Industrial automation is a general term for information processing and process control of measuring, manipulating and other information according to the expected goal without direct manual intervention of machinery and equipment or production process. Automation technology is to explore and study the methods and technologies to realize automation process. It is a comprehensive technology involving mechanical, microelectronics, computer, machine vision and other technical fields.
With the continuous maturity of industrial automation technology, the application scale of industrial automation equipment such as production devices, control devices, feedback devices and auxiliary devices in machine tools, wind power, textiles, packaging, plastics, construction, mining, transportation and medical treatment industries has been expanded, and the industrial automation market has been greatly developed.
According to Frost&Sullivan, the global industrial automation market will reach 449.12 billion US dollars in 2020. In the future, as the global industry 4.0 era continues to advance, the demand for industrial automation equipment in various application fields will further increase. It is estimated that the global industrial automation market will reach 543.66 billion US dollars by 2025.
In recent years, the industrial automation control industry in China has been highly valued by governments at all levels and supported by national industrial policies. The state has successively issued a number of policies to encourage the development and innovation of the industrial automation control industry. Industrial policies such as the Action Plan for the Innovation and Development of Industrial Internet (2021-2023), the Guiding Opinions on Deepening the Integrated Development of the New Generation of Information Technology and Manufacturing Industry, and the Notice on Supporting the High-quality Development of "Specialized, Special and New" SMEs provide a clear and broad market prospect for the development of the industrial automation control industry, It provides a good production and operation environment for enterprises.
The upstream of the industrial automation industry is automation hardware and software manufacturers: At present, Chinese industrial automatic control system equipment manufacturing industry is still dominated by foreign investment, but the market share of domestic enterprises is constantly increasing, and import substitution is at an accelerated stage.
There are two main types of middle reaches in the industry: one is product distributors that are biased towards channels; The second is the system integrator focusing on technology application.
Downstream customers in the industry can be divided into OEM and project type: OEM market is mainly for customers who produce automated and intelligent manufacturing equipment in batch; The project-based market refers to the design and implementation of the overall engineering automation system.
With the continuous promotion of industrial economic restructuring and industrial upgrading in China, the huge manufacturing market will provide good development opportunities for the domestic industrial automation industry. Chinese population aging phenomenon intensifies, and the shortage of labor force forces the machine to replace the labor force to become a long-term trend, further promoting the market demand for industrial automation equipment. At the same time, with the rapid development of Chinese high-end equipment manufacturing industry and the continuous expansion of the application field of industrial automation control products, the market scale of industrial automation control industry has shown a growth trend.
The data shows that Chinese industrial automation market size will reach 253 billion yuan in 2021, and it is expected that the market size will increase to 311.5 billion yuan in 2023.