Smart equipment opens up new blue ocean industry

With the highly-integrated construction of “Two Chemicals,” Industry 4.0 and “Made in China 2025” are increasingly optimized in terms of funds, standards, platforms, and so on, which coincide with opportunities. Smart manufacturing has become the only choice for the extension of many brand product lines. While some brands intend to diversify their gold equipment manufacturing industry, a group of leading manufacturing companies are gradually entering the smart equipment industry, trying to take full advantage of the industry's new blue ocean investment.

Intelligent equipment, as the name implies, is the integration and deep integration of advanced manufacturing technology, information technology, and intelligent technology. In the field of electronic intelligent manufacturing, we witnessed the market performance of mobile phone brands Huawei and Xiaomi, which shined in the global electronics industry and truly achieved a qualitative leap in the international market for domestic mobile phone brands.

As an important manifestation of the high-end equipment manufacturing industry's key development direction and the deep integration of informatization and industrialization, the development of smart equipment industry will accelerate the transformation and upgrading of manufacturing industries, increase production efficiency, technology level and product quality, reduce energy and resource consumption, and realize the manufacturing process. Intelligent and green development is of great significance.

In order to promote the upgrading of the smart equipment manufacturing industry, the government encourages and supports the active participation of private companies. On the one hand, optimize the industrial structure and encourage private enterprises to focus on 15 key areas such as new generation information technology, high-end equipment, and new materials, and promote the development of competitive and strategic emerging industries; meanwhile, accelerate the advancement of intelligent manufacturing of private enterprises and upgrade the manufacturing equipment of enterprises. The Internet will promote two major plans to promote robot applications and promote the construction of a number of demonstration smart factories.

In 2015, the Ministry of Industry and Information Technology implemented the “Smart Manufacturing Pilot Demonstration Special Action” to directly cut into the key links of manufacturing activities and implement it in various fields of manufacturing.

Faced with a huge potential smart equipment market, Chinese companies are facing not only an unprecedented window of development opportunities but also multiple challenges. New market entrants have emerged, and traditional market participants are also expanding their existing businesses and new businesses through endogenous and mergers and acquisitions, and deploying smart equipment industries. At the same time, international competitors are also aggressively occupying the domestic market. Large smart equipment giants have continued to improve their product mix in China and have gained market share through extensive experience and advanced technologies.

With the increase in the cost of labor, the cost of labor increases dramatically. Under the current situation of low profit, companies need to seek efficient production methods to reduce the cost of "pulling up" profits. For enterprises, with the help of the development of key basic components, components, and intelligent special equipment, especially in the field of precision and intelligent instruments and test equipment, the company strictly complies with the needs of the development of petrochemical, biomedical, and environmental monitoring industries. Refinement, greenization, automation and intelligence will drive the overall technological level of the industry to become one of the quickest and most accurate ways to make profits.

In general, although Chinese companies generally lag behind foreign companies in hardware and technology capabilities, they have the advantage of better understanding of the market and the support of national policies. As the country further promotes Industry 4.0, Chinese companies must follow the policy direction and take the lead in the smart equipment market.

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