How China is front running in USD 48BN Opportunity in Global Robotics Market in 2028?, unveiled by a report: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The robotics market has grown significantly in the past few years with the rise in the number of annual installations in China. China is the largest robot market in the world as per the annual revenue and operational stock. As per IFR, China registered annual installations of over 168,000 in 2020. The automation penetration in China currently is mainly controlled by foreign robot manufacturers with a total market share of over 70%. With rising fluctuations in the past 8 years, this share has been steady. Robot installation from overseas – largely imported from South Korea, Japan and Europe increased robustly by 23% to around 123,000+ installations (including the units manufactured in China by foreign suppliers). Home grown Chinese robot producers largely serve domestically, holding a market share of 26.5% in 2020 with over 45000+ units sold. Around one-third of the robots are manufactured by Chinese robot suppliers. According to the research report, Global Robotics Market 2022-2028, Asia pacific will continue to dominate the robotic industry. The noticeable growth drivers are the growth in the electrical and electronics industries and the semiconductor and the chip industries. Major battery producing factories are installing robots to meet the increasing demand for electric and hybrid cars. The global robotics market is anticipated to grow to USD 46 billion by 2028 at an average annual growth of over 11% in next 5 years. Robots will continue to have pivotal role in boosting expansion of some of the emerging industries in China and aid in developing new industries altogether. In 2021, industrial robots demand originating from lithium battery has grown by over 130% while from warehouse logistics, it has grown by over 100% and from photovoltaic industries, industrial robot demand has grown 50%+. Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTg4ODA4 Several leading robotics vendors including ABB Ltd., DENSO Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corporation, Nachi Robotic Systems, Inc., Robert Bosch GmbH, Rockwell Automation, Inc., Siemens AG, Toshiba Corporation, Yaskawa Electric Corporation, etc have grown well and have led over 2 million industrial robot installations in factories around the world. Yet to see how the growth story in China will pave way for future in Global robotic manufacturing space. For More Information, Click on the Link Below:- Global Robotics Market: Ken Research Related Report:- Global Robotics Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 Follow Us LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: ABB Robotics Company Profile, Africa Robotics Market, Artificial Intelligence Robots Market, Asia-Pacific Robotics Market, Challenges in Growth of Robotics Sector Companies, Competitors in Robotics Industry, Current global Robotics market scenario, Demand for Global Industrial Robotics Market, Emerging Companies in Robotics Market, Europe Robotics Market, Global Aerospace Robotics Market, Global defense robotics Market, Global Domestic Service Robots Market, Global Industrial Robots Market, Global Professional Service Robots Market, Global Robotics Industry, Global Robotics Market, Global Robotics Market End Users, Global Robotics Sector, Global Robotics Technology Market, Key Competitors in Robotics Market, Largest Robotics Manufacturing Countries, Leading Players in Robotics Market, Leading robotics market vendors, Major Companies in Robotics Market, Major Robotics Manufacturing Companies, Middle East Robotics Market, Mitsubishi Electric Robotics market Share, North America Robotics Market, Prominent players in robotics market, Robotics material Suppliers Globally, Startups in Robotics Market, Top Robotics Manufacturing Companies, Toshiba Robotics market Revenue, World’s largest robotics market, Worldwide Robotics Market, Worldwide Smart Robot Industry