“Since May this year, the company’s orders have increased significantly, and from the perspective of the industry as a whole, the order volume is going up.” The person in charge of an industrial robot enterprise in Jiangsu told Cailianhe.

ACU-01B 3HNA024871-00103 Under the epidemic, the domestic industrial robot industry has walked out of the trough in 2019 and restarted the high-growth mode. According to the statistics of industrial robots in September 2020 released by the National Bureau of Statistics, the output of industrial robots in industrial enterprises above designated size nationwide was 23,194 sets in September, an increase of 51.4% year-on-year.

Cailian.com reporter learned from multiple interviews that the sales of industrial robots in the fourth quarter and next year are still expected to maintain rapid growth, and the industry has a huge imagination in the Chinese market in the long run.

Industrial robot companies are saturated with orders

ACU-01B 3HNA024871-00103 “The increase in industrial robot orders this year is more obvious in photovoltaic, metal processing, 3C, 5G related fields.” “Industrial robot leader” Estun securities Department relevant person in charge of October 26 afternoon interview with the news agency, said, “the current increase in demand mainly from the domestic market.”

“Company orders, production lines are currently relatively saturated.” Guangdong industrial robot enterprise Tuostar securities affairs representative to Cailianhe reporter.

“While domestic sales are growing, overseas sales are also growing, mainly from Southeast Asia and India.” The relevant person in charge of the securities department of fast stock said.

ACU-01B 3HNA024871-00103 The “Implementation Opinions on Supporting Private Enterprises to Accelerate reform, Development and Transformation and Upgrading” issued by six ministries and commissions recently pointed out that it is necessary to expand the application of robots and intelligent equipment in medical treatment, helping the elderly and disabled, rehabilitation, distribution and civil explosion, hazardous chemicals, coal mines, non-coal mines, fire protection and other fields. Accelerate the pace of implementation of the action of “machine replacement and automation reduction” in high-risk industries. This news makes industrial robots in the secondary market become the focus again. On October 26, the robot index was on the Wind board, up 2.14% on the day.

From the overall trend of this year, the A-share industrial robot sector is also strong. According to Wind data, a total of 14 listed companies in the industrial robot and industrial control system sector, as of the close of October 26, the stock price of these 14 companies has increased by 39.41% since January 1 this year. Among them, many head companies rose more than 5%, Eston rose 96.09%, Huachangda (300278.SZ) rose 78.79%, and Tuostar rose 56.06%.

ACU-01B 3HNA024871-00103 The relevant person in charge of the Eston Securities Department told the news agency reporter that “the government has attached great importance to the development of intelligent manufacturing core components, robots and intelligent manufacturing, regardless of macro-policy or industrial policy.” The disappearance of the demographic dividend and the replacement of machines is a market trend that continues to benefit the development of the industry.”

Growth is expected to continue in the fourth quarter and next year

After experiencing the “harsh winter” of the industry in 2019, China’s industrial robot industry has gradually warmed up since February this year, and the output growth rate in April has reached a new high in nearly two years, and has now entered a period of accelerated growth. Under the epidemic situation, the performance of industrial robot enterprises has bucked the trend.

Data show that in the first half of the year, the company’s robot ontology and intelligent manufacturing business increased by 156.32% year-on-year, and the business proportion has accounted for 70.50% of the company’s overall business income.

ACU-01B 3HNA024871-00103 Tuostar’s net profit for the first half of the year was 400 million yuan, an increase of 366.04%, and far exceeded the level of net profit for the whole year of last year.

Wansun Controls announced on the afternoon of October 26 three quarterly report shows that the company’s net profit in the third quarter increased by 38.07%.

Many analysts believe that in the short term, the trend of recovering demand for automation equipment will continue until at least the first quarter of 2021. In the long run, under the general trend of “machine replacement” in multiple application fields, the domestic substitution space of the industrial robot industry is huge, and the market will show a periodicity of 3 to 4 years.

ACU-01B 3HNA024871-00103 It is worth mentioning that core technologies such as controllers, servo systems and precision reducers have been the focus of domestic industrial robot enterprises in recent years. Some listed companies have made breakthroughs, and new research and development achievements have gradually entered the market.

Eston’s research and development investment has accounted for about 10% of sales revenue for many years, and the company continues to develop automation core components and motion control systems. The new generation of ProNet Summa series drivers and EM3A series motors have greatly improved product performance and ease of use, and have been successfully applied in 3C electronics, lithium batteries and other fields.

Tuostar has mastered the basic technology of core components such as controller, servo system and machine vision through independent research and development, and launched the Tuostar R092-06-A six-axis industrial robot this year, which is suitable for installation in intensive working areas, closed and narrow Spaces, and can calmly cope with multi-station operations in the 3C field.