Supply chain reconstruction: the underlying logic of the explosion of demand for automation components
The superposition of geopolitical conflicts, epidemic shocks and carbon neutrality goals is driving the global supply chain from "efficiency first" to "resilience + efficiency" dual-wheel drive transformation. According to Boston Consulting Group data, 72% of the world's top 500 companies in 2022 have launched regional supply chain reconstruction plans, and automation components, as the core element to improve production line flexibility and response speed, have become a must-have investment for corporate transformation.
Inventory strategy changes drive demand for automated warehousing
The traditional "Just-In-Time" model is transforming to "Just-In-Case", and companies' investment in intelligent warehousing systems is growing explosively. In order to cope with supply chain fluctuations, a fast-moving consumer goods giant built 12 automated stereoscopic warehouses around the world, and purchased 800 AGV handling robots alone, driving the market size of warehouse automation components to grow by 45% year-on-year. According to Deloitte's calculations, automated warehousing systems can increase inventory turnover by 40%, which has become a core means for industries such as retail and medicine to cope with supply chain uncertainties.
Emerging application scenarios create incremental space
The explosive growth of new energy vehicles has become a new engine for demand for automated components. The value of automated components for the battery pack production line of Tesla's Shanghai factory reached 800 yuan/kWh, which is 3 times higher than that of traditional fuel vehicles; the robot density of CATL's new production line exceeded 300 units/10,000 square meters, driving the market size of lithium battery-specific automated components to exceed 20 billion yuan. In addition, the wave of semiconductor localization has driven a surge in demand for wafer fab automation components. In the single-plant automation equipment investment of a 12-inch wafer fab of SMIC, components accounted for 45%, an increase of 15 percentage points from 2020.
New supply chain models emerge
"Distributed manufacturing" and "nearshore outsourcing" have become new strategies to cope with the surge in demand. Schneider Electric has established three major component distribution centers in Mexico, Poland, and Malaysia, shortening the delivery cycle by 50% through regional inventory allocation; a Chinese automation manufacturer has set up an "agile manufacturing unit" in Vietnam to achieve "7-day rapid response" for PLC components in the Southeast Asian market. This "global collaboration + regional agility" supply chain model is becoming the standard configuration of leading companies.
Future Outlook: "Danger" and "Opportunity" during the Demand Explosion Period
With the deepening of the global supply chain transformation, the high growth trend of the automation component market is expected to continue. It is expected that from 2024 to 2026, the global demand for automation components will maintain an average annual growth rate of 25-30%, among which industrial Internet components, green energy-saving components, and AI-enabled components will become the three golden tracks. But at the same time, the risk of supply chain vulnerability still exists - chip shortages, logistics bottlenecks and geopolitical fluctuations may lead to a cyclical adjustment of "demand decline - overcapacity" in the second quarter of 2024.
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