In this study, a laser-quenching experiment is conducted on the 40CrNiMoA steel base material of a reel spindle using a fiber laser. Further, the microstructure of sample surface is observed using a metallographic microscope, the microhardness of the phase-transformation hardening zone is evaluated using a Vickers hardness tester, and the friction and wear properties of the sample are evaluated using a vertical universal friction-and-wear tester. The macroscopic structure of the sample cross-section and morphology after wear are observed using a stereo microscope, and the corrosion resistance of the sample is verified using an electrochemical workstation. The results denote that after laser quenching of the 40CrNiMoA steel, a phase-transformation hardening zone can be observed on the surface with a microstructure that is mainly characterized by fine martensite, a small amount of retained austenite, and partially dispersed carbides. The hardened layer exhibits a depth of approximately 200 μm, and the hardness can become 638.3--711.2 HV, which is approximately 2.6--2.8 times that of the substrate. The average friction coefficient is 0.506, which is 42.5% lower than that of the substrate. The amount of wear is 1.3 mg, which is only 36.1% of that of the substrate. Herein, the abrasive wear is observed to be the main wear mechanism. Furthermore, the corrosion voltage is -0.497 V, which is slightly higher than that of the substrate, while the self-corrosion current density is 2.16789×10 ^-9 A/cm ², which is lower than that of the substrate. The corrosion resistance is considerably improved.