Machine vision industry, the main listed companies: At present, the domestic machine vision industry listed companies are mainly Tianzhun Technology (688003), Mayor Optoelectronics (002690), Precision Measurement Electronics (300567), Saiten shares (603283), Momentum Technology (300802), Pilot Intelligence (300450), Kanghong Intelligence (839416), Jintuo shares (300400), etc. ), Kanghong Intelligence (839416), Jintuo shares (300400) and so on.
The core data of this article: machine vision industry market size, industry listed companies revenue, market size forecast
1, the industry market size continues to grow
According to the data of the GGII, China's machine vision market size in 2019 6.550 billion yuan (this data does not include the computer vision market size), an increase of 21.77% year-on-year, with a compound growth rate of 28.36% from 2014-2019. Combined with the economic environment in the context of the new crown epidemic in 2020, the forward-looking estimates that the industry growth rate in 2020 will not exceed 20%, and the market size of China's machine vision industry in 2020 will be about 7.9 billion yuan.
2, industry-listed enterprises machine vision business operating efficiency
This article selected six machine vision industry-related representative companies (Tianjun Technology, Meiya Optoelectronics, Precision Measurement Electronics, Saiten shares, Momentum Technology, Jintuo shares) to analyze the operating efficiency, for reference only.
In 2017-2019, the average operating income of the machine vision business of some listed companies continued to grow, and in 2018, the operating income reached 680 million yuan, an increase of 32.84% year-on-year; in 2019, due to the impact of trade wars, the market environment and other factors, the average operating income of the machine vision business of some companies was 858 million yuan, and the growth rate decreased to 26.13% In 2020, the average operating income of machine vision business is 1.024 billion yuan, an increase of 19.34% from 2019. In the long run, the overall development of machine vision business revenue of listed companies in the machine vision industry is still on an upward trend.
In 2020, the average net profit of the machine vision business of some listed companies is 163 million yuan, and the gross profit margin is 44.61%, under the influence of the epidemic, the operating costs of listed companies in the machine vision industry have increased, resulting in a decline in the gross profit margin, but the overall level of the gross profit margin of the machine vision business is higher, indicating that the machine vision business of the listed companies in the machine vision industry has a good sustainable development ability.
3, downstream applications are becoming more extensive, industry development prospects
China's machine vision industry is accompanied by the development of China's industrialization process and the rise of China is becoming one of the world's most active regions in the development of machine vision. With the domestic machine vision technology and products in the practice of continuous improvement, machine vision applications from the concentration in the field of electronics, consumer electronics, flat panel display field gradually expanded to packaging, food / medicine and many other industries, the application scope covers almost every field of the national economy, the application of machine vision will become increasingly broad. According to GGII forecast, China's machine vision market size will reach 15.6 billion yuan by 2023, with a CAGR of about 25.46% from 2020 to 2023. Foresight combined with China's machine vision market size in the global share of the calculation, conservatively estimated that by 2026 China's machine vision market size will exceed 20 billion yuan.
The above data refer to China Machine Vision Industry Development Outlook and Investment Forecast Analysis Report by Prospect Industry Research Institute.