Tags

, ,

The IFR released their early results on robot sales for 2013 in association with the Automatica show in Munich. The numbers are highly encouraging. Worldwide sales went up to 179,000. This is an all-time high. The growth in Europe was modest, USA saw again solid two digit growth and Asia remains the biggest consumer of industrial robots. The major news here is the fact that China saw amazing growth with 37,000 units sold. The other major news is that 6,000 of the sold robots were manufactured in China. They have come a long way since the industry started a decade ago. The news clearly indicate that the single largest robotics market today is in China and it is seeing 40% annual growth. This, in combination with a very low penetration of the overall manufacturing sector, implies that we should expect to see continuing growth numbers for China. It is no surprise that KUKA recently has opened a factory in China, Universal Robots have opened a sales office, and ABB Robotics is headquartered in China. As salaries increase in China and cheap manufacturing is likely to go elsewhere it is only natural that China is trying to automate. The automotive sector is growing and the aerospace sector is also expected to see major growth as commercial airplanes from China are about to enter the market. It will be interesting to monitor the Chinese market as we see continued growth and major pushes by companies such as SIASUN.