The International Federation of Robotics published its annual report in Shanghai, where it said China, Japan, South Korea, the United States and Germany are the top five markets, representing 80 percent of global installation in 2098. The report said China topped all markets by installing 154,000 units of industrial robots last year, making up 36 percent of global installation, and surpassing the combined amount of the American and European markets.
The total value of installations in China surged 21 percent year-on-year to $5.4 billion, it added. China's robot density, which is the number of robots per 10,000 persons used in the manufacturing industry, reached 140 last year, higher than the global average of 99, the reports said. "Ten years ago, the robot density in China was about 20, and today it is 140. We still see a lot of capacity potential in the Chinese market moving forward," said Wyatt, who suggested there is the huge potential in China as it continues to improve the level of its robot density in the future.
China forecast 2020 – IFR (International Federation ofrobotics) predicts annual sales increase between 15 and 20 percent on average
The Chinese government wants to transform China from a manufacturing giant into a world manufacturing power according to the ten-year national plan “Made in China 2025”. The plan includes strengthening Chinese robot suppliers and further increasing their market shares in China and abroad. China intends to forge ahead and make it into the world’s top 10 most intensively automated nations by 2020. By then, its robot density is targeted to rise to 150 units – this being the number of industrial robots per 10,000 employees. Today, Asia is the leader regarding robot density is South Korea, with 531 robot units. In the Americas, it is the USA with 176 robot units and in Europe, it is Germany with 301 robot units.
The International Federation of Robotics (IFR) has listed China’s robotics industry as one of the fastest-growing in the world. Based on its data, China is expected to produce 150,000 industrial robot units and have 950,300 industrial robots in operation by next year. In 2018, the Chinese market held a roughly 30% share of worldwide industrial robot sales. The Chinese government has already set a target to acquire over 50% of global market share by next year. Grand View Research forecasts the global industrial robotics market to exceed $40 billion by 2020. China robotics industry: Automation to increase labour productivity Regarding robot density, or the number of robots per 10,000 workers, Asia is the leading continent. South Korea stands at the top position with 710 robot units, followed by Singapore at 658 units. In contrast, China comes in 21st with only 97 units. The Chinese government aims to raise this robot density to 150 units by 2020, to pave its way to self-sufficient, automated industry.
In addition to the industrial sector, the household robotics market is also growing, as consumer demand for helping robots is steadily increasing. According to researcher MarketsandMarkets, the household robots market is expected to grow from $3.3 billion in 2019 to $9.1 billion by 2024. Again, China is expected to be one of the most important markets for these robots, both in terms of size and growth.
The goals of Made in China 2025 include increasing the Chinese-domestic content of core materials to 40 percent by 2020 and 70 percent by 2025. The plan focuses on high-tech fields including the pharmaceutical industry, automotive industry, aerospace industry, semiconductors, IT and robotics etc, which are presently the purview of foreign companies.