The evolution of robotics in China: accumulated experience and prospects

In the context of globalization and the fourth industrial revolution (Industry 4.0), the development of robotics and AI has become one of the most important factors of economic and technological growth. A leadership race has already unfolded between the developed countries. Today, China is the undis...

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Main Authors: Reshetnikova Marina S., Pugacheva Irina A., Lukina Yulia D.
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2021/25/shsconf_ntsscem2021_01030.pdf
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spelling doaj-cc2fdab0f6924134996bf271a0f450162021-07-15T06:54:39ZengEDP SciencesSHS Web of Conferences2261-24242021-01-011140103010.1051/shsconf/202111401030shsconf_ntsscem2021_01030The evolution of robotics in China: accumulated experience and prospectsReshetnikova Marina S.Pugacheva Irina A.Lukina Yulia D.In the context of globalization and the fourth industrial revolution (Industry 4.0), the development of robotics and AI has become one of the most important factors of economic and technological growth. A leadership race has already unfolded between the developed countries. Today, China is the undisputed leader in this industry and the largest consumer of industrial robots, but this was not always the case. To achieve leadership in this sphere, the Chinese government supports robotics startups in automotive, electronics, and logistics. The support is provided in the form of tax incentives and subsidies for R&D. The purpose of the research was to forecast the industrial robots' market in China and answer whether it will keep its position in the future. The carried study showed that the market of industrial robots in China is increasing, significantly outpacing the dynamics of global indicators. The decline in the growth of the Chinese robotics market indicators can be explained by the consequences of the COVID-19 pandemic and trade tensions between the market leaders: China and the United States.https://www.shs-conferences.org/articles/shsconf/pdf/2021/25/shsconf_ntsscem2021_01030.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Reshetnikova Marina S.
Pugacheva Irina A.
Lukina Yulia D.
spellingShingle Reshetnikova Marina S.
Pugacheva Irina A.
Lukina Yulia D.
The evolution of robotics in China: accumulated experience and prospects
SHS Web of Conferences
author_facet Reshetnikova Marina S.
Pugacheva Irina A.
Lukina Yulia D.
author_sort Reshetnikova Marina S.
title The evolution of robotics in China: accumulated experience and prospects
title_short The evolution of robotics in China: accumulated experience and prospects
title_full The evolution of robotics in China: accumulated experience and prospects
title_fullStr The evolution of robotics in China: accumulated experience and prospects
title_full_unstemmed The evolution of robotics in China: accumulated experience and prospects
title_sort evolution of robotics in china: accumulated experience and prospects
publisher EDP Sciences
series SHS Web of Conferences
issn 2261-2424
publishDate 2021-01-01
description In the context of globalization and the fourth industrial revolution (Industry 4.0), the development of robotics and AI has become one of the most important factors of economic and technological growth. A leadership race has already unfolded between the developed countries. Today, China is the undisputed leader in this industry and the largest consumer of industrial robots, but this was not always the case. To achieve leadership in this sphere, the Chinese government supports robotics startups in automotive, electronics, and logistics. The support is provided in the form of tax incentives and subsidies for R&D. The purpose of the research was to forecast the industrial robots' market in China and answer whether it will keep its position in the future. The carried study showed that the market of industrial robots in China is increasing, significantly outpacing the dynamics of global indicators. The decline in the growth of the Chinese robotics market indicators can be explained by the consequences of the COVID-19 pandemic and trade tensions between the market leaders: China and the United States.
url https://www.shs-conferences.org/articles/shsconf/pdf/2021/25/shsconf_ntsscem2021_01030.pdf
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