Analysis of the Development Trend of China's Industrial Robot Industry in 2017: Market Size or Breaking 80,000 Units

In recent years, with the continuous increase in labor costs, the "machine-for-machine substitution" phenomenon in the industrial sector has become widespread, and the industrial robot market and industry have gradually developed. Since the average wage of employed persons in urban units in China has increased from 18200 yuan 10 years ago to 56399 yuan, under the pressure of high-cost labor force, the use of industrial robots to transform intelligent manufacturing has become a development trend, and it is also one of the major strategies of China's manufacturing industry.

At present, the robotics industry is accelerating worldwide, and it is expected that the sales volume of global industrial robots in 2017 will continue to grow at a double-digit rate, and the sales volume will reach 285,000 units. In 2015, the global sales of industrial robots increased by 12% year-on-year, while the number of industrial robots in use worldwide exceeded 1.5 million. By 2018, this figure will exceed 2.3 million, of which 1.4 million will be in Asia, accounting for more than half.

Source: China Institute of Industrial Research

China becomes the world's largest industrial robot market

Since 2013, China has become the world's largest consumer of robots. In 2014, 56,000 robots were consumed, a year-on-year increase of over 55%, accounting for one-fourth of the world's total consumption. Compared with 5,800 units in 2006, the number of robots soared nearly 10 times. In 2015, the sales volume of industrial robots in China was 68,500 units, a year-on-year increase of 19.9%. It is expected that the size of China's industrial robot market in 2017 will exceed 80,000 units.

Source: China Institute of Industrial Research

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