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China’s robotics spending projected to hit $83 bil in 2020

Tech

China’s robotics spending projected to hit $83 bil in 2020

Michelle Zhu Published on Tue, Apr 04, 2017 / 12:35 PM GMT+8

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SINGAPORE (April 4): China’s spending on robotics and related service is projected to more than double in the years to come, growing to US$59.4 billion ($83 billion) in 2020 from US$24.6 billion currently, according to IDC’s latest edition of its Worldwide Semiannual Commercial Robotics Spending Guide.

The guide quantifies the robotics opportunity from a region, industry, use case, and technology perspective, where spending data is available for more than 52 use cases across 13 key industries in eight regions.

In a press release on Tuesday, IDC Asia/Pacific’s research director, worldwide robotics and Asia Pacific manufacturing insights, Jing Bing Zhang, notes that the republic continues to lead the growth of worldwide robotics adoption – particularly in the fields of process manufacturing and cross-industry applications.

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China’s robotics spending projected to hit $83 bil in 2020

Tech

China’s robotics spending projected to hit $83 bil in 2020

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China’s robotics spending projected to hit $83 bil in 2020

Tech

China’s robotics spending projected to hit $83 bil in 2020

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