China Industrial Robots MarketChina Industrial Robots Market Unlocking Growth Potential: Analysis and Forecasts 2024-2032
China Industrial Robots Market by Robot Type (Articulated, SCARA, Cylindrical, Cartesian/Linear, Parallel, Others), by Application (Pick, Place, Welding & Soldering, Material Handling, Assembling, Cutting & Processing, Others), by Industry (Automotive, Electrical & Electronics, Healthcare & Pharmaceutical, Food & Beverages, Rubber & Plastic, Metals & Machinery, Others), by Forecast 2024-2032
Base Year: 2023
120 Pages
China Industrial Robots Market Unlocking Growth Potential: Analysis and Forecasts 2024-2032
Key Insights
The China Industrial Robots Market size was valued at USD 3.42 USD Billion in 2023 and is projected to reach USD 7.85 USD Billion by 2032, exhibiting a CAGR of 12.6 % during the forecast period. Industrial robots are programmable devices designed to automate manufacturing operations with the tendency to replace human labour. They ordinarily increase productivity. Industrial Robots are available in different forms like articulated robots, SCARA robots and delta robots, each designed for a particular type of task. The robots are massively equipped with characteristics like accuracy, quickness types of flexibility and therefore are essential in industries like automotive, electronics, and pharmaceuticals. Industrial Robot's capabilities used for various purposes: from assembly and welding to handling of materials, and even to painting, and the revolution of physical operations worldwide. The benefits of industrial robots are manifold: quality of products, acceleration of production processes, and elimination of dangerous work are demonstrated by its operations, thus it becomes an improvement in general.
China Industrial Robots Trends
- Increasing adoption of collaborative robots
- Growing demand for robots in the automotive and electronics industries
- Government initiatives to promote robotics development
Driving Forces: What's Propelling the China Industrial Robots Market
- Rising labor costs
- Growing demand for automation
- Government support for robotics development
Challenges and Restraints in China Industrial Robots Market
- High initial investment costs
- Lack of skilled labor
- Concerns about job displacement
Emerging Trends in China Industrial Robots
- The use of artificial intelligence (AI) and machine learning (ML) in robotics
- The development of new robot designs and applications
- The growth of the collaborative robot market
Growth Catalysts in China Industrial Robots Industry
- Government investment in robotics research and development
- Growing demand for robots from emerging industries
- The increasing adoption of robots in small and medium-sized enterprises
Market Segmentation: China Industrial Robots Analysis
Robot Type:
- Articulated
- SCARA
- Cylindrical
- Cartesian/Linear
- Parallel
- Others
Application:
- Pick and Place
- Welding & Soldering
- Material Handling
- Assembling
- Cutting & Processing
- Others
Industry:
- Automotive
- Electrical & Electronics
- Healthcare & Pharmaceutical
- Food & Beverages
- Rubber & Plastic
- Metals & Machinery
- Others
Leading Players in the China Industrial Robots Market
- EVS Tech Co Ltd (China)
- Siasun Robot Automation Co Ltd (China)
- Estun Automation (China)
- Efort Intelligent Equipment Co Ltd (China)
- Jaka Robotics (China)
- Xiomi Inc (China)
- Shanghai Step Electric Corporation (China)
- HGZN Group (China)
- Borunte Robot Co Ltd (China)
- ABB (Switzerland)
Significant developments in China Industrial Robots Sector
- September 2022: Dobot opened a new manufacturing facility in Shenzhen, China. The manufacturing facility has the capacity to produce 10,000 industrial collaborative robots for various end-user industries. The Dobot Company supplies its robots to 60 companies globally.
- April 2020: HGZN Group signed a partnership with Hyundai Robotics to build a new manufacturing facility to manufacture industrial robots in Haining, China. This manufacturing facility is able to produce around 10,000 industrial robots.
- June 2021: EVS Tech Co Ltd launched a new welding robot for the market, which is capable of performing welding work that is dangerous for a human being. These consist of (MIG) metal inert gas welding, and tungsten inert gas (TIG) welding and spot welding. These robots have a speed of 5X more than other robots.
Comprehensive Coverage China Industrial Robots Market Report
The extensive report offers an in-depth analysis of the China industrial robots market, meticulously examining key trends, influential driving forces, potential challenges, and promising growth opportunities. It provides valuable insights into market segmentation, identifying leading players and highlighting significant industry developments.
Regional Insight
Geographically, the China industrial robots market is segmented into four distinct regions: Eastern China, Western China, Southern China, and Northern China. Eastern China has emerged as the dominant market for industrial robots, accounting for the largest share of revenue. Southern China follows closely behind, showcasing significant growth potential.
China Industrial Robots Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 12.6% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Demand from the Automotive and Construction Sectors to Aid Market Growth
- 3.3. Market Restrains
- 3.3.1. High Initial Capital Investment and Maintenance Costs to Restraint Market Growth
- 3.4. Market Trends
- 3.4.1. Technological Advancement in Equipment to Propel Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. China Industrial Robots Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Robot Type
- 5.1.1. Articulated
- 5.1.2. SCARA
- 5.1.3. Cylindrical
- 5.1.4. Cartesian/Linear
- 5.1.5. Parallel
- 5.1.6. Others
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Pick
- 5.2.2. Place
- 5.2.3. Welding & Soldering
- 5.2.4. Material Handling
- 5.2.5. Assembling
- 5.2.6. Cutting & Processing
- 5.2.7. Others
- 5.3. Market Analysis, Insights and Forecast - by Industry
- 5.3.1. Automotive
- 5.3.2. Electrical & Electronics
- 5.3.3. Healthcare & Pharmaceutical
- 5.3.4. Food & Beverages
- 5.3.5. Rubber & Plastic
- 5.3.6. Metals & Machinery
- 5.3.7. Others
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1.
- 5.1. Market Analysis, Insights and Forecast - by Robot Type
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2023
- 6.2. Company Profiles
- 6.2.1 EVS Tech Co Ltd (China)
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Siasun Robot Automation Co Ltd (China)
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Estun Automation (China)
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Efort Intelligent Equipment Co Ltd (China)
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Jaka Robotics (China)
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Xiomi Inc (China)
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Shanghai Step Electric Corporation (China)
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 HGZN Group (China)
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Borunte Robot Co Ltd (China)
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 ABB (Switzerland)
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 EVS Tech Co Ltd (China)
List of Figures
- Figure 1: China Industrial Robots Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: China Industrial Robots Market Value Share (%), by Robot Type 2023 & 2031
- Figure 3: China Industrial Robots Market Value Share (%), by Application 2023 & 2031
- Figure 4: China Industrial Robots Market Value Share (%), by Industry 2023 & 2031
- Figure 5: China Industrial Robots Market Share (%) by Company 2023
List of Tables
- Table 1: China Industrial Robots Market Revenue USD Billion Forecast, by Robot Type 2018 & 2031
- Table 2: China Industrial Robots Market Volume K Units Forecast, by Robot Type 2018 & 2031
- Table 3: China Industrial Robots Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 4: China Industrial Robots Market Volume K Units Forecast, by Application 2018 & 2031
- Table 5: China Industrial Robots Market Revenue USD Billion Forecast, by Industry 2018 & 2031
- Table 6: China Industrial Robots Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 7: China Industrial Robots Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 8: China Industrial Robots Market Volume K Units Forecast, by Region 2018 & 2031
- Table 9: China Industrial Robots Market Revenue USD Billion Forecast, by Robot Type 2018 & 2031
- Table 10: China Industrial Robots Market Volume K Units Forecast, by Robot Type 2018 & 2031
- Table 11: China Industrial Robots Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 12: China Industrial Robots Market Volume K Units Forecast, by Application 2018 & 2031
- Table 13: China Industrial Robots Market Revenue USD Billion Forecast, by Industry 2018 & 2031
- Table 14: China Industrial Robots Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 15: China Industrial Robots Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 16: China Industrial Robots Market Volume K Units Forecast, by Region 2018 & 2031
- Table 17: China Industrial Robots Market Revenue USD Billion Forecast, by Robot Type 2018 & 2031
- Table 18: China Industrial Robots Market Volume K Units Forecast, by Robot Type 2018 & 2031
- Table 19: China Industrial Robots Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 20: China Industrial Robots Market Volume K Units Forecast, by Application 2018 & 2031
- Table 21: China Industrial Robots Market Revenue USD Billion Forecast, by Industry 2018 & 2031
- Table 22: China Industrial Robots Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 23: China Industrial Robots Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 24: China Industrial Robots Market Volume K Units Forecast, by Country 2018 & 2031
- Table 25: China Industrial Robots Market Revenue USD Billion Forecast, by Robot Type 2018 & 2031
- Table 26: China Industrial Robots Market Volume K Units Forecast, by Robot Type 2018 & 2031
- Table 27: China Industrial Robots Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 28: China Industrial Robots Market Volume K Units Forecast, by Application 2018 & 2031
- Table 29: China Industrial Robots Market Revenue USD Billion Forecast, by Industry 2018 & 2031
- Table 30: China Industrial Robots Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 31: China Industrial Robots Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 32: China Industrial Robots Market Volume K Units Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 12.6% from 2018-2032 |
| Segmentation |
|
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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