Expert Commentary | 120 Million Target Amount: A Healthy Competitive Environment is Needed for the Sound Development of China's Laser Industry
China's laser industry has experienced rapid development in the past two years. After a golden decade, we have formed a complete laser industry chain layout and mastered many core technologies, becoming a veritable laser manufacturing powerhouse.
The latest data shows that in 2023, China's laser equipment market overall remained stable and positive, with market sales revenue reaching 91 billion yuan, a year-on-year increase of 5.6%. From the growth trend, China's laser equipment industry has shown a certain growth vitality, with high-power laser cutting, handheld laser welding, and new energy laser equipment becoming the main driving factors. However, such a globally advantageous industry has become the "king of involution." The chaotic competition among peers has turned the competitive ecology of the laser industry, which should be based on products and technology, into plagiarism, theft, and illegal poaching of talents. If this continues, it may lead to "bad money driving out good money." Upright behavior and illegal gains may allow some companies to make a fortune in the short term, but in the long run, it damages the collective interests of Chinese companies and even the "Chinese brand." For malicious competition and illegal infringement, on the one hand, relevant departments must take strong action against chaos, "show the sword" to illegal enterprises, create a rational and healthy competitive environment, thereby helping industrial innovation and high-quality development; on the other hand, companies also need self-discipline, focusing more on enhancing their competitiveness and brand awareness.
In recent years, China's laser equipment has continued to innovate and iterate, gaining recognition from global consumers, and the market penetration rate of domestic laser equipment, especially laser cutting machines, has steadily increased. With the reshaping of the pattern brought about by a new round of scientific and technological revolution and industrial transformation, China's laser industry is facing new historical opportunities. In this context, China's laser industry should seize the opportunity, jointly enhance core competitiveness and brand influence, rather than allowing "bad money to drive out good money." Only in this way can China's laser industry embark on the fast track of development, and the pace of building a brand power can become more solid.
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