Robot Industry Will Usher in The Chinese Era

  After the Chinese government released the "Made in China 2025" plan, China's robot market has expanded significantly. The growth trend is particularly obvious in the field of industrial robots required by the manufacturing industry.

　With the development of AI and Internet of Things technology, the Chinese robot market has shown rapid growth in recent years. Data shows that the sales scale of China's robot market has grown by an average of 34.2% in the past five years, making it the world's largest and fastest growing robot market, and its output value has exceeded 100 billion yuan for the first time.

   From the perspective of industrial development, China's robot market has entered a period of rapid growth. Among them, industrial robots have become the world's largest application market for many years; service robots have huge demand potential; and the application scenarios of special robots have expanded significantly. At the same time, with the advent of the "artificial intelligence era" and the rapid expansion of the robot consumption market under the tide of "robot substitution", it is estimated that my country's robot density will exceed 130 units per 10,000 people in 2021, reaching the average level of developed countries. From 2020 to 2025, the overall compound growth rate of the industry will stabilize at around 22%. It is estimated that the market size of China's robotics industry will reach US$40.25 billion by 2025.