(Bien Perez – South China Morning Post)
Annual spending on robotics in mainland China is forecast to continue its rapid expansion and exceed US$59 billion by 2020, as demand ramps up in the country’s manufacturing industry.
The mainland will remain the single largest and fastest-growing robotics market in the world, accounting for more than 30 per cent of global spending during that period, according to a report released Tuesday by technology research firm IDC.
“China continues to lead the growth of worldwide robotics adoption, primarily driven by strong spending growth in process manufacturing and cross-industry applications,” said Zhang Jing Bing, IDC’s research director for worldwide robotics and Asia-Pacific manufacturing. Click here to read more.