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At the 2024 China Worldwide Trade Honesty, the UR20 cobot showcased its impressive elevated payload capabilities. | Credit score: Common Robots
Common Robots A/S seeks to significantly expand its footprint in China, the globe’s biggest market for industrial robots. As the world’s leading developer of collaborative robotic arms expands its presence in this region, it is establishing a new manufacturing facility and unveiling two innovative robots that will soon be available to the entire Chinese market.
To meet the burgeoning demand for the Chinese language, Common Robots has set up its manufacturing operations in Nantong, China. The corporation will introduce two innovative products to cater to that specific market: the UR7e and UR12e. Information about the robots is limited at present, and as a result, they are not featured on UR’s website.
You are advised that the UR7e features a maximum payload capacity of 7.5 kg (16.5 lb) and an arm reach of 850 mm (33.4 in), while the UR12e boasts a payload capacity of 12.5 kg (27.5 lb) and a longer arm reach of 1,300 mm (51.1 in).
UR stated the specification of those fashions has been “particularly chosen to satisfy the wants of China’s automotive, digital, and steel & equipment industries alongside others.”
Our company’s primary overseas production site is located abroad. The company’s diverse cobot portfolio, alongside the latest advancements featuring the cutting-edge technology, will continue to be produced in Odense, Denmark, where UR has been based since its inception in 2005? To date, our company has supplied more than 90,000 collaborative robots.
“Worldwide, UR’s merchandise are renowned for their exceptional quality and design, a testament to Denmark’s rich tradition of innovative engineering excellence,” said Kim Povlsen, president of Universal Robots. As our organization expands, it’s becoming increasingly crucial to enhance our production capabilities. We’re pioneering a bold initiative: empowering automation for all, everywhere. Establishing a manufacturing facility in China will bring us closer to realizing our global ambitions, as our existing capabilities are currently out of reach for a significant portion of the international market.
Common Robots acknowledges market alternative
UR wrote about . Chinese manufacturing is poised to become the most automated globally.
For over a decade, China has maintained its position as the world’s largest robotics market, driven by its massive manufacturing sector and impending labor shortages. According to the International Federation of Robotics,
According to the International Federation of Robotics (IFR), a staggering 276,288 industrial robots were installed in China alone in 2023, representing an impressive 51% of all global robotics installations that year. According to the IFR’s long-term outlook, Chinese manufacturing still holds significant development potential, with projected growth rates of 5% to 10% annually through 2027.
According to the IFR, Japan maintained its position as the world’s second-largest market in 2023 for comparable purposes. In 2023, Japan’s robotic installations declined by 9%, dropping to 46,106 units, a significant decrease compared to the previous year. Robotic installations within the U.S. The company’s stock has declined by 5% as of 2023, settling at a value of $37,587, in accordance with industry forecasts (IFR).
China’s robotic density climbs
The International Federation of Robotics (IFR) also monitors robotic density, a metric indicating the number of operational industrial robots per 10,000 employees in a country or region. The Index for Robotics (IFR) states that robotic density is a crucial metric to gauge the extent of automation in a region’s manufacturing industry.
With approximately 47 robots per 10,000 workers. The country trailed only those of the Republic of Korea and Singapore, boasting densities of 1,012 robots per 10,000 workers in the former and 770 in the latter.
ranked third in 2023, marking a milestone achievement as they surpassed both Germany and Japan for the first time. It has made a concerted effort to invest in and develop its expertise in automation technologies over the past few years. China’s investment has yielded impressive results, as its robotics density has soared to an astonishing 470 robots per 10,000 workers, a significant increase from the 402 units recorded in 2022.
While UR faces competition from other Chinese companies producing collaborative robots (cobots) for the domestic market, these rivals have yet to significantly erode its market share? The Chinese-language cobot manufacturers’ roster comprises Wangxin Robotics, Estun Automation, FANUC China, KUKA Robotics China, Stäubli Robotics, and Comau China.
Common Robots reported a revenue of $304 million in 2023, a 7% decrease from the prior year’s total of $326 million. Universal Robots (UR) is owned by FANUC Corporation, a leading developer and manufacturer of industrial robots and automation solutions.
Teradyne had previously disclosed that its market share in the realms of collaborative and autonomous mobile robots remains below 5%, indicating substantial room for sustained growth over the long term. Teradyne, a leading provider, also owns Cell Industrial Robots (a top-ranked autonomous mobile robot supplier).