Robots: It Is Expected That The Domestic Industrial Robot Industry Will Continue To Clear in The Next 2-3 Years, And The Share Of Leading Enterprises Is Expected To Further Increase

Robot analysts say that from Q4 2023 to Q2 2024, the production and sales volume of industrial robots in China can generally maintain a year-on-year growth trend, but the industry price war phenomenon is quite serious, with an average industry price decline of 10-15%. In the first half of 2024, the market share of domestic industrial robots exceeded 50% for the first time, and the sales of leading companies such as Huichuan Technology and Estun grew rapidly. It is expected that the domestic industrial robot industry will continue to clear in the next 2-3 years, and the share of top enterprises is expected to further increase