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Mar 07, 2022

China's service robot market has accounted for more than a quarter of the global market

Xinhua News Agency Beijing, September 9 (Reporter Yang Na Wei Mengjia) Various and versatile robot products have attracted great attention from attendees at the 2020 China International Trade In Services Fair. The reporter learned from the China Association of Electronics that the overall scale of China's robot industry continues to grow, especially the huge demand potential of service robots. China's service robot market has accounted for more than a quarter of the global market, and the scale of China's service robot market is expected to exceed 4 billion US dollars in 2020, injecting new vitality into the service industry.


Logistics distribution robot, cleaning and disinfection robot, help do rehabilitation training robot, can do surgery robot, can accompany you to chat to your pulse "Chinese medicine robot", can cook the "AI kitchen god"...... In the service robot · intelligent technology special exhibition area of the Service Trade Fair, a variety of good looking and fun robots dazzled people, attracting a large number of visitors "onlookers".


The reporter understands, this exhibition area of tens of thousands of square meters, there are dozens of Chinese robot exhibitors to show the audience the robot the latest achievements of the industry, from Switzerland, Japan, the United States, Israel and other countries, including more than 10 international companies exhibition at the same time, also bring the garbage classification, provide for the aged, wisdom life, wisdom, education and other leading service robot products and application solutions. The exhibition area has become a window for the public to understand the latest achievements of service robots at home and abroad, and is a highlight and "punch card" of the service trade Fair.


Liang Liang, deputy secretary general of The China Association of Electronics, introduced that the global robot market was about 29.41 billion US dollars in 2019, of which service robots were 9.46 billion US dollars, up 14.1% year on year. Service robots are seeing the fastest growth in the field. China's robot market was worth about $8.68 billion in 2019, of which $2.2 billion was for service robots.


Experts say that service robots in China have huge market potential and development space as the population aging trend accelerates and the demand for medical care and education continues to flourish, becoming a bright field in the robot market application. From 2014 to 2019, The average growth rate of China's robot market reached 20.9 percent.


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