Description
hardware flow control. It is an ideal choice in the field of industrial automation.
Orders from China and Asia have slowed down. In Q2 2019, Fanuc received 22.1 billion yen in new orders in China, down 45.83% year-on-year, slightly narrowing for two
consecutive quarters; new orders in Asia excluding China were 20.2 billion yen, down 33.33% year-on-year, compared with Q1″s – 40.45% has narrowed.
2. ABB Q2 robot business situation
2017-2018 was a period of major change for ABB. In 2017, ABB acquired B&R and GE Industrial Systems to further deepen the system integration layout and strengthen
the technical capabilities of control systems and servo systems. In December 2018, ABB was forced by shareholder pressure to transfer its The power grid business
(the business where ABB started, but with low profit margins) was sold to Hitachi Group; in July 2019, ABB announced the sale of its photovoltaic inverter business to Italian
electronics manufacturer Fime rS.pA. Through this series of actions, ABB has established its focus on robotics and automation business.
In 2019Q2, ABB”s revenue was US$7.171 billion, a year-on-year increase of 4% (comparable growth of 1%); but operating profit was only US$123 million,
a year-on-year decrease of 83%, and net profit was only US$64 million, a year-on-year decrease of 91%. The profit decline in 2019Q1-Q2 was mainly due to the
significant increase in non-operating expenses caused by strategic transformation, including the integration costs of the acquisition of General Electric”s industrial solutions business, which
pushed up non-operating expenses, and the sale of the photovoltaic inverter business led to non-operating expenses in the second quarter. Expenses increased
by approximately $455 million and eroded profit margins in the Electrical business unit and across the group.
Robot business: orders fell 9%, revenue fell 3%, and profits fell 36%
In 2019Q2, ABB”s robotics and discrete automation revenue was US$845 million, down 9% year-on-year (down 3% on a comparable basis). Operating profit was
US$76 million, down 36% year-on-year; new orders were US$883 million, down 14% year-on-year (down 9% on a comparable basis); electrical product revenue
increased by 22% (comparable basis increased by 4%), and orders increased by 22% ( Comparable caliber growth 5%), but profit loss; industrial automation revenue
fell 2% year-on-year (comparable caliber growth 3%), orders fell 8% year-on-year (comparable caliber fell 4%), operating profit fell 13% year-on-year; motion control Orders, revenue and
operating profit all increased slightly.
Orders and revenue in Asia declined slightly, with robot revenue falling by 13%.
In 2019Q2, ABB”s orders in Europe were flat, and revenue increased by 6%; in the United States, orders increased by 7%, and revenue could grow by 3%; in other regions such as
Asia, orders fell by 3%, and revenue fell by 2%. In addition, the robot business revenue in Asia, the Middle East and Africa in Q2 2019 was US$306 million, a year-on-year decrease of 13%.
3. Yaskawa Electric’s Q2 robot business situation
In 2019Q2 (March-May), Yaskawa Electric”s revenue was 107.4 billion yen (a year-on-year decrease of 16.2%), and its operating profit was 7.2 billion yen (a year-on-year
decrease of 58.2%). This was mainly due to the continued sluggish demand in the Chinese market and intensified competition.
Operation control and robotics revenue and profits continued to decline. In terms of revenue, the growth rates of Yaskawa Electric”s motion control business, robot business,
and system integration business in Q2 were -22.5%, -10.9%, and 22.6% respectively. The motion control and robot business continued to decline, and the system integration
business continued to grow; in terms of operating profit , operation control and robot profits both fell by more than 50%, and the system integration business suffered another loss.
Revenue in China continues to decline sharply. Q2 Yaskawa Electric”s revenue in China was 24 billion yen, down 29.9% year-on-year; revenue in Japan, the United States, and
Europe fell 6.4%, 5.1%, and 6.9% respectively, and revenue in other parts of Asia (except China) fell 34.5%. Yaskawa Electric”s revenue share in China dropped from 27% in 2018Q2 to 22% in 2019Q2.
The growth rate of robot orders continues to decline, and the growth rate in China and Europe is picking up
In terms of business, robot orders fell by 19% in Q2 2019, and transportation control orders fell by 26%, both of which continued to expand. System integration orders increased significantly by 70%.
Display operation panel CB220B
Display operation panel CAI04
Display operation panel BSM0400CN00
Display operation panel BSFC-02C
Display operation panel BRC410
Display operation panel BRC410
Display operation panel BRC400
Display operation panel BRC400
Display operation panel BRC400
Display operation panel BRC3000A
Display operation panel BRC-300
Display operation panel BRC300
Display operation panel BRC300
Display operation panel BRC300
Display operation panel BRC200
Display operation panel BRC-100
Display operation panel BRC-100
Display operation panel BP914S
Display operation panel BP910S
Display operation panel BP901S
Display operation panel BIOC-01
Display operation panel BI934S
Display operation panel BI933S
Display operation panel BI924S
Display operation panel BI923S
Display operation panel BI914S
Display operation panel BI913S
Display operation panel BDD110 HNLP205879R1
Display operation panel BCU-02
Display operation panel BC810K02 3BSE031155R1
Display operation panel BC810K02
Display operation panel BC810K02
Display operation panel BC810K02
Display operation panel BC810K01 3BSE031154R1
Display operation panel BC810K01
Display operation panel BC810
Display operation panel BC25
Display operation panel BB174
Display operation panel Bailey PCM-10
Display operation panel B5EEd HENF105082R4
Display operation panel B5EC HENF105077R1
Display operation panel B3EA HENF315147R1
Display operation panel AX722F
Display operation panel AX721F
Display operation panel AX670 3BSE000566R1
Display operation panel AX670
Display operation panel ATPU-02A 3HNA004440-001
Display operation panel ASFC-01C
Display operation panel ASDI-03 3HNA010255-001
Display operation panel ARC093AV1 HIEE300690R1
Display operation panel ARC093AV1
Display operation panel APSAF03
Display operation panel APIP-05 3HNA018573-001
Display operation panel APBU-44C 64669982
Display operation panel APBU-44C
Display operation panel APBU-44C
Display operation panel AOFC-02
Display operation panel AO930S
Display operation panel AO930N
Display operation panel AO930B
Display operation panel AO920S
Display operation panel AO920N
Display operation panel AO920B
Display operation panel AO910S
Display operation panel AO910S
Display operation panel AO910N
Display operation panel AO910B
Display operation panel AO910
Display operation panel AO895 3BSC690087R1
Display operation panel AO895
Display operation panel AO890
Display operation panel AO890
Display operation panel AO845A-eA
Display operation panel AO845A/3BSE045584R1
Display operation panel AO845A
Display operation panel AO845
Display operation panel AO820-eA
Display operation panel AO820
Display operation panel AO820
Display operation panel AO815-eA
Display operation panel AO815
Display operation panel AO815
Display operation panel AO810V2-eA
Display operation panel AO810V2 3BSE038415R1
Display operation panel AO810V2 3BSE038415R1
Display operation panel AO810V2
Display operation panel AO810V2
Display operation panel AO810 3BSE008522R1
Display operation panel AO810
Display operation panel AO801-eA
Display operation panel AO801
Display operation panel AO801
Display operation panel AO801
Display operation panel AO723F
Display operation panel AO650 3BHT300051R1
Display operation panel AO610
Display operation panel AO610
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