China's CNC system industry upstream and downstream market development is as follows:
Industrial control machine
Industrial control machine, that is, industrial computer. It is the core of the control system in the numerical control system, in recent years, transportation, medical, financial, communications and other applications such as the growth of demand for industrial control machine market size provides a greater boost.
Industrial control network data show that in 2012, China's industrial control machine market size reached 4.81 billion yuan, a year-on-year growth of 3.5%. 2015, China's industrial control machine market size in about 6 billion yuan, in 2019 to reach 9.4 billion yuan or so, the 2011-2019 CAGR of 9.31%, the average annual compound growth rate of 2015-2019 CAGR of 11.88%.
Display
Display is more widely used, in the digital economy is more and more important nowadays, almost everywhere you can find the existence of the display, CNC is no exception. In recent years, the size of China's display market has been growing year by year.In 2019, the size of China's display market realized 25.3 billion yuan, an increase of about 30% over 2018.
Power Module
Power module has a wide range of applications in the field of power electronics, and it is also one of the core modules of the CNC system. In recent years, with the continuous development of its downstream market, the market size of China's power module (including power ICs) has been expanding. in 2019, its market size realized about 187.3 billion yuan, an increase of 7.83% over 2018, the growth rate is higher than the global average, and the industry market is growing faster.
(Note: China's power module (including power ICs) market size is calculated based on the global market size data provided by MEMS and China's market share (40%), and the exchange rate is calculated using the RMBUSD exchange rate on September 11, 2020, for reference only.)
Servo motors
Servo motors are one of the most important control and actuator of the CNC system, and have been widely used in machine tools, textile machinery, printing machinery and packaging machinery, etc. Meanwhile, with the rapid expansion of industrial robots, electronic manufacturing equipment and other industries in recent years, the application of servo motors in emerging industries The scale of growth is rapid, and the overall market size has more room for growth.In 2018, the market size of China's servo motor market was about 13.42 billion yuan, up 6.20% compared with 2017.In 2019, the market size of China's servo motor industry reached 14.53 billion yuan, with a growth rate of about 8.27%.
CNC machine tools
The CNC machine tools market is the most important downstream market for CNC systems, and the change in its market size largely determines the market size of CNC systems.The scale of China's CNC machine tools industry fluctuates a lot in 2017-2019.In 2018, the scale of China's CNC machine tools industry was 334.7 billion yuan In 2019, the size of China's CNC machine tool industry was 327 billion yuan, a year-on-year decline of 2.30%. Mainly due to the overall demand structure adjustment and upgrading of the CNC machine tool industry, the downstream field is not due to the downturn.
Development prospects - broad prospects for development
Comprehensively, the upstream of China's CNC industry is developing well, the raw materials to form a sufficient supply, and at present, China is in the middle of industrialization, from the solution of shortages mainly gradually to the construction of economic power. Coal, automobiles, iron and steel, real estate, building materials, machinery, electronics, chemicals and a number of heavy industry-based high-growth industry development momentum, constituting the machine tool market, especially the huge demand for CNC machine tools, which will further pull China's CNC system industry demand growth. China's CNC system industry market prospects, the future market size may continue to expand.
--The above data comes from China CNC System Industry Development Outlook and Investment Forecast Analysis Report by Prospect Industry Research Institute.