Milestones: Industrial Robot Sales Hitting Tape Inwards China

From Sputnik:

PRC purchased 141,000 industrial robots inwards 2017, upwards 58.1 percentage year-on-year, merely unusual brands accounted for nearly iii quarters of that, showing that the gap is even too then widening betwixt Chinese robot makers too their unusual peers.

The PRC International Robot Industry Summit, held on Tuesday in Shanghai, said the sales too increment charge per unit of measurement of industrial robots hitting records in 2017. Among industrial robots, 37,825 were domestically manufactured, up 29.8 percentage year-on-year.

"As robotics is expanding into nearly every industry, Chinese robot makers should realize the gap between them too unusual brands, accept payoff of China's robotics evolution smash too acquire from foreign sense to help PRC grow from the world's largest robot marketplace position into a robot manufacturing power," said Qu Daokui, president of China Robot Industry Alliance too CEO of Shenyang-based Siasun Robot too Automation Co.

According to Qu, unusual robot makers sold 103,191 robots to China in 2017, up 71.9 percentage from a twelvemonth earlier. Although Chinese domestic suppliers demand keep expanded their marketplace position portion to 32.7 percentage in 2016, the tendency was reversed in 2017, as their portion shrank to 26.8 percent.

In his study of Global Market of Industrial Robots, Junji Tsuda, president of International Federation of Robotics (IFR), noted that about 387,000 industrial robots were installed in 2017 worldwide, up 31 percentage year-on-year, creating $50 billion in revenue, with China as one of key drivers behind the potent growth....MORE