3Q26 Robot/Automation Landscape Analyzer: How are market shares shifting?

Post MIR's estimated sales data (vs. production data reported by the NBS) as well as our coverage companies' business segment disclosures, we compile our latest landscape analyzer within. Industrial automation (IA) market growth was flat yoy in 3Q26, with OEM (mainly discrete automation) growth offsetting the contraction in the project market. Domestic brands saw sequential share declines across Servo, Low-voltage Inverter, Mid-to-Large PLC and Small PLC, as high-tech verticals (e.g. semiconductors) could be benefiting foreign brands more. INOVANCE retained its No.1 position in Servo, Low-voltage Inverter and SCARA robot; in Mid-to-Large and Small PLCs, INOVANCE slipped one spot, with shares down qoq. Total industrial robot (IR) unit sales grew yoy but declined qoq;