The Rise of Domestic Industrial Robots Can Be Expected

Although the valuation of PEs of domestic robot companies is generally high, the huge demand brought by the automation process is obvious. The robot industry will continue to grow at a high speed within 5 years, and the revenue and profits will all achieve breakthroughs, gradually reaching the international giants such as the “Big Four”. On par, the high valuation will also be quickly digested.

The core components are the "joints" and "power sources" of industrial robots, and the total space of the reducer and servo system from 2018 to 2020 is over 30 billion. Core components such as reducers and servo systems not only affect the accuracy and stability of industrial robots, but also account for about 65% of manufacturing costs.

The cost gap between domestic and foreign is obvious, which seriously affects the competitiveness of domestic industrial robots. Core components are the main factors that constrain the growth of domestic ontology manufacturers. According to the calculation, the robot-specific reducer and servo system will have a total industrial space of over 30 billion yuan from 2018 to 2020.