The current domestic manufacturing environment: the overall recovery, the international manufacturing industry has entered the "optical processing" era, and the Chinese manufacturing industry "optical machining" era is rising, for the laser processing equipment market development has laid a foundation for expansion. After the epidemic in February 2020, the completed fixed asset investment in the manufacturing industry gradually picked up, and the growth rate of the laser industry is correlated with the growth of the manufacturing investment. In the latter part of the epidemic, the manufacturing industry continued to recover and the laser processing penetration rate of advanced processing equipment continued to improve the dual background, the laser equipment industry boom continues to improve.

More diversified laser processing applications To promote the development of laser industry, laser and laser equipment market scale increased year by year. Downstream laser equipment in the market segments including laser processing, laser display, laser medical, laser measurement, 3D printing and many other fields, laser processing as the main field, High power cutting welding, micro-machining, medical treatment and remote sensing are the most popular and main application scenes. In the past three years, the market share of laser marking has decreased, and the proportion of cutting welding process has increased.

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