“With the improvement of the performance of domestic robots and the expansion of application fields, the market share of domestic brands has increased year by year, and the domestic substitution process has accelerated significantly, and Chinese industrial robots have occupied an important position in both the domestic and international markets.” Wang Xiangbin, chairman of Hechuan Technology, said when he was a guest on the sixth program “New evolution of industrial robots” of “Shanghai Hui · Hard Branch Hard Guest”.

SA168K16 Wang Xiangbin believes that domestic industrial robots have three advantages in cost, application scenarios and local markets, and the future has relatively equal competition opportunities with international brands led by the “four big families” (Fanuc, Yaskawa Electric, Kuka and ABB).

Wang Xiangbin is very optimistic about the future development of humanoid robots, he believes that according to Musk’s broad vision of the market space, if the number of people and the number of robots is 2:1, the demand for humanoid robots may be as much as the demand for cars.

Regarding the future, Wang Xiangbin said that in the selection of the scene track, it will continue to invest in the photovoltaic field; In the choice of customers, in addition to domestic manufacturers, will also choose some overseas second-line brands; In the field of industrial automation, the product will be complete and form a more viscous solution.

Domestic industrial robots have three major advantages

SA168K16

Public data show that the “four big families” with decades of technology accumulation and industrial production experience, the market share of more than 50% for a long time, industrial robot ontology suppliers mainly from Europe and Japan.

“The reason why this company can become the ‘four big families’ in the field of industrial robots is that they have a very long time in the layout of the robot industry, and their roots in the subdivision field are very deep, and they are growing together with the development of the subdivision industry.” Wang Xiangbin said that with the improvement of the performance of China’s local robots and the expansion of application fields, the market share of domestic brands has increased year by year, and the domestic substitution process has accelerated significantly, and China’s industrial robots have occupied an important position in the domestic and international markets.

In the domestic market, iResearch consulting data show that in 2022, China’s robot domestic industrial robot population of 1.357 million units, mainly multi-joint robots and SCARA robots, accounting for about 60% and 40% respectively; In the international market, China has become the world’s largest industrial robot market for ten consecutive years, according to the latest statistics of the high-tech Industry Research Institute SA168K16 (GGII), the market share of domestic industrial robots in 2023 reached 52.45%, from the sales caliber for the first time to achieve the reversal of foreign brands.

“It comes from three strengths.” Wang Xiangbin believes that, on the one hand, cost advantage is an important reason for industrial robots to promote localization. The industrial robot industry chain is closely connected, and the transmission effect is obvious.

Huafu Securities Research report’s analysis of the cost confirmed Wang Xiangbin’s above views. That is, after China realizes the localization of core components, the cost of midstream robot ontology will be significantly reduced, product competitiveness can be effectively improved, and the reduction of ontology cost will drive the price of system integration solutions to reduce the payback period of industrial automation production equipment transformation at the application end, so that the penetration rate of industrial robots in the manufacturing industry will increase, and the demand will increase accordingly.