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Analysis of the upper, middle and lower reaches of the industrial chain of China’s servo motor industry in 2022

China Business Intelligence Network News: Servo motor refers to the engine that controls the operation of mechanical components in the servo system, and is an auxiliary motor indirect speed change device. The servo motor can control the speed, the position accuracy is very accurate, and the voltage signal can be converted into torque and speed to drive the control object.

1. Industrial chain

The upstream of the servo motor industry chain includes raw materials and components, mainly rare earth, IC manufacturing and components, sensors and silicon steel, etc.; the midstream is the research and development of servo motors, drives and CNC systems; the downstream is mainlyapplicationIn medical equipment, Industrial equipment manufacturing, automobile manufacturing androbotmanufacturing and other fields.

Analysis of the upper, middle and lower reaches of the industrial chain of China’s servo motor industry in 2022Source: Compiled by China Business Industry Research Institute

2. Upstream Analysis

1. Rare earth

(1) Production and consumption

China is not only the largest producer of rare earth permanent magnet materials, but also the largest consumer and net exporter. Excess production after consumption is exported. In recent years, the output and consumption of rare earth permanent magnet materials in China have maintained a steady growth trend. The output will reach 196,200 tons in 2020, a year-on-year increase of 8.82%, and it is expected to increase to 224,000 tons in 2022; the consumption will increase from 106,600 tons in 2016 to 148,700 tons in 2020, with a compound annual growth rate of 8.68% , is expected to reach 173,600 tons in 2022.

Data source: Frost & Sullivan, China Business Industry Research Institute

(2) market structure

Among the rare earth permanent magnet materials in China, sintered NdFeB permanent magnet materials account for 95% of the total output, ranking first. Sintered NdFeB permanent magnet materials have excellent magnetic properties and are widely used in electronics, electrical machinery, medical equipment, toys. , packaging, hardware machinery, aerospace and other fields. Next is the bonded NdFeB permanent magnet material, accounting for 4%; the samarium cobalt permanent magnet material only accounts for 1%.

2. Sensor

(1) Market size

In 2019, the scale of China’s sensor market was 218.88 billion yuan, a year-on-year increase of 12.7%. With the continuous progress of society, the sensor industry has been paid more and more attention under the empowerment of the internet, and the introduction of relevant support policies will be added in the future, and the sensor industry market can be expected. It is expected that the size of China’s sensor market will increase to 315 billion yuan in 2022.

Data source: Compiled by China Business Industry Research Institute

(2) Analysis of key enterprises

3. electronic components

With the rapid development of consumer electronics, automotive electronics, industrial electronics and other industries in the downstream market and the rise of new energy vehicles, Internet of Things, new energy and other emerging fields, the demand for manufacturing of electronic components and electronic special materials in my country has expanded rapidly, driving the industry rapid development. Data show that in 2020, the operating income of China’s electronic components and electronic special materials manufacturing industry is 2,148.52 billion yuan, a year-on-year increase of 11.30%. It is expected that the operating income in 2022 will reach 2,413.52 billion yuan.

Data source: Compiled by the Ministry of Industry and Information Technology, China Business Industry Research Institute

3. Midstream Analysis

1. Market size

In recent years, the scale of China’s servo motor market has maintained a growing trend, and has been affected by downstreamIndustrial RobotInfluenced by the expansion of industries such as electronic manufacturing equipment and electronic manufacturing equipment, the application scale of servo motors in emerging industries is also growing. In 2019, the scale of China’s servo motor market reached 14.2 billion yuan, a year-on-year increase of 6.77%. It is expected that the market size will increase to 18.1 billion yuan in 2022.

Data source: Compiled by Gongkong Network and China Business Industry Research Institute

2. Regional distribution

At present, the global servo motor market is in a three-legged situation of Asia, Europe, and North America, among which Germany, Japan, Italy, and the United States are the countries with the largest application share of servo motors. Asia-Pacific servo motor demand accounted for 37% of the total, Europe accounted for 28%, and North America accounted for 24%.

Data source: Markets & Markets, China Business Industry Research Institute

3. Analysis of key enterprises

4. Downstream Analysis

Photovoltaics are applied downstream of servo motors in China, of which machine tools, especially CNC machine tools, are the most widely used, accounting for 20.4%. Followed by electronic manufacturing equipment, packaging machinery, textile machinery, Robots, plastic machinery, medical machinery and food machinery, accounting for 16.5%, 12.6%, 12.1%, 8.7%, 8.2%, 3.6% and 2.3%.

Data source: Collated by MIR Databank, China Business Industry Research Institute

1. CNC machine tools

With the support of national policies and the continuous pursuit of innovation by domestic enterprises, China’s CNC machine tool industry has developed rapidly and the industry scale has continued to expand. In 2019, the scale of China’s CNC machine tool industry reached 327 billion yuan. It is estimated that the scale of CNC machine tool industry will reach 378 billion yuan in 2022.

2. Packaging machinery

At present, China has become the fastest growing, largest and most potential packaging machinery market in the world. Since 2019, driven by the downstream food, medicine, daily chemical and other industries, the output of special packaging equipment in my country has increased year by year. As of November 2021, the output of special packaging equipment in my country was 663,200 units, a year-on-year increase of 58%.

Data source: Compiled by the National Bureau of Statistics and China Business Industry Research Institute

3. Industrial robots

At present, the demand for intelligent transformation and upgrading of manufacturing in my country is increasing, and the demand for industrial robots is strong. In recent years, the output of industrial robots in my country has grown significantly. As of November 2021, the output of industrial robots in China has reached 330,000 sets, a year-on-year increase of 49%.

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