The industrial robot market is gradually maturing and the development prospects are improving
1. Production analysis
In recent years, the production of industrial robots in China has continued to increase. With the arrival of the post pandemic era, China's industrial economy has shown strong resilience and vitality in dealing with complex and severe situations, and the industrial robot industry has also achieved rapid development. Data shows that in 2022, the cumulative production of industrial robots by industrial enterprises above designated size in China reached 443100 sets, surpassing 400000 sets for the first time, firmly ranking as the world's largest industrial robot market. In the first half of 2023, China's industrial robot production reached 222100 sets, a year-on-year increase of 5.4%. It is expected that the full year industrial robot production in 2023 will reach 482500 sets.
2. Analysis of localization rate
At present, the localization rate of industrial robot body is about 30%, and the localization rate of core components is lower than that of the body. With the gradual improvement of the domestic industrial chain and the increasing demand for product cost-effectiveness in the market, the localization rate of the main body and components will gradually increase. At the same time, Chinese enterprises are gradually achieving technological breakthroughs, breaking overseas monopolies in the field of key components, and increasing the level of localization of industrial robots. In 2022, the localization rate of industrial robots in China will increase to 35%, and it is expected that the localization rate will reach 37% by 2023. eleven