Chinese Robotics is the largest and fastest-growing related global market.
China will increase its high-tech robotic core components and industrial robots to 70% domestic market share by 2025 and smart manufacturing is part of China’s ‘Internet Plus’ initiative that will produce a digital transformation in many areas of its economy such as finance.
China’s middle class will increase demand for domestic high-quality, cheaper, cloud-based AI service robots particularly in logistics, education, transport, and medicine.
Chinese companies are now at the forefront of robotic innovation including UB Tech for example in hospitals and schools, Plecobot in window-washing, and Youibot for vehicle inspection.
Find out more about the future of robotics in Digital Provinces Guide: Countdown to the Chinese Century, Dawn of the Digital Dragon Dynasty: Countdown to the Chinese Century, and Dawn of the Digital Dragon Dynasty: Global Economy e-books in Shop.