In 2022, China’s laser cutting market can be described as ups and downs. In the first half of the year, the state issued policies to stimulate the economy. The prosperity of the infrastructure and real estate industries was high, driving the demand for mechanical equipment in the engineering industry. The demand for laser processing market was high. Since September, the price of raw materials has continued to rise. The repeated impact of high pressure factors in the manufacturing industry has led to a decline in the sales of the manufacturing market, leading to a decline in the sales of laser cutting equipment.
However, with the further promotion of “Made in China 2025” and “New Infrastructure”, more and more traditional manufacturing industries have begun to transform to high-end and intelligent, and are competing for a trillion scale market.
As the basis of processing, laser cutting technology has become an indispensable and important cutting tool in high-end manufacturing due to its increasing penetration in all aspects of industrial production. With the progress and development of science and technology, the future market of laser cutting equipment will be more broad.