Mainstream industrial robot companies all have studied robotics for a
long time although none is able to master the core technology of the industrial
chain. Specifically, ABB is good at robot control and software, Fanuc numerical
control, Yaskawa Electric servo motor and cleaning and KUKA control and
software. Although international giants have built their manufacturing base in
China, It is said that core technology and software determining robot
performance are still kept abroad. Therefore, industrial robot is
technology-intensive and the technical barrier of the industry is relatively
high.
In 2014, driven by the stable increase in auto industry's demand, the
number of industrial robot installed around the world hit a record of 0.205
million, increasing 15.2% year on year. International robot giants have seized
the Chinese market in recent years, leading to an increasingly fierce
competition in the market.
Known as the big four in industrial robot
industry, KUKA, ABB, Yaskawa Electric and Fanuc have
successively built manufacturing bases in China in recent years, among which
ABB has located its global headquarter of robot division and one of the two
manufacturing bases in Shanghai.
Against the background of rising labor cost and fierce market
competition, the domestic demand for industrial robot grows with each passing
day. During the period of 2008-2012, the number of newly installed industrial
robot averaged 15,000 per year.
As consumers' requirement of product performance and quality keeps
improving and labor cost keeps rising, the pressure of transformation and
upgrading facing Chinese manufacturing industry continues to increase. As a
representative in intelligent manufacturing, industrial robot plays an
increasingly important role in industrial transformation and upgrading. Driven
by industrial policy and market demand, China's industrial robot industry has
realized rapid growth with leading enterprises improving capacity and newcomers
growing in number. In 2014, 12,050 industrial robots were made in China,
increasing 26.2% year on year. And China has become the world's largest
industrial robot market with sales in 2014 reaching 56,000. It is expected that
by 2016, China's industrial robot ownership will rank first in the world, the
reasons for which lie in industrial transformation, robot density and young
man's attitude toward employment.
Inquiry on This Report at http://www.chinamarketresearchreports.com/contacts/inquiry.php?name=115176
With regard to downstream application, auto and electronic industries
are the major application fields of industrial robots in China. As the largest
application field of industrial robot, auto industry takes up a share of 38%
and is also the industry with the highest density of industrial robot.
With the development of automation in Chinese factories, industrial
robots will soon be applied to such industries as electronics, rubber &
plastic, war, aircraft manufacturing, food, medical equipment and metal works.
The rapid growth of industrial robot market demonstrates exactly that
compared with other manufacturing powers, the density of industrial robot in
China is still low. In 2011, the density of industrial robot among every 10,000
manufacturing workers was only 21, lagging far behind that in Japan (339),
Korea (347), Germany (261), the US (135). Even in fractionized industries like
auto and electronic industry, the density is still lower than that in other
manufacturing powers.
The Chinese government has issued a series of policies to support the
development of industrial robot industry. In Dec. 2013, the Ministry of
Industry and Information Technology of the People's Republic of China issued
the Guidelines on Promoting the Development of the Industrial Robotics Industry
which set three goals to be achieved by 2020: (1) forming a perfect industrial
robot industrial system and cultivating 3-5 internationally competitive leading
enterprises and 8-10 supporting industrial clusters; (2) improving industrial
robot enterprises' technical innovation capability and international
competitiveness as well as rising China's market share of high-end products to
over 45 percent and (3) improving robot density (the number of robots for every
10,000 workers) to 100 or above.
By the end of 2014, industrial robot ownership in China was about 0.2
million. And the CAGR of annual installation of industrial robot during the
period of 2015-2019 is expected to reach over 20% in China.
As there are many mid- and low-end labor-intensive industries in China
that need to substitute robot for manual labor, the room for industrial robot
to grow is quite large. The demand for mid- and low-end industrial robot is
vast in China, but as such clients have limited ability to pay, foreign
companies hardly attend to them while local enterprises could seize them by
virtue of cost advantage and market familiarity.
On the whole, industrial robot market in China will keep developing fast
in the next few years. Therefore, for investors, certain investment
opportunities exist in relevant industries in the industrial chain of
industrial robot industry.
Readers can get at least
the following information through this report:
- Chinese government's policy supporting industrial robot
- supply and demand of industrial robot in China
- competition in industrial robot market
- major manufacturers of industrial robot in China
- drivers of industrial robot industry
- expectation to industrial robot industry
- The author suggests the following groups of people purchase this report:
- manufacturers of industrial robot
- relevant enterprises in the industrial chain of industrial robot
- investors/research institutions interested in industrial robot industry
Companies Mentioned
Shanghaifanuc Robotics Co., Ltd; Yaskawa Electric (China) Co., Ltd; ABB;
KUKA; Guangzhou Yardway Industrial Robots, Ltd; Anhui Efort Equipment Co., Ltd;
hanghai Triowin Automation; GSK CNC Equipment Co., Ltd; SIASUN Robot &
Automation Co., Ltd; Estun Automation Co., Ltd
Purchase a copy of this report @ http://www.chinamarketresearchreports.com/contacts/purchase.php?name=115176