top of page
Lean-IQ Logo

China Leads Growth of Global Industrial Robot Stock

Autorenbild: Ralf PühlerRalf Pühler

Aktualisiert: 7. Aug. 2024

According to the World Robotics report published by the International Federation of Robotics , a record number of 553,000 industrial #robots were newly installed last year, as the global operational stock climbed to 3.9 million by the end of 2022. Once again, #Asia was the biggest growth driver, with 73 percent of newly deployed robots installed in Asia.


China leads in new robot installations

As our chart shows, #China alone accounted for more than half of new installations in 2022, making it by far the largest market in the world. With just over 50,000 new installations, Japan came second last year, followed closely by the United States and South Korea. Japan is also the largest manufacturer of industrial robots, according to IRF, accounting for 46 percent of global production in 2022.


International Federation of Robotics

While China is the largest #market in absolute terms and in terms of growth, South Korea and Japan are ahead of the world’s #manufacturing superpower in terms of robot density, i.e. installed robots per 10,000 manufacturing workers. According to the IFR, South Korea had 1,000 installed robots per 10,000 employees in the manufacturing industry, compared to 399 for Japan and 322 for China.


Handelsblatt juts titled: "Why Chinese robots are so much cheaper than European ones"

After the EU tariffs on electric cars, is the next conflict looming? Chinese robot manufacturers are scoring points with European companies. Medium-sized companies in particular are being enticed.


What do you think?


Comments


Lean-IQ - Ingenieurbüro

Ralf Pühler

Bajuwarenstraße 133

D-81825 München

Germany

☎ +49 (0)89 - 901 875 40

ralf.puehler@lean-iq.com

Empowering Enterprises Through Collaborative Digital Transformation

Lean-IQ offers enterprise organizations a strategic partnership for navigating the complexities of (digital) transformation. We provide tailored solutions, expert guidance, and collaborative innovation to empower you in achieving sustainable growth, enhancing competitiveness, and capitalizing on the opportunities of the digital age.

Follow us:

  • LinkedIn
  • YouTube - Schwarzer Kreis
  • GitHub
bottom of page