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October 20, 2020

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China cobot sales soon to top world

Sales in the collaborative robot market, or cobot, in China will continue to grow and take more global market share in the future, thanks to booming demand in the manufacturing and commercial service sectors, according to an industry report.

Last year, China’s cobot sales hit 8,200 units, a 29.5 percent growth year on year, and are estimated to exceed 25,000 units in 2023. The Chinese market sales will account for 7.5 percent of global sales in 2021, compared with 5.3 percent in 2019, according to a Shenzhen Gaogong Consulting Co report.

A growing segment in the robot industry, cobot has direct human robot interaction within a shared space. It focuses on flexibility, safety and coloration with people.

Globally, there are about 110 cobot firms with 75 doing business in China. The figure will hit 100 by 2023.




 

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