Commercial opportunities and government directives are coalescing to create a vibrant robotics and automation industry in China, according to a new report by ABI Research
Historically, the industrial robotics space has traditionally been dominated by Japanese and European vendors, while the commercial robotics has been the stronghold of robot startups from the United States and Europe.
However, recent developments suggest that Chinese vendors are staking a claim in the robotics territory, says ABI Research, a market research and advisory company.
Lian Jye Su, principal analyst at ABI Research, says: “The top four Chinese industrial robotics vendors reported a topline growth of 20 per cent year-on-year in 2016 and a similar figure is expected for next few years. [Read more…] about Markets and politics contributing to the rise of Chinese robotics companies