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Research and Markets: Market Study Estimates China Industrial Lasers Market Worth Around RMB 11 Bn in 2010 - Market Expansion to Continue
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets(http://www.researchandmarkets.com/research/838204/assessment_of_chin) has announced the addition of the "Assessment of China's Market for Industrial Lasers" report to their offering.
The domestic industrial lasers market in China is valued at approximately RMB 11 Bn in revenues as of year-end 2010, according to a recently published GCiS study. This study focuses on domestic sales of three major types of lasers: solid state, gas and semiconductor. The market grew by approximately 25% in 2010. Improvements in user-friendliness, a growth in applications and increases in downstream industries such as photovoltaic manufacturing are driving this growth. Solid state lasers are the most widely sold technology. This is due to the large quantities of lower spec lasers that domestic suppliers are producing. Gas lasers are also prominently produced, with CO2 lasers making up the bulk of this supply.
But downstream overcapacity threatens to inhibit this growth. Lasers are beneficial in reducing batch downtimes. But where factories are 20-30% underutilized, there don't have the time and space constraints that justify spending the hundreds of thousands of RMB that a laser costs. Customers in China are also put off by these high price tags, especially as lasers have to compete against ultra cheap substitutes such as welding.
Nevertheless, lasers are helping local manufacturers by introducing higher quality and precision into value chain. One supplier interviewed by GCiS claimed that we are entering a golden age for industrial lasers in China.
Companies Mentioned:
- Han's Laser- Chutian Laser- Coherent- Huagong- Unity-prima- Rofin-Baasel- GSIIPG- Trumpf- Wuhan Zhongtai- Spectra-physics- Universal- AoHua- EKSPLA- Wuhan SintecFor more information visit http://www.researchandmarkets.com/research/838204/assessment_of_chin
CONTACT:
Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).
(c) 2012 M2 COMMUNICATIONS
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