China's rapid growth in demand for industrial robots is partly due to the shrinking number of working-age workers between the ages of 15 and 59. The United Nations estimates that the number of China's working-age population reached a peak of more than 900 million in 2010, but then began to decline and is expected to fall below 800 million by 2050.
In addition, the rise in labor costs is also a reason. The average hourly labor costs (including wages and benefits) in China's coastal manufacturing centers reached $ 14.60 in 2015, equivalent to 64% of the average US manufacturing labor cost, compared with about 30% in 2000, according to the Boston Consulting Group. More than doubled. In this case,
According to the International Federation of Robotics (IFR) data, in 2013, China surpassed Western Europe as the world's largest industrial robot market. In 2015, China's industrial robot sales reached 6.7 million units, accounting for about a quarter of global sales, is expected to 2018 sales will more than double to 15 million units.