China is the largest single industrial robot adopter, and the global demand for robots remains high. ABI Research, a global technology intelligence firm, forecasts shipments to grow from approximately 400,000 in 2024 to 649,000 by 2030, a steady compound annual growth rate of 7.4 percent.
The umbrella term, industrial robot, encompasses high payload, high repeatability robotic arms. These include SCARA robots, often utilized for assembly tasks, delta robots which excel at rapid picking, and Cartesian robots, which can be deployed for material handling tasks.
Industrial robots, the backbone of manufacturing economies, will continue to enjoy rising sales as geographic shifts in manufacturing trends begin to take root. Accordingly, revenues generated from industrial robot hardware sales are set to rise from $14.7 billion in 2024 to $22.6 billion by the end of the decade. [Read more…] about Chinese industrial robot makers challenge global giants as market expected to reach 649,000 units by 2030