7714 ZYGO

In 2011, the manufacturing industry of industrial automatic control system devices in China achieved remarkable results. The total industrial output value achieved throughout the year was 205.064 billion yuan; The product sales revenue was 199.673 billion yuan, a year-on-year increase of 24.66%; The total profit achieved was 20.284 billion yuan, a year-on-year increase of 28.74%. Domestic automatic control systems have made breakthroughs in the fields of thermal power, fertilizer, and oil refining.

The main players in China’s industrial automation market are software and hardware manufacturers, system integrators, and product distributors. In the field of software and hardware products, the mid to high end market is almost entirely monopolized by well-known foreign brand products, and this situation will still be maintained

In the field of system integration, multinational corporations occupy the high-end of the manufacturing industry, and companies with deep industry backgrounds take the initiative in system integration business in related industries. System integration companies with rich application experience are full of competitiveness.

In the industrial automation market, there is a mismatch between supply and demand. The customer needs a complete electrical control system that can meet their own manufacturing process, while the supplier provides various standardized device products. Different industries have significant differences in electrical control, and even customers in the same industry have significant differences in demand due to their different processes

This contradiction between supply and demand has created development space for the industrial automation industry.

China has the world’s largest market for industrial automatic control system devices. Traditional industrial technology transformation, factory automation, and enterprise informatization require a large number of industrial automation systems, and the market prospects are broad. Industrial control automation technology is developing towards intelligence, networking, and integration. Based on the promising development prospects of industrial automation control, it is expected that the market size of the industrial automation control system device manufacturing industry will exceed 350 billion yuan in 2015.