During the Spring Festival in 2020, the new crown epidemic broke out in China. After the Spring Festival, the epidemic directly affected the resumption of work and even more affected the personnel intensive enterprises, prompting more enterprises to accelerate the upgrading of automation. In 2019, influenced by the Sino US trade war, the electronics industry, and the automotive industry cycle, the growth rate of most products in the automation market did not meet expectations or was negative. Since 2020, we will catch up with such epidemic situation again. The prospect of automation market is not optimistic.
However, the rapid control of the epidemic is a high probability event, so the impact on the automation market throughout the year is relatively limited. Moreover, with the inclination of national policies, the impact of the epidemic and the large-scale application of 5g in China, industries such as semiconductors, lithium batteries, pharmaceuticals, logistics, electric vehicles and semiconductors will grow rapidly in 2020.
Influence of epidemic situation on non-standard automation equipment in 2020
As a world factory, China has long lived in the global market of textile and garment consumption and production and processing center, playing a core role in the global supply chain, and has a significant impact on global production capacity. In the short term, the epidemic will bring challenges to textile and garment enterprises and other manufacturing enterprises in terms of delivery. Some customers may be affected by the macro environment to control the budget of fixed asset investment. If the vision is extended to a few years later, the negative impact of the epidemic on the industry can almost be ignored. In the past, the development of domestic automation production line was driven by technology and cost. After the epidemic, the development of the industry will enter the real demand driven, which brings new business opportunities to non-standard automation equipment.
China's textile and garment enterprises are facing employment difficulties due to the epidemic, while the enterprises adopting non-standard automatic production lines are affected by the epidemic. The epidemic situation stimulated the demand of production automation. Let more and more business owners feel the necessity and urgency of cost reduction, efficiency improvement, transformation and upgrading. After the epidemic, the pace of automation and intelligent upgrading of manufacturing enterprises will be gradually accelerated.