In recent years, based on industrial automation control technology, automatic processing and continuous production can be realized, and it has the characteristics of improving production efficiency, ensuring product quality, reducing production costs and ensuring production safety. According to data from China Industrial Control Network, the market size of China's industrial control industry increased from 139.9 billion yuan to 264.3 billion yuan from 2015 to 2022, with an average annual compound growth rate of 95%, and it is estimated that the market size of China's industrial control industry will reach 322.7 billion yuan by 2025.
From the perspective of market size, China's industrial automation control industry is developing rapidly, but due to the early development of China's industrial control industry, the way of technology introduction, independent development started late, so foreign brands occupy the main market share of China's industrial automation control industry by virtue of their first-mover advantage. Although China's industrial control industry in recent years.
With the rapid development, industrial control technology has been greatly improved, but the core components of China's industrial control equipment are still highly dependent on foreign countries. According to the data of the industrial control network, in China's general servo system market, the market share of foreign-funded manufacturers in 2022 will be 508%, down 34 percentage points, while domestic brands have grown their market share to 49 in recent years by virtue of their own advantages in the parts and components model2%, and the market share gap with foreign brands is gradually narrowing;In the context of the continuous enhancement of the competitive advantage of local enterprises' products, there is still a large room for improvement in the localization rate of the industrial control industry.
With the acceleration of the commercialization process of domestic products, the industrial control automation industry is expected to gradually break the situation that foreign brands dominate the market of China's industrial control industry, and accelerate the localization process of China's industrial automation control system.