China's industrial robot market to exceed 4 bln USD in 2017http://en.people.cn/NMediaFile/2017/0827/FOREIGN201708271114000520760859562.jpg
China's industrial robot market is expected to reach 4.22 billion U.S. dollars in 2017, according to a report released at the ongoing 2017 World Robot Conference in Beijing.
China has been the world's largest market for industrial robots for five years, accounting for over 30 percent of the global market, the report said.
It is estimated that more than 110,000 industrial robots will be sold by China in 2017.
In the meantime, China's service robot market will reach 1.32 billion U.S. dollars this year, up 28 percent year on year, according to the report.
Nearly 300 artificial intelligent (AI) specialists and representatives of more than 150 robot enterprises gathered in Beijing for the World Robot Conference 2017 from Aug. 23 to 27.
Since it was established in 2015, the World Robot Conference has become the biggest and the most international event in the industry.
From the International Federation of Robotics:
Robots: China breaks historic records in automation
Within a year, sales in China surged by 27 percent to 87,000 units (2016). The operational stock of industrial robots marks the highest level in the world. At the same time, Chinese robot manufacturers expand the market share in their home country. By distributive usage: handling: 45%; welding: 26% and industry: electrical-electronics: 35%; automotive: 30%. Compound annual growth rate: 2011-2016: +36% p.a.
“China is by far the biggest robot market in the world regarding annual sales and regarding the operational stock,” said Joe Gemma, President of the International Federation of Robotics (IFR). “It is the fastest growing market worldwide. There has never been such a dynamic rise in such a short period of time in any other market.”
summary (2015 report): https://ifr.org/img/uploads/Executive_Summary_WR_Industrial_Robots_20161.pdf
This post was edited by lionstar at 2017-8-28 05:09
coz they bought KUKA, which is GERMAN
edit, one of few world-leader in this field
http://tinyurl.com/yb47nppg I suppose a lot of people will see this as good news. http://tinyurl.com/yahazz6x http://tinyurl.com/ycemucxl
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