NEW RELEASE! Market size and patent data of laser marking machine industry in 2019
April 09,2020
China's laser marking machine market for the first time decline
Fiber laser marking machine is the industry with the most mature development, the lowest threshold and the most extensive application in the field of laser equipment in China. At present, the laser marking machine has been widely used in optical fiber communication, laser space long-distance communication, industrial processing, military defense security, medical equipment, large-scale infrastructure, and other fields. With the decrease in the price of laser marking machines and the extensive demand of the downstream market, the laser marking machine industry in China has entered a period of rapid development. The annual compound growth rate of the market scale of the laser marking machine in China reached 19.72% from 2014 to 2018, far beyond most of our industrial equipment industry.
By 2019, the global economic situation has reversed, economic and trade frictions have risen one after another, protectionism has become increasingly fierce, China's national economic growth has slowed down quarter by quarter, the china-us trade war has escalated, and downward pressure on the economy has continued to increase, consumer Electronics, automotive and other industries continued to negative growth, laser marking machine downstream demand slowed, while upstream CO2 lasers, fiber lasers market competition is increasing, especially in the fiber laser market, IPG, like a laser, Chuangxin laser constantly lowered shipment prices, small and medium power fiber laser market a the Red Sea, laser marking machine prices continue to fall. Under the influence of various factors, China's laser marking machine market for the first time decline in 2019, China's laser marking machine market size of 6.94 billion yuan, down 18.06%.
Guangdong Province, Jiangsu Province, Zhejiang Province, and Hubei Province are the major provinces for laser marking industry patent applications in China. From the list of patent applicants for laser marking inventions and utility models under review in China, the first five applications of the patent business family laser, Guangzhou Xinke laser, Shenzhen ailei laser, Guangzhou chuangle laser, Shenzhen Max laser all come from Guangdong Province; Jiangsu province mainly has Suzhou Saijia laser, Nanjing speed laser, Jiangsu Kuntai, and other enterprises more patent applications, Hubei Province is China laser patent applications more.
Fig. 3 the number of patent applications for invention and utility model valid and under review in each province of China
Source: LASER MARKING 2020, State Intellectual Property Office
Source: LASER MARKING 2020, State Intellectual Property Office