The Value of Robots

According to the latest information from the International Organization for Standardization (ISO), a Robot is defined as a programmable actuator with a certain degree of autonomy that can move within its environment to perform the intended task. According to the International Federation of Robotics (IFR) classification standards, robots can be divided into industrial robots and service robots. Among them, industrial robots refer to robots applied to the production process and environment; Service robots refer to various robots used in non-manufacturing industries and serving humans in addition to industrial robots, which are divided into personal/household service robots and professional service robots. The Chinese Institute of Electronics combines the development characteristics of China’s Robot industry and divides robots into three categories: industrial robots, service robots and special robots.

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In 2019, the global Robot market continued to grow, reaching 29.40 billion US dollars, and China’s industrial scale reached 58.87 billion yuan. Automobiles and parts accounted for 35.8% of the industrial application in China’s industrial Robot market, electronic and electrical accounted for 28.7%, metal processing accounted for 8.2%, food and medicine accounted for 3.1%, warehousing and logistics accounted for 2.9%, plastic processing accounted for 2.8%, and other fields accounted for 18.5%. Home robots accounted for 35.6% of China’s service robot market, special robots accounted for 25.4%, medical robots accounted for 21.0%, and public service robots accounted for 18.0%.

The upstream of the industrial robot industry chain is the core components, including the controller, servo system and reducer, which are the core technologies in industrial robots. The middle stream of the industrial chain is robot ontology manufacturing, and the four major families of Fanuc, ABB, Kuka and YASKAWA have obvious advantages, occupying 40% of the global industrial robot market share. 3HAC025466-001 has a nice sale in the world. While domestic manufacturers are still catching up because of their late start. The downstream is system integration, currently mainly concentrated in automobile manufacturing and 3C electronics industry, which account for almost half of the downstream application of industrial robots, but the growth rate is faster in the long-tail market such as food and beverage, logistics, photovoltaic, and lithium batteries.

In 2019, the global service robot market size was 13.50 billion US dollars, accounting for 45.9% of the overall robot market size, accounting for an increasing proportion, and the global industrial robot market size was 15.90 billion US dollars, accounting for 54.1%. From the perspective of global regional development, the Asia-Pacific region is the most active market for robots, accounting for 60.2% of the global share, followed by Europe and North America, accounting for 19.9% and 17.4% respectively.

The scale of China’s robot market continued to grow, reaching 58.87 billion yuan, with a growth rate of 9.8%, China’s service robot market size was 20.65 billion yuan, accounting for 35.1% of the overall robot market size, accounting for a further increase in proportion, and the industrial robot market size was 38.22 billion yuan, accounting for 64.9%. East China, Central South China and North China are the regional markets with good development of Chinese robots, with market shares of 31.8%, 26.9% and 15.8% respectively.

Published on 11/16/2022