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.
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.
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.