Promoted by national policies and plans, it helps accelerate the development of the industry. Laser theory originated in 1917, and has made great progress and entered the practical field in the 1960s; From 1970s to 1990s, with the development of laser technology and the exploration of application fields, the field of laser application has been expanding. In recent years, the state has issued a number of policies and plans to vigorously promote the field of intelligent manufacturing. The process demand for the combination of laser and Industry Siasun Robot&Automation Co.Ltd(300024) is also increasing, which not only improves the yield and reduces errors, shortens the production cycle, expands production capacity, and plays a role in reducing costs and improving efficiency for enterprises. With the continuous technological innovation of the laser industry, it helps to expand the field of laser application and provides new development power for the industry.
The permeability is relatively low, and the downstream application fields are continuously expanded. In the laser industry chain, the middle reaches are the core components dominated by lasers; There are a wide range of downstream applications, including automotive, medical, military and so on. With the continuous improvement of the technology of the laser industry, the utilization rate of the downstream application industry of laser processing equipment is gradually increasing. Laser processing has a high demand in new energy vehicles and power batteries, consumer electronics, machinery manufacturing and other industries, and the market scale is expected to further expand. In terms of lasers, fiber lasers have the characteristics of high photoelectric conversion efficiency, simple structure and good beam quality. They have become the main force in the application of laser industry. Low and medium power fiber lasers have basically completed the domestic substitution process, and gradually enter the high-power market.
Leading enterprises take the lead, and Chinese enterprises accelerate to catch up Han’S Laser Technology Industry Group Co.Ltd(002008) , Wuhan Dr Laser Technology Corp.Ltd(300776) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) are all powerful laser equipment enterprises in China Han’S Laser Technology Industry Group Co.Ltd(002008) is mainly engaged in industry special aircraft and extreme manufacturing business. General components and industry popular products are gradually being introduced to the market, which is expected to become a new performance driver Wuhan Dr Laser Technology Corp.Ltd(300776) key products are precision laser processing equipment applied to photovoltaic industry, which can provide customized related supporting equipment and services for the needs of customers at home and abroad Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) is a comprehensive solution provider of laser and automation, with strong advantages in the field of comprehensive application of laser, automation and intelligence. IPG is the world’s leading enterprise in fiber lasers. Its products have the characteristics of high power, industry-leading reliability and low operation / maintenance cost Wuhan Raycus Fiber Laser Technologies Co.Ltd(300747) is the leader of fiber laser in China. It is an influential supplier of fiber laser with vertical integration ability from materials, devices to the whole machine Shenzhen Jpt Opto-Electronics Co.Ltd(688025) independently developed MOPA pulsed fiber laser has achieved mass production and sales in China, filling the technical gap in this field in China. In the global market, IPG maintains its comparative advantage and stands in the leading position in the industry; By the end of 2021, the market share of Wuhan Raycus Fiber Laser Technologies Co.Ltd(300747) China was the same as that of IPG China.
Investment suggestion: with the release of a number of national policies and plans to vigorously promote the field of intelligent manufacturing, superimposing factors such as aging population and increasing labor costs, the transformation of manufacturing automation has become an inevitable trend. In recent years, the demand for industrial Siasun Robot&Automation Co.Ltd(300024) combined with laser processing technology will increase, and the downstream permeability is expected to increase continuously. It is suggested to pay attention to: Han’S Laser Technology Industry Group Co.Ltd(002008) ( Han’S Laser Technology Industry Group Co.Ltd(002008) ), Wuhan Dr Laser Technology Corp.Ltd(300776) ( Wuhan Dr Laser Technology Corp.Ltd(300776) ), Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) ( Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) ), Wuhan Raycus Fiber Laser Technologies Co.Ltd(300747) ( Wuhan Raycus Fiber Laser Technologies Co.Ltd(300747) ), Shenzhen Jpt Opto-Electronics Co.Ltd(688025) ( Shenzhen Jpt Opto-Electronics Co.Ltd(688025) ).
Risk warning: macroeconomic downturn risk; Domestic substitution process is less than expected risk; The downstream industry is at a lower risk than expected; Market competition intensifies risks; Raw material price fluctuation risk.
