|
China's robot sector witnesses increasing demand
BEIJING, Mar 14, 2013 (Xinhua via COMTEX) --
The robot market in China is
showing promising signs as workers get replaced due to soaring
labor costs, according to Thursday's China Securities Journal.
The country's industrial robot sector has climbed about 30
percent in the past five years. However, the number of industrial
robots is about 10 percent of that in Japan and about 25 percent
of Germany, indicating huge market space, according to Ping An
Securities market analysis.
The situation is reminiscent of Japan in the 1980s, when its
robot sector climbed nearly 50 percent in ten years due to hiking
labor costs, Ping An said, forecasting the Chinese robot sector to
gain 30 percent in the next three years.
A total of 22,577 robots were sold in China in 2011, up 50.7
percent from 2010, and the country is now the market with the
quickest growth of robots, according to Sinolink Securities.
The domestic robot market is dominated by producers from Japan,
Europe and the United States, while Chinese companies only take
less than 10 percent of the total, according to Dongxing
Securities.
The country's robot producers may gradually win about 30
percent of domestic market, according to China Galaxy Securities.
[ Back To Technology News's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
