There is still a strong demand for industrial robots, and they have maintained a relatively high growth rate. The global sales growth of industrial robots will average around 12% in the next decade. The application of industrial robots is also concentrated in five countries: China, South Korea, Japan, the United States, and Germany. The sales of industrial robots in these countries account for 75%.
In terms of application industries, the larger ones are in the automotive manufacturing sector, which accounts for 38.7%. In fact, in China, this number is much larger, with nearly 50% used in the automotive manufacturing sector. The application volume in the power/electronics industry has grown very rapidly in recent years, reaching around 21%, and this proportion will continue to increase. Especially in our country, China's production capacity for electronic products accounts for about 60-70% of the global total. In China, the application of industrial robots in the power/electronics industry will have an even greater market.