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Global Market Report on China’s Industrial Robot Industry

Research and Markets has announced the addition of the "Research Report on China's Industrial Robot Industry, 2015-2019" report to their offering.

Industrial robot is an intelligent manipulator which combines the advanced technologies in machinery, electronics, controlling, computer, sensor and artificial intelligence. Mainstream industrial robot companies all have studied robotics for a long time although none is able to master the core technology of the industrial chain. Specifically, ABB is good at robot control and software, Fanuc numerical control, Yaskawa Electric servo motor and cleaning and KUKA control and software. Although international giants have built their manufacturing base in China, It is said that core technology and software determining robot performance are still kept abroad. Therefore, industrial robot is technology- intensive and the technical barrier of the industry is relatively high.

International robot giants have seized the Chinese market in recent years, leading to an increasingly fierce competition in the market.

Known as the big four in industrial robot industry, KUKA, ABB, Yaskawa Electric and Fanuc have successively built manufacturing bases in China in recent years, among which ABB has located its global headquarter of robot division and one of the two manufacturing bases in Shanghai.

Against the background of rising labor cost and fierce market competition, the domestic demand for industrial robot grows with each passing day. During the period of 2008- 2012, the number of newly installed industrial robot averaged 15,000 per year.

As consumers' requirement of product performance and quality keeps improving and labor cost keeps rising, the pressure of transformation and upgrading facing Chinese manufacturing industry continues to increase. As a representative in intelligent manufacturing, industrial robot plays an increasingly important role in industrial transformation and upgrading. Driven by industrial policy and market demand, China's industrial robot industry has realized rapid growth with leading enterprises improving capacity and newcomers growing in number. In 2014, 12,050 industrial robots were made in China, increasing 26.2% year on year. And China has become the world's largest industrial robot market with sales in 2014 reaching 56,000. It is expected that by 2016, China's industrial robot ownership will rank first in the world, the reasons for which lie in industrial transformation, robot density and young man's attitude toward employment.

Source: http://www.researchandmarkets.com

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