Internationally, laser cutting and welding constitute the main body of sales for laser processing equipment (over 50%), and occupy the high-end market for laser processing equipment. However, in the Chinese laser processing equipment market, the market share of low-power laser marking machines exceeds 40%, while the market share of laser cutting is only about 30%, and this 30% market share is mainly occupied by foreign or joint venture laser equipment manufacturers, indicating that the market application scope of China's laser processing equipment industry and domestic laser equipment production enterprises are still in a relatively early stage of development.

In recent years, China's laser processing equipment industry has made rapid progress. In 2008, the city's scale reached 3.35 billion yuan, a year-on-year increase of 21.2%. Due to the rapid advancement of industrialization and continuous upgrading of manufacturing in China, it is expected that the laser processing equipment industry in China will continue to maintain a high-speed growth of 20% -30% in the next three years, driven by high-power and high value-added products.

The rapid growth of China's laser processing equipment industry is mainly driven by two factors, namely new demand and replacement demand. The newly added demand mainly refers to some industrial processing procedures with high technical requirements that must be completed using laser processing equipment, including laser welding, laser drilling, and laser surface heat treatment with extremely high precision requirements. With the continuous innovation of China's basic processing industry, the growth of such high-end demand will significantly accelerate. In terms of substitution demand, as China is in a critical period of upgrading its manufacturing industry, a large number of outdated production processes are facing urgent tasks of upgrading and replacing, such as high-power metal cutting and PCB laser drilling. The substitution and upgrading demand for these traditional processing equipment is an important factor for the growth rate of China's laser processing equipment industry to significantly exceed the international level.