AGP China Technology Report - Service Robots

Table of Contents

Page     Section
03          Technology Overview  
06          Historical Development Timeline  
09          Product Differentiation            
16          China Technology Ecosystem        
19          Sino-Foreign Collaboration        
23          Common Applications In China        
28          Government Policy Support        
31          Impact On Market Incumbents        
33          Final Conclusion                
34          Appendices      

1.1 Global Snapshot

Definition and Classification

Service robots are autonomous machines designed to assist humans by performing services across various industries. They are primarily divided into:

• Professional Service Robots: Used in healthcare, logistics, agriculture, and security.
• Personal Service Robots: Designed for household tasks, entertainment, and personal assistance.

Key Technologies

Service robots integrate several advanced technologies:

• Artificial Intelligence (AI): Enhances decision-making and adaptability.
• Sensors and Actuators: Enable interaction with the environment, providing feedback and control.
• Navigation Systems: Use GPS and SLAM (Simultaneous Localization and Mapping) for autonomous movement.
• Human-Robot Interfaces (HRI): Facilitate interaction through voice, gestures, or touchscreens.
• Power Systems: Efficient energy management for prolonged operations.

Global Market Overview

The service robotics market is rapidly expanding:

• Market Size: Estimated at USD 46.99 billion in 2023, expected to grow to USD 107.75 billion by 2030, with a CAGR of 12.6%.
• Regional Insights: Europe and North America are currently leading markets.
• Applications: Healthcare and logistics are primary sectors driving growth.

Technological Advancements

Recent technological advancements include:

• Collaborative Robots (Cobots): Safer, more affordable robots for SMEs.
• AI Integration: Improved machine learning for better adaptability.
• IoT Connectivity: Enables data exchange for enhanced operational efficiency.

1.2 China Snapshot

Market Position and Growth

China plays a crucial role in the global service robotics market:

• Market Size: Valued at USD 4.83 billion in 2023, projected to reach USD 12.71 billion by 2033.
• Domestic Capabilities: Strong development in core components like harmonic drives.

Leading Firms and Deployments

Key Chinese companies include:

• UBTECH Robotics: Focusing on educational and healthcare robotics.
• Unitree Robotics: Known for quadruped robots in logistics.
• Xiaomi: Targeting the domestic robotics market.

Policy and Industrial Targets

The Chinese government supports robotics innovation:

• National Policies: MIIT's "Guiding Opinions" promote robotics commercialization.
• Industrial Targets: Increasing robotic density in manufacturing and service automation.

Strategic Significance

Service robots align with China's strategic goals:

• New Productive Forces (新质生产力): Enhance productivity and economic transformation.
• Demographic Shifts: Address labor shortages in elder care and healthcare.
• Industrial Upgrading: Support transition to high-tech manufacturing.

Policy Relevance and Tech-Industry Integration

Robotics integration supports national policies:

• Smart Manufacturing: Boosts efficiency and competitiveness.
• Healthcare: Improves patient care through automation.
• Logistics: Optimizes supply chains with robotic solutions.

1.3 Market Size

Global Market Estimates

Multiple forecasts predict robust growth:

• MarketsandMarkets: Estimates growth from USD 41.5 billion in 2023 to USD 84.8 billion by 2028 with a CAGR of 15.4%.
• Fortune Business Insights: Projects an increase to USD 62.35 billion by 2030. China-Specific Estimates

China's market growth is significant:

• Consainsights: Forecasts USD 12.71 billion by 2033.

Growth Scenarios

Influencing factors include:

• High Growth: Driven by rapid tech advances and policy support.
• Medium Growth: Moderate adoption and steady technological progress.
• Low Growth: Slower tech development and conservative adoption.

Market Segmentation

Segmentation by application, customer, and geography:

• Application Domain: Healthcare, logistics, defense, domestic services.
• Customer Segment: Professional and personal use.
• Geography: North America, Europe, Asia-Pacific.

This comprehensive overview highlights the service robotics industry's current trends, technological advancements, and strategic significance, providing valuable insights for stakeholders.