Analysis of market scale and competition pattern of China's servo motor industry

Jul 08, 2021Leave a message

In recent years, the servo motor industry has developed rapidly, and the scope of downstream applications has continued to expand. At present, the servo motor industry has fierce market competition. The domestic market is dominated by Japanese and European and American brands, among which Japanese brands account for nearly half of the domestic market. With technological breakthroughs, domestic brands are gradually emerging. In the future, with the rapid development of various related industries, the market size of the servo motor industry is expected to reach 22.5 billion RMB  in 2026.

With the advancement of servo system technology and the penetration of the downstream application market, the global demand for servo motors reached 23.75 million units in 2010. Since 2015, the rise of industrial robots in the downstream industry has become a new driving force for the growth of global servo motor demand. In 2019, the global annual demand for servo motors was about 35.73 million units, a year-on-year increase of 4.89%. According to forward-looking calculations, the global servo system industry market demand will be around 37.83 million units in 2020.

Servo products in our country have been really popularized and applied for only more than ten years, and they are still in the growth stage. Due to the advantages of the servo motor system in accuracy, torque frequency, overload and other performance, it has a wider application range than the stepper motor system. Tools, textile machinery, printing machinery, packaging machinery and other fields have been widely used. At the same time, the rapid expansion of industrial robots, electronic manufacturing equipment and other industries in recent years has made the application scale of servo motors in emerging industries grow rapidly, and the overall market scale has room for growth.

According to statistics, my country's servo motor market was about 14.2 billion RMB in 2019, an increase of 6.77% over the previous year. Affected by the new crown epidemic, the growth rate of my country's servo motor market will slow down in 2020, and it is initially estimated to reach 14.9 billion RMB.

At present, the servo motor market is highly competitive, with many brands and different performances. Compared with European brands, Japanese brands have low performance, but they are more reliable and stable, and cost-effective. They are most suitable for domestic customer needs. European brands such as Siemens, Lenze, Bosch Rexroth and other European brands have overload capacity, dynamic response, and open drive Good performance, but expensive; Taiwanese brands are simple to use and have performance close to Japanese ones, but their prices are much lower than Japanese brands, and they are developing rapidly in the low-end and mid-range.

In recent years, domestic brands have also made major breakthroughs in technology, and the pace of substitution of their products is gradually accelerating. In terms of downstream applications, my country's servo motors are widely used. Among them, machine tools (especially CNC machine tools) are the most widely used, accounting for 20.4%, followed by electronic manufacturing equipment, packaging machinery, textile machinery, industrial robots, plastic machinery and other industries. , The proportions were 16.5%, 12.6%, 12.1%, 8.7%, 8.2%.

There are two types of servo systems for CNC machine tools, one is the feed servo system, and the other is the spindle servo system. The two functions are different. The former is used to drive the worktable of the machine tool, while the latter is used to drive the spindle of the machine tool; the former requires the servo system to have low speed drop, high rigidity and fast response characteristics, and the latter requires the system to have sufficient output power. For CNC machine tools, both types of servo systems are very important. Based on the important position of CNC machine tools, and in order to speed up the development of domestic CNC machine tools, Made in China 2025 lists CNC machine tools as a "strategic field for speeding up breakthroughs", and proposes to strengthen forward-looking deployment and key technological breakthroughs to improve the international division of labor And the right to speak. At the same time, it is clearly stated that by 2025, the numerical control rate of my country's key processes should be increased from the current 33% to 64%, and the penetration rate of digital R&D design tools should reach 84%. In the future, with the continuous adjustment of the industrial structure of the machine tool industry, the servo motor device manufacturing industry will also develop.