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 countrys 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, IDCs 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-Pacifics 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

OnLogic’s Helix 520 Series of Scalable Fanless Computers

OnLogic's Helix 520 Series of Scalable Fanless Computers

The Helix 520 series utilizes the latest Intel Core Ultra processors with integrated edge AI capabilities to deliver exceptional performance and industrial-grade reliability for demanding applications in automation, robotics, machine vision, and more. Its unique modular design allows for flexible scaling of CPU and GPU performance, while robust connectivity and expansion options ensure seamless integration.