Find out more at btsub.sg/btdeal
You are here
China weighs on 2015 global industrial robot sales growth
[MUNICH] Global industrial robot sales growth slowed to 12 per cent in 2015 weighed by a sharp fall in top buyer China, data from the International Federation of Robotics (IFR) showed on Wednesday.
The figure was less than half the 29 per cent advance seen in 2014 but revised up from a previous IFR estimate of 8 per cent due to more data from national associations.
Growth in robot sales in China slowed to 17 per cent from 56 per cent but the country, hungry to automate production as wages rise and still lagging in its robot-worker ratio, still accounted for more than a quarter of the 248,000 robots sold.
"The positive sales figures are being driven by highly automated emerging countries, and by regions that are already highly developed economically," the IFR said.
Robot sales more than doubled in Mexico, where the global automotive industry has made large investments in plants to make cars for export to the United States and South America.
The Chinese market is still dominated by foreign robot makers but the IFR said domestic robot makers were making inroads, increasing their market share to 31 per cent from 25 per cent in 2013.
Chinese producers still largely make low-to mid-range industrial robots but are keen to develop their capabilities.
Chinese home appliances maker Midea launched a bid last week for German industrial robot maker Kuka.
European industrial robot sales rose 10 per cent, led by Germany, the IFR said. Sales rose 15 per cent in the Americas, although just by 3 per cent in the United States. In Asia they rose by 16 per cent.
South Korea was the world's second-biggest robot market, followed by Japan, the United States and Germany. The five accounted for three-quarters of all sales of industrial robots.
The automotive industry was still the biggest buyer of robots, accounting for more than a third of sales. But growth was just 1 per cent.
The fastest-growing sectors for robot sales were metal, plastics and rubber, and electronics manufacturing.