China Outstripped Global Industrial Robotics Market- Market to Surpass 87,000 Units By 2019

China has emerged as the key manufacturing hub of various products and devices in the global market. With growth in manufacturing infrastructure, need for industrial automation in the country has increased tremendously. Further, with rising wage rates, profit margins of companies have started shrinking. Thus, to improve productivity and efficiency, manufacturing companies are widely deploying industrial robots at their facilities.

According to 6Wresearch, China industrial robotics market is projected to reach 87,125 units by 2019. In Chinese industrial robotics market, articulated robots have prominently fueled the growth of the overall market. Extensive usage of these robots in automotive sector has become the key driving factor for the growth of market. Increasing vehicle production capacity is expected to further boost the market for articulated robots in the country. However, in the forecast period, shares of SCARA and Parallel robots are expected to surge due to their adoption in electrical/electronics, semiconductor, and food & beverage verticals.

China primarily imports industrial robots from international market; however, with rising demand of these robots various players have started setting up their industrial robots manufacturing facilities in the country. Companies such as ABB, Yaskawa, and KUKA have set up their plants to meet this rising demand.

Amongst all regions, Eastern region leads the market as the region is the home for various manufacturing industries. Zhejiang Province, Jiangsu Province, Shandong Province, Beijing, Hebei Province, Guangdong Province, Tianjin, Shanghai, Fujian Province and Hainan Province are key the provinces in eastern region. Over the next five years, a shift in demand towards Western and North-Eastern regions is anticipated due to growing industrialization in the two regions.

“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.