Laser processing opens the process to replace. Laser processing is a non-contact processing, which can achieve a variety of processing purposes by adjusting the energy and moving speed of the laser beam. In special application scenarios such as high hardness, high brittleness and high melting point, the advantages of laser processing are more prominent. At present, laser pointer light processing mainly includes laser marking, laser cutting, laser welding, etc. Due to its advantages of high production efficiency, low production environment requirements and high processing precision, laser processing will gradually replace traditional plasma cutting, flame cutting and other processes. . Especially in the field of traditional metal processing, in addition to the traditional metal cutting machine tools, laser processing and traditional punching processes overlap in some application areas, and the replacement space is large in the future.
The breakthrough of localization of high-power laser pointer equipment, the cost-effective advantage highlights the import substitution. Fiber lasers are the core components and major cost sources for fiber laser equipment. In 2016, local laser companies accounted for 85% of the low-power market and nearly 60% of the mid-power market, but accounted for less than 10% of the high-power market. Compared with 2012, the price of imported medium and low power fiber lasers has exceeded 50% in 2016, but the price of high power lasers has risen steadily. Along with the continuous technological breakthroughs and product innovations of major domestic laser companies such as Ruike Laser, domestic high-power lasers have gradually covered the power range of 1000W-10KW and have made breakthroughs in higher power applications. We believe that the domestic high-power laser pointer is welcoming the inflection point of import substitution. The launch of domestic laser is expected to significantly reduce the cost of raw materials for laser equipment, and form a price shock for international giants such as IPG, thereby reducing the cost of downstream applications and stimulating the rapid increase of downstream application demand. The domestic high-power laser equipment industry is expected to replicate the development history of small and medium-power laser equipment and become a new growth pole in the laser equipment industry.
For foreign giants, local companies are accelerating to catch up. In the field of laser generators, the US IPG is still the world leader. The company has maintained rapid growth in recent years. In particular, the high-power continuous wave laser business reached US$867 million in 2017, up 50% year-on-year. However, due to fierce market competition, IPG is small and medium. The overall growth of power lasers is slow; while the business of IPG over 40% comes from the Chinese market, which objectively illustrates the huge demand in the Chinese market. In the field of laser processing equipment, TRUMPF is the global leader, with a turnover of more than 3 billion euros in 2016, but the company is The share of the Chinese market has shown a downward trend due to the rapid rise of local companies such as the big family. With the gradual improvement of the local laser pointer equipment, especially the high-power laser equipment industry chain, local enterprises occupying market and service advantages will accelerate to catch up with foreign giants.