the growth in industrial robot sales from 2013 to 2014 in China
that there is a huge market demand for high-precision robotic parts such as Qinchuan’s robotic joints. They foresee that this demand will expand at a rapid pace as China’s manufacturing industry has been upgrading to “smarter” machinery in recent years.
China’s industrial robot sales reached 56,000 sets in 2014, marking a 50 percent year-onyear growth and making the country the world’s biggest industrial robot market for two consecutive years, according to a research report by Guoyuan Securities Co Ltd.
Dai Liu, chairman of Shanghai Robot Industry