GCiS Market Study Estimates China Industrial Lasers Market Worth Around RMB 11 Bn in 2010 – Market Expansion to Continue
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.
Beijing, China, April 13, 2011 --(PR.com)-- The study finds that 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, they 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 the value chain. One supplier interviewed by GCiS claimed that “we are entering a golden age for industrial lasers in China.”
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About the GCIS China Industrial Lasers Materials Study
This GCiS market study (http://www.gcis.com.cn/Research/Industrial Lasers.html) draws on a three month, in-depth primary survey of over 65 of the market’s supply side, channel players and end-users. It is essential reading for any professional needing accurate and detailed strategic information on this market. Major areas covered include: market size and shares, five-year projections, market structure, pricing trends, distribution, consumption, an assessment of key suppliers and more.
About GCiS China Strategic Research
GCiS is a China-based market research and advisory firm focused on business to business markets. Since 1997, GCiS has been working with leading multinationals such as Siemens and GE in sectors ranging from technology to industrial markets, medical, chemicals, resources, and a few others.
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, they 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 the value chain. One supplier interviewed by GCiS claimed that “we are entering a golden age for industrial lasers in China.”
###
About the GCIS China Industrial Lasers Materials Study
This GCiS market study (http://www.gcis.com.cn/Research/Industrial Lasers.html) draws on a three month, in-depth primary survey of over 65 of the market’s supply side, channel players and end-users. It is essential reading for any professional needing accurate and detailed strategic information on this market. Major areas covered include: market size and shares, five-year projections, market structure, pricing trends, distribution, consumption, an assessment of key suppliers and more.
About GCiS China Strategic Research
GCiS is a China-based market research and advisory firm focused on business to business markets. Since 1997, GCiS has been working with leading multinationals such as Siemens and GE in sectors ranging from technology to industrial markets, medical, chemicals, resources, and a few others.
Contact
GCiS China Strategic Research
Edward Barlow
+86 (0) 10 59789950
www.gcis.com.cn
Edward Barlow
+86 (0) 10 59789950
www.gcis.com.cn
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