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Made in China 2025 will give birth to a new generation of automation leaders

2024-12-11

In the national upgrading strategy, enabling enterprises to improve and upgrade through a combination of intelligence and industrialization is an important way for Chinese enterprises to better enhance and develop. In October last year, the Chinese and German governments released the "Action Plan for Sino German Cooperation" after the third round of consultations, announcing that the two countries will carry out "Industry 4.0" cooperation, which is expected to become a new direction for future industrial cooperation between China and Germany.

Analysis suggests that Industry 4.0 is expected to promote the further development and progress of domestic related industries and enterprises, and in the capital market, Industry 4.0 related themes and listed companies are also one of the objects that funds are eagerly pursuing. Among them, the segmented fields of industrial internet, industrial automation, and industrial robots have received considerable attention and expectations.

From a global perspective, the industrial internet has received attention from multiple countries - internationally, the representative of the industrial internet is the excellent manufacturing strategy of the United States and Germany's Industry 4.0. Through technologies such as the Internet, big data, cloud computing, and broadband networks, and by accessing sensors, information perception, network communication, remote control, and collaboration of physical devices can be achieved. Earlier, it was reported that GE Corporation in the United States proposed the concept of industrial internet, investing $1 billion to improve efficiency quickly. Germany divides its industry into four stages: mechanization, electrification, digitization, and intelligent manufacturing.

From a domestic perspective, the report of the 18th National Congress of the Communist Party of China proposes the direction of four modernizations synergy and deep integration of the two modernizations. And "Made in China 2025" is considered to be the prelude to industrial internet. Analysis has pointed out that in the next 20 years, the development of China's industrial internet can bring about a GDP increase of at least $3 trillion. After applying the industrial internet, the efficiency of enterprises will increase by about 20%, costs can be reduced by 20%, and energy conservation and emission reduction can be reduced by about 10%.

Analysis suggests that there will be two significant high-speed growth mainlines in the industry. One is the accelerated growth of excellent intelligent equipment, such as industrial robots, automated assembly lines, automated warehousing equipment, etc. The second main line is local automation leaders.

Made in China 2025 "is a step in the" three step "strategy of Made in China. Analysis points out that as a component of future major strategies, industrial automation is considered to be one of the branches with medium to long-term high visibility.

2015 is the first year of industrial automation, and relevant key implementation areas have been delineated in the new information technology industry, biological manufacturing industry, equipment manufacturing industry, and new energy industry. Relevant plans are also expected to be released soon. According to market analysts, the urgent need for industrial upgrading and transformation will promote rapid growth in this field, and relevant listed companies can pay moderate attention in the medium to long term.

Dongwu Securities analyst Wang Weiming stated that industrial automation equipment belongs to the category of intelligent equipment and is a strategic emerging industry supported and developed by the state during the 12th Five Year Plan period ("Decision of the State Council on Accelerating the Cultivation and Development of Strategic Emerging Industries" in October 2010).

In the next five years, with the disappearance of population dividends and the increase in raw material and energy costs, China's manufacturing industry will undergo a historic transformation from an extensive and low value-added model to an intensive and high value-added model. As the "cornerstone" of the manufacturing industry, industrial automation equipment faces dual opportunities of upgrading traditional industries and developing emerging industries. Among them, there will be two significant high-speed growth lines in the industry. The first is the accelerated growth of intelligent equipment - the growth rate of products such as CNC machine tools, process automation systems, and frequency converters, which have already had high penetration rates in the early stage, is significantly slowing down. However, as low-end labor costs accelerate upward and industrial upgrading enters the white-hot stage, intelligent equipment with stronger 'alternative labor' attributes and lower penetration rates in the early stage, such as industrial robots and automated assembly Lines, automated warehousing equipment, etc. are expected to surpass the product introduction period and enter a high-speed growth period, maintaining an average annual growth rate of 20-30% in the next five years Wang Weiming also stated that the two main lines of high-speed growth are the potential rise of local automation leaders. Benefiting from the policy intention of the country to support the increase in localization rate and breakthroughs in key components, domestic automation equipment enterprises with strong core technology and research and development capabilities are expected to accelerate the speed of import substitution and achieve high-speed growth exceeding the industry average

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