In the “In-depth Research and Investment Prospect Forecast Report of China Industrial Robot Industry 2017-2021”, CIC Consultant pointed out that the strong demand has prompted the rapid growth of sales of industrial robots in China. It is estimated that by 2020, the sales volume of industrial robots in China will increase to 191,700. In the “Investigation on China Industrial Robot Industry in 2017-2021 and the Investment Prospect Forecast Report”, China Investment Consulting Co., Ltd. pointed out that demand is strong, which has led to a rapid growth in sales of industrial robots in China.

Demand for domestic industrial robots is strong. Sales volume will reach 191,700 units in 2020.

Domestic industrial robot demand is strong, sales will reach 191,700 units in 2020
Industry stock analysis In the "2017-2021 China Industrial Robot Industry In-depth Research and Investment Prospects Forecast Report", China Investment Consulting pointed out that the increase in demand and sales volume has prompted China's industrial robots to accumulate in recent years. In 2001, China's industrial robots were only 1,630 units. By 2014, China's industrial robots had grown to 189,000 units, with an average growth rate of 45%. The industrial demand for industrial robots in China will continue to increase, and the scale of industrial robots will be further expanded.
Industry Sales Analysis The research on robotics began in the mid-20th century and was based on the rapid development of computer technology and automation technology. The industrial robot industry in the world is in the ascendant, and its scale is relatively small. Most of its applications are concentrated in specific industries such as automobiles and electronics, and are developing in the direction of intelligence, modularization and systematization. The research on robotics in China began in the 1980s, and the gap with foreign countries is still very large. In recent years, China's labor costs have doubled, and the transformation and upgrading of production and manufacturing models is imperative. The industrial robot industry has ushered in a historic opportunity for industrial development.

In the “In-depth Research and Investment Prospect Forecast Report of China Industrial Robot Industry 2017-2021”, CIC Consultant pointed out that the strong demand has prompted the rapid growth of sales of industrial robots in China. In 2001, China's industrial robot sales volume was only 700 units. By 2015, China's industrial robot sales increased rapidly to 66,000 units, an increase of 56% from the 57,100 units in 2014, with an average annual growth rate of 50%. In 2013, China's industrial robot sales surpassed Japan for the first time, becoming the world's largest producer and seller of industrial robots. In 2015, the global sales of industrial robots totaled 247,000 units. China's industrial robot sales accounted for 26.7% of global sales, more than a quarter of the global total. It is estimated that by 2020, the sales volume of industrial robots in China will increase to 197,700 units.

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