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Application prospect of robots
—— The following data and analysis are all from the analysis report of China Service Robot Industry Development Prospect and Investment Strategic Planning by Forward-looking Industry Research Institute.

The scale of the robot market continues to expand, and industrial robots occupy the largest market share.

At this stage, influenced by the development of science and technology and the popularization of intelligent related products in China, the robot market has ushered in a small development peak. According to the data of Chinese Institute of Electronics, the robot market in China was only 36.82 billion yuan in 20 16. Then it quickly grew to 48.37 billion yuan in 20 17, with a year-on-year growth rate of 37%, close to 40%. In 20 18, the growth rate of China robot market slowed down, but it still remained above 10%, with sales of 53.9 billion yuan. It is estimated that the robot market in China is expected to exceed 70 billion yuan in 2020.

Robots in China can be roughly divided into three types according to different uses: industrial robots, service robots and special robots, among which industrial robots are the most popular robot types in China, occupying the most market share. According to the data of the Chinese Institute of Electronics, from the perspective of the robot market structure in China in 20 19, industrial robots accounted for the highest proportion, reaching 66%; Followed by service robots, accounting for 25%; The application of special robots is relatively low, accounting for only 9%, less than 10%.

The industrial robot market ranks among the top in the world, but the expansion trend has slowed down obviously.

As the industrial robot with the largest market share among the three different types of robots in China, due to the numerous downstream consumer industries, the market demand for industrial robots in China is also expanding at the moment of all-round intelligent development. At present, China's industrial robot market scale has ranked among the top in the world. In 20 19, it is estimated that the sales of industrial robots in China has exceeded 40 billion yuan, which is a big increase compared with 20 16.

However, in terms of growth rate, the scale expansion of the industrial robot market in China has obviously slowed down at this stage. In 20 18, the sales growth rate of industrial robots in China was 5.9%, which was 24.3 percentage points lower than that in 20 17. It is estimated that the slow growth trend of 20 19 will continue. Affected by this, the proportion of industrial robots in the total size of the national robot market has gradually declined. In 20 18, the industrial robot market in China accounted for more than 70% of the total robot market, and it is expected to drop to about 62% in 2020.

The market scale of service robots is growing rapidly, and its market share is increasing year by year.

With the continuous expansion of the downstream application scope of service robots in China, its market scale has expanded rapidly. From 20 16 to 20 18, the growth rate of China service robot market remained above 30%. Even after 20 18, the downstream demand of service robots did not fluctuate greatly. In 20 19, it is estimated that the market size of service robots in China has reached154 billion yuan, a substantial increase of 8.82 billion yuan compared with 20 16, with a compound annual growth rate of 32.77%.

Thanks to the good development of service robots in China, from 20 16 to 20 19, the proportion of service robots in the national robot market in China is on the rise. In 20 16, service robots in China accounted for less than 20% of the national robot market, but in 20 19, their structural proportion exceeded 25%.

The market scale of special robots has grown steadily, and the proportion of structures has increased slightly.

Similar to industrial robots and service robots, with the continuous promotion of intelligent products in China, the market scale of special robots in China has also shown a steady growth trend from 20 16 to 20 19. In 20 19, the market size of special robots in China is estimated to be 5.25 billion yuan, an increase of 2.52 billion yuan compared with 20 16.

In terms of growth rate, the performance of China special robot market is between industrial robots and service robots. Although it declined after 20 18, the decline was relatively small compared with the industrial robot market, and the overall performance was highly consistent with the expansion speed of the whole robot market in China.

In addition, due to the slight lack of performance stamina of industrial robots and the steady expansion of the market scale of special robots, it has achieved a small increase in the proportion of structures in the case of a substantial increase in the market scale of service robots. In 20 19, the proportion of special robots in China in the national robot market structure is estimated to be 8.6%, which is slightly higher than that in 20 1.2 percentage points.