In the first three quarters of the robotics industry, the three companies concluded and analyzed in multiple dimensions. The important conclusions are as follows: 1. The robot industry as a whole is improving; 2. The downstream demand for automotive automation is heating up, driving the sector to continue to pick up; 3.3C automation segment has a brilliant performance and maintains high performance. Boom; 4. The performance of the logistics automation sector has increased slightly, which is greatly affected by the extension and consolidation. 5. The boom of the service robot segment has been enhanced and its development is optimistic for the long term.
The robot industry as a whole looks good. In the first three quarters of 2016, the overall revenue of the robotics industry was 327.597 billion yuan, a year-on-year increase of 17.06%; net profit was 25.128 billion yuan, a year-on-year increase of 13.71%, which was better than the same period of last year. Among the sub-sectors, the top three revenue growth segments are 3C automation, automotive automation, and logistics automation. The growth rate of the above three segments is mainly affected by downstream demand; in terms of net profit growth, 3C automation and service robots The growth of the sector’s performance is fast, and service robots are accelerating. We are optimistic about its long-term development.
The automotive automation sector continues to pick up. In the first three quarters, the overall revenue of listed companies in the automotive automation sector was good, and the downstream demand continued to pick up performance. In the first three quarters of 2016, the sub-industry's 12 companies achieved operating revenue of 24.078 billion yuan, a faster year-on-year increase of 28.02%. In 2015, the sales volume of global industrial robots surpassed 240,000 units, an increase of 8% year-on-year, of which China sold 6.6 units ahead of other countries. The traditional application of industrial robots is mainly in the automotive industry, accounting for more than 41%. The compound growth rate of this segment in the next three years will exceed 5%, which still has growth potential.
The logistics automation sector saw a small increase in revenue, and the outreach and consolidation effects were more significant. In the first three quarters, the overall revenue of the listed companies in the logistics automation sector was in line with expectations. 14 companies achieved operating revenue of 8.417 billion yuan in the first three quarters, an increase of 6.28%; and net profit of 628 million yuan, a slight increase of 1.85% year-on-year. Year-on-year. In 2015, the market size of China's automated logistics equipment system was approximately RMB 58.3 billion, of which the market size of automated conveyor sorting equipment was approximately RMB 21.62 billion, accounting for approximately 37.1% of the total. The market is expected to increase by 38% in 2016. By 2020, the market size of China's automated logistics equipment system is expected to reach 174.5 billion yuan, of which 68.93 billion yuan will be used for automated conveyor sorting equipment.
The growth of the service robots sector is optimistic and its development is optimistic for a long time. In the first three quarters, the overall revenue of the service robot sub-sector was good. The 20 companies achieved operating income of 224.153 billion yuan in the first three quarters, an increase of 16.42% year-on-year. Excluding Midea Group and Qingdao Haier, both of which accounted for a larger share of the company's total revenue, the other 18 companies in the industry had revenue of 23.504 billion yuan in the first three quarters of 2016, a year-on-year increase of 26.86%. In the first three quarters, the sub-sector realized a net profit of 19.192 billion yuan, a year-on-year increase of 15.93%. Excluding Midea Group and Qingdao Haier, net profit increased by 21.29%. The incremental market for service robots in the future mainly comes from the improvement of market penetration rate in developing countries. IFR predicts that the market size of service robots will reach 18.9 billion U.S. dollars in 2014-2017. We expect that the outbreak period of Chinese service robots will be approaching.
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