and optical communication are promising in the future.
The above-mentioned meeting was jointly sponsored by the Optical Society of China and the National Laser Processing Industry Technology Innovation Strategic Alliance.
This year's laser equipment revenue may increase by more than 6% year-on-year
Laser is another major invention of mankind after atomic energy, computer and semiconductor. China's laser technology and industry have entered the international leading ranks. At present, China's laser equipment sales account for more than 60% of the world.
The Wuhan Literature and Information Center of the Chinese Academy of Sciences has long studied the development of the industry. Ye Mao, Director of the Center's Regional Development and Industry Intelligence Department, made a report on "Analysis and Prospect of China's Laser Industry Development Situation" at the meeting. The report shows that due to the impact of the epidemic, the growth rate of sales revenue in my country's laser equipment market is expected to decline this year, but it will continue to rise and will reach 87.6 billion to 90 billion yuan, a year-on-year increase of 6.7%-9.6%.
In recent years, fiber lasers, the core components of laser equipment, have continued to engage in price wars. In 2022, the “price war” will have a profound impact on the profits of industry leaders. In the third quarter of this year, Raycus, the largest laser manufacturer in China, had a net profit of 5.253 million yuan after deducting non-existing expenses, a year-on-year decrease of 96.09%.
As profits approach the edge of profit and loss, the high-end market of foreign manufacturers is constantly being seized by Chinese companies. In the first three quarters, the global laser leader IPG’s revenue in the Chinese market fell by 14%.
In terms of the segmented application market of laser equipment, this year, China's laser cutting equipment shipments have grown rapidly, brand manufacturers have made great efforts to export, and the international market has blossomed. However, dragged down by falling prices, Ye Mao predicts that the sales revenue of laser cutting equipment will exceed 30 billion yuan this year, a year-on-year increase of 7.1%.
In addition, in recent years, the application of laser welding in fine micro-processing fields such as power batteries, automobiles, and consumer electronics has increased significantly. The above report shows that the sales revenue of China's laser welding equipment market will exceed 8 billion yuan this year, an increase of about 20%.
