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所属报告：
埃斯顿-公司研究报告-机器人龙头受益智能焊接从1到10-230925（36页）.pdf
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磷化铟产业链
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铟产业链
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2026-07-21
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浮法玻璃上下游产业链
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产业链
2026-07-21
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光学级铌酸锂材料产业链梳理
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产业链
2026-07-21
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砷化镓产业链
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产业链
2026-07-21
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2026-07-21
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聚氨酯产业链
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2026-07-21
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通过不断收购，公司已经形成“核心部件+本体+机器人集成”全产业链竞争力，22 年核心 零部件自 主加工率达 90%以上。2016 年以来，公司通过 收购实现在上下游的充分布局，包括德国 M.A.i.（中高端集成应用）、Cloos（焊接机器人）、TRIO（动力控制解决方案）、Barrett（微型伺服驱动技术）等。公司自动化核心部件产品线已完成从数控、电液伺服和交流伺服系统到运动控制系统完整解决方案的转型，能为客户提供定制化、个性化的解决方案。同时工业机器人产品线在自主核心部件的支撑下快速发展，据公司 22 年年报，公司机器人关键机械零部件自主加工率达到 90%以上，能有效抵御供应链风险，产品交付和服务响应的能力进一步提升。
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埃斯顿-公司研究报告-机器人龙头受益智能焊接从1到10-230925（36页）.pdf
21年后公司国内营收恢复高增长状态
2023H1年海外营收占比29%
公司两大主营业务2011-2023H1年营收增长情况
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