Analysis of the Laser Cutting Machine Industry in 2024

As an efficient, precise and flexible cutting solution, laser cutting machines are gradually replacing traditional machine tool processing and are being used in a wider range of fields. Also, they have broad market prospects and strong growth momentum. In the future, with the continuous advancement of technology and the continuous development of the market, the laser cutting machine industry will meet more opportunities and challenges.

 Introduction of laser cutting machine

The laser cutting machine focuses the laser emitted from the laser generator into a high-power density laser beam through the optical path system. The laser beam irradiates the surface of the workpiece, causing the workpiece to reach the melting point or boiling point, and at the same time, the high-pressure gas coaxial with the beam blows away the molten or vaporized metal. As the relative position of the beam and the workpiece moves, the material is eventually cut, thereby achieving the purpose of cutting.

The laser cutting machine is a device that uses laser technology to cut materials. It focuses a high-energy laser beam on the workpiece, causing the local area to quickly heat up and melt or vaporize, thereby achieving precise cutting of the material.

Laser Cutting Machine Industry Overview

In recent years, with the rapid development of the manufacturing industry and the continuous advancement of laser technology, the market size of the laser cutting machine industry has continued to grow. In 2023, the market size of China's laser cutting equipment exceeded 30 billion yuan, a year-on-year increase of 7.1%. Laser cutting machine industry analysis predicts that in 2024, the market size of China's laser cutting equipment will further increase to 36.85 billion yuan. This shows that the laser cutting machine industry has broad market prospects and strong growth momentum.

The laser cutting machine industry analysis mentioned that the upstream of the laser cutting machine industry chain mainly includes the production and supply of key components such as lasers, optical components, mechanical systems, and numerical control systems. The midstream is the assembly and manufacturing of laser cutting machines, including the design, production, and debugging of the whole machine. The downstream is the application field of laser cutting machines, such as automobiles, aerospace, machinery manufacturing, electronic appliances, and medical equipment.

The competition pattern of the laser cutting machine industry is relatively scattered, and there are many domestic and foreign brands in the market. Domestic brands such as Han's Laser and Huagong Technology have strong competitiveness in the field of laser cutting machines. Foreign brands such as TRUMPF and IPG also occupy a certain market share in the Chinese market. There are differences between brands in terms of product quality, technical level, after-sales service, etc., and market competition is becoming increasingly fierce.

Laser cutting machine Industry Prospects

With the advancement of laser source technology, the power of laser cutting machines has been continuously improved, especially fiber laser cutting machines, which can cut thicker materials and meet higher-end industrial needs. At the same time, the beam quality of laser cutting machines has also been improved, the cutting accuracy has been further improved, and the cutting surface has become smoother. Laser cutting machines are no longer limited to metal cutting. With the continuous evolution of technology, laser cutting machines have begun to have more diverse functions, including marking, welding, punching, etc., and are gradually developing in the direction of multi-station and multi-function. In this way, laser cutting machines can provide users with more comprehensive solutions.

In the future, with the diversification of market demand, laser cutting machines will gradually develop towards the market segments. Enterprises can provide customized laser cutting solutions according to different industries and different production needs. At the same time, the versatility and intelligence of equipment will become an important direction for the development of the industry. In the context of promoting green and low-carbon development globally, laser cutting machines, as an efficient and environmentally friendly processing tool, will become an important advantage in market promotion due to their energy-saving and low-emission characteristics. Enterprises will pay more attention to environmental factors such as energy consumption and waste disposal of laser cutting machines.

With the advent of Industry 4.0, laser cutting machines will gradually be integrated into intelligent manufacturing systems to realize intelligent production and remote monitoring. Enterprises will optimize the production process through intelligent control systems, improve production efficiency and quality, and promote the entire manufacturing industry to develop in a more automated and precise direction.

In general, the laser cutting machine industry has a bright future. With the continuous innovation of technology and the continuous expansion of application needs, laser cutting technology will play a more important role in the future manufacturing industry. From the current market demand and development trend, laser cutting machines will have greater application opportunities in more fields.