1) The field of robotics is undergoing rapid and revolutionary changes
Among them, the rapid development of industrial robots is inseparable from the continuous improvement of their core components. One of the most critical core components in industrial robots is the RV gearbox.
Over the past 30 years, foreign RV gearboxes have reached a relatively mature technological level. With the development of China's industrial robot industry, domestic RV gearboxes have also been continuously improved.
The gap between domestic RV gearboxes and foreign brands is narrowing. With ongoing technological innovations and strong support from national policies, domestic RV gearboxes will undoubtedly have broader development prospects in the future.
As technology advances, our lives and work are becoming increasingly intelligent. The development and application of robots reflect the modernization of our lives. Among the most critical technological components in robots is the RV gearbox. The cost of an industrial robot is composed of the robot body (22%), servo system (25%), gearbox (38%), control system (10%), and other components (5%). According to GGII data, in 2017, the demand for RV gearboxes in China's industrial robot industry reached 319,600 units, a year-on-year increase of 63.9%, with a market size of 2.24 billion yuan, a year-on-year increase of 45.4%.
The robot joint RV gearbox is undeniably one of the core components of industrial robots, accounting for over 30% of the total cost. Currently, the domestic market for robots is experiencing rapid growth, which is driving the demand for robot joint RV gearboxes to grow at a compound annual growth rate of nearly 20%.
2) However, there are challenges that need to be addressed
The high price and long delivery lead time of robot joint RV gearboxes have hindered the growth of the domestic market. Additionally, many domestic gearbox manufacturers started relatively late and have relatively backward technology compared to their foreign counterparts. As a result, the domestic gearbox market, especially the high-end market, has long been dominated by imported brands, leading to a situation of inadequate supply to meet the demand.
To overcome these challenges and seize the opportunities in the market, close collaboration between domestic and foreign robot manufacturers is crucial. Dongguan FUBAO, for instance, has already established partnerships with Xinko Robotics and Guangzhou Numerical Control, and has successfully passed preliminary testing with companies such as BOMAI Robotics, DJI Innovations, and Han's Laser.
It is believed that in the near future, FUBAO's products will become the next generation of robot joint gearboxes and will not only break the monopoly but also expand their presence in the international market, becoming an indispensable core component of the "big four" robot families.