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Increasing Demand for Industrial Automation and Intelligentization Drives Global Industrial Robot Industry

Research and Markets has announced the addition of the "Global and Chinese Industrial Robot Report, 2014-2017" report to their offering.

With increasing demand for industrial automation and intelligentization, global industrial robot industry flourishes, hitting a record high in 2013 with annual sales and ownership arriving at 178,000 units and 1.332 million units, up 12.0% and 7.9% year on year, respectively.

Global industrial robot capacities are concentrated in Japan, about 60% of the global total, while sales markets are mainly in Japan, the U.S., Germany, South Korea and China, which held a combined share of 70.2% in 2013.

China industrial robot industry sprouted in 2003, sped up from 2010, and overtook Japan as the world's largest consumer market in 2013 for the first time. According to China Robot Industry Alliance (CRIA) statistics, industrial robot sales volume in China in 2013 was 36,560 units, or 1/5 of the global total, and is expected to reach 45,000 units in 2014 and around 100,000 units in 2017.

In spite of this, the Chinese industrial robot market is still dominated by foreign companies, which sold more than 27,000 units of industrial robots in China in 2013, 74% of total sales volume, of which ABB, FANUC, Yasukawa Electric and KUKA occupied 65% or so, and nearly monopolized high-end fields like industrial robot manufacturing and welding.

In addition, China's industrial robot density (the number of robots used by every 10,000 workers) is much lower than that in developed countries, standing at only 30 in 2013, well below the global average of 62, in stark contrast to 437 in South Korea, 323 in Japan and 282 in Germany around the same time.

Being optimistic about the Chinese market due to multiple factors of positive policies, replacement of manpower by robot, industrial transformation and upgrading and increasing downstream demand, companies at home and abroad are stepping up efforts to make presence in China industrial robot industry.

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