IT architecture is the core of intelligence, and the importance of software is expected to gradually increase

Industrial robot industry chain: It can be divided into three parts: upstream core parts, midstream robot ontology and software, and downstream system integration and application. Upstream core components include sensor, controller, reducer, servo system, sensor is mainly divided into internal sensor and external sensor, servo system mainly includes servo driver and servo motor two parts; The midstream includes robot ontology manufacturing and supporting software products; The downstream includes system integration and application, system integration is a variety of robots, sensors, controllers, software and other combinations to form a complete automated production line, industrial robot applications cover a wide range, the main application fields for automotive manufacturing, electronics and electrical, food manufacturing, metal processing and pharmaceutical industries.

DI890

Upstream core components are the main source of cost for industrial robots, and profitability is strong. From the cost point of view, 60% of the cost of industrial machinery in 2020 is composed of upstream core components, of which the reducer, servo system and controller account for 35%, 25% and 10% respectively, and the robot body only accounts for 15%. From the perspective of gross profit margin, the links with strong profitability are mainly concentrated in the upstream core parts, and the gross profit margin of the reducer, servo system and controller in 2020 is about 40%, 35% and 25% respectively, the gross profit margin of the midstream bulk manufacturing is only 15%, and the gross profit margin of the downstream system integration is 35%.