Over the years, China has established itself as a world leader in global manufacturing industry. However, in the recent times, China’s manufacturing industry has witnessed certain challenges due to rising wage rates and irregular production on account of labor strikes. These factors have affected the overall industry output and production efficiency of the companies. To overcome these hurdles various companies have started deploying industrial robots at their manufacturing facilities across the country.
According to 6Wresearch, China’s industrial robotics market is projected to reach 87,125 units by 2019. In China, major demand for industrial robots is primarily exhibited from automotive sector. With greenfield and brownfield expansion in automotive sector, the demand for industrial robots have touched to new heights in China. Articulated robots captured major share of pie in overall China’s industrial robotics market due to their extensive usage in automotive sector.
In the next five years, higher growth of industrial robots such as SCARA and Parallel robots are expected due to their increasing acceptability in electrical/electronics, semiconductor, and food & beverage verticals.
In Chinese industrial robotics market, international players such as ABB, Yaskawa, and KUKA have dominated, but the share of domestic players is likely to surge through the forecast period. Growing demand for locally manufactured robots and cost difference are fueling the market for domestic players in the country. The key players in domestic market include- Siasun, STS, Effort, Triwon and GSK.
“China Industrial Robotics Market (2014–2019)” provides in-depth analysis with 61 figures and 5 tables. The report estimates and forecast overall China Industrial Robotics market by revenue & volume, by robot types such as articulated, linear, SCARA, parallel and Cylindrical. Market by verticals such as automotive, consumer electronics, food/beverage/personal care, Electronics/Electricals, Metal Products, Rubber/Plastics, Semiconductor and others and regions such as eastern China, central China, western China and north eastern China. The report also gives the insights on competitive landscape, market share by companies, price trends, company profiles, market drivers and restraints.
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