Strong R&D and design capabilities lay industry position

Judging from the overall competition pattern of the industry, foreign investment accounts for about 70%81 of my country's automation equipment market. Compared with domestic automation equipment companies, foreign companies have more obvious design and technical advantages. With advanced control technology, communication technology, and computing technology, they design and manufacture ultra-large scale, rapid response, operational safety, and realize control optimization and management. The optimized and engineering-integrated automation equipment system basically monopolizes the high-end market of automation equipment, especially the high-end market of automation equipment for foreign customers. However, after years of technological accumulation and national technical support, my country's automation equipment industry has gradually formed

A group of system integration suppliers and overall solution providers with strong R&D and design capabilities and strong competitiveness can compete with foreign companies in the automation equipment market for domestic customers and joint venture customers. Moreover, domestic enterprises have fully utilized the advantages of local enterprises in terms of cost and service, designed cost-effective automation equipment according to the individual needs of customers, delivered them to customers in a short time and provided long-term and thoughtful after-sales service, thus targeting domestic customers and joint ventures. In the customer's automation equipment market, it has a more advantageous advantage than foreign companies.

In addition to this batch of domestic system integration suppliers and overall solution providers with strong R&D and design capabilities, and strong competitiveness, there are still a large number, small scale, and weak technologies engaged in simple processing in China's automation equipment industry Edge enterprises that serve or produce low-cost stand-alone products, they compete fiercely in processing fees and stand-alone prices, and often can only obtain lower profit margins. Their price war will not lead domestic automation equipment with pricing power. The profitability of the company is adversely affected.

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