China's robot market is expected to reach $17.4 billion in 2022, with an average annual growth rate of 22 percent over five years, according to the recently released China Robot Industry Development Report (2022).
Currently, China's robot market size continues to grow rapidly, and the market size is expected to reach $17.4 billion in 2022. With the gradual development and expansion of robot enterprises, a complete robot industry chain has been initially formed. At the same time, the application of "robot +" continues to expand and deepen, and the industry as a whole shows a good development trend. Robotics is developing with the integration of thousands of industries.
The report suggests expanding the application scope of robots. In the medical and health field, robot products and solutions can be developed based on specific scenarios, so as to promote the development of products in the direction of high added value in the industrial chain and accelerate the progress of robots to the middle and high end.
