The market for collaborative industrial robotic arms in the Chinese industrial sector is forecast to grow to almost $200 million, according to a report on ChinaDaily.com.
Quoting statistics in the Blue Paper of the Cobots Industry for 2017 – a report produced by Universal Robots and the Shenzhen Gaogong Industry Research Consulting Company – China Daily says the total market size for collaborative robots will exceed $196 million.
Small and medium-size businesses are expected to drive much of the growth. In total, some 12,000 units are forecast to be sold in China by 2020 – although this might sound like an understimate to some. [Read more…] about Collaborative industrial robot market in China forecast to grow to almost $200 million by 2020