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Development and Trend of Service Robot in chine

Development and Trend of Service Robot in chine

Development and Trend of Service Robot in chine 

 In recent years, with the continuous introduction of artificial intelligence -related policies, continuous technological innovation, and changes in people's lifestyles and needs, artificial intelligence products have become more and more popular in people's lives, gradually covering medical care, education, security , property and other scenes of people's work and life. At the same time, artificial intelligence products have also become a hot spot for investment and financing, and are increasingly favored by the venture capital community. The following is a brief introduction to the development status and trends of service robot.
The International Federation of Robotics (IFR) divides robots into industrial robots and service robot. Among them, service robot can be subdivided into professional service robot and personal/home service robot; if classified according to application scenarios, robots can be divided into industrial robots, service robot and Special robot. Among them, service robot can be divided into public service robot, medical service robot and household service robot.

 With the increasing application of service robot in people's lives, the market size of service robot is also increasing year by year. According to the analysis of the Chinese Institute of Electronics, the size of chine's service robot market has grown year by year from 2014 to 2018. In 2018, the size of chine's service robot market reached US$1.65 billion, a year-on-year increase of 30.1%; in 2019, the size of chine's service robot market was about US$2.2 billion. Professionals predict that the global sales of service robot will reach a new level in 2019-2024, and the global sales of service robot are expected to reach 17 billion US dollars by 2024.

The Development Status and Development Prospects of China's Service Robot

According to statistics from the Chinese Institute of Electronics, the market sizes of domestic service robot, medical service robot and public service robot in chine in 2019 were US$1.05 billion, US$620 million and US$530 million, accounting for 47.7%, 28.2% and 24.1% respectively. . According to iiMedia Research, in 2025, household robots, entertainment and leisure robots, and medical robots will occupy the top three market shares in China's service robot segment.

The intelligent industry is in a slump, and service robot stand out

According to relevant statistics, in the first quarter of 2020, the sales of smart products in many regions around the world dropped significantly. In February this year, about 61.8 million smartphones were shipped worldwide, down 38% year-on-year from 2019, the lowest in the history of the global smartphone market.

 At the same time, due to the impact of the global new crown pneumonia, the shipment of smart speakers decreased by about 25.8% year-on-year. However, contrary to the sluggish trend of the smart digital industry, service robot performed well in the first quarter of 2020. Relevant data shows that from the beginning of 2020 to April 2, the service robot industry has initiated 15 investment events, which is basically the same as that in 2019; according to the analysis of published investment information, the investment amount is tens of millions of yuan. Above, seven of them have an investment of more than 100 million yuan, and the investment in the service robot industry is relatively large.

Changes in chine's population and industrial structure help the development of service robot

From 2015 to 2019, chine's total population continued to grow, but the number of working-age people aged 16-59 declined. In 2019, chine's working-age population dropped to 8.96 trillion. As the working population shrinks, labor costs will inevitably rise. At this time, the advantages of service robot replacing labor will appear and become a development trend. The above is the development status and trend of service robot introduced by Xiaobian.