After a quarter of 2019, we participated in several exhibitions and talked with automation vendors about the market performance in 2019.
I don't know whether it is subconscious to choose to hear good news or exchange probabilities. Most of the manufacturers that Gongkongjun asked have expressed confidence in the market in 2019.
For the time being, their performance has not continued the downward trend in the second half of 2018. With the arrival of spring, the company's business has warmed up.
Although the first quarter earnings report has not been announced, but the industrial control through the British for the financial situation, a summary of the automation of the first quarter of 2019 and the benefits of the past two years.
In 2018, GE lost about 22.4 billion US dollars and has lost two consecutive years.
Last year, GE launched the first non-enterprise internal selection CEO, which focused on streamlining the route. In the fourth quarter, GE's revenue was $33.3 billion, and net income turned from negative to positive, far exceeding market analysts' expectations.
In the first year of 2019, GE's total revenue is expected to decline, and it is still unknown how the net profit will perform. However, only in terms of net profit, if it can continue the fourth quarter of 2018, the new CEO is expected to lead GE out of the "famine year" of years of losses.
It can be seen from the figure that despite the decline in Siemens' revenue growth in 2018, the first three months of 2019 continued to grow year-on-year in 2018, which was a good start for 2019. According to the comprehensive performance of Siemens in the previous two years, it is expected to maintain strong growth this year.
It is reported that transportation and industrial digitalization as Siemens' main transformation direction are bringing considerable order growth to Siemens.
It is expected that Mitsubishi Electric's revenue will see another negative growth in the first three months of 2019.
It can be seen that the convergence of Mitsubishi Electric's revenue and China's automation market is still very high.
It is reported that Mitsubishi Electric has announced that it will achieve the goal of operating profit of 8% or more by 2020. And its better performance in the 2018 fiscal year net income accounted for 6% of total revenue.
However, from the perspective of earnings, ABB has fallen sharply since the second half of last year. But the reason behind this is mainly because ABB is fully streamlining its business, focusing, streamlining and reshaping the digital business.
In particular, ABB will be more streamlined after the sale of its grid business to Hitachi last year.
If you look at orders, ABB has maintained a good growth in 2018.
It is reported that the potential market size of ABB's electrical business department, industrial automation business department, motion control business department, robotics and discrete automation business unit will continue to grow at a rate of 3.5%-4% per year for a long time.
Unlike other automation companies that have seen steady growth in revenue, Emerson’s growth last year was still significant.
The first quarter of 2019 continued the growth trend of last year, with a substantial increase from 2018. It is reported that its growth is mainly due to the demand for strong maintenance and repair (MRO) activities, as well as brownfield investment activities focused on expanding and optimizing existing facilities.
In addition, at the beginning of the new fiscal year 2019, Emerson officially completed the M&A transaction on AE Valves and GE Intelligent Platforms.
According to the 2018 financial data released by Infineon's official website, Infineon's operating profit was 1.353 billion euros and the profit margin reached 17.8%.
Due to seasonal reasons, the company expects to decline in the first quarter of FY 2019, but in reality, it has been nearly 3% compared to last year.
In the first three months of 2019, the growth rate slowed down compared with the first quarter, but it still maintained a good performance.
Although Delta has undergone an organizational adjustment to the painful period, it still maintained a good growth in FY 2018. In particular, the growth rate of 5% of the automation business is worthy of recognition.
Regardless of whether it is expected for the full year of 2019 or the expectation of the first quarter, Delta has put forward confidence to maintain growth.
Judging from the benefits of various forecasts, Gongkongjun objectively said that the market did show signs of recovery.
Moreover, according to the previous forecast data published by various companies, the actual data is often more than expected, so the automation market in 2019 is still worth being expected !