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%.
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AV94A HESG440940R11 HESG216791A ABB module
216NG62A HESG441634R1K HESG216876 ABB AC power input module
216DB61 HESG324063R100J ABB Output module
GJR5252300R3101 07AC91H ABB Analog I/O module
5SHY6545L0001 AC10272001R0101 5SXE10-0181 ABB IGCT module
5SHY5055L0002 3BHE019719R0101 GVC736BE101 ABB IGCT module
5SHY5045L0020 5SXE10-0181 AC10272001R0101 ABB IGCT module
PDD200A101 3BHE019633R0101 ABB Processor module
XXD129A01 3BHE012436R0001 PEC800-BP ABB Programmable control card
PCD231B101 3BHE025541R0101 ABB Static excitation system
PCD230A 3BHE022291R0101 ABB Static excitation system
NU8976A99 HIER466665R0099 HIEE320693R0001 ABB Analog Input Module
NTCF22 ABB Termination Unit
NF93A-2 HESG440280R2 HESG323662R1 ABB control system
MC91 HESG440588R4 HESG112714B ABB Output module
LXN1604-6 3BHL000986P7000 ABB DIN rail power supply
LT8978b V1 HIEE320639R0001 ABB power-supply module
LDGRB-01 3BSE013177R1 ABB I/O Module
KVC758A124 3BHE021951R1024 ABB module
KUC755AE105 3BHB005243R0105 ABB Drive control unit
KUC720AE01 3BHB003431R0001 ABB Power supply drive board
IT94-3 HESG440310R2 HESG112699B ABB Controller module
IOR810 P-HB-IOR-80010000 ABB S800 I/O Gateway Module
INIIT13 ABB Communication_Module
IMMFP03 ABB Multifunction Processor Module
ICST08A9 FPR3335901R001 ABB Analog Remote Unit 24 VDC 200mA
CSA463AE HIEE400103R0001 ABB Programmable communication unit
HIEE300698R0001 KUC321AE ABB The inverter
GDD471A001 2UBA002322R0001 ABB Board
GDB021BE05 HIEE300766R0005 ABB Board
FM9925a-E HIEE451116R0001 ABB Board
SPAD346C3 ABB Stabilized Differential Relay
IOR810 P-HB-IOR-80010000 ABB S800 I/O Gateway Module
INIIT13 ABB Communication_Module
IMMFP03 ABB Multifunction Processor Module
ICST08A9 FPR3335901R001 ABB Analog Remote Unit 24 VDC 200mA
CSA463AE HIEE400103R0001 ABB Programmable communication unit
HIEE300698R0001 KUC321AE ABB The inverter
GDD471A001 2UBA002322R0001 ABB Board
GDB021BE05 HIEE300766R0005 ABB Board
FM9925a-E HIEE451116R0001 ABB Board
SPAD346C3 ABB Stabilized Differential Relay
SD821 3BSC610037R1 ABB Power Supply Device
SC510 3BSE003832R1 ABB Submodule Carrier without CPU
SC560 3BSE008105R1 ABB Submodule Carrier incl
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