Why is China betting on robotics and the improvement of humanoid robots?

chiny24.com 4 months ago

China, as a global leader in technology and production, is investing heavy in robotics to keep global competitiveness and meet demographic and economical challenges. 1 of the key areas of improvement are humanoid robots, which have the possible to revolutionize many sectors, from production to services. In this context, large Chinese car manufacturers, specified as BYD, NIO or Xpeng, began to engage in the improvement of humanoid robots, seeing in them the chance to diversify business and exploit synergies between the automotive manufacture and robotics.

Why is China betting on robotics?

  1. Demographic challenges: China faces an ageing society and a declining number of workers. Robotisation is intended to aid replace the workforce in sectors where there are no employees, specified as production, healthcare or services.
  2. Increase in productivity: Robots can increase productivity and precision in production processes, which is crucial to maintaining China’s position as “world factories”.
  3. Technological ambition: China strives to be a leader in artificial intelligence (AI) and robotics, which is part of the wider strategy "Made in China 2025". The improvement of humanoid robots fits into these plans.
  4. Internal market: The increasing request for automation in Chinese factories and services creates a immense marketplace for robots. According to data from the global Federation of Robotics (IFR), China is the largest industrial robot marketplace in the world, with more than 40% of the global share in 2022.

Why are humanoid robots important?

Humanoid robots, or machines designed to mimic human movements and interactions, are considered the future of robotics due to their versatility. They can execute tasks in environments designed for people specified as homes, hospitals or factories. Their improvement is crucial for:

  • Automation of services: Humanoid robots can work in the service sector, e.g. as receptionists, carers or store assistants.
  • Integration with AI: Thanks to advanced artificial intelligence, these robots can learn and adapt to fresh tasks, which increases their application.
  • Synergy with the automotive industry: Many car manufacturers see in humanoid robots a natural expansion of their business, utilizing experience in the production of precise electronic mechanisms and systems.

Involvement of car manufacturers in robot development

Great Chinese car manufacturers, specified as BYD, NIO and Xpeng, began investing in robotics, seeing in it a chance to diversify their businesses. The automotive manufacture has many contact points with robotics, including:

  • Common technologies: car and robot production requires akin skills in mechanical, electronic and software engineering.
  • Factory automation: Chinese automotive companies are already utilizing robots in their factories, and the improvement of humanoid robots can bring fresh automation opportunities.
  • New outlets: Humanoid robots are a increasing marketplace that can become another origin of gross for car manufacturers.

The size of the robot marketplace in China

China is the largest robot marketplace in the world. According to the IFR report, more than 290 000 industrial robots were installed in China in 2022, accounting for more than 40% of global sales. The robot marketplace in China is increasing at a rate of about 15-20% per year, driven by request for automation in manufacture and services.

Perspectives of the humanoid robot market

The humanoid robot marketplace is inactive in its early stages, but has tremendous potential. According to MarketsandMarkets, the global humanoid robot marketplace is expected to scope $13 billion by 2030, with an yearly growth rate (CAGR) of over 30%. China, as a leader in technology and production, will play a key function in this growth.

China is betting on robotics to meet demographic challenges, increase productivity and strengthen its position as a global technological leader. Humanoid robots are a key component of this strategy, offering universal applications in different sectors. large Chinese car manufacturers, utilizing their manufacturing and technology experience, are actively active in the improvement of this market. Thanks to the dynamic growth of the robot marketplace and the tremendous possible of humanoid robots, China is on its way to become a planet leader in this area.

Source:

  1. International Federation of Robotics (IFR) – reports on the industrial robot market.
  2. MarketsandMarkets – Analysis of the Humanoid Robot Market.
  3. Article from "MIT Technology Review": China’s electrical Vehicle Giants Pivot to Humanoid Robots.
  4. Data on the "Made in China 2025" strategy and Chinese investments in robotics and AI.

    Leszek B. Glass

    Email: [email protected]

    © www.chiny24.com

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