The development pattern of China's semiconductor laser industry shows the regional aggregation of laser-related enterprises. The Pearl River Delta, the Yangtze River Delta, and Central China are the areas where laser companies are most concentrated. Each region has unique features and business scopes that contribute to the overall development of the semiconductor laser industry. By the end of 2021, the proportion of semiconductor laser companies in these regions is expected to reach 16%, 12% and 10% respectively, covering a wide range of the country.
From the perspective of enterprise share, at present, most of my country's semiconductor laser enterprises are dominated by participants from developed countries such as Europe and the United States. However, local companies such as Raycus Laser and Max Laser are gradually emerging. Raycus Laser is expected to have a 5.6% market share and Max Laser a 4.2% market share by the end of 2021, indicating their growth and market potential.
Thanks to government support and technological progress, the market concentration of China's semiconductor laser industry continues to increase. Semiconductor lasers have become an important part of various industries. According to the survey data, it is estimated that by the end of 2021, the CR3 (concentration ratio of the top three companies) in China's semiconductor laser industry will reach 47.5%, showing a significant increase from the previous year. This indicates a good development environment for the industry.
The development trend of China's semiconductor laser industry also highlights two key factors. First of all, with people's increasing emphasis on self-image management, there is a growing demand in the medical market. Laser medical beauty is favored for its anti-aging, skin tightening, minimally invasive phototherapy and other effects. It is estimated that the global beauty laser market will reach nearly 2 billion US dollars in 2021, and there will be a huge demand for semiconductor lasers in the medical field.
Secondly, the enthusiasm for investment in the industry is high, and laser technology is constantly innovating. The capital market and the government are increasingly aware of the potential of the semiconductor laser and optoelectronic industries. The number and size of investment activity in the industry is increasing. This indicates a positive outlook for the semiconductor laser industry, with increasing demand and growing investment expected.
Overall, China's semiconductor laser industry presents regional concentration and a good market concentration. Future trends include rising demand in the medical market and increasing investment enthusiasm. Government support and technological advancements are the key drivers for the development of the industry, laying the groundwork for its further growth and success in the coming years.
Post time: Jul-18-2023