直通进博会丨需求细分驱动产业升级 ABB深耕中国市场谋新局

Core Insights - ABB demonstrates strong confidence in the Chinese market by participating in the China International Import Expo for the eighth consecutive time [1] - The Chinese process industry is shifting from rapid growth to refined development, leading to both challenges and opportunities for technological innovation and customized services [1][2] - The market is experiencing structural growth driven by the rise of the electric vehicle industry, which increases demand for aluminum processing and silicon steel [1][2] Industry Dynamics - The market has transitioned from a seller's market focused on volume to a more competitive landscape with specific niche segments [1] - Some niche areas are facing overcapacity, leading to compressed profit margins for customers and increased pressure on traditional standardized solutions [1][2] - Companies are compelled to move away from traditional product thinking towards customized services that address cost reduction and quality improvement [1][2] Company Strategy - ABB's solution to market changes involves a dual approach of local R&D and technological innovation [2] - The company emphasizes the need for a rapid response and precise matching R&D system tailored to the fast-changing Chinese market [2] - Artificial intelligence is identified as a key tool for addressing industry pain points, with successful applications in reducing waste and optimizing production parameters [2] - ABB is shifting its business structure by abandoning low-value, overly competitive areas and focusing on customized solutions for energy-saving and process improvement [2][3] - The process automation division is a core business segment for ABB, accounting for approximately 20% of the group's overall business [3]