The 3rd China Robotics Summit and the Global Return of the Thousand-person Ningbo Summit will be held in Yuyao, Ningbo on June 13th. The theme of the conference is “Human-Machine Integration, Making Robots Smarter”. At that time, experts and entrepreneurs from both domestic and international smart technology research and smart manufacturing will attend and discuss topics such as robot development trends and manufacturing transformation and upgrading. The summit is the largest and most influential robot event in China and has become an important vane for domestic robotics research and industrial development.

Industrial robots are one of the major projects that enhance the core competitiveness of the manufacturing industry. With the continuous improvement of the level of intelligent robots and the declining production costs, the downstream applications are expanding and entering the stage of rapid popularization. Due to a certain development basis and the current market share of domestic robots only accounts for about 30%, there is much room for future development.

According to the agency, automotive and electrical electronics are the two main application areas of industrial robots, which together accounted for 64% of the sales volume of industrial robots in 2014. From 2010 to 2014, the average annual growth rate of industrial robots in China is 17%, of which, the average annual growth rate of the automotive industry is 27%, and the average annual growth rate of the electrical and electronics industry is 11%. In addition, data from the China Robotics Industry Alliance shows that in addition to the automotive and electrical and electronics industries in 2015, metal smelting, rolling, education, rubber and plastic products, pharmaceutical manufacturing, special equipment manufacturing, furniture, clothing, and food and beverage industries increased. Faster, industrial robots have entered the stage of full popularity.
In May this year, the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Finance jointly issued the "Robotic Industry Development Plan (2016-2020)", which proposed the five-year overall goal of industrial development and formed a relatively complete robot industry system. The technological innovation capability and international competitiveness have been significantly enhanced. The performance and quality of products have reached the same level in the international community. Major breakthroughs have been made in key components and components, which basically meet market demands. The "planning" also calls for the advancement of industrial robots to the mid-to-high end and the promotion of service robots to a wider area. It is clear that by 2020, the annual output of self-owned industrial robots will reach 100,000 units, the annual output of industrial robots with six or more axes will reach 50,000 units, and the annual sales revenue of service robots will exceed 30 billion yuan.

China has become the world's largest consumer market for industrial robots. IFR expects that from 2016 to 2018, the installed capacity of industrial robots will increase again, with an average annual compound growth rate of at least 15%. The growth rate in the Americas and Europe is about 10%, and Asia-Pacific growth rate will reach 18%. In 2018, the total sales volume of global industrial robots will reach 400,000 units, and it is expected that by 2020, the number of industrial robots in China will reach more than 600,000 units.

According to industry insiders, in order to speed up the improvement of robot intelligence, China will support the development and application of core robot components through various aspects. The core components and key technologies of the robot will become the new growth point for future industrial robots. In the parts and components market, there is ample room for import substitution for components such as reducers and servomotors.

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