China'S Industrial Robots And Custom Automated Machines Have Become The World'S Largest Application
The "China Robot Industry Development Report (2017)" released in Beijing shows that China's robot market has entered a period of rapid growth, and industrial robots and non-standard automation equipment have become the world's largest application market for five consecutive years. Li Ting, director of the Research and Consulting Center of the China Electronics Society, said that China is the world's largest industrial robot application market, accounting for about one-third of the global market share. With the intelligent transformation and upgrading of manufacturing, the industrial robot market will continue to flourish. It is estimated that the sales volume of industrial robots in China will exceed 110,000 units for the first time in 2017, and the market size will reach US$4.22 billion. By 2020, the size of the domestic market is expected to expand to 5.89 billion US dollars. According to the report, as the population ages and the demand for medical care a...