China will become the world's largest robotics market in the future, as the country comes under increased pressure to improve industrial efficiency and reliability, amid rising labor costs, according to a senior official from the Swiss engineering company ABB.
Speaking at the China International Industrial Fair 2012 in Shanghai, Gu Chunyuan, head of ABB's discrete automation and motion division for North Asia and China, said China is at "an important phase of its economic restructuring and energy efficiency is a key strategy for achieving an industrial upgrade", and that's pushing industrial robotics technology to the fore.
He added: "Driven by rising labor costs and a strong demand for high-end equipment, robotic applications will continue to grow."
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