Analysis on the development prospect of China's UV printer industry in 2019

The upstream and downstream industry chain of the overall UV Printer industry can be divided into three parts, UV printer products, system integrated UV printer parts suppliers and UV printer operation services. In 2016, the total output value of the domestic UV printer industry was 54 billion yuan, of which the system integrated UV printer output value was 31 billion yuan, accounting for the largest proportion; the second was UV printer products, which accounted for 19 billion yuan; the output value of UV printer operation service was the smallest. It is 40 billion yuan.

We believe that in the field of UV printer system integration UV printers, due to the low price of UV printers, the participating manufacturers are mixed, and the unqualified companies account for the majority. In addition, the geographical division phenomenon exists, the concentration of UV printers is relatively low; for UV In the field of printer products, its technical content and industry barriers are relatively high, and the industry has a high degree of concentration. In recent years, leading product manufacturers with core technologies have more and more voices in the industry chain; UV printer operation service, because the domestic UV printer industry infrastructure is still relatively weak, UV printer operation services have not yet formed a large-scale industry, the current sporadic services are mostly not done by UV printers, but by small factories, traders, decorators Waiting for a simple service.

According to different product types and scope of application, UV printer products can be divided into home improvement industry and advertising industry. The home improvement industry accounts for 51% of the domestic UV printer industry, and urban advertising and integrated decoration have led to a rise in demand. In 2016, the domestic UV printer industry was 54 billion yuan, an increase of 11% year-on-year. The annual added value of the industry was about 19 billion yuan, of which the market share of the home improvement industry was 9.6 billion yuan, accounting for 51% of the total value added. It reflects the core position of the home improvement industry in the UV printer industry. From the perspective of downstream applications, UV printer products are mainly used in the home improvement industry (24%), the advertising industry (18%), and the art industry (16%). These areas are currently in a period of rapid development and remain optimistic about the potential demand in the home improvement industry. .

The goal of the [Twelfth Five-Year Plan" (2011-2015) of UV printers is that the output value of the UV printer industry in 2015 will reach 500 billion yuan. By the end of 2015, the actual output value of the UV printer industry still reached 486 billion yuan, and the target completion rate was 97.2%, basically completed. Twelfth Five-Year Plan goals. By 2020, the total output value of the UV printer industry will reach 800 billion yuan, with a compound annual growth rate of 10%. The overall growth rate of the industry is still considerable. We believe that the infrastructure construction of the UV printer industry will be the cornerstone of the future integrated decoration and advertising industry, and also the key guarantee for the future realization of the home improvement industry. It is expected that with the support of the state and local governments, the UV printer industry will be transformed from sales of hardware products to overall solution sales. At that time, the output value of the industry will inevitably increase further, and the increase in technology content will bring about the strengthening of industry barriers. This in turn leads to an increase in industry concentration. We expect that companies with technology research and development capabilities will lead the industry in the future. At present, each city has a large number of home improvement industries. If it relies entirely on the original decoration, it is both inefficient and costly. At the same time, traditional decoration can only be basic and cannot meet the needs of customers. Based on these factors, intelligence has become an inevitable trend in the development of the UV printer industry.

It is estimated that in the next five years, the average compound growth rate of China's UV printer market will reach 25%. By 2021, the UV printer market will reach about 5.1 billion yuan. UV printers are widely used in the field of UV printers and are the basis for the intelligentization of UV printers.

The theory of deep learning was proposed in 2007 and subsequently applied in domestic and foreign companies, and the field of image and print recognition was the first to apply deep learning techniques. We believe that there are three reasons why intelligence can advance rapidly in the UV printer industry. First, intelligently enhances the added value of products, which can increase the gross profit margin of products; second, the barriers to artificial intelligence technology are high, which requires a large amount of capital and talent input to gain, which leads to only strong companies to compete. In order to enhance the concentration of the industry; third, the linkage of the industrial chain can be realized. After the traditional equipment manufacturers sell hardware equipment and solutions, the operation and maintenance are not technical content, and a large number of small manufacturers occupy the market by cost advantage, and the intelligence is intelligent. Under the trend, operational services require more technical capabilities, which facilitates the entry of operational services by equipment and solution providers. These three factors are also the driving force behind the current giants in the field of UV printers to actively promote smart UV printers.