The Second Half Of Ewen Gun: Domestic Enterprises Are Still Relying On Imports To Expand Capacity

After the epidemic, local sensor enterprises are taking part in the competition of capacity expansion.

On August 27, Golder infrared (002414. SZ) replied in the interactive easy that the company invested a lot of money to expand the production scale of uncooled infrared detectors in the first half of the year, and some equipment had been put into use, optimizing the key technology of detector chip production and manufacturing, so that the production capacity of metal, ceramic and wafer level packaging products was increased again. On August 26, Hanwei Technology (300007. SZ) released the plan of non-public offering of shares, with a planned fund of no more than 1.009 billion yuan. The projects to be raised include the construction of MEMS sensor sealing and testing production line of 220 million yuan, the construction of 1.5 million gas sensor production line with an annual output of 1.5 million yuan, the construction of 190 thousand intelligent instruments and meters production line of 160 million yuan, the construction of 57.5 million yuan of Internet of things system test and verification center, and the intelligent environment The construction of equipment and system production line is 130 million yuan and supplementary working capital is 300 million yuan.

On September 2, Zhao Yuan, a researcher in the communications industry of a securities company in Beijing, predicted to the reporter of the 21st century economic report: "at present, the domestic epidemic situation has been basically effectively controlled, but the foreign epidemic situation is still severe. At the same time, the public's acceptance of the products has increased significantly. The forehead temperature gun and the ear temperature gun have a trend of popularization to ordinary families, so the demand for relevant equipment will continue to grow, but the price will be It's going down. "

At the same time, in Zhao Yuan's opinion, with the development of the Internet of things, the demand for sensors will certainly grow explosively, because in the era of Internet of things, the data of each node needs to be collected, so it is meaningful to interconnect them.

Epidemic situation promotes demand

In the sensor industry, the recent performance of infrared sensor market is very bright. According to the report on the market prospect and investment of China's infrared sensor industry in 2020 (hereinafter referred to as the report), with the rise of intelligent manufacturing, smart city, smart home and the rapid development of the Internet of things, the development of infrared sensor market will be driven. At the same time, due to the impact of the new coronal pneumonia epidemic, the market demand of temperature measuring guns in China and even in the world has soared, which leads to a sharp increase in the demand for thermopile infrared sensors, the key component of temperature measuring guns. In 2019, the consumption of pyroelectric infrared sensors in China will be about 470 million, and it will be about 600 million by 2020.

According to the report, with the continuous growth of domestic market demand for products and parts in the supply chain of contactless infrared detection equipment, the thermopile infrared sensor products of Hanwei technology, Senba sensor and other local manufacturers are expected to rapidly increase the volume.

The so-called non-contact temperature detection equipment mainly includes forehead temperature gun, ear temperature gun and infrared thermal imaging temperature measurement system. With the spread of the epidemic in the world, non-contact temperature detection is one of the important ways of prevention and control. Thermopile infrared sensor is the core component of non-contact temperature detection equipment. Taking forehead temperature gun as an example, the cost of infrared sensor in forehead temperature gun accounts for about 15%, which is the most valuable component of forehead temperature gun.

In addition to being used in forehead temperature gun and thermometer, thermopile infrared sensor is widely used in public health, security monitoring, consumer electronics and other fields. After the outbreak of the epidemic, the thermopile infrared sensor market ushered in an outbreak. According to the data forecast of maxtech international and Beijing Ericsson Consulting Center, the global sensor market scale is expected to reach $258 billion in 2020, of which the civil infrared market is expected to reach $5.601 billion, with a year-on-year increase of 11.11%.

During the most serious period of the epidemic, the supply of Ewen guns was in short supply, and the price of the guns rose sharply from more than 60 yuan before the epidemic to 4500 yuan per unit. At the beginning of February, the Ministry of industry and information technology predicted that the demand for hand-held thermometers was expected to rise to 550000 units, and the demand broke out in a short time, while the production capacity still needs time to keep up. According to the relevant report released by CCID consultants, the annual production capacity of handheld infrared thermometer is only 300000 in 2019, and it is expected to reach 650000 by 2020.

This has also driven the performance of upstream related industry companies. Recently, a number of listed companies with infrared sensors as the main business issued performance forecasts for the first half of the year, and their performance showed an upward trend. In the first half of the year, Hanwei technology achieved a revenue of 907.4628 million yuan, a year-on-year increase of 0.43%, and a net profit of 123.7164 million yuan attributable to the shareholders of the listed company, a year-on-year increase of 42.27%; in the first half of the year, the operating income of Senba sensing reached 167 million yuan, up 88.55% year-on-year, and the net profit was 82158400 yuan, up 126.30% year-on-year.

Under the background of the surge of downstream demand, listed companies have also opened the capacity reserve mode.

Senba sensor revealed: "during the epidemic, the number of orders has been saturated.". Gaode infrared also said that the epidemic fully reflected the importance of infrared thermal imaging products in the front line of epidemic prevention and control, and the company fully guaranteed the production of automatic infrared temperature detection and alarm system products. Hanwei technology also said that the above-mentioned non-public offering to raise funds and expand production will be closely around the company's core products and services.

Core dependence on imported chips

With the rapid development of the industry brought by the epidemic situation, the serious problem of dependence on core chip import is highlighted again. Due to the shortage of overseas chip supply, domestic enterprises still faced the dilemma of "one gun is hard to get" during the epidemic period under the condition of complete production technology of domestic enterprises.

According to yole's data, in 2019, China's internal market will still be dominated by a few companies such as Senba sensor and Golder infrared, with the market share exceeding 70% of the total national consumption.

"As far as I know, the chips used by domestic infrared sensor manufacturers all rely on foreign imports, so it is difficult to break through the technical barriers," Zhao Yuan told the 21st century economic report

In the long run, due to the high technical difficulty and high market concentration of infrared sensors, the number of new enterprises in the industry is small in the short term, and the supply-demand relationship will remain tense in the short term.

The Ministry of industry and information technology mentioned in the "three year action guide for sensor industry" released in December 2017 that 95% of domestic medium and high-end sensors rely on imports, and there is a huge space for domestic substitution. In order to promote the R & D and promotion of infrared sensors, the Ministry of industry and information technology issued the "three year action plan for promoting the development of the new generation of artificial intelligence industry (2018-2020)" in 2017, proposing to focus on the development of intelligent sensors and other related industries.

Under the promotion of policy, the production technology of infrared sensor in China has also been significantly improved in the past few years. In 2020, the design, MEMS process and packaging can reach the international level, and can be applied in key fields such as mobile wearable, Internet, automotive electronics, etc. The industrial manufacturing industry and 3C electronic manufacturing industry, which have more sensor products, are affected by the industrial adjustment and epidemic situation. Under the pressure of cost, more and more customers take domestic brand sensors as the preferred object.

With the domestic infrared sensor enterprises in the R & D end of the environment gradually better, many enterprises are also accelerating the layout of technological innovation. On August 20, Hobson Technology Co., Ltd. announced the completion of a + round financing of tens of millions of yuan, which will be mainly used to strengthen the company's technology research and development, product line upgrading, mass production and domestic and foreign market development. Golder infrared also announced recently that in order to meet the needs of business development, Wuhan Gaode micro electromechanical and sensor Industrial Technology Research Institute Co., Ltd., a wholly-owned subsidiary of the company, will invest in the establishment of sun Gong Wuhan Zhuoxin Technology Co., Ltd., with a registered capital of 100 million yuan, has expanded the sensor international market and carried out overseas sensor project cooperation, investment and M & a business.

? ? As for how to break the situation for infrared sensor enterprises in the future, Zhao Yuan pointed out: "the future development direction of China's sensor manufacturing industry is still to strengthen the upstream technology research and development, especially in the high-end sensor segmentation field. Enterprises need to invest a lot of money and reach a high level of technology in order to stand firm in the industry and not be eliminated by the market."

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