In 2017, the number of low- and medium-power laser cutting equipment sold reached 22,500 units, an increase of nearly 60% compared with 2016, and 28,000 units in 2018. And sales of high-power laser cutting equipment increased to 6,000 units in 2018.
In 2018, the sales of VCM motors for mobile terminals (mobile phones + tablets) reached 1885 M Units, an increase of 12.94% year-on-year. It is expected that the sales of VCM motors for mobile terminals worldwide will reach 2126 M Units in 2019.
By the end of 2018, there were more than 39,000 testing and certification companies in China, withan increase of about 8.66% year-on-year, and a compound growth rate of 9.70% in the past five years. Due to the participation of a large number of private companies, the industry concentration is low.