Assessment of China's Market for Industrial Lasers
BEIJING- April 11, 2010 – 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.”
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.
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.”
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.
I. INTRODUCTION
LPS Overview
Sections of the Study
Sampling
Figure 1.1: Total Sampling by Target Group
Supplier Sampling
Figure 1.2: Index of Size Breakdown Scheme
Figure 1.3: Proportion of Suppliers in Sample, by Category
Channel Players Sampling & Segmentation Definition
Sampling – Suppliers and Distributors
Figure 1.4: Supplier Sample Representation
Figure 1.5: Channel Player Sample Representation
Product Definitions
End-user Industry Definitions
CHAPTER 2: TOTAL ANALYSIS
Executive Summary
Market in Sum
Figure 2.1: Summary of Key Market Figures- Industrial Lasers (2010)
Figure 2.2: Market Size and Share by Industry
Figure 2.3: Key Benchmark Data
Figure 2.4: Snapshot of Key Market Entry Issues
Key Findings
Market Drivers and Inhibitors
Figure 2.5: Drivers and Inhibitors – Chart
Regulatory Factors
Figure 2.6: Relevant Government Bodies and Non-Government Associations
Opportunities in Target Market
Figure 2.7: GCiS China Market Opportunities Assessment (by Market Segment)
Figure 2.8: Market Opportunities for Foreign / Quality Suppliers by Industry
Figure 2.9: Opportunities Ratings, by Industry (1 to 10, with 10 highest)
Figure 2.10: Product Opportunities for Foreign/Quality Suppliers
Figure 2.11: Opportunity Qualitative & Quantitative Assessment –Industrial Lasers
Corporate and Regulatory News
Figure 2.12: Upcoming Events
Expert Views
Recommendations
II. MARKET FIGURES
Key Findings
Market Figures Overview
Figure 2.13: Industrial Lasers Market Segmentation - 2010
Figure 2.14: Summary of Market Size Figures (Mn RMB) by Application
Supply-end Market Outlook
Figure 2.15: Percentage of Market Revenues by Industrial Lasers – Chart
Figure 2.16: Domestic and Export Revenue Breakdown (Bn RMB) 2010
Figure 2.17: Total Revenues by Industries 2010
Figure 2.18: Total Revenues by Industries 2010
Figure 2.19: Total Revenue Proportions by Applications 2010
Figure 2.20: Total Revenue Proportions by Applications 2010
Figure 2.21: Estimated Market Share of Industrial Lasers by Supplier - Chart
Figure 2.22: Estimated Market Share of Industrial Lasers 2010
Regional Sales
Figure 2.23: Sales by Product and Region 2010
Figure 2.24: Sales by Product and Region 2010
Product and Pricing
Figure 2.25: High-end Pricing by Product Segment (RMB/Set)
Figure 2.26: Average Price per Set by Product
Growth Rates and Forecast
Figure 2.27: Weighted Growth Rate by Laser Type (2010)
Figure 2.28: 2009 to 2015 Smart meters Market Size (Bn RMB)
Figure 2.29: 2009 to 2015 Smart meters Market Size - Chart
Figure 2.30: Industrial Lasers Industry Year on Year Growth
Figure 2.31: Mould Making Industry Year on Year Growth
Figure 2.32: Mould Making Industry Year on Year Growth - Chart
Figure 2.33: Electronics Industry Year on Year Growth
Figure 2.34: Electronics Industry Year on Year Growth - Chart
Figure 2.35: Optical-communications Industry Year on Year Growth
Figure 2.36: Optical-communications Industry Year on Year Growth - Chart
Figure 2.37: Medical Treatment Industry Year on Year Growth
Figure 2.38: Medical Treatment Industry Year on Year Growth - Chart
Figure 2.39: Automobile Industry Year on Year Growth
Figure 2.40: Automobile Industry Year on Year Growth - Chart
Figure 2.41: Shipbuilding Industry Year on Year Growth
Figure 2.42: Shipbuilding Industry Year on Year Growth - Chart
III. COMPETITIVE ANALYSIS
Key Findings
Competitors in this Market
Figure 2.43: Suppliers by Company Size (2009)
Figure 2.44: Foreign Vs Domestic Suppliers: Industrial Lasers
Figure 2.45: Market Shares of Smart Maters by Product Segment and Ownership
Figure 2.46: Perceived Importance of Key Marketing Strategies
Figure 2.47: Key Strategic Indicators of Top Suppliers
Figure 2.48: Used Industrial Lasers Capacity in 2010
Figure 2.49: Used Industrial Lasers Capacity in 2010 – Chart
Figure 2.50: Five Forces Analysis
IV. CHANNEL PLAYER ANALYSIS
Key Findings
Summary of Industrial Lasers Channel Players
Figure 2.51: Key Channel Players Listed and Compared
Channel Player Sales
Figure 2.52: Channel Player Revenues by Supplier
Market Value Chain
Figure 2.53: China Industrial Lasers Market Value Chain
Figure 2.54: Channel Vs Direct Sales Revenues by Industry
Figure 2.55: Channel Vs Direct Sales Revenues by Application
Supply-side Relations
Figure 2.56: Details of Channel Players’ Relationships with Suppliers
Figure 2.57: Average Percentage of Services Provided – Chart
CHAPTER 3: SEGMENT ANALYSIS
I. SOLID STATE LASERS
Key Findings
Figure 3.1: Revenues, Output, Growth and Pricing by Market Tier - Solid Lasers
Supplier Overview
Figure 3.2: 2010 Market Leaders –Solid Lasers
Figure 3.3: Total Market Revenue Streams by Percentage – Solid State Lasers
Figure 3.4: Output by Region –Solid Lasers
Figure 3.5: Revenues by End-User Application –Solid Lasers
Figure 3.6: Revenues by End-User Industry –Solid Lasers
Figure 3.7: Typically Sold Product Details by Supplier –Solid Lasers
Figure 3.8: Plant Details by Supplier - Solid Lasers
Figure 3.9: Market Flow for –Solid Lasers
Figure 3.10: Market Flow for Solid Lasers - Chart
Figure 3.11: 2010 Market Shares by Revenue - Solid Lasers
Figure 3.12: 2010 Market Shares – Solid Lasers- Chart
Figure 3.13: 2010 Market Shares by Output (Sets) - Solid Lasers
Figure 3.14: 2010 Market Shares – Solid Lasers- Chart
Figure 3.15: Average Pricing – Solid Lasers
Growth and Projections
Figure 3.16: Perceived Pricing Trends –Solid Lasers
Figure 3.17: Market Size Projections – Single Phase Smart Meter
II. GAS LASERS
Key Findings
Figure 3.1: Revenues, Output, Growth and Pricing by Market Tier - Gas Lasers
Supplier Overview
Figure 3.2: 2010 Market Leaders –Gas Lasers
Figure 3.3: Total Market Revenue Streams by Percentage – Gas Lasers
Figure 3.4: Output by Region – Gas Lasers (Sets)
Figure 3.5: Revenues by End-User Application –Gas Lasers
Figure 3.6: Revenues by End-User Industry –Gas Lasers
Figure 3.7: Typically Sold Product Details by Supplier –Gas Lasers
Figure 3.8: Plant Details by Supplier –Gas Lasers
Figure 3.9: Market Flow for –Gas Lasers
Figure 3.10: Market Flow for Gas Lasers - Chart
Figure 3.11: 2010 Market Shares by Revenue - Gas Lasers
Figure 3.12: 2010 Market Shares – Gas Lasers- Chart
Figure 3.13: 2010 Market Shares by Output (Sets) - Gas Lasers
Figure 3.14: 2010 Market Shares – Gas Lasers- Chart
Figure 3.15: Average Pricing –Gas Lasers
Growth and Projections
Figure 3.16: Perceived Pricing Trends –Gas Lasers
Figure 3.20: Market Size Projections – Single Phase Smart Meter
III. SEMICONDUCTOR LASERS
Key Findings
Figure 3.1: Revenues, Output, Growth and Pricing by Market Tier – Semiconductor Lasers
Supplier Overview
Figure 3.2: 2010 Market Leaders –Semiconductor Lasers
Figure 3.3: Total Market Revenue Streams by Percentage – Semiconductor Lasers
Figure 3.4: Output by Region – Semiconductor Lasers
Figure 3.5: Revenues by End-User Application - Semiconductor Lasers
Figure 3.6: Revenues by End-User Industry –Semiconductor Lasers
Figure 3.7: Typically Sold Product Details by Supplier –Semiconductor Lasers
Figure 3.8: Plant Details by Supplier –Semiconductor Lasers
Figure 3.9: Market Flow for –Semiconductor Lasers
Figure 3.10: Market Flow for Semiconductor Lasers - Chart
Figure 3.11: 2010 Market Shares by Revenue - Semiconductor Lasers
Figure 3.12: 2010 Market Shares – Semiconductor Lasers- Chart
Figure 3.13: 2010 Market Shares by Output (Sets) - Semiconductor Lasers
Figure 3.14: 2010 Market Shares – Semiconductor Lasers- Chart
Figure 3.15: Average Pricing –Semiconductor Lasers
Growth and Projections
Figure 3.16: Perceived Pricing Trends –Semiconductor Lasers
Figure 3.17: Market Size Projections – Single Phase Smart Meter
APPENDIX I: SUPPLIER PROFILES
LIST OF CONTACTS
LPS Overview
Sections of the Study
Sampling
Figure 1.1: Total Sampling by Target Group
Supplier Sampling
Figure 1.2: Index of Size Breakdown Scheme
Figure 1.3: Proportion of Suppliers in Sample, by Category
Channel Players Sampling & Segmentation Definition
Sampling – Suppliers and Distributors
Figure 1.4: Supplier Sample Representation
Figure 1.5: Channel Player Sample Representation
Product Definitions
End-user Industry Definitions
CHAPTER 2: TOTAL ANALYSIS
Executive Summary
Market in Sum
Figure 2.1: Summary of Key Market Figures- Industrial Lasers (2010)
Figure 2.2: Market Size and Share by Industry
Figure 2.3: Key Benchmark Data
Figure 2.4: Snapshot of Key Market Entry Issues
Key Findings
Market Drivers and Inhibitors
Figure 2.5: Drivers and Inhibitors – Chart
Regulatory Factors
Figure 2.6: Relevant Government Bodies and Non-Government Associations
Opportunities in Target Market
Figure 2.7: GCiS China Market Opportunities Assessment (by Market Segment)
Figure 2.8: Market Opportunities for Foreign / Quality Suppliers by Industry
Figure 2.9: Opportunities Ratings, by Industry (1 to 10, with 10 highest)
Figure 2.10: Product Opportunities for Foreign/Quality Suppliers
Figure 2.11: Opportunity Qualitative & Quantitative Assessment –Industrial Lasers
Corporate and Regulatory News
Figure 2.12: Upcoming Events
Expert Views
Recommendations
II. MARKET FIGURES
Key Findings
Market Figures Overview
Figure 2.13: Industrial Lasers Market Segmentation - 2010
Figure 2.14: Summary of Market Size Figures (Mn RMB) by Application
Supply-end Market Outlook
Figure 2.15: Percentage of Market Revenues by Industrial Lasers – Chart
Figure 2.16: Domestic and Export Revenue Breakdown (Bn RMB) 2010
Figure 2.17: Total Revenues by Industries 2010
Figure 2.18: Total Revenues by Industries 2010
Figure 2.19: Total Revenue Proportions by Applications 2010
Figure 2.20: Total Revenue Proportions by Applications 2010
Figure 2.21: Estimated Market Share of Industrial Lasers by Supplier - Chart
Figure 2.22: Estimated Market Share of Industrial Lasers 2010
Regional Sales
Figure 2.23: Sales by Product and Region 2010
Figure 2.24: Sales by Product and Region 2010
Product and Pricing
Figure 2.25: High-end Pricing by Product Segment (RMB/Set)
Figure 2.26: Average Price per Set by Product
Growth Rates and Forecast
Figure 2.27: Weighted Growth Rate by Laser Type (2010)
Figure 2.28: 2009 to 2015 Smart meters Market Size (Bn RMB)
Figure 2.29: 2009 to 2015 Smart meters Market Size - Chart
Figure 2.30: Industrial Lasers Industry Year on Year Growth
Figure 2.31: Mould Making Industry Year on Year Growth
Figure 2.32: Mould Making Industry Year on Year Growth - Chart
Figure 2.33: Electronics Industry Year on Year Growth
Figure 2.34: Electronics Industry Year on Year Growth - Chart
Figure 2.35: Optical-communications Industry Year on Year Growth
Figure 2.36: Optical-communications Industry Year on Year Growth - Chart
Figure 2.37: Medical Treatment Industry Year on Year Growth
Figure 2.38: Medical Treatment Industry Year on Year Growth - Chart
Figure 2.39: Automobile Industry Year on Year Growth
Figure 2.40: Automobile Industry Year on Year Growth - Chart
Figure 2.41: Shipbuilding Industry Year on Year Growth
Figure 2.42: Shipbuilding Industry Year on Year Growth - Chart
III. COMPETITIVE ANALYSIS
Key Findings
Competitors in this Market
Figure 2.43: Suppliers by Company Size (2009)
Figure 2.44: Foreign Vs Domestic Suppliers: Industrial Lasers
Figure 2.45: Market Shares of Smart Maters by Product Segment and Ownership
Figure 2.46: Perceived Importance of Key Marketing Strategies
Figure 2.47: Key Strategic Indicators of Top Suppliers
Figure 2.48: Used Industrial Lasers Capacity in 2010
Figure 2.49: Used Industrial Lasers Capacity in 2010 – Chart
Figure 2.50: Five Forces Analysis
IV. CHANNEL PLAYER ANALYSIS
Key Findings
Summary of Industrial Lasers Channel Players
Figure 2.51: Key Channel Players Listed and Compared
Channel Player Sales
Figure 2.52: Channel Player Revenues by Supplier
Market Value Chain
Figure 2.53: China Industrial Lasers Market Value Chain
Figure 2.54: Channel Vs Direct Sales Revenues by Industry
Figure 2.55: Channel Vs Direct Sales Revenues by Application
Supply-side Relations
Figure 2.56: Details of Channel Players’ Relationships with Suppliers
Figure 2.57: Average Percentage of Services Provided – Chart
CHAPTER 3: SEGMENT ANALYSIS
I. SOLID STATE LASERS
Key Findings
Figure 3.1: Revenues, Output, Growth and Pricing by Market Tier - Solid Lasers
Supplier Overview
Figure 3.2: 2010 Market Leaders –Solid Lasers
Figure 3.3: Total Market Revenue Streams by Percentage – Solid State Lasers
Figure 3.4: Output by Region –Solid Lasers
Figure 3.5: Revenues by End-User Application –Solid Lasers
Figure 3.6: Revenues by End-User Industry –Solid Lasers
Figure 3.7: Typically Sold Product Details by Supplier –Solid Lasers
Figure 3.8: Plant Details by Supplier - Solid Lasers
Figure 3.9: Market Flow for –Solid Lasers
Figure 3.10: Market Flow for Solid Lasers - Chart
Figure 3.11: 2010 Market Shares by Revenue - Solid Lasers
Figure 3.12: 2010 Market Shares – Solid Lasers- Chart
Figure 3.13: 2010 Market Shares by Output (Sets) - Solid Lasers
Figure 3.14: 2010 Market Shares – Solid Lasers- Chart
Figure 3.15: Average Pricing – Solid Lasers
Growth and Projections
Figure 3.16: Perceived Pricing Trends –Solid Lasers
Figure 3.17: Market Size Projections – Single Phase Smart Meter
II. GAS LASERS
Key Findings
Figure 3.1: Revenues, Output, Growth and Pricing by Market Tier - Gas Lasers
Supplier Overview
Figure 3.2: 2010 Market Leaders –Gas Lasers
Figure 3.3: Total Market Revenue Streams by Percentage – Gas Lasers
Figure 3.4: Output by Region – Gas Lasers (Sets)
Figure 3.5: Revenues by End-User Application –Gas Lasers
Figure 3.6: Revenues by End-User Industry –Gas Lasers
Figure 3.7: Typically Sold Product Details by Supplier –Gas Lasers
Figure 3.8: Plant Details by Supplier –Gas Lasers
Figure 3.9: Market Flow for –Gas Lasers
Figure 3.10: Market Flow for Gas Lasers - Chart
Figure 3.11: 2010 Market Shares by Revenue - Gas Lasers
Figure 3.12: 2010 Market Shares – Gas Lasers- Chart
Figure 3.13: 2010 Market Shares by Output (Sets) - Gas Lasers
Figure 3.14: 2010 Market Shares – Gas Lasers- Chart
Figure 3.15: Average Pricing –Gas Lasers
Growth and Projections
Figure 3.16: Perceived Pricing Trends –Gas Lasers
Figure 3.20: Market Size Projections – Single Phase Smart Meter
III. SEMICONDUCTOR LASERS
Key Findings
Figure 3.1: Revenues, Output, Growth and Pricing by Market Tier – Semiconductor Lasers
Supplier Overview
Figure 3.2: 2010 Market Leaders –Semiconductor Lasers
Figure 3.3: Total Market Revenue Streams by Percentage – Semiconductor Lasers
Figure 3.4: Output by Region – Semiconductor Lasers
Figure 3.5: Revenues by End-User Application - Semiconductor Lasers
Figure 3.6: Revenues by End-User Industry –Semiconductor Lasers
Figure 3.7: Typically Sold Product Details by Supplier –Semiconductor Lasers
Figure 3.8: Plant Details by Supplier –Semiconductor Lasers
Figure 3.9: Market Flow for –Semiconductor Lasers
Figure 3.10: Market Flow for Semiconductor Lasers - Chart
Figure 3.11: 2010 Market Shares by Revenue - Semiconductor Lasers
Figure 3.12: 2010 Market Shares – Semiconductor Lasers- Chart
Figure 3.13: 2010 Market Shares by Output (Sets) - Semiconductor Lasers
Figure 3.14: 2010 Market Shares – Semiconductor Lasers- Chart
Figure 3.15: Average Pricing –Semiconductor Lasers
Growth and Projections
Figure 3.16: Perceived Pricing Trends –Semiconductor Lasers
Figure 3.17: Market Size Projections – Single Phase Smart Meter
APPENDIX I: SUPPLIER PROFILES
LIST OF CONTACTS
