China Business Intelligence Network News: Robotic arm, as the name suggests, is a mechanized, multi-joint arm, it is the most common but not the only form of "industrial robot" This large category of robots can complete welding, handling, packaging, inspection, gluing, polishing and grinding and other production links. With the development of new manufacturing processes and technologies such as various new materials, artificial intelligence, and 5G communications, robotic arms will develop in the direction of being smarter, more complex, and more efficient.
1. Definition and classification of robotic arms
The robotic arm is a fixed or mobile machine, its structure is usually composed of a series of interlinked or relatively sliding parts, the working mode is mainly through linear movement along the X, Y, Z axis to reach the target position, so as to realize the grasp or movement of the object, can achieve automatic control, repeatable programming, multi-degree of freedom (axis).
Robots can be divided into the following four categories according to the form of movement: Cartesian coordinate robots, cylindrical coordinate robotic arms, spherical coordinate robotic arms, and articulated robotic arms.
Source: Compiled by China Business Industry Research Institute
Second, the development policy of the robotic arm industry
The development of the robotic arm industry is inseparable from the support of the policy environment. With the transformation and upgrading of the manufacturing industry and the advancement of intelligent manufacturing, the state's support for the robotic arm industry is also increasing. In recent years, the state has issued a series of policies to encourage the development of the robotic arm industry, mainly focusing on promoting technological innovation, improving product quality, and promoting industrial development. Relevant incentive policies provide a strong guarantee for the healthy development of the robotic arm industry.
Third, the development status of the robotic arm industry
1. Robotic arm market size
The scale of China's robotic arm market has shown a significant growth trend in recent years. According to the "2024-2029 China Robotic Arm Market Prospect and Investment Development Strategy Research Report" released by the China Business Industry Research Institute, the market size of the mainland robotic arm will be close to 17.83 billion yuan in 2022, a year-on-year increase of 6.26%, and the market size will increase to 18.64 billion yuan in 2023. With the promotion of global manufacturing upgrading and automation demand, the application of robotic arms in automobile manufacturing, electronic manufacturing, logistics and warehousing and other fields will continue to expand. Analysts at the China Business Industry Research Institute predict that the size of China's robotic arm market will reach 19.34 billion yuan in 2024.
Data source: China Commercial Industry Research Institute
2. The number of patent applications for robotic arms
After 2012, technological breakthroughs have been gradually made in the field of robotic arms, which has led to a rapid growth in the number of annual patent applications. In recent years, the number of domestic related patent applications has increased year by year, from 1,955 in 2016 to 11,387 in 2020. According to incomplete statistics, at present, the number of patents for robotic arms, of which utility model patents account for 50.4%, invention patents account for 30.6%, invention authorized patents account for 16.6%, and design patents account for 2.3%.
Data source: Qichacha, compiled by China Business Industry Research Institute
3. Participants in the robotic arm market
The main participants in China's robotic arm market are local enterprises and internationally renowned enterprises. Local enterprises such as SIASUN Robotics, Estun Automation, and Han's Laser not only have strong strength in the design, R&D and production of robotic arms, but also have achieved remarkable results in marketing and brand building. In addition, China's robotic arm market has also attracted the participation of many internationally renowned enterprises. ABB, Fanuc, Yaskawa Electric and others are the leaders in the global robotic arm market and also have a presence in the Chinese market. With their deep technology accumulation and global layout, these companies have shown strong competitiveness in the Chinese robotic arm market.
4. Application field of robotic arm
The robotic arm, as the most widely used automated mechanical device in the field of robotics, plays a vital role in many fields.
Fourth, the key enterprises in the robotic arm industry
1. Robots
Founded in 2000, SIASUN Robotics is a high-tech listed company with robotics technology and intelligent manufacturing solutions as its core. SIASUN has three core products of industrial robots, mobile robots and special robots with independent intellectual property rights, as well as three application technology directions of welding automation, assembly automation and logistics automation, and at the same time, it continues to incubate N+ advantageous strategic businesses with high competitiveness and good growth potential, such as automobile industry, electronics industry, semiconductor, new energy, smart city and smart health care, and has built a healthy, scientific and sustainable industrial system.
In 2023, SIASUN Robot's operating income will be about 3.967 billion yuan, an increase of 10.93% year-on-year, and the net profit attributable to shareholders of listed companies will be about 48.57 million yuan, an increase of 9.49% year-on-year.
In 2023, the operating income of robot automated assembly and testing production lines and system integration and industrial robots will account for 35.04% and 31.66% respectively.
2. Eston
Nanjing Estun Automation Co., Ltd.'s business covers the whole industrial chain from automation core components and motion control systems, industrial robots to intelligent manufacturing systems for robot integrated applications. The company has 64 industrial robot products, including six-axis general-purpose robots, four-axis palletizing robots, SCARA robots and industry-specific customized robots, with workloads ranging from 3kg to 600kg. There are more than 20 categories of robot standardized work cell products, which are mainly used in photovoltaic, lithium battery, welding, sheet metal bending, stamping, die-casting, woodworking punching, assembly, sorting, grinding, deburring, gluing, etc.
In the first three quarters of 2023, Estun achieved operating income of 3.226 billion yuan, a year-on-year increase of 26.88%, and net profit attributable to the parent company of 140 million yuan, a year-on-year increase of 16.64%.
In the first half of 2023, Estun's main business includes industrial robots and intelligent manufacturing systems, automation core components and motion control systems, accounting for 77.29% and 22.71% of revenue, respectively.
3. Efort
EFORT Intelligent Equipment Co., Ltd. is a high-tech company focusing on the industrial robot industry. Based on the R&D and manufacturing of general-purpose robots, the company provides solutions in many application fields such as spraying, welding, palletizing, handling, loading and unloading, etc., which are widely used in automobiles and auto parts, 3C electronics, photovoltaics, lithium batteries, metal products, furniture, household appliances, food and beverages and other industries.
In 2023, the revenue of EFORT's industrial robot business and system integration business will increase compared with the previous year, with the company's total operating income of 1.883 billion yuan, a year-on-year increase of 41.84%, and a net loss attributable to the owners of the parent company of 45 million yuan, a year-on-year decrease of 73.88%.
In the first half of 2023, EFORT's main business includes system integration products and robot products, accounting for 52.28% and 46.09% of revenue respectively.
4. Inovance Technology
Founded in 2003, Shenzhen Inovance Technology Co., Ltd. focuses on automation, digitalization and intelligence in the industrial field, focusing on the R&D, production and sales of industrial automation control products. Industrial robot products include SCARA robots, six-joint robots, vision systems, high-precision lead screws, control systems and other complete machines and parts solutions, and downstream industries cover 3C manufacturing, lithium batteries, silicon crystals, textiles, etc.
In 2023, Inovance's total operating income will be 30.420 billion yuan, an increase of 32.21% year-on-year. net profit attributable to shareholders of listed companies was 4.745 billion yuan, an increase of 9.85% year-on-year.
In the first half of 2023, Inovance's main business includes general automation, new energy vehicles & rail transit, and smart elevator electrical, accounting for 55.06%, 25.49%, and 19.02% of revenue, respectively.
5. New time
Founded in 1995, Shanghai Xinshida Electric Co., Ltd. focuses on servo drive, variable frequency speed regulation, robots and industrial controllers with motion control technology as the core. At present, Xinshida's industrial robot products mainly include two categories: articulated robots and SCARA robots, which are widely used in various industries such as 3C, new energy, white electricity, packaging, food and beverage, medicine, and metal processing.
In the first three quarters of 2023, Xinshida achieved operating income of 2.582 billion yuan, a year-on-year increase of 7.41%, and net profit attributable to the parent company of 79.17 million yuan, a year-on-year increase of 282.58%.
In the first half of 2023, Xinshida's main business includes control and drive products and systems, robot products and systems, and elevator control products and systems, accounting for 42.57%, 29.59%, and 19.82% of revenue, respectively.
Fifth, the development prospect of the robotic arm industry
1. National policies support the development of the robotic arm industry
The government actively promotes the development of the industrial robotic arm market and has formulated a series of relevant policies and plans. Policy support provides a good environment for the development of the robotic arm market and points out the development direction for the development of the robotic arm industry.
2. Technological progress promotes the development of the robotic arm industry
With the continuous development of sensing technology, vision systems and artificial intelligence, the intelligence and automation level of robotic arms have been significantly improved. This allows the robotic arm to adapt to more complex and delicate production tasks, improving production efficiency and quality. In addition, the flexibility of the robotic arm also enables it to respond to diversified production needs and meet the needs of the transformation and upgrading of the manufacturing industry.
3. The potential market demand for the robotic arm is large
This is due to the increase in labor costs, labor shortages, and the urgent need for companies to improve productivity and reduce costs. As an ideal automation equipment, the robotic arm is being favored by more and more enterprises. The potential market demand for robotic arms is large, which will promote the development of the industry.
For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China's Robotic Arm Industry" released by China Commercial Industry Research Institute, and at the same time, China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industry research reports, industry white papers, industry status certificates, business plans, feasibility study reports, park industrial planning, industrial chain investment map, industrial investment guidelines, industrial chain investment investigation & promotion meeting and other consulting services.