CHINA ROBOTICS MARKET

INTRODUCTION

 According to government objectives, China will establish itself as a global leader in robotics by 2035 and a centre for creative robotics by 2025. China's embrace of robotics, if successful, will alter the manufacturing industry there.

China's high-tech manufacturing sector, which will become more significant over the next few years, depends heavily on robots. However, they might also be a useful tool for dealing with many of the structural problems the economy is going to experience, particularly those related to an ageing population.

Specifically, these robots are employed for handling operations 42 percent, electronics 37 percent, welding 21 percent, and automotive jobs 16 per cent. Furthermore, the vast majority of the robots doing these tasks to this point have been imported.

However, foreign suppliers, particularly those from Japan, the Republic of Korea, Europe, and the United States, provided China with 71 percent of the new robots that were purchased.

According to China's Ministry of Industry and Information Technology, the world will have the highest robot penetration rate. This will be accomplished by creating three to five zones for the robotics industry and doubling the volume of robot production.

In doing so, it will create robots to perform labour in 52 specified industries, from established ones like automobile building to emerging ones like health and medical.

CHINA ROBOTICS MARKET SIZE AND FORECAST

The China robotics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Xiaomi revealed its robotic humanoid. Tesla may have lost to Xiaomi, but a robot-soldier with a trumpet may have been the first humanoid robot ever built. According to the press release, Sophia, the first humanoid robot to become a citizen, uses vision to digest its surroundings.

It can perceive 3D space, as well as sense and react to human emotions voice. CyberOne has the ability to recognise happiness and can even give comfort to the user when they are sad.

The processing units of CyberOne include all of these functions "the sentence included According to The Verge, Xiaomi is a business that is well-known for copying Apple designs.

It has created a robot that, at 5 feet, 8 inches tall, can be referred to as a short king. According to CNN, it also resembles the robots in the film "Ex Machina" in terms of appearance.

COMPANY PROFILE

• Xiaomi
• Quad robotics
• China expo
• Overseas firm
• ABB

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Robotics are manufactured per annum in China? Who are the sub-component suppliers in different regions?
2. Cost breakup of a China Robotics and key vendor selection criteria
3. Where is the Robotics manufactured? What is the average margin per unit?
4. Market share of China Robotics market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture China Robotics in-house
6. key predictions for next 5 years in China Robotics market
7. Average B-2-B Robotics market price in all segments
8. Latest trends in Robotics market, by every market segment
9. The market size (both volume and value) of the Robotics market in 2023-2030 and every year in between?
10. Production breakup of Robotics market, by suppliers and their OEM relationship