For many years, China has been one of the fastest growing markets for industrial robots. China has undoubtedly become a market where robot giants compete for beachheads. Fierce competition has brought enormous challenges to the autonomous robot brand, and it has also spurred the growth of related companies. In the next 10 years, the market value of industrial robots may increase to the current three times.
Industrial robots are an important modern automated manufacturing equipment that integrates advanced technologies such as machinery, electronics, control, computers, sensors, and artificial intelligence. With the increase in labor costs and the transformation and upgrading of economic structure, the transformation and upgrading of China's manufacturing industry is also steadily advancing, and "machine substitution" has become a new phenomenon in the manufacturing industry in recent years. From the perspective of market size, at present, China has become the world's largest market for industrial robots for many years, accounting for 30% of global industrial robot sales, and it maintains rapid growth.
According to data from the International Federation of Robotics and Loup Ventures, the market value of global industrial robots this year is expected to reach US$14 billion, which is a year-on-year increase of 13%, and the number of robots sold has increased by 20% compared to last year. By 2025, the industrial robot market is expected to grow to 33.8 billion U.S. dollars. The global industrial robot market in 2016 was valued at US$12.3 billion. So it seems that in the next 10 years, the market value of industrial robots may increase to the current 3 times.
However, the competitiveness of China's industrial robot manufacturing industry is still relatively weak, especially in the core component parts at a disadvantage. However, as China’s related companies and institutions have increased R&D investment, breakthroughs have been made in some key components and parts. Localization of some key components for industrial robots is accelerating, and some regions have formed a certain scale of robot industry clusters.
In foreign countries, the technology of industrial robots has gradually matured and has become a standard equipment that has been widely used by the industry. As a result, a number of influential and well-known industrial robot companies have been formed. They include: AbbRobotics of Sweden, Fanuc and Yaskawa of Japan, kukaRobot of Germany, and Emerson Industrial Automation of the United States, etc. These companies have become pillar industries in their regions.
In contrast, the industrial robot industry started late, probably starting from the “September 5th†scientific and technological breakthroughs in the 1980s. Colleges and research institutes have carried out research on industrial robots in an all-round way, but the growth momentum in recent years has been very strong, such as Shenyang Xinsong Robot. And so have achieved good results.
The average annual growth rate of industrial robots has reached 28% in the past five years. China has become the world’s number one industrial robot application market for five consecutive years. This year’s Chinese robot market is expected to exceed US$6 billion.
As a big manufacturing country, China’s demographic dividend is waning and the demand for robots is very large. At the same time, the demand for intelligent transformation and upgrading of China’s manufacturing is increasingly prominent, and the market demand for industrial robots is still strong. Moreover, due to the early start, almost all of the standards for traditional robots were formulated by foreign countries, and foreign companies dominated, and new generations of robots will emerge with new leaders and industry standards.
According to Qu Dao-kui, President of Xinsong Robotics, the current robotics industry is in an era of transformation and upgrading: Traditional robots are at a major turning point from "machine" to "human". Robots are the traditional machines of the past. Equipment began to transform into new devices that are more intelligent, intelligent, and flexible. This has brought important strategic opportunities to China.
Aquarium Heaters,Aquarium Glass Heater,Glass Heaters For Aquarium,Aquarium Heaters Series
Sensen Group Co., Ltd.  , https://www.sunsunglobal.com