China to become world's largest robot consumer by 2014
Posted on: 12:31 AM IST Nov 12, 2012
Beijing: Demand for industrial robots is predicted to hit 32,000 units in China by 2014, making the manufacturing giant the world's largest robotics consumer. According to the International Federation of Robotics, the sector's technology and production have gained momentum amid higher labour costs and China's efforts to restructure its economic growth pattern and improve energy efficiency.
At the China International Industry Fair, which ended on Saturday, China's robot manufacturers exhibited their models in direct competition with their foreign counterparts. The fair attracted more than 1,800 participants over the five-day exhibition, state-run Xinhua news agency reported. At the event, a Chinese company, SIASUN Robot & Automation Co demonstrated their new models, which are integrated with numerical control machines that can accomplish multi-procedure processes.
The company's self-designed products have been exported to overseas markets including the US, Canada, Russia and India, the report said. Despite the growing sector, the industry warned that a lack of core technology will stall the development of robot manufacturing in China.
More from this Section
May 28, 2015, 10:16 pm IST
May 28, 2015, 10:04 pm IST
May 28, 2015, 9:35 pm IST
May 28, 2015, 9:12 pm IST