Key Takeaways China Robotics
- Chinese robotics sector files ‘44% of total global patents’.
- Data presented by Buy Shares indicate that China, Japan, and the United States cumulatively control about 58.71% of the global industrial robot installations. Based on the data, China accounts for the largest share at 140,500 units.
- An increase of service robots and drones in public areas is very much expected for monitoring the crowd size, taking temperatures, or even as robotic waiters and deliverers.
- The “special service” robotics segment, including drones and hazard rescue robots, is expected to hit $910 million market share in 2020 and expands at steady rates moving forward.
- Beijing’s “Made in China 2025” plan, a strategy to upgrade the nation’s industrial sector and cut reliance on foreign technology, set a target for local robot manufacturers to supply half of the domestic market by 2020 and 70% by 2025.
- Of the nearly 100 medical robot companies in China, most are still in infancy.
Before digging into the place of robots in China, we need to understand the segmentation of the supply chain.
An increase of service robots and drones in public areas is very much expected for monitoring the crowd size, taking temperatures, or even as robotic waiters and deliverers.
Online collaboration tools and tracking and detection systems will stay due to increasing awareness of hygiene, contributing to improving all aspects across multiple industries. Robotic solutions become pregnant due to the pandemic.