On April 20, 2016, according to a leading global provider of market research and important insights IHS statistics, China's industrial robot market value of $1.3 billion in 2015, and will maintain a 20% compound annual growth rate (CAGR), to reach $3.3 billion by 2020. In 2015, China's industrial robot sales accounted for 13% of the world, will reach 25% by 2020.
More optimistic an analysis from the international federation of robotics, according to the international federation of robotics predicts that 2015 to 2015 in robot sales grew by an average of 16% a year in Asia, Asia's industrial robot sales accounted for about two-thirds of the global sales. China, South Korea, Japan, Israel and other countries are robot technology, industry, standard and active areas of market development.
IHS Technology of manufacturing science and Technology department, senior manager Mark, says Mr Watson manufacturing recovery will bring billions of dollars for the industrial robot market development opportunities. Labor-intensive industries is more and more tend to automated production, especially in rapidly rising labor costs in the asia-pacific region. Labor shortage, lead to higher wages, then reduce the many end users the potential investment gains.
2018 years later, as the end user plant technology optimization process, manufacturing capacity utilization will increase, industrial robot utility ratio increase, product prices lower. And with increasing labor costs, lower commodity prices, and with other low-cost manufacturing area, the fierce competition between the application of industrial robots will be further expanded. Under much starker choices-and graver consequences-in planning, due to the direct credit and tax credit, enterprises can put more money on robot, which is conducive to the growth of the industrial robot market.
However, according to IHS industrial robot market intelligence services, according to new research in China's short-term economic outlook uncertain circumstances, many industries have excess capacity, especially in the heavy industry, which will limit the industrial robot market growth. In this case, the enterprise to improve productivity of demand is not big, so is unlikely to large-scale installation of industrial robots. Instead, they prefer to hire temporary workers, because it is more flexible for local enterprises, less capital intensive. But as China's economy continued to service economy, labor shortages will become more and more obvious.
Mr Watson thinks, the enterprise needs to production flexibility and determine the production efficiency, it lays the foundation for the application of industrial robots. After using robot, the enterprise can easily adjust the production level and manufacturing process, can save labor costs, reduce the dependence on temporary workers.
In 2015, foreign brand occupy more than 80% of the total amount of China's industrial robot sales. These robots foreign brands in China market is dominant and they established a cooperative relationship with domestic leading manufacturers, provides the high quality of the hardware and software and support services. Chinese enterprises in the domestic market share of less than 30%, more than half of the market share is "robot four families" (Swiss abb, Japan fanuc, Germany, Japan yaskawa motor library card). Within 30% of the market, Chinese enterprises in the high end key parts such as servo motor, controller, reducer on basic have to rely on imports.
Mr Watson thinks China's industrial robot market main competitors spend large amounts of money on r&d, to develop with coordination ability, deep learning ability of products, improve the level of the artificial intelligence and other emerging technologies, the development to ensure that they occupy the advantageous position in the industry competition. As a result, China local suppliers are facing fierce battle for market share.
