China is transforming from a big manufacturing country to a strong manufacturing country. The country attaches great importance to the development of industrial robot industry and continuously introduces supportive policies to promote the rapid development of industrial robots. The sales volume of industrial robots in China has returned to the positive growth range. In 2023, the new energy industry will continue to expand, and the demand for industrial robots will continue to grow.
First, industrial robot localization rate speed up
At present, the localization rate of industrial robot ontology is about 30%, and the localization rate of core parts is lower than that of ontology. With the gradual improvement of the domestic industrial chain and the increasingly high market requirements for product cost performance, the localization rate of ontology and parts will gradually improve. With the continuous improvement of the competitiveness of domestic industrial robot products, and the focus on high-growth areas such as lithium batteries and photovoltaic, as well as the technological breakthroughs of domestic enterprises, to break the overseas monopoly in key parts and components, the localization rate of industrial robots will continue to improve. The localization rate of industrial robots in China will increase to 35% in 2022 and is expected to reach 37% in 2023.
Ii. The market scale of industrial robots continues to grow
As the direct execution unit of manufacturing tasks, robots play a fundamental and important role in the intelligent manufacturing system. Robots have become an important entry point in the new round of global scientific and industrial revolution. The world’s major industrial developed countries have taken robots as the forefront and focus of the competition in the scientific and technological industry, and intensified their planning and layout. Therefore, the shipment volume of industrial robots is an important parameter to measure the development scale of intelligent manufacturing industry.
In general, the development of China’s robot industry is still in the early stage of development. From the perspective of growth cycle, the once high growth and the current low frustration are just inevitable nodes of growth. In 2022, the market size of China’s industrial robot is about 55.302 billion yuan. “Machine replacement” brings the sales of industrial robots increased year by year, and the market scale of industrial robots is expected to reach 60.141 billion yuan in 2023.
Note: $1 =6.9128 RMB yuan
Iii. Output and installation of industrial robots
According to the 14th Five-Year Plan for Robot Industry Development, China will become a source of global robot technology innovation, a cluster of high-end manufacturing and a new height of integrated application by 2025, with the annual average growth rate of robot industry revenue exceeding 20%. By 2035, the overall strength of China’s robot industry will reach an international leading level, and robots will become an important part of economic development, people’s livelihood and social governance. Driven by national policies, the output of industrial robots in China has been growing rapidly. In 2022, the cumulative output of industrial robots in industrial enterprises above designated size in China has reached 443,100 sets, and the output has exceeded 400,000 sets for the first time, ranking the largest industrial robot market in the world. From January to March 2023, the output of industrial robots in China was 103,700 sets, down by 3.0% year-on-year.