The European and American economic crisis, Asian economic slowdown and a number of other factors have impacted the development of global laser industry, and reduced the growth rate of global industrial laser sector to single digit. The growth rate of global laser system market declined from 16% in 2011 to 6% in 2012, and is expected to further drop to around 4% in 2013.As a global processing and manufacturing center, China has continuously expanded the installation of laser processing equipment and occupied more than 10% of the global market. However, due to the weak downstream demand, the growth rate of Chinese laser equipment market in 2012 and 2013 both fell to below 10%. Among major ent...
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