China’s laser and laser equipment industry currently has a combined market size of 65.8 billion yuan (2019), the industry was only 19.4 billion in 2013, 2013-2019 to experience up to seven years of positive growth. In terms of laser cutting, the penetration of laser for traditional cutting methods is about 26.26%-30.65%, and the proportion of high power (above 1500W) in laser cutting equipment is only 20.8%.