The Industrial Robot Industry Is Rapidly Entering The Fast Lane Of Development

At present, China has become the largest robot market in the world. The "14th Five-Year Robot Industry Development Plan" released not long ago proposed that by 2025, China will become the source of global robotics technology innovation, a high-end manufacturing cluster and a new highland for comprehensive applications. In the context of the transformation and upgrading of the manufacturing industry, China's robot industry is ushering in a new period of development opportunities.

According to data released by the International Federation of Robotics (IFR), from 2011 to 2021, the number of newly installed industrial robots in the world has increased year by year. In 2021, 517,000 industrial robots were installed in global factories, a year-on-year increase of 31%, a record high. With an average annual growth rate of 11%, today, the global stock of operable robots is around 350 units. It is estimated that in 2022, there will be 570,000 newly installed industrial robots worldwide. (As shown below)

Global annual installed capacity of industrial robots (unit: thousand units)

Nowadays, raw material prices remain high, supply chains are tense, geopolitical uncertainties and labor shortages are still hindering the development of the global economy. However, under high pressure, the demand for industrial robots continues to rise. It is estimated that the global industrial robot installation in 2022 The volume will increase by 10% to about 570,000 units, and then the growth rate will slow down. From 2022 to 2025, the annual growth rate will be between 5% and 7%.

Forecast of global annual installed capacity of industrial robots (unit: thousand units)