Chinese Robot Market Growth Remains Strong, Says STM Report

Robotics Business Review

The Chinese robot market has been the largest one in the world since 2013. Despite the already high sales level, robot sales rose again by 30% last year. The International Federation of Robotics expects that China will be responsible for 40% of the worldwide demand by 2019.

STM’s newest research supports this assessment. The growth momentum will continue in 2017 and beyond, according to experts from leading foreign and Chinese robot manufacturers, component suppliers, and systems integrators. Rising labor costs and a still low level of automation, as well as the increasing abilities of intelligent and collaborative robot solutions, will fuel this growth — not to mention the ambitious goals of the Chinese government.

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