The role of capital market appears
Thanks to the promotion of the capital market, some companies have successfully raised funds to expand production lines and seize market size and voice; some companies have merged and acquired business synergies, and laid out industry chains and industry-leading technologies. While driving the improvement of performance, technology and scale, it will promote the rapid growth of China's industrial robot industry.
For example, Xinshida issued convertible bonds and successfully raised funds of 880 million yuan. "From the perspective of future development trends, the company's robotic products are undercapacity. One of the projects for convertible bonds is to solve the problem of insufficient production capacity of the company's robot products." The relevant person in charge of the company said.
In 2016, Eston raised 950 million yuan through fixed-income projects for the development and industrialization of robotic intelligent manufacturing systems and the upgrading of robotic intelligent factories. "At present, the company's robot body production capacity is about 2,000 sets / year, the orders in hand are sufficient, but the production capacity is tight. The company has prepared for the rapidly expanding market, the 180-mu industrial robot and intelligent manufacturing industry under construction. The park's capacity is planned to be 15,000 sets of robots," said Wu Bo, chairman of Eston.
At the same time of increasing production capacity, Eston completed a number of overseas investment mergers and acquisitions such as the acquisition of British TRIO, the holding of German MAi, and the participation of American BARRETT, and laid out the industry's cutting-edge technology in advance, and developed the TRIO controller + ESTUN servo system. The complete solution for motion control.
Many robot companies have built a complete industrial chain layout with the help of the capital market. In June of this year, Xinshida acquired the mountain control of R&D, manufacturing and sales of servo drives and other motion control system products for 405 million yuan, and passed through the control layer, driver layer, executive layer and equipment of intelligent manufacturing equipment. Layers, engineering applications and other physical layers to create a complete industrial chain development pattern of "core components - ontology - application - information technology".
In addition, HKUST Intelligence has successively acquired Yonggan Electromechanical, Huaxiao Precision and Guanzhi Automation, and completed the complete industrial chain layout of “Intelligent Transfer Robotic Arm (Hand) – AGV (Foot) – Flexible Production Line (body)”. .
High-speed growth will continue
In the past two years, the downstream demand for industrial robots is booming, and the scale of on-body manufacturing manufacturers is increasing, which has driven the development of domestic core component manufacturers. The breakthrough of core components is conducive to the cost reduction of ontology manufacturers and further promote the industrial application of industrial robots. Form a virtuous circle.
Under this circumstance, the trend of localization of core components has appeared, and the proportion of domestic industrial robots in total market sales has steadily increased. "With the continuous maturity of domestic technology, the proportion of domestic industrial robots will be further enhanced." Zhao Wenqing, director of Keyuan shares, believes.
Yang Ruijun, president of HKUST Intelligence, said that China's self-developed auto-body flexible welding automatic production line has broken the monopoly of this high-end field by foreign companies, and the future market share is expected to further increase.
However, many industry insiders pointed out that the problem of domestic replacement of parts and components is on the one hand, the market share is low, on the other hand, the quality reliability and stability still need to be improved, especially the high-order algorithms of robots and Germany, There are still some gaps in international industry giants such as Japan.
A large listed company executive said that the company's current complete solution for high-end customers, the core components of the purchased industrial robots are mainly from foreign companies. “We cannot afford the risk of stacking quality and performance issues between our product solutions and our domestic products purchased. Unless the customer explicitly requires localization, we still prefer to purchase foreign-owned products on core components.”
However, the person said that domestic industrial robot products have a higher price advantage and are used in the middle and low-end manufacturing industries. "The large domestic low-end manufacturing market has provided opportunities for the development of domestic industrial robots. With the gradual opening of the high-end sector, China's industrial robot industry will continue to maintain rapid growth in the future."
According to the latest data from the National Bureau of Statistics, China's industrial robot production reached 104,800 units in the first ten months of this year, a year-on-year increase of 68.9%, and continued to maintain rapid growth.
"At least three years in the future, the compound annual growth rate of China's industrial robot industry will be no less than 30%." The above-mentioned executives said.