Make a point! 2024 manufacturing industry 8 hot spots interpretation and trend outlook

Mondo Finance Updated on 2024-03-01

In 2023, the automotive industry will deliver a brilliant answer, consumer electronics will move from a downturn to a moderate recovery, and the energy storage industry will be "two heavens", with the manufacturing industry recovering in an orderly but relatively slow pace; Industrial software, smart factories, enterprises going overseas, ESG, artificial intelligence, and industry models have become hot words in the industry.

At the beginning of the new year, here is a special compilation of the hot spots of China's manufacturing industry in 2023-2024, and the development status and future trend of China's manufacturing industry are analyzed. It is hoped that this will allow enterprises to review their own development strategies, face opportunities and challenges, and take concrete actions to implement the transformation and better win in the future.

HOT 1 New industrialization is accelerating.

In 2023, "new industrialization" will become a high-frequency hot word in the field of China's economic development, and from the first to the local government, it will continue to make efforts around "accelerating new industrialization and forming new quality productivity", and has made a series of important progress: the overall recovery of the industrial economy is improving, the pace of digital transformation of the manufacturing industry is accelerating, the green and low-carbon transformation continues to deepen, and the development of small and medium-sized enterprises has entered the "acceleration"...

The clarion call for China to accelerate the promotion of new industrialization has been sounded, and the blueprint for high-quality development has been drawn. It is believed that with the continuous deepening of new industrialization, all kinds of production factors will accelerate the agglomeration of entities, and the emergence of new formats and new models will accelerate, and continue to promote the construction of a manufacturing power to a new level.

HOT 2 Digital operations, boost profits and continue to create efficiency.

The economic slash that is generally expected to be seen in 2023 has not appeared, and the manufacturing PMI index is basically running below the withering line. Affected by factors such as the continuous contraction of manufacturing market demand, the intensification of conflicts, and the complex international environment, the pace of recovery of the manufacturing industry has been slow, and the total profit has declined.

Looking forward to 2024, more and more enterprises will be deeply aware that they can no longer hope to "wait" for the return of market dividends, rely on strong downstream demand and comprehensive market ** to drive corporate profits, but should take the initiative to attack, on the one hand, take the initiative to optimize the product structure, seize the growth opportunities in the market structural adjustment; On the other hand, we should pay close attention to operation, introduce information systems, scientific management and digital technology to tap profit points in operation and enhance the competitiveness of the Red Sea market.

Hot 3 Automobile production, sales and exports hit a record, but the trend of involution in the industry has intensified.

In 2023, my country will hand over a brilliant answer sheet. According to the data, the number of automobile production and sales in China exceeded 301610,000 and 300940,000 units, which marks the first time that China's automobile production and sales exceeded the 30 million mark. Vehicle exports totaled 4.91 million units, reflecting a 57% y/y increase9%, ranking first in the world for the first time.

With the vigorous development of the new energy vehicle market, the trend of "involution" in the automotive industry has intensified, and the impact of the war has become more and more obvious.

The fierce competition in the market makes it necessary for companies not only to maintain their high production capacity and innovation, but also to be wary of the challenges brought by all parties. In the future, China will still face multiple changes such as technological upgrading and intelligent development, which requires the joint efforts of all parties to achieve technological innovation and sustainable development.

Hot 4 manufacturing companies are actively building benchmark smart factories.

At present, more and more manufacturing enterprises have begun to take the construction of smart factories as the main battlefield of digital transformation of the manufacturing industry, and a large number of smart factory construction models have emerged. Up to now, China has become the country with the most "lighthouse factories" in the world.

The construction of smart factories is not achieved overnight, but a gradual and continuous improvement process. It must be emphasized that the construction of smart factories is not equal to unmanned, but to achieve digitalization, less manpower, flexible automation, lean and intelligent, and achieve continuous evolution and optimization.

In the process of building a smart factory, manufacturing enterprises should focus on the medium and long-term development strategy of the enterprise, gain insight into the dynamic and changeable market environment and the innovation and development of intelligent manufacturing technology, adjust the "course" and "speed" in a timely manner, find the promotion path, promotion rhythm and breakthrough to adapt to the enterprise, and gradually build a smart factory and a digital factory.

The hot 5 manufacturing industry has a strong momentum of going overseas, and "localization" still has a long way to go.

2023 is known as the "first year" of the outbreak of Chinese enterprises going overseas. From domestic enterprises going overseas to grab orders, to China's export of the "new three", China's manufacturing industry is becoming more and more popular. At the same time, manufacturing enterprises have transformed from "going out" to pursuing "localized high-quality development", and the road to overseas is getting wider and wider.

According to the survey data, from the perspective of the overseas industry, the machinery and equipment, auto parts and electronics industries account for a high proportion.

In the context of globalization, it is an inevitable trend for Chinese manufacturing enterprises to go overseas to seek new development opportunities. However, China's manufacturing industry still faces many risks and challenges when going overseas, and how to avoid first-class barriers, improve the ability to resist risks, how to integrate into the local market, and establish localized operation teams, organizations and systems are important propositions for the high-quality development of overseas manufacturing enterprises.

The hot 6 manufacturing industry has become the main battlefield for AIGC applications, bringing a surge in demand for computing power.

In 2023, the exploration of artificial intelligence in subdivided vertical fields will be significantly accelerated, and the application of industrial large models in the direction of R&D and design, manufacturing, and management activities for manufacturing benchmarking scenarios will be implemented.

With the in-depth integration of these industrial models and manufacturing scenarios, the demand for computing power behind them has become more and more obvious, bringing rapid growth in the field of IT infrastructure.

HOT 7 has made efforts to build a domestic industrial software development ecosystem.

In recent years, China has continued to increase its support for the development of domestic industrial software, and has successively introduced a number of policies from the national to the local government, providing a high-quality environment and fertile soil for the development of industrial software, and domestic industrial software is ushering in the spring of development and growth.

Industrial software is born in long-term industrial practice to support the innovative practice of the industry, and its development requires continuous research and development, iteration, improvement and reconstruction. The development of industrial software requires the cooperation of the world, academia, industry and industrial software enterprises to jointly create a healthy industrial ecology.

HOT 8 Under the trend of green and low-carbon, enterprises pay more attention to ESG construction.

In recent years, ESG has gradually become a key means for enterprises to achieve major strategic deployments of carbon peak and carbon neutrality. More and more companies are deeply aware of the importance of ESG and have formed a broad consensus.

From the perspective of enterprises, more and more enterprises are integrating ESG into their strategic planning and daily operations to achieve sustainable development and maximize social value.

From a technical point of view, ESG is an extremely data-rich framework, which involves the internal governance and operation of the company, as well as the management of the company's ** chain, and the processing of these data needs to be applied to digital technology.

Looking to the future, with the increasing prominence of social and environmental issues, ESG has become a core issue for corporate development. For companies, focusing on ESG is no longer a multiple-choice question or a plus, but will become a mandatory question. Only by truly integrating ESG into internal and external practices can enterprises gain sustainable development capabilities and achieve longer-term and higher-quality development.

Related Pages