The process of localization is accelerating

IS420ESWBH3A Behind the high-frequency operation of listed companies and the high concern of investors is the high boom cycle of the precision reducer market.

The financial report disclosed by Ring Mobile technology is a mirror of the industry. From 2021 to 2022, the company’s revenue increased by 219% and 85%, and its net profit increased by 225% and 148%, respectively. From January to September 2023, the revenue and net profit growth rate of Ring Motion Technology exceeded 100% again.

From the industry point of view, some institutional forecasts show that the reducer industry will maintain a growth trend of more than 15%.

The reason behind the high prosperity of the IS420ESWBH3A precision reducer is related to the development of downstream industries such as industrial robots and semiconductors, and the expansion of emerging application fields to bring about incremental markets.

On the one hand, the lithium battery, automotive and other industries are growing rapidly, and domestic large-load robots are still being applied to more scenarios. Coupled with supply chain stability and cost reduction considerations, have led to the development of domestic reducer manufacturers.

IS420ESWBH3A On the other hand, with the help of large models, the industrialization of humanoid robots is imminent. In January this year, the two major Tesla automobile supporting suppliers, Topu Group and Sanhua Intelligent Control successively announced a total scale of more than 10 billion yuan of robot production base investment plan, which is considered by the industry to be a landmark event in the near commercialization process of humanoid robots. In this process, the precision reducer plays the role of matching speed and transferring torque, and the hardware stability represented by this determines the execution of the humanoid robot.

“The precision reducer market used to be dominated by Japanese and other manufacturers. But in recent years, domestic reducer manufacturers have made significant progress, one is the improvement of technology, the second is the promotion of industrial mass IS420ESWBH3A production.” The above-mentioned analysts believe that from the many actions of listed companies, it can be judged that with the increase of investment in the robot reducer by more main bodies, it will help the localization process of precision reducer.

The analyst’s “improvement” can be found in public company announcements. Qinchuan machine tool recently replied in the interactive platform, as of the end of February this year, has completed the research and development of 5 harmonic reducer products, of which 2 products have completed the performance and life of the test work, product parameters in line with industry standards and customer requirements, the remaining 3 products are being tested.