The robotics industry is emerging as a growing sector in China, both in terms of supply and demand, as businesses invest in the sector and China's growing middle class provides the perfect market. In fact, China has become one of the world's biggest markets for robotic technology, with more than 100 companies producing robots that can perform tasks ranging from cleaning to cooking. Rising labour costs in China are further encouraging companies to invest in new technologies.
The robotics industry is emerging as a growing sector in China, both in terms of supply and demand, as businesses invest in the sector and China's growing middle class provides the perfect market. A wave of start-ups, with VC backing, are taking advantage of emerging technologies to make some significant developments in the industry, with Insight Robotics, Simbe Robotics and Ninebot just a few of the many companies emerging in the country. Rising labour costs in China are further encouraging companies to invest in new technologies.