In September, production fell by 9.1% before robot sales fell sharply due to the “slump” in the automobile manufacturing industry

The development of China’s intelligent equipment manufacturing started in the last 10 years. In 2010, the proportion of China’s labor force began to show a downward trend, the advantage of demographic dividends disappeared, the demand for machines to replace labor surfaced, and the Industrial robot market began to take off. In the following years, the market has been in rapid growth.
After 2015, the market became hot, Germany proposed the concept of Industry 4.0, and smart factories, smart solutions, and smart warehousing began to attract attention. Data from the National Bureau of Statistics shows that from December 2015 to August 2018, China’s Industrial Robot production has maintained rapid growth, with the highest growth rate even reaching 103.2% in September 2017. In 2017, Li Baoqin’s company’s turnover doubled.
The differentiation appeared in September 2018. Although the overall market is still growing, the old Industrial Robot companies have begun to enter a recession. According to the statistics of the National Bureau of Statistics, on a year-on-year basis, it fell by 16.4% this month. It shows that the old industrial robot companies have entered a recession period and started to decline continuously.
In the first nine months of this year, the output of industrial Robots fell by 9.1%, with the largest decline in August, down 19.3% year-on-year. The output of industrial robots was 133,600 sets, while the cumulative output in the same period last year was 108,300 sets.
Such a decline is decisive for the drastic changes in demand at the industrial level. In the industrial robot market, automobile manufacturing is a very important application industry. The sharp drop in sales in this field is an important factor in the overall decline in industrial robot sales. In the industrial robot market, the automobile manufacturing industry is one of the best in the world. In 2018, it sold more than 32,000 robots, and the sales volume dropped by 25.4%.
Auto sales are sluggish, auto companies shrink their investment plans, and the demand for industrial robots plummets. In the auto industry, foreign brands dominated by the “Fanuc, ABB, Yaskawa, and KUKA” have an 80% market share. Above, the sales volume of foreign-brand robots has been hit hard by the market.