The scale of Chinese industrial robot market will reach US $8.7 billion in 2022, and this number is expected to exceed US $11 billion by 2024. Zhang Xiaofei, chairman of Gaogong Robot, estimated that the overall sales volume of Chinese industrial robots will reach 303,000 in 2022, including 132,000 domestic industrial robots, with a market share of about 40%.
Statistics of market share of domestic industrial robots
In 2022, the investment and financing of robots will be the same as before - the number of financing projects in the whole year will reach 275. Among them, the number of enterprises with financing events in the field of industrial robots is the largest, followed by the field of medical robots, and then the field of service robots.
Differentiated competition superimposed to take the lead in the layout of high-growth areas, and the market share of domestic brand industrial robots continued to increase. At the same time, from the perspective of competition pattern, in 2021, the market share of domestic industrial robot brands will break through 30% again to 32.8% under the influence of the supply chain of foreign robot enterprises damaged by the epidemic, domestic enterprises providing differentiated products and complete solutions such as industrial special aircraft, and downstream customers' demand for cost reduction. With the continuous improvement of the competitiveness of domestic industrial robots and the focus on lithium batteries, photovoltaic and other high-growth areas, the localization rate of industrial robots will continue to increase in the future.
The sales volume and market scale of industrial robots in China are expected to continue to grow. From the perspective of sales volume and market scale, according to MIR data, driven by the rapid growth of demand in emerging industries such as new energy vehicles, lithium batteries and electronics, the sales volume of industrial robots in China will reach 256,000 units in 2021, with a year-on-year increase of 49.5%; The market size also reached 44.57 billion yuan. In the future, the sales volume of industrial robots in China is expected to continue to grow. It is expected to reach 457,000 units in 2025, with a compound growth rate of 15.6% compared with 2021.
China is a big manufacturing country. In recent years, the number of industrial robots exported by China has fluctuated greatly, from 60,000 in 2018 to 55,000 in 2021, and the export amount has increased from 270 million dollars in 2018 to 340 million dollars in 2021. The quantity and amount of imports showed an upward trend. From January to November 2022, the number of industrial robots exported by China was 147,000, with an export value of 380 million US dollars, and the number of imported robots was 97,000, with an import value of 1.25 billion US dollars.
From the perspective of export quantity, Chinese industrial robot exports are mainly multi-functional industrial robots. From January to November 2022, Chinese unlisted industrial robots exported 79,000 sets, with an export value of US $90 million; The number of multi-functional industrial robots exported was 68,000, 11,000 lower than that of unlisted industrial robots, and the export amount was 290 million US dollars, 200 million US dollars higher than that of unlisted industrial robots.