In a time when the demographic dividends of many countries, including China, have weakened, as a powerful alternative, the market battle for robotics is quietly underway. Recently, Xinsong Robotics Automation Co., Ltd., which is affiliated with the Chinese Academy of Sciences, announced in Shenyang that its own R&D and production of composite robots has begun mass production. In more than 3 months, it has sold more than 40 units and its sales revenue has reached more than 50 million yuan. Experts in the industry have analyzed that compound robots have obvious effects on the substitution of labor force, and it only takes 1-2 years to recover the cost, or become a hot spot for future market chasing under the background of increasingly labor shortage.

It is undeniable that in the past 30 years, the Chinese economy has been able to rise rapidly, and the sustained release of the "demographic dividend" has contributed. Insiders pointed out that since the reform and opening up, China’s abundant and inexpensive large labor force has formed a “golden period” with abundant labor force and light support burden, and it has also incubated other dividends in high-saving, high-investment, and high-growth environments. However, by the year 2012, China’s working-age population has been declining for the first time. With the advent of labor shortages, the traditional manufacturing industry has gradually fallen into the dilemma of upward upgrading and low-end manufacturing transfer to Southeast Asia.

In this context, the robot boom came into being. The data shows that in 2014, the number of new installations of industrial robots in China reached 57,000 units, which accounted for about 1/4 of global sales, and a year-on-year increase of 55%. Although last year's statistics have not yet been released, some experts expect that the total output will reach 75,000 units, an increase of 36.6% year-on-year, and market demand will continue to be hot. However, there are also hidden concerns behind the booming market. Industry analysts reminded us that compared to the western market, the development of the robotics industry in China is still immature, the lack of core technologies, fierce homogenization competition, and low recognition of independent brands are more prominent, resulting in more than 70% of the high-end market is Germany, Enterprises such as Japan occupy, and transformation and upgrading are imminent.

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