Today, the fields of biomedicine, 3C electronics, and aerospace, among others, are rapidly developing, leading to increased performance demands for rotary structural components. The increased hardness of the required material and the more complex shape surface pose a challenge to conventional contact processing, leading to a gradual escalation in difficulty. Laser processing is a non-contact method, which eliminates the negative impact of contact stress. The process does not require the use of cutting fluid and boasts a high material utilization rate. However, the development of 3D laser machining technology for rotary surfaces is still immature, and there are many problems that need to be solved urgently. Therefore, this paper focuses on the research status of laser turning and laser milling, equipment and related industrial applications, summarises the current problems and proposes the feasibility direction of its further development.