Industrial control instrument industry has entered a new stage of development

The market of the industrial control instrument industry is becoming more and more extensive. The project-based market is also following the macroeconomic fluctuations. Therefore, in the new round of recovery, the industrial control industry will usher in new opportunities.

The distribution of value chains is changing. Industry participants mainly include suppliers, integrators and distributors. In the current stage of development, the situation of dealers is more difficult, the industry may reshuffle and enter the oligopolistic situation; the importance of integrators is increasing, but there is a bottleneck in long-term development, and there is a risk of being replaced; the competition of suppliers , From the provision of general-purpose products to the industry's special plane, and even solution development, but the supplier's growth is better, there is no growth radius, can be large companies.

There is clear logic in the import substitution in the subdivision areas. We believe that domestic companies' import substitution for downstream industries is very clear along the path from easy to difficult. From small-power, low-precision, and stand-alone market segments, it has gradually entered the market with heavy-duty, high-precision, and complex production processes. We believe that the current difficulties for domestic companies to enter the lifting and textile fields are due to the weakness of the general technology required for high-power technologies and complex production processes. It is worth looking forward to further import substitution after the improvement of technological capabilities.

Industry development has entered a new phase. The development of the industrial control industry first went through the initial stage of R&D and trial production, and it also experienced the period of brutal growth brought about by the rapid growth of industrial output; after the matured enterprises of the Huawei and Pusan ​​transmission systems gradually matured, the development of the industry entered. In the third phase, companies that focus on overall solutions and occupy market segments will be expected to become future leaders.