Chinese Market for Industrial Robots to Grow at 10 Percent CAGR to $1.3 Billion in 2017

  Enquire / contact me

Shipments will reach more than 52,000 units

Chinese Market for Industrial Robots to Grow at 10 Percent CAGR to $1.3 Billion in 2017
Chinese Market for Industrial Robots to Grow at 10 Percent CAGR to $1.3 Billion in 2017

China's market for industrial robots is estimated to rise to $1.3 billion in 2017, expanding at a compound annual growth rate (CAGR) of 10 percent from $810.4 million in 2012, according to a new report from IHS Inc.. An estimated over 29,000 industrial robots were sold in China in 2012, with unit shipments to increase by about 13 percent per year from 2013 to 2017, IHS predicts. By 2017, industrial robot unit shipments will reach more than 52,000 units.

"The growth rate for revenue is less than that of unit shipments because of the expanding market, fierce competition and technical advances lead to the price erosion," said Jay Tang, industrial automation analyst for IHS.

Articulated robots are the largest segment by robot type, accounting for 87 percent of the total market in 2012, and will remain so through 2017. Most of these robots will be used for welding applications in the automotive sector.

From 2012 to 2017, revenues generated from selective compliance assembly robot arm (SCARA) robots are forecast to grow the fastest because the industries in which they are used are facing labor shortages and rising labor costs. Food and beverage, consumer electronics and electronics/electrical are three of the most labor-intensive industries, and robots are being used more in these areas.

Some articulated robot suppliers, in particular, are entering these areas with high performance-price ratio and flexible products. SCARA robot suppliers will continue to dominate here because of their lower prices, as well as experience and industry knowledge.

Meanwhile, the market for linear robots is fragmented given the limited technology content of the machines and because they have the lowest of all robot prices. Linear robots are used to do simple work including handling operations, simple assembly and simple machining. There are many market leaders in niche markets, including rubber and plastics, electronics and metal processing.

For their part, parallel robots are used to quickly pick up and assemble light payloads in the food/beverage/personal care and electronics industries. This market is very small and very few suppliers currently exist for this robot type.

Some international suppliers believe that parallel robots will be replaced by articulated types because the latter are getting faster. Still, establishing economies of scale here is difficult because the price of parallel robots is higher than that of other robots, even though some suppliers are developing new applications, such as polishing.

At the other end of the spectrum, the market for cylindrical robots is decreasing because of their limited dexterity. As articulated robot sizes and prices decrease, they offer greater dexterity at competitive prices. A further breakout for cylindrical robots is not included in the report covering the overall subject.

Finally, for dual-arm robots, not many manufacturers have these machines available for commercial use, and no dual-arm robots were sold in China in 2012. IHS predicts that production of industrial robots in China will start with low-end applications, and as dual-arm robots are high-end products, they are unlikely to be produced from 2013 to 2017.

Posted on January 9, 2014 - (143 views)
by
Related articles
High-Speed Camera with 4 Channels CXP-12
Bolts Configurator with Groove
3D Scanning and Inspection Solutions
Bi-Metal Temperature Gauges
Hoist Trolleys
Reels for Hydraulic Applications
Growth Record for Schaffner in Fiscal Year 2017/2018
Industrial Wireless LAN Access Points
FMAC NEO: 3-Phase Mains Filter
Molex Acquired CVS Division of Laird Limited
Sensing Innovation in Process and Control
Ultrasonic Flowmeter TRX
Hannay Reels Delivers Every Time
Multi-protocol Network Diagnostics
Take your Manufacturing to the Edge. Connect Everything
Power in new Dimensions - BXT Motor Family
Mechanical Position Sensor MP600 Series
Heaters of H series
3 Phase Book Style EMC Filter
Leading Distributor in Automation & Robotics Technology
High-Speed Camera with 4 Channels CXP-12
Bi-Metal Temperature Gauges
Industrial Wireless LAN Access Points
FMAC NEO: 3-Phase Mains Filter
Cogent DataHub IoT Gateway
Chip Fuse for Highest Demands
SUT-H: for Hgh Inrush Currents
FPBB RAIL - Compact DIN-Rail Filter
DG11: IEC Appliance Plug with Circuit Breaker
Labfacility L60+ Thermocouple & Fine Wire Welder
Bi-Metal Temperature Gauges
Hoist Trolleys
Interactive Projection Module
JVL Shows the Highlight of SPS IPC Drives 2018
Schildknecht Presents the Universal ioT Gateway at SPS IPC Drives 2018
Danfoss Drives Presented its Latest Novelties at SPS IPC Drives 2018
Rockwell Presents the iTrack System at SPS IPC Drives 2018
Microscope Optics by Optris Presented at SPS IPC Drives
Aucotec Presents the DCS Portal at SPS IPC Drives 2018
LMI Technologies Receives the Certification for Integration with Universal Robots