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The largest consumer market for lasers in the world

The largest consumer market for lasers in the world – China

China’s laser industry market started late,However, with the rapid development of China’s equipment manufacturing industry, China’s laser industry has achieved rapid development in recent years.

China is an active market for manufacturing and industrial laser equipment.

Affected by factors such as macroeconomic development, upgrading of manufacturing industries, and support of national policies.

China’s industrial laser industry has become one of the industries that are highly concerned, and the market is developing rapidly.

In 2015, China replaced Europe and became the largest consumer market for lasers for the first time. In 2018 The market grew to around US$2.8 billion, accounting for 29% of the global market.

2018 laser market

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