2017 Robot Sales And Robot Price Analysis Of China Industrial

Overall, whether it is the American Industrial Internet, German Industry 4.0 or China Made 2025, It is nothing more than to further enhance the control and grasp of the entire manufacturing process, thereby reducing the energy consumption and efficiency. For the domestic industry, the current manufacturing industry is still in the industry 2.0 to complete, 3.0 promotion and popularization, 4.0 demonstration of the automatic upgrade phase of demonstration automation upgrade stage, while the intelligent manufacturing gives China the opportunity to overtake the curve. China's industrial upgrading strategy is based on the automation of intelligent manufacturing thinking, so as to achieve the pursuit of two generations of industries at the same time.

Therefore, it is believed that industrial robots are the key to the automation of factories, and also the source of data. It is the core and carrier that leads to the stage of intellectual development. If the mobile phone is the entrance of the entire mobile Internet era, industrial robots are the interface of the “intelligent” era. With the continuous advancement of automation upgrades in major economies around the world, the use density of global industrial robots is rapidly increasing.

According to statistics, the global sales of industrial robots exceeded US$13.2 billion in 2016, and it is estimated that the annual sales volume of global industrial robots will be 17.3 billion U.S. dollars in the next three years, with an average annual sales volume of 390,000 units.

Global Industrial Robot Sales (set) and Growth Rate

Global industrial robot sales (billion U.S. dollars) and growth rate

In contrast, China has already become the world's largest industrial robot market. In 2016, the sales volume of industrial robots in China reached around 87,000 units, which accounted for about 30% of global sales. Benefiting from the automotive sector, the rapid growth of demand in the 3C sector and the closure of traditional enterprises in the context of the "new normal" economy have saved money and increased productivity. The scale of production and sales of industrial robots has grown rapidly and is higher than that of the same period last year. According to statistics, the sales volume of China's industrial robots is expected to continue to grow. It is expected that global sales in 2019 will reach about 420,000 units. By then, China's industrial robot volume is expected to reach around 50% of the world's total.

Therefore, in the long term, according to related industry development and planning, it is believed that the traditional downstream demand for robots will grow steadily, and the increase in “increasing efficiency” demand brought about by industrial upgrading and the pressure of economic environment will become the main theme of the rapid growth of the industrial robot industry. However, compared to the absolute advantages of international mature manufacturers in the automotive field, domestic manufacturers' products are more widely used in consumer electronics and other related fields. At the same time, the degree of automation in China's electronics industry is still at a low level. We believe that domestic manufacturers are expected to use the electronic industry to accelerate and accelerate penetration.

2. Demand inflection point is coming and the substitution process is expected to speed up

Combined with the three laws of demand for industrial robots and related data, the analysis of downstream applications of industrial robots in the country reveals that the nature of related fields such as automobiles and electronics determines that the demand for industrial robots is higher than that of other industries, and that food and The demand for automation in textiles and other fields is constantly increasing. However, in the short term, electronics and automobiles are still the primary forces that will drive the demand for industrial robots in China. Looking at electronics and cars is still the primary force that drives the demand for industrial robots in China.

The demand for industrial robots in 2018 is expected to show an inflection point, and the growth rate is expected to reach 34%. According to the sales volume of domestic industrial robots and the historical data of the downstream plates, consideration is given to the demand growth of the downstream plate and the strong planning for industrial upgrading at the macro level, and the demand for domestic industrial robots is estimated. In the aspect of industrial upgrading planning: According to the country's robot density requirements for key industries in the next three years, the compound growth rate of automation in key industries can reach 20%. Rigid demand: Due to the expansion of the automobile industry and equipment investment in the electronics industry, it is possible to measure the direct pull of each downstream segment. It is believed that the demand for industrial robots in 2018 will usher in an inflection point and the growth rate is expected to reach 33.7%.

   

                     China's Industrial Robot Requirements Measurement set)

  

Generally speaking, the industrial robot system integration market is about three times the size of the ontology market. According to this estimation, the industrial robot integration market in China in 2018 will be around 90.2 billion yuan. According to the current industrial structure, system integration is the most profitable on the chain. So the entire industrial robot plate will still be based on system integration.

 

China's Industrial Robot Market Scale Measurement

-	2013	2014	2015	2016	2017	2018E	2019E
Industrial robot sales	3.7	5.7	6.9	8.7	11.1	14.8	21.1
Ontology sales	93.8	140.6	162.1	197.5	241.5	306.9	415.7
System Integration Market Scale	281.4	421.8	486.4	592.5	724.6	920.6	1247.3

 

 

For the first time in 2018, the cost recovery cycle will be within one year, and the degree of automation is expected to accelerate. During the year, the degree of automation is expected to accelerate. China is still in the shift period of mechanization and automation, because of China’s early labor force is large and the labor cost is low, However, in recent years, the aging of China's population has accelerated, and the working-age population has continued to decline. At the same time, the average annual growth rate of the average wage of urban employees in the manufacturing industry in China is around 11%. However, with the development of the industry, technological maturity, and market competition, the prices of industrial machinery have been declining year by year. Machine substitution is the direction of manufacturing. Based on the industry attributes of the midstream manufacturing industry, it is considered that industrial robots are the carrier of the country's progress in automation. According to calculations, the cost recovery on investment of industrial robots in China will be lowered to less than 1 year for the first time in 2018, which is in full compliance with or even lower than the expectation of SMEs for the return period of investment and will result in powerful attraction. Therefore, it is believed that the acceleration of the automation process is expected in 2018.

Rapid increase in wages of manufacturing workers