A servo system is an automated motion control device primarily used to precisely control the position, orientation, and state of mechanical components. It determines the precision, control speed, and stability of automated machinery, thus being considered the core of industrial automation equipment.
From the perspective of product line hierarchy for industrial automation components, industrial control products are divided into the control layer, drive layer, and execution layer. Servo systems belong to the drive and execution layers, including servo drives and servo motors. The control layer is the brain of the automated equipment, responsible for issuing commands; products include controllers, all-in-one machines, etc. The drive layer is the central nervous system of the automated equipment, responsible for transmitting commands, amplifying, transforming, and modulating the pulse signals from the control layer into signals for controlling the motor; products include frequency converters, servo drives, etc. The execution layer is the muscle and skeleton of the automated equipment, responsible for executing commands.
With the development of society, economy, and technology, and the decline of my country's demographic dividend, the demand for automation equipment in factories will continue to increase. Furthermore, servo systems will play a significant role in high-end medical devices, new energy, and robotics. The rapid development of intelligent manufacturing will continue to strongly drive the development of servo systems. Take the development of industrial robots as an example. China has become the world's largest consumer of industrial robots, with a stable market. Automobile and parts manufacturing remains the main application area for industrial robots. As my country's industrial structure adjustment and upgrading deepen and the international manufacturing center shifts to China, my country's industrial robot market will further expand, and the speed of market expansion will further increase.
In recent years, the market share of domestic brands has been rapidly increasing, but Japanese brands still firmly occupy nearly half of the domestic servo market. Like most high-precision products, foreign brands have long held a large share of the domestic servo system market, with a market share of 77%.
Of these, Japanese and Korean brands account for 45%, primarily Japanese brands including Panasonic, Mitsubishi Electric, Yaskawa, Sanyo, and Fuji. These are long-established Japanese industrial automation equipment manufacturers with comprehensive technologies. Their products are characterized by high technical and performance levels, well-suited to the needs of Chinese users, but are also relatively expensive. Next, European and American brands account for 22%. Notable American brands include Rockwell, Danaher, and Parsons, while German brands include Siemens, Bosch Rexroth, Lenze, and Schneider Electric. European and American brands mainly focus on large servo systems, and therefore face the risk of market shrinkage.
In the domestic market, Taiwanese brands have gradually grown into a significant force, represented by Delta and Teco. Similar in technology to Japanese brands, their technical level and price point are between imported mid-range products and mainland brands, and their market share has steadily increased. However, they will face fierce competition from domestic brands in the future, representing a market that domestic brands can gradually gain a foothold in. Domestic brands started from the low-end market, establishing themselves through price advantages. In 2008, domestic brands held only about 10% of the market share. Since then, some domestic companies have grown, replacing foreign brands in the low-end market and gradually moving towards the high-end. Overall, the domestic servo market is experiencing rapid growth and entering a period of prosperity.
Yongbo (Xiamen) Electrical Technology Co., Ltd., following this wave of development, has been committed to the research and development and production of motion control technology since its establishment in 2010. It has its own R&D center and production base and has been recognized as a National High-tech Enterprise. Yongbo's independently developed products include servo drives, programmable logic controllers (PLCs), and dedicated motion controllers, among other automation products. Currently, the company's quality management requirements have been fully industrialized and scaled up, striving to become a leading enterprise in technology and market share among domestic peers.
