China is currently the country with the largest number of applied robots, but its industrial development is relatively small and its competitiveness is weak. Wu Xinzhang, a tenured professor of mechanical and electrical engineering and computer science at the University of Central Florida, said in an exclusive interview with China Securities Journal "the level of the domestic robot industry is still in the Internet industry to the level of 1995, but the industry has huge room for growth." China Robotics Industry has aIt is expected that the "Made in China 2025" will be used to achieve overtaking.中国是目前应用机器人数量最多的国家,但产业发展相对较小、竞争能力较弱。美国中佛罗里达大学机电工程与计算机系终身教授武新章在接受中国证券报记者专访时表示,“国内机器人行业水平,还处在互联网行业发展到1995年的水平,但行业成长空间巨大。”中国机器人产业有望借道“中国制造2025”实现弯道超车。
The potential market of the robot industry is huge.
Wu Xinzhang pointed out that in the past decade or so, the United States has attached great importance to the advanced manufacturing, and in recent years has also called for the return of manufacturing. "The return of American manufacturing" largely refers to the use of robots instead of manual labor. "In the next ten years, the United States will also vigorously promote the advanced manufacturing from the field of the precision medicine, brain programs, advanced cars, smart cities, clean energy, energy-saving technologies, educational technology, space exploration, and computers, where robots play an important role".
And China's high-end manufacturing industry has also ushered in a rare period of historical opportunities. Wu Xinzhang said that the government attaches importance to "mass entrepreneurship and innovation", which brings a good environment for industrial development. China's robot industry is expected to take advantage of the "Made in China 2025" strategic opportunity to achieve growrh in the new stage of development. However, China's industrial capital investment in the field of robotics is currently less than one percent of total capital, and there is huge room for future investment and development. At the same time, China's industrial system is complete and the industrial chain is complete, providing good conditions for manufacturing end products. "In the past year or so, hundreds of robot companies have been born in China, and many VCs are actively following up.”
Motor technology is the "heart" of the industry.
“This wave of air outlets should be called 'intelligent electromechanical systems'. Regardless of robots, drones or simple electric vehicles, it is actually a motor-based driver system, which is why the motor industry is called the pearl of robotics field, heart of the industry." Wu Xinzhang said.
The development of the motor field is crucial, but currently Chinese robotics companies are still using foreign motors. Luo Jun, the CEO of the International Robotics and Intelligent Equipment Industry Alliance, said that China heavily relied on imports for medium and high- end reducers, controllers and motors.
Wu Xinzhang said that China's motor quality still does not reach the most advanced level in foreign countries. "Motor production is not only a design problem, but also a process problem, and there are many process problems trhat domestic country has not solved, especially in high-volume manufacturing. Although the current manufacturing process is sufficient, the accuracy of civil motors needs to be improved."
The China robot is looking forward to grasping the opportunity to catch up that of foreign countries in the development corner.
For example, mechanical ball bearings, domestic companies are still using finished products from other countries. Without good bearings, the electromechanical system cannot achieve good performance with high speed, high power, low vibration and long life." Japan Yaskawa Electric Co., Ltd produces motors and robots. We can buy his motors to make our own robots. If the price of the motor is greatly increased, the robots we make will have no advantage in cost."
In addition, the technology of each company is rarely "publicly available". "Everyone is not talking about technology, therefore, there is not patents, and fewer related papers." Wu Xinzhang said that in the United States, many large technology companies are keeping a group of technology elites from secret, but many core technology is often in the hands of some small companies. These companies usually have strong innovation capabilities, and single product, but they have enough core customers and do not seek to expand rapidly into a business empire. In face of operational difficulties, the government will receive special funding to guarantee the continuation of its innovative capabilities. "How to learn from international experience and produce high-quality domestic motors and core components is especially important".
For the future development of the industry, Wu Xinzhang believes that there will be huge room for growth from both horizontal and vertical dimensions. Horizontally, the intelligent electromechanical system is not only a certain terminal product, but more importantly, it brings the prosperity of the entire industrial chain, including robot assembly, motor, reducer, battery, robot control, software, big data, and artificial intelligence etc. Vertically, the above-mentioned sectors can be subdivided into several specialized fields. For example, the motor field is subdivided into research and development and driving; the big data field is subdivided into software and pattern recognition for big data; semiconductors include machining and supply. “Each segment is ultimately connected by the company, and each sector will present different M&A styles and characteristics.”
Internet companies quietly laid out.
"Different from the software industry, the development of hardware faces the problem of production capacity. It is necessary to invest enough, open enough plants, buy enough high-quality CNC machine tools, and first-class technology to produce high-quality end products." Wu Xinzhang said.
In recent years, Google has successively acquired several high-tech robot companies, attracting extensive attention from the industry; Sun Zhengyi, the Japanese richest man who injected Ma's first bucket of gold, has also begun to invest in robotics companies; and Ma Yun is also preparing to get involved in this field.
“Capital, especially Internet companies, have begun to quietly deploy,” Wu Xinzhang said. “The Internet has made software and communication very convenient and developed over the past 20 years. In the next few decades, there will be a big breakthrough in the hardware field.”
According to the current international popular practice, many large-scale technology companies often enter the core high-quality enterprises in the industry through cross-border acquisition or becoming a major shareholder,then integrate resources. For example, it cooperates with well-known universities to form a integrated production process of manufacturing, education and research. “China does not lack capital. But when capital enters a new professional field, it needs expert guidance to find a good effect on the market.” Wu Xinzhang predicts that the future development of robots will subdivide many different sub-areas, each field of which will fully compete with each other and continuously conduct industrial mergers, and this merger is even carried out in the context of internationalization. Investors must not only invest in a startup with growth potential, but also integrate, restructure and integrate resources at the meso level.