15 years ago, there were about 20 OEM laser cutting machine manufacturers, and the industry was dominated by a few leading suppliers. In recent years, the market has been opened, so a large number of laser cutting machine manufacturers have emerged. The sharp increase in the number of suppliers of other components, such as software and CNC control components, has led to the fact that almost everyone with a little expertise can produce fiber laser cutting machines.
This development means that the market is full of all kinds of cheap equipment, which is the problem: Nowadays, there are a large number of new suppliers who have little understanding of the process, do not provide spare parts warranty and do not provide any service, because their only goal is to sell the machine at the best price to gain market share. They forgot that the laser cutting machine is not a plug and play solution, but the interaction of many components.
In the past 25 years, the industry has made significant technological progress - large-scale technology implementation is always challenging.