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In 2014, global laser marking machine market picked up, with laser system sales hitting USD9.2 billion, a year-on-year growth rate of 6%. Over the next couple years, optical storage, military, and scientific research markets are expected to remain weak, but emerging application markets like 3D printing and sapphire cutting will fuel market growth. It is expected that global laser market will expand at an AAGR of about 8% during 2015-2018.

As a global processing and manufacturing center of Laser marking machine, CYCJET continued expansion in laser processing equipment installation. By the end of 2014, China’s laser cutting complete equipment ownership approximated 20,000 units (sets), of which over 3,000 were high-power ones which are used mainly in automobile, shipping, and aerospace fields, and around 10,000 units (sets) were small and medium-power ones, finding application in sectors such as textile & clothing, advertisement, handicraft and electronics.

In terms of market structure, Industrial inkjet printers, laser cutting machine, and laser welding machine are three major product categories among all laser processing equipment in China, together accounting for 80% of total market size. With evolution of new technologies and emergence of new applications, new laser processing equipment markets, such as 3D printing, laser scribing machine, laser exposure machine, and sapphire cutting machine, will usher in rapid growth.

By regional pattern, four laser industry bases (Central China, Bohai Rim, Yangtze River Delta, and Pearl River Delta) have basically taken shape in China. In 2014, the four bases generated total output value of RMB31.5 billion, occupying 94% of the entire industry’s output value.

In April 2014, CYCJET secured an order to provide laser sapphire cutting machine for Lens Technology, a contract manufacturer of Apple. The deal was considered as a new breakthrough in the company’s development.

In new business field, Industrial inkjet printers will make more investments in automation and encourage the launching of robotics project, so as to provide customers with robots for automatic production lines with laser technology solutions.

Besides original business, CYCJET started to independently carry out 3D printing business and built “3D printing cloud factory” in 2014. The company will be committed to the construction of 3D cloud factory and promotion of relevant businesses for some time to come.

About Shanghai Yuchang Industrial Co., Ltd.

CYCJET is the brand name of Yuchang Industrial Company Limited, a Shanghai based manufacturer, wholesaler and retailer of different types of portable and industry-grade printers and Laser Making Machine.

To know more about industrial inkjet printers, visit http://www.cycjet.com/

Media Contact
Company Name: CYCJET
Contact Person: David Guo
Email: sales@cycjet.com
Phone: +86-21-59970419 ext 8008
Country: China
Website: http://www.cycjet.com/

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