Machine vision penetration in traditional industries continues to increase

As the scale of downstream consumer electronics, automotive, semiconductor, pharmaceutical and other industries continues to expand, and the level of industrialization in major countries is steadily increasing, the penetration rate of machine vision in traditional industries continues to increase and continue to open up new application areas and scenarios.

No leader in the industry, large market space

GGII data shows that in 2018, China's market size of 5.379 billion yuan, a year-on-year growth of 27.95%, GGII expects that in the next five years, China's machine vision market will maintain a growth rate of more than 20%, and reach more than 16 billion yuan in 2023, with a compound annual growth rate of 23.87% for 2019-2023, and a compound annual growth rate of 23.87% for 2019-2023. growth rate of 23.87%, a huge space.

This aspect of the market pattern we take the first echelon players, the first batch of KCI board passed the meeting of the enterprise Tianzhun Technology, for example, its 2017 operating income of 319 million yuan, 508 million yuan in 2018, the market share in 2016-2018 were 2.61%, 3.99% and 4.89%, which means that the first KCI board machine vision market accounted for less than 5%.

To summarize is that the whole industry has a huge prospect, and there is no leader appeared, we are in the stage of rapid market capture. 3D vision camera Mecamand company 2018 shipments of about 100 sets, and this figure has been reached just in the first quarter of 2019, this market increment is no wonder that the machine vision has become the popular track of the current capital chase.

In this regard, Dr. Li Miao of CooperTech explained: "There are two main reasons, technological breakthroughs and market breakthroughs, and technological breakthroughs are mainly due to the fact that a large number of domestic vision startups have broken through in the last few years, such as Meccaminde, CooperTech, Xusheng Vision, Lingsi Robotics, BlueCore, etc., which have made a name for themselves in the field of upstream core parts and components. built, and the intuitive change they have brought is that the price of machine vision has come down dramatically."

Technological breakthroughs have also brought about breakthroughs in application scenarios, and price reductions so that more companies can afford to use machine vision, we take Asahi vision as an example, the current imported products in a set of three hundred thousand or so, Asahi can do about fifteen million, the performance of imports to do 80% to 90%, in general, the domestic products are very cost-effective. Then why in recent years the price of machine vision will fall so quickly, this also has to start from its industrial chain.

Machine vision industry chain

The machine vision industry chain is divided into upstream and downstream as the demarcation point for the bottom developers, first of all, from the upstream, is divided into the image acquisition: light source, lenses, cameras, capture cards, mechanical platforms; image processing and analysis: industrial control hosts, image processing and analysis software, graphical interactive interfaces; judgment execution: teletype unit, mechanical units, which are the core of the Parts and components.

And in the downstream equipment assembly and integration links test is the enterprise price, depth of customization and service advantages.

Just as the domestic industrial robotics system integrator pattern and logic, China's machine vision industry is also mainly concentrated in the technical content and value of the lower integration and equipment assembly. This is mainly because the domestic machine vision started late, there is a gap in technology, in the last decade or so only really began to realize the application of the industrial field, the industry has just begun, the enterprise scale is small, the market space.

The foreign part of the industrial vision manufacturers have the advantage of the whole industry chain, which basically monopolizes the high-end market, vision algorithm software, vision pro, halcon, mil, hexsight, evision, avl, etc.; intelligent camera mainly Cognex, Keens, microscan, Bonner and so on.

To summarize, this is an industry where technology is king and gross margins are extremely high. And before the foreign manufacturers monopolized the core technology and service scene less reason, the whole industry is narrow, and now the domestic manufacturers began to launch the impact of the core technology, while plowing the application scene, the industry scale is rapidly expanding, the price is rapidly reduced. But in the short term, the industry technology is still difficult to break through, the core profits are still mastered by foreign investors.

Short-term look at 3C, long-term look at the whole

The last point focuses on the application, machine vision industry is widely used, the main four functions, guidance and positioning, appearance detection, high-precision detection and identification. And from the industry point of view, in the short term, electronics and semiconductor manufacturing is still the core downstream application areas of industrial vision, mainly because of the semiconductor and electronic equipment manufacturing on the existence of rigid demand for industrial vision technology.

Industrial vision is characterized by high precision, which is naturally suitable for high performance and precision manufacturing of specialized equipment. Semiconductor manufacturing, for example, its front and middle processes need industrial vision precision positioning and visual measurement, the back end of the process in the wafer electrical inspection, cutting, AOI packaging, testing and other processes need to be a large number of use of industrial vision technology.

The future of domestic enterprises need to be based on the electronics industry. China has long been the world's largest manufacturer of 3C products, production capacity of about 70% of the world. But 3C overall automation equipment penetration rate of only about 20%, resulting in domestic machine vision penetration is also low, because machine vision is mostly combined with automation equipment at the same time application.

With the development of technology and cost reductions, the future of other industries will take over 3C as the driving force of the industry.

At present, the reason why the application of other industries lag behind the 3C, mainly in the generality of the product there is a lack of intelligence in some scenes can not meet the requirements, for example, when the complexity of the stacked object recognition and sorting, there are still more than 90% by manual means to complete.

With the continuous improvement of the algorithm arithmetic, deep learning and other technology development, other process industries such as automotive industry machine vision will accelerate the penetration of the industry, driven by the rapid development of industrial manufacturing intelligence process industry. And China, with the world's largest industrial manufacturing capacity, will inevitably become the largest market.