Islamabad, 26 August 2024 (TDI): China has retained its position as the world’s largest market for industrial robots for the eleventh consecutive year, with over 50% of new installations internationally, occurring within the country over the past three years.
This achievement was highlighted by Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology, during the recently held 2024 World Robot Conference in Beijing.
Over the years, China has emerged as a major player in robotic technology innovation, industry governance and application expansion. The country now boasts more than 190,000 valid patents in robotics, accounting for about two-thirds of the global total, according to MIIT.
Beijing’s rapid advancements in robotics have cemented its status as both as a leading producer in the sector and the world’s largest consumer market.
Marina Bill, President of the International Federation of Robotics (IFR), stressed the significance of international collaboration among enterprises, governments, and research institutions to enhance the integration of cutting-edge technologies with robotics. This, she noted, would drive broader applications across industries such as healthcare, services, manufacturing, and rescue operations.
The 5-day WRC, which concluded on August 25, featured forums where experts from academia, industry, and research sectors from across the world exchanged ideas on key topics related to robotics.
Over the past decade, the World Robot Conference has hosted about two hundred forums, with 2,246 expert presentations and participation from close to 1.4 million attendees.
Moreover, 1,249 enterprises have showcased their innovations. The conference has considerably promoted technological and industrial innovation in robotics, establishing itself as an international leader in innovation, industry development, and global cooperation.
