backgrounds
The company is one of the leading companies specializing in the development, manufacture and commercialization of collaborative robots (commonly known as “collaborative robots”). According to the Insight and Consultation Report, according to the 2023 shipment volume, the company ranked in the top 2 in the global collaborative robot industry and ranked first among all collaborative robot companies in the mainland, with a global market share of 13.0%. The global collaborative robot industry is in the early stages of development. In terms of revenue, the market size in 2023 will account for less than 2% of the global robot industry. According to the same data, according to the 2023 global collaborative robot revenue scale, the company ranked 7th in the global collaborative robot industry, with a global market share of 3.6%. As of the last practical date, the company provided a total of 27 collaborative robot models in 4 series, which can meet large-scale usage scenarios in many fields such as manufacturing, retail, healthcare, STEAM education, scientific research, etc.
summary
Collaborative robots have an attractive value: The collaborative robot industry is currently undergoing a period of rapid growth. The size of the global collaborative robot market increased dramatically from US$466.6 million in 2019 to US$1039.5 million in 2023, with a compound annual growth rate of 22.2%, expected to reach US$4950.0 million by 2028, and a compound annual growth rate of 36.6% from 2023 to 2028. The growth rate of the global collaborative robot industry far exceeds the growth rate of the traditional industrial robot industry. It is expected that the spread of AI technology will further accelerate the adoption of collaborative robots in more usage scenarios.
The company has a rich product portfolio: The company provides one of the richest product combinations in the global collaborative robot industry, which satisfies a large number of applications in manufacturing, retail, healthcare, STEAM education, scientific research, etc. The comprehensive product matrix enables the company to provide model combinations with different shaft configurations, load capacity and performance requirements for specific production lines, crafts or usage scenarios to meet the needs of specific customers to ensure that collaborative robots are fully utilized in their intended uses, thereby saving costs and improving operational efficiency.
The company has a good sales network: The company has established a broad and diversified customer base in the mainland and around the world, spread across more than 80 countries and regions. The company achieved broad customer coverage through direct sales and distributors' distribution of collaborative robot products.