According to GGII recently disclosed statistics, in the first quarter of China’s industrial robot sales of about 75,000 units, an increase of about 11.7%. Under the accelerated expansion of relevant support policies and the application of innovative products such as collaborative robots, it is expected that the market size of domestic robots is expected to reach 25.1 billion US dollars in 2024, with a CAGR of about 22% from 2020 to 2024.

However, on the supply side, China’s industrial robot Q1 production did not meet expectations, totaling 103,691 sets, an increase of 1.17%, down 15.36%. GGII analysis, because the backlog of orders in the second half of last year still needs to be digested for some time, superimposed destocking is also the main theme of the first quarter, resulting in a significant decline in the growth rate of production.

In this regard, some analysts believe that the domestic industrial robot industry in the “pain period” will open a volatility recovery this year, which also makes the relevant robot manufacturers came to the decisive breakthrough battle. With the significant acceleration of sales, the first quarter performance of domestic head robot enterprises such as Eston, Efte, Huichuan Technology, and Xinshi Da has been seriously differentiated, and at the same time, the continuous extrusion of overseas giants and the new wave of AI have brought new challenges and new opportunities to robot domestic manufacturers.

VMIVME-3122

VMIVME-3122

Industrial robot body head enterprise Q1 performance is not connected: 3C market, chip supply into a dead point photovoltaic orders into a “life-saving pill”

According to industry related reports and statistics, in the Q1 performance combing of 12 selected listed companies in the field of industrial robot ontology, the performance differentiation of the head is more obvious.

Specifically, there are 10 enterprises with positive growth in operating income in the first quarter, which are Eston, Huichuan Technology (industrial robot business), Efte, Xinshida, ST Industrial Intelligence, robotics, Huazhong Numerical Control, Sanfeng Intelligence, Kelda, and Midea Group (robot and automation system business); The net profit of the mother showed positive growth of only 5 enterprises, respectively, Huichuan Technology, New time, ST industrial intelligence, Sanfeng intelligence, the United States Group. Eston and Evert, etc., have increased income but not increased profit.