[Electrical Equipment] Humanoid robot industry development drives growth in precision reducer investment.
The humanoid robot industry is currently under rapid development. The core component of the robot joint drive unit and joint design is expected to drive demands for planetary reducers, harmonic reducers, and RV reducers first. Optimistically, the market for the above three reducers of 1 million humanoid robots will reach 27.5 billion yuan. Currently, the reducer market is dominated by Japanese brands, while domestic replacement is underway.
Key Point: Precision reducers belong to the technology-intensive industry, with high barriers to materials, processes, and processing equipment. Harmonic reducers, RV reducers, and other products will become diversified and lightweight with electromechanical integration. China’s leading enterprises, such as Leader Harmonious Drive Systems, Shuanghuan Driveline, and Ningbo Zhongda Leader Intelligent Transmission, are more likely to get a head start.
[Chemical Fiber] Korea’s HYOSUNG T&C Group develops nylon material for hydrogen-powered cars.
Korean fiber manufacturer Hyosung T&C recently announced that the company had successfully developed a new type of nylon for manufacturing the liner of hydrogen storage tanks for hydrogen-powered vehicles, a container inside the fuel tank that stores hydrogen and prevents it from leaking. The nylon material developed by Hyosung T&C is 70% lighter than the type of metal commonly used for hydrogen tanks and 50% lighter than high-density polyethylene (HDPE). Meanwhile, it is 30% more effective than other types of metal and 50% more effective than HDPE in preventing hydrogen leaks.
Key Point: Nylon liners can withstand extreme temperatures from -40°C to 85°C. While liners made from other types of metal are heavier and less durable over time, according to Hyosung T&C, the new nylon liners can retain their durability because they do not absorb or expel too much hydrogen gas.
[Energy Storage] The world’s first non-combustion compressed air energy storage power plant is successfully connected to the grid in Jiangsu.
The world’s first non-combustion compressed air energy storage power plant, Jiangsu Jintan national experimental demonstration project of 60,000-kilowatt salt save compressed air energy storage, is successfully connected to the grid, marking a milestone in the development of new energy storage technology. The largest domestic single-unit compressed air energy storage project, 300,000-kilowatt compressed air energy storage project in Hubei Yingcheng, has officially started. After completion, it will have the world’s largest single-unit power, largest energy storage, and largest conversion efficiency in non-combustion compressed air energy storage.
Key Point: Air compressed energy storage has the advantages of high intrinsic safety, flexible site selection, low storage cost, and small ecological impact. It is one of the major directions for the development of large-scale new energy storage. However, it also needs to accelerate technological innovation in non-salt save energy storage and high-efficiency conversion technology.
[Semiconductor] Applications and market scale are expanding; the MEMS industry ushers in its period of opportunity.
MEMS sensor is the perception layer in the digital age and is widely used in fields like AI +, 5G, and IoT. As applications of smart factories, industrial robots, and other products expand, the market for MEMS is expected to reach $ 18.2 billion in 2026. Currently, the high-end market is dominated by European and American enterprises. China has formed a complete industrial chain of design, manufacturing, packaging, and application. With policy and financial support, China is expected to catch up.
Key Point: Leading enterprises such as Goertek, Memsensing Microsystems, AAC Technologies Holdings, and General Micro are increasing their R&D efforts. The synergistic development of materials, technology, and domestic demand will promote the localization process of MEMS sensors in China.
[Carbon Fiber] Carbon fiber composite materials enter a period of rapid increase; their market size will exceed $ 20 billion.
Carbon fiber composite material has high performance with carbon fiber as its reinforcing material and with resin-based and carbon-based matrix material. Carbon fiber composite material has high strength, fatigue resistance, and corrosion resistance. In 2021, its global market exceeded $20 billion, and the domestic market was about $10.8 billion, in which aerospace, sports and leisure, carbon composite materials, and wind power blades together accounted for 87%. In the context of “double carbon”, wind energy undergoes rapid development, and fan blades become large-scale and lightweight, resulting in a sharp increase in the demand for carbon fiber. Moreover, carbon fiber composite material is highly applicable in rail transit. With the continuously rising penetration rate, carbon fiber composite material will enter a period of rapid increase.
Key Point: Weihai Guangwei Composites is one of the leading enterprises engaged in the research, development, and production of high-performance carbon fiber and composite materials in China. 4,000-ton phase 1 of its “10,000-ton carbon fiber industrialization project” in Baotou will be put into production at the end of this year, targeting the wind power blade application represented by carbon beam.
[Medical] National Health Insurance Bureau issues a price limit for dental implant services; Dental implant has a vast market.
On September 8, the National Health Insurance Bureau issued a notice on the special governance of dental implant medical service charges and consumables prices, regulating the charging of dental implant medical services and consumables. Agency predicts that the overall price reduction of single dental implant charges is better than expected, while public hospitals will anchor private dental institutions for multi-level market-based pricing. With the gradual improvement of patients’ dental treatment awareness and the implementation of national policies, the dental implant market has vast space and a short learning curve. The participation of large dental chains is inevitable, which is expected to undertake more incremental demand.
Key Point: Leading private dental institutions represented by Topchoice Medical and Arrail Group say that they will significantly improve the penetration rate and carry out “oral” supermarket business. An increase in amount is easier to form a scale effect than prices. The “dandelion hospital” of Topchoice Medical has reached 30. The industry concentration is expected to grow.
The above information comes from public media and is for reference only.
Post time: Sep-16-2022