Service robotics market grows by 33 percent in China


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Service robotics market grows by 33 percent in China September 23, 2020 by Mai Tao Leave a Comment China’s robotics industry outlook remains positive post-Covid-19 outbreak, especially across manufacturing, hospitality, and healthcare sectors. This is according to a new report, How is Covid-19 Shaping China’s Robotics Industry? , by YCP Solidiance, which highlights that the $8 billion robotics industry projects a positive long-term growth forecast highlighting robotic automation and its useful applications across different industries. Investment Contraction in China Following Covid-19: The Covid-19 outbreak has caused investment contraction in Q1 2020 – between 50 percent to 57 percent year-on-year, setting...