Manufacturing automation to drive China’s robotics spending to US$59b by 2020, says IDC

Bien Perez for South China Morning Post: Annual spending on robotics in mainland China is forecast to continue its rapid expansion and exceed US$59 billion by 2020, as demand ramps up in the country’s manufacturing industry.

The mainland will remain the single largest and fastest-growing robotics market in the world, accounting for more than 30 per cent of global spending during that period, according to a report released Tuesday by technology research firm IDC.

“China continues to lead the growth of worldwide robotics adoption, primarily driven by strong spending growth in process manufacturing and cross-industry applications,” said Zhang Jing Bing, IDC’s research director for worldwide robotics and Asia-Pacific manufacturing.

Robotics expenditure on the mainland is projected to hit US$59.4 billion in 2020, more than double the estimated spending of US$24.6 billion last year. That would make up about half of the Asia-Pacific’s US$133 billion in forecast robotic spending in 2020. Full Article:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Harmonic Drive Introduces New Lightweight Versions of Select Gearhead Products.

Harmonic Drive Introduces New Lightweight Versions of Select Gearhead Products.

Harmonic Drive LLC, a leader in high precision motion control introduces new lightweight versions of select gearhead products. The new gearheads are ideal for designs where weight is a critical factor. Building on the success of Harmonic Drive LLCs current gear units, new lightweight versions were the next logical evolution of the CS/ SH product lines. With weight reductions of 20-30% without any reduction in torque ratings, the Lightweight (LW) gear units provide exceptional torque density.