What is the market prospect of high-power metal fiber laser cutting machines?

In recent years, with the breakthrough of metal fiber laser cutting machine technology, high-power metal fiber laser cutting machines have made significant progress, from 6000W in 2017 to the current 10000 watt level, and even to 40000 W in 2021. So what will be the market prospects of high-power metal fiber laser cutting machines in the future?

1. China is currently in the context of intelligent manufacturing, and both the development of social economy and the breakthrough of laser technology will breed a vast market from metal fiber laser cutting machines. The breakthrough in laser technology has accelerated the progress of metal fiber laser cutting machines towards high power, high precision, and large format. At the same time, the manufacturing industry in the context of intelligent manufacturing is showing a trend of transformation from traditional processing to high-end manufacturing, increasing the demand for laser cutting, and thus stimulating the rapid development of metal fiber laser cutting machines in China.
2. Wide application range. With the development of China’s economy and the advancement of major projects such as railway construction, highway construction, water conservancy construction, hydropower construction, energy, mining construction, construction industry, aerospace, shipbuilding, etc., this involves the cutting of thick metal plates. Large and high-power metal fiber laser cutting machines can effectively solve these problems, and are more efficient and accurate than traditional cutting methods, So high-power metal fiber laser cutting machines will be widely used in China’s construction machinery industry.                        
3. Domestic substitution. In recent years, especially since the Sino US trade war, the country has been emphasizing domestic substitution, so the market created by domestic substitution should be shared by domestic metal fiber laser cutting machine enterprises. For example, as an important component of fiber metal fiber laser cutting machines – the laser field, domestic laser manufacturers such as Chuangxin Laser and Ruike Laser have bucked the trend, while IPG’s market share in the domestic market has decreased. The corresponding important metal fiber laser cutting market in the future will also tilt towards domestic production.
4. Cutting advantages. High power metal fiber laser cutting machines not only have cutting performance advantages over traditional cutting methods, but also have cutting thickness advantages over small and medium-sized metal fiber laser cutting machines. Small and medium-sized metal fiber laser cutting machines have limited cutting thickness, while high-power metal fiber laser cutting machines can not only cut thin plates, but also thick plates.