1、7T2se3r0Ot6kwoPa7T2se3r0Ot6kwoPaDistributed on:22/08/2025 14:35:07 GMTDistributed on:22/08/2025 14:35:07 GMTDeutsche Bank.ResearchDeutsche BankResearchChina Automation Market:Quarterly chartbook 2Q25:Growth,market share and outlookAugust 2025Iris Zheng,Head of APAC Automation&Industrials|(+852)2203

2、5884|IMPORTANT RESEARCH DISCLOSURES AND ANALYST CERTIFICATIONS LOCATED IN APPENDIX 1.Deutsche Bank does and seeks to do business with companies covered inits research reports.Thus,investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report

3、.Investors should consider this reportas only a single factor in making their investment decision.THE CONTENT MAY NOT BE DISTRIBUTED IN THE PEOPLES REPUBLIC OF CHINA(THE PRC)(EXCEPT IN COMPLIANCE WITH THE APPLICABLE LAWS ANDREGULATIONS OF PRC),EXCLUDING SPECIAL ADMINISTRATIVE REGIONS OF HONG KONG AN

4、D MACAU.Deutsche Bank.Research1.Market overview1.12Q25 overview and 2025E outlook71.2End-market details9_2.Market share by product and by company2.1Market share by product122.2Inovance 142.3Estun152.4Supcon162.5Yaskawa Electric 172.6FANUC 182.7Siemens&Schneider Electric192.8ABB 202.9Rockwell&Emerson

5、&Honeywell 212.10 Market share by company over time22_3.China automation component market3.12Q25 growth and outlook263.2AC Servo273.3LV Inverter293.4Small PLC313.5Large PLC333.6CNC353.7DCS37_4.China industrial robot market3.12Q25 growth and outlook 403.2Overall industrial robot market413.3Small 6-ax

6、is robot433.4Large 6-axis robot443.5SCARA robot463.6DELTA robot483.7Collaborative robot(cobot)50_1Table of contentIris Zheng|(+852)2203 5884|Deutsche Bank.Research2Iris Zheng|(+852)2203 5884|Source:Deutsche Bank,MIR2Q25:Component market growth decelerated but Robot picked up;Chinese brands gained sh