The scale effect of the development of industrial automation industry is increasing day by day

Industrial automation, also known as industrial control automation (industrial control automation), refers to the application of automation technology in the manufacturing process of the mechanical industry to realize automatic processing and continuous production, improve the efficiency and quality of mechanical production, and release productivity. The automation solutions for the process industry mainly include four categories of products: control systems, automation instruments, industrial software, and enterprise integrated management information systems.

The upstream of the industrial automation industry is automation hardware and software manufacturers. At present, my country's industrial automatic control system equipment manufacturing industry is still dominated by foreign capital, but the market share of domestic enterprises is constantly increasing, and import substitution is in an accelerated stage. There are two main types in the middle reaches of the industry, one is product distributors who prefer channels; the other is system integrators who focus on technology applications. The downstream customers of the industry can be divided into OEM type and project type. The OEM type market is mainly for customers of batch production automation and intelligent manufacturing equipment; the project type market refers to the design and implementation of the overall engineering automation system.

Industrial Automation Industry Development

The downstream demand for industrial automation products mainly comes from the OEM market and project market. OEM-type markets include machine tools, wind power, electronic manufacturing equipment, textile machinery, etc., and project-type markets include electric power, chemical industry, municipal administration, metallurgy and other fields. In 2020, the OEM market will account for 51.1% of the demand, and the project-based market will account for 48.9%.

Many large enterprises in China are promoting industrial automation. Xiaomi and Foxconn have established black lamp factories. The so-called black lamp factories are fully automated factories. Most of the manufacturing processes are completed by machines; several major logistics companies in China Sorting centers also use a large number of robots for automatic sorting, highlighting the enthusiasm of Chinese companies for industrial automation.

In fact, China's industrial automation has reached a high degree of popularity. Not only large enterprises are promoting automation, but also those small and medium-sized enterprises and even workshop enterprises are using a large number of automated or semi-automated machine production, because mechanized production can produce high-precision, high-quality products. components to improve product quality.

China has developed into the world's largest robot market. With the rapid development of the Chinese robot market, many well-known overseas robot companies have set up factories in China. At present, ABB, FANUC and other world-renowned robot companies have set up factories in China. , and many robot companies have emerged in China.

In recent years, with the vigorous development of emerging industries, my country's industrial automation control technology, industry and application have made great progress, promoting the continuous growth of my country's industrial automation market. As an advanced industry that promotes the deep integration of informatization, intelligence and industrialization, the industrial automation industry is an industry that is supported and encouraged by my country's industrial policies. Many government departments have issued policies or guidance to encourage the rapid development of the industry. The "Intelligent Manufacturing Development Plan (2016-2020)" clearly proposes to meet the development needs of enterprise intelligent manufacturing, promote the division of labor and cooperation of enterprises in all links of the industrial chain, and develop together, and gradually form a joint venture with intelligent manufacturing system integrators as the core and leading enterprises in various fields. Promote the intelligent manufacturing development ecosystem in which a large number of "specialized and special" enterprises positioned in subdivided fields are deeply involved. The strategic support of national policies provides a good external development environment for the industrial automation industry, which will fully drive the rapid development of the industrial automation industry and realize the gradual transformation of traditional enterprises to intelligent manufacturing.

The effect of scale is increasing

With the acceleration of the transformation and upgrading of the domestic manufacturing industry, the manufacturing industry is gradually developing from a labor-intensive industry to a technology-intensive industry, and the demand for industrial automation is accelerating. Domestic industrial automation companies are actively planning to develop products in high-boom manufacturing industries such as new energy sources. The market penetration rate of new products is expected to gradually increase, and the scale effect is increasing.

In the first half of 2022, the overall market size of industrial automation reached 157.4 billion yuan, a year-on-year increase of 2.9%; among them, the project-based market is better than the OEM market, with a year-on-year increase of 5.5%. From a product point of view, the market size of low-voltage inverters is about 16.1 billion yuan, a year-on-year increase of 2.5%; the general servo market size is about 12.3 billion yuan, which remains flat year-on-year; the PLC market size is about 8.1 billion yuan, a year-on-year increase of 6%.

Xinjie Electric specializes in the R&D, production and sales of industrial automation control products. The main product types and features include: (1) Electrical control systems in industrial intelligent control systems, mainly including programmable logic controllers (PLC), drive systems (servo drives, servo motors, stepper drives, frequency converters), human-machine interfaces ( HMI), intelligent equipment, etc.; (2) Electrical control integration application, providing "overall industrial control automation solutions" for customers in the field of factory automation (FA). The main customers are distributed in textile and garment, printing and packaging, home building materials, food and beverage, automobile and new energy, machine tools, information technology, warehousing and logistics and other industries.

In the first half of 2022, Xinjie Electric achieved operating income of 678 million yuan, a year-on-year increase of 6.88%, and a net profit attributable to ordinary shareholders of listed companies of 136 million yuan, a year-on-year decrease of 12.7%. The gross profit margin of its products was 37.56%, which was a decline from 40.84% ​​in the same period last year.

With the continuous R & D investment of domestic industrial automation enterprises, domestic enterprises will gradually narrow the gap with foreign brands, coupled with the opportunities for development in machine tools, electronic manufacturing equipment, textile machinery, medical equipment and other fields brought about by the upgrading of domestic manufacturing industry, the domestic The replacement speed of foreign brands will be accelerated, and the market share will continue to expand.

With the continuous development of my country's economy, the diversification and customization of end consumers' demand for products are constantly increasing, and the production links, process difficulty and manufacturing level are all increasing accordingly. Manufacturers' requirements for product quality, efficiency, precision and cost The requirements are getting higher and higher, and the errors and safety risks of traditional manual operations have led to strong demand for automated production by manufacturers.

Compared with industrial developed countries, the gap between my country's manufacturing industry and industrialized countries is mainly reflected in the level of automation. On the basis of mass production technology, developed countries continue to develop in the direction of customization, intelligence, and integration. The full automatic control technology ensures the quality of the products and improves the production efficiency. If domestic enterprises want to narrow this part of the gap, they need to continuously increase investment in automation products and technologies, thereby increasing the demand for motion control products, technologies and solutions. Therefore, under the background of the upgrading of my country's manufacturing industry, the development of my country's industrial automation and intelligence is unstoppable.