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English>>People's Daily Online Exclusives

Listed companies compete in robotics market

(People's Daily Online)    10:00, November 08, 2015
Listed companies compete in robotics market
(File photo)

The just concluded 2015 China International Industry Fair in Shanghai has become a show ground for robots. With the participation of many A-share listed companies, such as QCMT&T, Shanghai STEP and Nanjing Estun Automation, the robot show is particularly fascinating.

Statistics show that China's industrial robots sales reached 56,000 in 2014, a year-on-year growth of 50 percent. China is the world's biggest industrial robot market for the second year running.

The capital market of China is also enthusiastic about the robotics industry. According to incomplete statistics, over 40 A-share listed companies have ventured into the robotics industry. The best performer, Shenyang SIASUN Robot & Automation, has seen a profits growth of 21 percent in the first three quarters of this year and its share price experiencing a 107 percent growth over the same period. 

According to Dai Liu, President of Shanghai East Best & Lansheng International Group and Chairman of Shanghai Robot Industry Association, China's robotics market will show three main trends in the future.

Firstly, the use of robots will extend from "high end" industries such as automobile and equipment manufacturing to conventional industries such as textile and general manufacturing. Simple and repetitive processes will be done by robots, which can save on labor costs and improve production efficiency. 

Secondly, the market for service robots will expand greatly. In 2014, less than 1 percent of robot users were service enterprises, which means a great potential. Now, service robots have appeared in some banks and restaurants. In the future, more robots will play roles such as cleaners and nurses. The size of the market for service robots is considerable. 

Thirdly, the security of controlling robots will be further improved. A foreign enterprise has shown its human-robot cooperation system at the 2015 China International Industry Fair, which will enable workers and robots to work in one area without a security fence. 

With the fast development of the domestic robotics market, we should avoid homogeneous competition and guarantee the healthy and sustainable development of the robotics industry, said Zhu Sendi, member of the state manufacturing constructive strategy advisory committee. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Kong Defang,Bianji)

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