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The Robotics Market in China

Posted June 10, 2016 12:00 AM by Engineering360 eNewsletter

China's investment in industrial growth is fueling a growing market for robotics. According to one report, rising wages, low commodity prices, and competition from other low-cost manufacturing regions encourages adoption of robotics, reducing the overall cost of production. Robots can also reduce labor costs because they easily adjust to changing production levels and manufacturing processes. Conversely, manufacturing overcapacity has the potential to limit robot market growth. This scenario has global significance because most global suppliers are headquartered outside of China.


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Previous in Blog: Auto Sector Drives Robotics Growth   Next in Blog: Standards Q&A: ASME’s Changes to Vessel’s Painting Welds

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