China Fiber Laser Industry Report-Price reduction and import substitution are two major trends

Publish Date: July 2020
Language:Chinese,English
Number of Pages: 118
Delivery: Email with PDF file


Summary

In 2015, China replaced Europe as the largest consumer market for lasers, with the market size increasing to approximately $2.8 billion, accounting for approximately 29% of the global market. It is estimated that by 2025, China’s laser market will reach $3.5 billion, with a compound annual growth rate of 16%.

At present, China’s fiber laser industry is in a stage of rapid growth. The technical threshold of ordinary low-power fiber lasers is relatively low, and the market share of domestic low-power fiber lasers has exceeded 97%. In the medium-power fiber laser market, the localization rate has increased rapidly, and the market share of domestic enterprises has increased from 17% in 2013 to 54% in 2017.  High-power fiber lasers are currently dominated by well-known fiber laser companies in Europe and the United States due to their high technical threshold. Some domestic products have been sold, and the market share of domestic enterprises has increased from 1% in 2013 to 9% in 2017. 

The fiber laser market is highly concentrated. In 2018, R3 accounted for 75% of the market share, among which IPG accounted for 49%, Ruike Laser 17%, and Chuangxin Laser 9%.  IPG still monopolizes the Chinese market in the ultra-high power market of 6kw and above, with a market share of 52% and 51% in 2017 and 2018, respectively. Raycus Laser is rapidly occupying the share of IPG in the 3kw and 6kw power segments, completing small batch delivery at 12kw and completing acceptance at 20kw. Max Photonics lasers are mainly pulse lasers and fiber lasers above 2kw.

Fiber laser price reduction and import substitution are two major trends in the Chinese market, and it accelerates the promotion of downstream applications. Over the past two years, the average price of lasers with the same power has been kept at a price reduction of 20% – 30% every year.  Domestic laser and IPG laser products with the same power basically have a price Spread of 20% – 40%.

As low- and medium-power lasers have basically completed domestic substitution and the price of lasers has further decreased. The space for further reductions in the prices of low- and medium-power lasers is already relatively limited. At present, the power segment with the most drastic price reduction has been increased from 2kw and 3kw to the power stage of 6kw and above. The price war will continue to deteriorate and affect the gross profit margin of laser companies

After this round of price war, the economics of laser cutting, laser welding, laser cleaning and laser cladding as representative of laser application scenarios have become more obvious.

For industry chain, the report comprehensively analyzes the localization rate, self-production cost, purchase cost and future cost reduction space of the core components (pump source/chip assembly, fiber, fiber grating, beam combiner, etc.) in the fiber laser. The high-power devices of domestic lasers still rely on imports. The increase in tariffs caused by Sino-US trade frictions also has a certain impact on costs.

The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Fiber Laser market report include development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

The report focuses on China major leading industry players providing information such as company profiles, product picture and specification, Production, price, revenue and contact information. The Fiber Laser industry development trends are analyzed.

 

Frequency, Time Period

2014– 2019 base years

5-year annual forecast (2020 – 2025)

 

Measures

Sales (Domestic and Imported Products), Revenue, and Price

 

On the basis of Laser Power, this report displays the production (K Units), revenue ( Million USD), price(USD/Unit), market share and growth rate of each type, primarily split into

High Power >1000W

Mid Power 100-1000W

Low Power 0-100W

 

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, production (K Units), revenue(Million USD), price (UDS/Unit), market share and growth rate for each application, including

Laser Cutting

Laser Welding

 

On the basis on Manufacturer, this report focuses on the status and outlook for major Manufacturer, production (K Units), revenue (Million USD), price (UDS/Unit), Gross Margin, market share, growth rate, product and facilities information for main Manufacturer.

IPG

相干 Coherent

锐科激光 Raycus Laser

创鑫激光 Max Photonics

杰普特 JPT

飞博 Fiber Technology

联品激光 Shenzhen Super Laser

海富光子 Hfb Photonics

恩耐 nLIGHT

通快 Trumpf

 

Key Questions Addressed by the Report:

How had the developments undertaken by various companies expected to affect the Fiber Laser market in the mid- to long-term?

What are the drivers, restraints, opportunities, and challenges for the Fiber Laser market?

What is the estimated size of the Fiber Laser market in 2020?

Fiber laser price reduction and import substitution are two major trends in the Chinese market

The localization rate and cost reduction space of core components in fiber lasers.

 

Customization

We can offer customization in the report without any extra charges and get research data or trends added in the report.

Table of Contents


1 China Fiber Laser Industry Overview 2
1.1 Fiber Laser Product Overview 2
          Figure Fiber Laser Product Picture 2
1.2 Product Scope of Fiber Laser 3
1.2.1 Product Classification of Fiber Laser 3
         Table Classification of Fiber Laser by Type 3
          Figure China Market Share of Fiber Laser by Type in 2019 3
1.2.2 Product Application of Fiber Laser 4
         Table Application of Fiber Laser 4
         Figure China Market Share of Fiber Laser by Application in 2019 4
1.3 China Development Status of Fiber Laser Industry 5
         Table Laser Industry Policy List 5
         Table China Fiber Laser Production, Revenue and Price 2015-2020 6
         Figure China Fiber Laser Production and Growth Rate 2015-2020 6
         Figure China Fiber Laser Revenueand Growth Rate 2015-2020 7
         Figure China Fiber Laser Price 2015-2020 7

2 China Fiber Laser Industry Competitive landscape by Company 9
2.1 China Fiber Laser Production and Market Share of Vrious Cmpanies 2015-2020 9
         Table China Fiber Laser Production of Vrious Cmpanies 2015-2020 9
         Table China Fiber Laser Production Share (%) of Vrious Cmpanies 2015-2020 9
         Figure China Fiber Laser Production Share (%) of Vrious Cmpanies in 2019 9
2.2 China Fiber Laser Revenue and Share of Vrious Cmpanies 2015-2020 11
         Table China Fiber Laser Revenue of Vrious Cmpanies 2015-2020 11
         Table China Fiber Laser Revenue Share (%) of Vrious Cmpanies 2015-2020 11
         Figure China Fiber Laser Revenue Share (%) of Vrious Cmpanies in 2019 11
2.3 China Fiber Laser Prices and Trends of Vrious Cmpanies 2015-2020 12
         Table China Market Fiber Laser Price of Vrious Cmpanies 2015-2020 12
         Figure China Fiber Laser Price of Vrious Cmpanies in 2019 12
         Figure China Fiber Laser Price Canging Tends of Vrious Companies 2015-2020 12

3 China Fiber Laser Industry Segment by Power 13
3.1 China Fiber Laser Production, Revenue and Price by Power 13
3.1.1 China Fiber Laser Production and Market Share by Power 2015-2020 13
         Table China Fiber Laser Production by Power 2015-2020 13
         Table China Fiber Laser Production Market Share (%) by Power 2015-2020 13
         Figure China Fiber Laser Production Market Share (%) by Power 2019 14
3.1.2 China Fiber Laser Revenue and Market Share by Power 2015-2020 15
         Table China Fiber Laser Revenue by Power 2015-2020 15
         Table China Fiber Laser Revenue Market Share (%) by Power 2015-2020 15
         Figure China Fiber Laser Revenue Market Share (%) by Power 2019 16
3.1.3 China Fiber Laser Price and Growth Rate by Power 2015-2020 17
         Table China Fiber Laser Price by Power 2015-2020 17
         Table China Fiber Laser Price Growth Rate by Power 2015-2020 17
         Figure China Fiber Laser Price by Power 2015-2020 18
         Figure China Fiber Laser Price Growth Rate by Power 2015-2020 18
3.2 High Power Fiber Laser 19
3.2.1 High Power Fiber Laser Production, Revenue and Price 19
         Table High Power Fiber Laser Production, Revenue and Price 2015-2020 19
         Figure High Power Fiber Laser Production, China Market Share and Growth Rate 2015-2020 19
         Figure High Power Fiber Laser Revenue, China Market Share and Growth Rate 2015-2020 20
         Figure High Power Fiber Laser Price and Growth Rate 2015-2020 20
3.2.2 High Power Fiber Laser Production, Revenue and Price Segment by Domestic and Imported 21
         Table High Power Fiber Laser Production by Domestic and Imported 2015-2020 21
         Figure High Power Fiber Laser Production by Domestic and Imported 2015-2020 21
         Table High Power Fiber Laser Revenue by Domestic and Imported 2015-2020 22
         Figure High Power Fiber Laser Revenue by Domestic and Imported 2015-2020 22
         Table High Power Fiber Laser Price by Domestic and Imported 2015-2020 22
         Figure High Power Fiber Laser Price Trends by Domestic and Imported 2015-2020 22
3.3 Mid Power Fiber Laser 23
3.3.1 Mid Power Fiber Laser Production, Revenue and Price 23
         Table Mid Power Fiber Laser Production, Revenue and Price 2015-2020 23
         Figure Mid Power Fiber Laser Production, China Market Share and Growth Rate 2015-2020 23
         Figure Mid Power Fiber Laser Revenue, China Market Share and Growth Rate 2015-2020 24
         Figure Mid Power Fiber Laser Price and Growth Rate 2015-2020 24
3.3.2 Mid Power Fiber Laser Production, Revenue and Price Segment by Domestic and Imported 25
         Table Mid Power Fiber Laser Production by Domestic and Imported 2015-2020 25
         Figure Mid Power Fiber Laser Production by Domestic and Imported 2015-2020 25
         Table Mid Power Fiber Laser Revenue by Domestic and Imported 2015-2020 26
         Figure Mid Power Fiber Laser Revenue by Domestic and Imported 2015-2020 26
         Table Mid Power Fiber Laser Price by Domestic and Imported 2015-2020 26
         Figure Mid Power Fiber Laser Price Trends by Domestic and Imported 2015-2020 26
3.4 Low Power Fiber Laser 27
3.4.1 Low Power Fiber Laser Production, Revenue and Price 27
         Table Low Power Fiber Laser Production, Revenue and Price 2015-2020 27
         Figure Low Power Fiber Laser Production, China Market Share and Growth Rate 2015-2020 27
         Figure Low Power Fiber Laser Revenue, China Market Share and Growth Rate 2015-2020 28
         Figure Low Power Fiber Laser Price and Growth Rate 2015-2020 28
3.4.2 Low Power Fiber Laser Production, Revenue and Price Segment by Domestic and Imported 29
         Table Low Power Fiber Laser Production by Domestic and Imported 2015-2020 29
         Figure Low Power Fiber Laser Production by Domestic and Imported 2015-2020 29
         Table Low Power Fiber Laser Revenue by Domestic and Imported 2015-2020 30
         Figure Low Power Fiber Laser Revenue by Domestic and Imported 2015-2020 30
         Table Low Power Fiber Laser Price by Domestic and Imported 2015-2020 30
         Figure Low Power Fiber Laser Price Trends by Domestic and Imported 2015-2020 30

4 China Fiber Laser Industry Segment by Applications 32
4.1 China Fiber Laser Production, Revenue and Price by Applications 32
4.1.1 China Fiber Laser Production and Market Share by Applications 2015-2020 32
         Table China Fiber Laser Production by Applications 2015-2020 32
         Table China Fiber Laser Production Market Share (%) by Applications 2015-2020 32
         Figure China Fiber Laser Production Market Share (%) by Applications 2015-2020 33
         Figure China Fiber Laser Production Market Share (%) by Applications 2019 33
4.1.2 China Fiber Laser Revenue and Market Share by Applications 2015-2020 34
         Table China Fiber Laser Revenue by Applications 2015-2020 34
         Table China Fiber Laser Revenue Market Share (%) by Applications 2015-2020 34
         Figure China Fiber Laser Revenue Market Share (%) by Applications 2015-2020 35
         Figure China Fiber Laser Revenue Market Share (%) by Applications 2019 35
4.1.3 China Fiber Laser Price and Growth Rate by Applications 2015-2020 36
         Table China Fiber Laser Price by Applications 2015-2020 36
         Table China Fiber Laser Price Growth Rate by Applications 2015-2020 36
         Figure China Fiber Laser Price by Applications 2015-2020 37
         Figure China Fiber Laser Price Growth Rate by Applications 2019 37
4.2 Laser Cutting Market Analysis 38
4.3 Laser Welding Market Analysis 40

5 China Fiber Laser Industry Chain Analysis 42
5.1 China Fiber Laser Industry Chain Structure 42
         Figure China Fiber Laser Industry Chain Structure 2020 43
5.2 List of Laser Core Components Suppliers 43
         Table List of Laser Core Components Suppliers 2020 43

6 Cost and Reduction Space Analysis of Chinese Fiber-Optic Laser Manufacturer 45
6.1 Raw Material Analysis 45
6.1.1 Raw Material Cost Structure 45
         Figure China Fiber Laser Raw Material Cost Structure 2020 45
6.1.2 Pump Source/Chip Assembly 45
         Figure China Pump Source/Chip Assembly Localization Rate 45
         Table China Pump Source/Chip Assembly Major suppliers 45
6.1.3 Optical fiber 46
         Figure China Optical fiber Localization Rate 46
         Table China Optical fiber Major suppliers 46
6.1.4 Fiber Grating 47
         Figure China Fiber Grating Localization Rate 47
         Table China Fiber Grating Major suppliers 47
6.1.5 Beam Combiner 48
         Figure China Beam Combiner Localization Rate 48
         Table China Beam Combiner Major suppliers 48
6.1.6 Laser Crystal 49
         Figure China Laser Crystal Localization Rate 49
         Table China Laser Crystal Major suppliers 49
6.1.7 Laser Output 50
         Figure China Laser Output Localization Rate 50
         Table China Laser Output Major suppliers 50
6.1.8 Laser Isolator 51
         Figure China Laser Isolator Localization Rate 51
         Table China Laser Isolator Major suppliers 51
6.2 Cost savings due to Scale Economies Effect 52
6.3 Tariff: Parts Cost Vs Laser Price 53

7 China Fiber Laser Market Trends 54
7.1 Price Reduction 54
         Figure The Price Trend of Each Power Fiber Laser 54
         Figure Comparison of IPG Imported Fiber Laser Prices with Different Powers 2010 Vs 2019 54
         Figure IPG、Raycus Laser、Max Photonics—Maintain a 20% Spread Magnitude 55
7.2 Import Substitution 55
         Figure Domestic Fiber Laser Market Share Changes 2015-2020 55

8 China Fiber Laser Industry Forecast 2020 – 2025 56
8.1 China Fiber Laser Production, Revenue and Price 2020 – 2025 56
         Table China Fiber Laser Production, Revenue and Price Forecast 2020 – 2025 56
         Figure China Fiber Laser Production and Growth Rate Forecast 2020 – 2025 56
         Figure China Fiber Laser Revenueand Growth Rate Forecast 2020 – 2025 57
         Figure China Fiber Laser Price Forecast 2020 – 2025 57
8.2 China Fiber Laser Production, Revenue and Price Forecast by Domestic and Imported 58
         Table China Fiber Laser Production Forecast by Domestic and Imported 2020 – 2025 58
         Figure China Fiber Laser Production Forecast by Domestic and Imported 2020 – 2025 58
         Table China Fiber Laser Revenue Forecast by Domestic and Imported 2020 – 2025 59
         Figure China Fiber Laser Revenue Forecast by Domestic and Imported 2020 – 2025 60
         Table China Fiber Laser Price Forecast by Domestic and Imported 2020 – 2025 60
         Figure China Fiber Laser Price Forecast by Domestic and Imported 2020 – 2025 60
8.3 China Fiber Laser Production, Revenue and Price by Types 61
         Table China Fiber Laser Production Forecast by Types 2020 – 2025 61
         Figure China Fiber Laser Production Forecast by Types 2020 – 2025 61
         Table China Fiber Laser Revenue Forecast by Types 2020 – 2025 62
         Figure China Fiber Laser Revenue Forecast by Types 2020 – 2025 62
         Table China Fiber Laser Price Forecast by Types 2020 – 2025 63
         Figure China Fiber Laser Price Forecast by Types 2020 – 2025 63
8.4 China Fiber Laser Production, Revenue and Price by Applications 64
         Table China Fiber Laser Production Forecast by Applications 2020 – 2025 64
         Figure China Fiber Laser Production Forecast by Applications 2020 – 2025 64
         Table China Fiber Laser Revenue Forecast by Applications 2020 – 2025 65
         Figure China Fiber Laser Revenue Forecast by Applications 2020 – 2025 65
         Table China Fiber Laser Price Forecast by Applications 2020 – 2025 66
         Figure China Fiber Laser Price Forecast by Applications 2020 – 2025 66

9 Key Manufacturers Analysis of Fiber Laser Industry 67
9.1 IPG 67
9.1.1 Company Profile 67
         Table IPG Information List 67
9.1.2 Product Analysis 67
         Table IPG Product Analysis 67
         Figure Fiber Laser Picture and Specifications of IPG 67
9.1.3 Production, Revenue and Gross Analysis 68
         Table Fiber Laser Production, Revenue and Price of IPG 2015-2020 68
         Figure Fiber Laser Production, China Market Share and Growth Rate of IPG 2015-2020 68
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of IPG 2015-2020 69
         Figure Fiber Laser Price and Growth Rate of IPG 2015-2020 69
9.2 Coherent 70
9.2.1 Company Profile 70
         Table Coherent Information List 70
9.2.2 Product Analysis 70
         Table Coherent Product Analysis 70
         Figure Fiber Laser Picture and Specifications of Coherent 70
9.2.3 Production, Revenue and Gross Analysis 71
         Table Fiber Laser Production, Revenue and Price of Coherent 2015-2020 71
         Figure Fiber Laser Production, China Market Share and Growth Rate of Coherent 2015-2020 71
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of Coherent 2015-2020 72
         Figure Fiber Laser Price and Growth Rate of Coherent 2015-2020 72
9.3 Raycus Laser 73
9.3.1 Company Profile 73
         Table Raycus Laser Information List 73
9.3.2 Product Analysis 73
         Table Raycus Laser Product Analysis 73
         Figure Fiber Laser Picture and Specifications of Raycus Laser 73
9.3.3 Production, Revenue and Gross Analysis 74
         Table Fiber Laser Production, Revenue and Price of Raycus Laser 2015-2020 74
         Figure Fiber Laser Production, China Market Share and Growth Rate of Raycus Laser 2015-2020 74
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of Raycus Laser 2015-2020 75
         Figure Fiber Laser Price and Growth Rate of Raycus Laser 2015-2020 75
9.4 Max Photonics 76
9.4.1 Company Profile 76
         Table Max Photonics Information List 76
9.4.2 Product Analysis 76
         Table Max Photonics Product Analysis 76
         Figure Fiber Laser Picture and Specifications of Max Photonics 76
9.4.3 Production, Revenue and Gross Analysis 77
         Table Fiber Laser Production, Revenue and Price of Raycus Laser 2015-2020 77
         Figure Fiber Laser Production, China Market Share and Growth Rate of Max Photonics 2015-2020 77
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of Max Photonics 2015-2020 78
         Figure Fiber Laser Price and Growth Rate of Max Photonics 2015-2020 78
9.5 JPT 79
9.5.1 Company Profile 79
         Table JPT Information List 79
9.5.2 Product Analysis 79
         Table JPT Product Analysis 79
         Figure Fiber Laser Picture and Specifications of JPT 79
9.5.3 Production, Revenue and Gross Analysis 80
         Table Fiber Laser Production, Revenue and Price of JPT 2015-2020 80
         Figure Fiber Laser Production, China Market Share and Growth Rate of JPT 2015-2020 80
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of JPT 2015-2020 81
         Figure Fiber Laser Price and Growth Rate of JPT 2015-2020 81
9.6 Fiber Technology 82
9.6.1 Company Profile 82
         Table Fiber Technology Information List 82
9.6.2 Product Analysis 82
         Table Fiber Technology Product Analysis 82
         Figure Fiber Laser Picture and Specifications of Fiber Technology 82
9.6.3 Production, Revenue and Gross Analysis 83
         Table Fiber Laser Production, Revenue and Price of Fiber Technology 2015-2020 83
         Figure Fiber Laser Production, China Market Share and Growth Rate of Fiber Technology 2015-2020 83
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of Fiber Technology 2015-2020 84
         Figure Fiber Laser Price and Growth Rate of Fiber Technology 2015-2020 84
9.7 Shenzhen Super Laser 85
9.7.1 Company Profile 85
         Table Shenzhen Super Laser Information List 85
9.7.2 Product Analysis 85
         Table Shenzhen Super Laser Product Analysis 85
         Figure Fiber Laser Picture and Specifications of Shenzhen Super Laser 85
9.7.3 Production, Revenue and Gross Analysis 86
         Table Fiber Laser Production, Revenue and Price of Shenzhen Super Laser 2015-2020 86
         Figure Fiber Laser Production, China Market Share and Growth Rate of Shenzhen Super Laser 2015-2020 86
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of Shenzhen Super Laser 2015-2020 86
         Figure Fiber Laser Price and Growth Rate of Shenzhen Super Laser 2015-2020 87
9.8 Hfb Photonics 88
9.8.1 Company Profile 88
         Table Hfb Photonics Information List 88
9.8.2 Product Analysis 88
         Table Hfb Photonics Product Analysis 88
         Figure Fiber Laser Picture and Specifications of Hfb Photonics 88
9.8.3 Production, Revenue and Gross Analysis 89
         Table Fiber Laser Production, Revenue and Price of Hfb Photonics 2015-2020 89
         Figure Fiber Laser Production, China Market Share and Growth Rate of Hfb Photonics 2015-2020 89
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of Hfb Photonics 2015-2020 89
         Figure Fiber Laser Price and Growth Rate of Hfb Photonics 2015-2020 90
9.9 nLIGHT 91
9.9.1 Company Profile 91
         Table nLIGHT Information List 91
9.9.2 Product Analysis 91
         Table nLIGHT Product Analysis 91
         Figure Fiber Laser Picture and Specifications of nLIGHT 92
9.9.3 Production, Revenue and Gross Analysis 93
         Table Fiber Laser Production, Revenue and Price of Hfb Photonics 2015-2020 93
         Figure Fiber Laser Production, China Market Share and Growth Rate of nLIGHT 2015-2020 93
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of nLIGHT 2015-2020 93
         Figure Fiber Laser Price and Growth Rate of nLIGHT 2015-2020 94
9.10 Trumpf 95
9.10.1 Company Profile 95
         Table Trumpf Information List 95
9.10.2 Product Analysis 95
         Table Trumpf Product Analysis 95
         Figure Fiber Laser Picture and Specifications of Trumpf 96
9.10.3 Production, Revenue and Gross Analysis 96
         Table Fiber Laser Production, Revenue and Price of Trumpf 2015-2020 96
         Figure Fiber Laser Production, China Market Share and Growth Rate of Trumpf 2015-2020 96
         Figure Fiber Laser Revenue, China Market Share and Growth Rate of Trumpf 2015-2020 97
         Figure Fiber Laser Price and Growth Rate of Trumpf 2015-2020 97

10 Research Findings and Conclusion 98

11 Research Method of China Fiber Laser Industry Report 2020 99

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