Foreign servo system products have appeared as early as 1950, compared with foreign countries, China's servo system industry has developed late. From the perspective of the entry process of the main competitors in China's servo system industry, the earlier layout is Mingzhi Electric, Estun, Huichuan Technology, Sine Electric and so on. The registered capital scale gap between enterprises is large
China's servo system market is mainly divided into Japanese and Korean brands, European and American brands and domestic brands three camps, due to the need for a high level of technology, the servo system market has been dominated by foreign brands. In recent years, domestic manufacturers through the introduction, digestion and absorption of international advanced technology initiatives, and continue to strengthen the servo system related technology research and development and production capacity, domestic servo system product quality and technical level continue to improve, and gradually in the domestic market to obtain a certain share, but compared with international well-known enterprises, its overall performance, reliability there is still a certain gap.
Foreign servo system products have appeared as early as 1950, compared with foreign countries, China's servo system industry has developed late. From the perspective of the entry process of the main competitors in China's servo system industry, the earlier layout is Mingzhi Electric, Estun, Huichuan Technology, Sine Electric and so on. The registered capital scale gap between enterprises is large, the registered capital scale of Huichuan Technology reaches 2.635 billion yuan, and the registered capital scale of Star Technology, Buke shares, Sine Electric and other enterprises is less than 100 million yuan.
In the general servo market, the performance and characteristics of foreign brand products are different, and domestic manufacturers gradually catch up through continuous research and development. In the first three quarters of 2022, the share of domestic brands increased significantly, reaching 30.51%.
From the perspective of enterprise competition pattern, China's domestic brands through continuous research and development, performance continues to improve, has been close to Japan, South Korea and Taiwan manufacturers, while having obvious price advantages and supply advantages, Huichuan Technology, Hechuan Technology and other manufacturers in recent years, the market share has increased significantly. Specifically, in 2022, the domestic brand Huichuan Technology ranked first among domestic brands with a market share of 21.5%, and the market share of Hechuan Technology reached 3.4%, and the share of domestic enterprises gradually increased.
