Since the 1990s, with the development of laser welding technology, China’s laser welding industry has surged forward at a rapid pace of development, becoming one of the most promising industries for Chinese industry, and has also attracted widespread attention from all walks of life at home and abroad.
According to the China Laser Welding Industry Operation Status and Market Outlook Planning Report 2023-2029 released by MarketResearchOnline.com, the market size of China’s laser welding industry grew from 7.5 billion yuan in 2013 to 25 billion yuan in 2019, an increase of nearly 20% year-on-year. The development potential of the laser welding industry is very huge and the future development prospects are very optimistic.
Firstly, the development of China’s laser welding industry is supported by government policies. The government supports the laser welding industry by providing financial subsidies and technical support for laser welding companies to promote the development of the laser welding industry.
Secondly, the laser welding industry has also been driven by the machinery and equipment, transportation, aerospace, automotive manufacturing and other industries, where laser welding technology is being used more and more extensively to benefit the laser welding industry.
In addition, due to the high technological content of the laser welding industry, technological innovation at home and abroad is also an important driving force for the development of the laser welding industry. In recent years, laser welding technology at home and abroad has continued to develop, and the laser welding industry has been greatly improved.
In general, with the national policy support for the laser welding industry, the continuous promotion of technological innovation and the continuous expansion of laser welding equipment applications, China’s laser welding industry will continue to maintain rapid growth in the future and the market size will continue to grow in the future, providing more support for China’s economic development.