Siasun Robot & Automation, China’s largest robot maker, opened yesterday a 340,000-square-foot facility able to produce 10,000 sets of robots per year.
The plant, which is in Shenyang capital of Northeast China’s Liaoning province, cost $302 million and took the company five years to build, the China Daily reported.
The tech-focused campus consists of a headquarters building, a robotics exhibition center, a research & development center and various manufacturing centers. It integrates robots, intelligent equipment and information technology into the manufacturing process, which covers the production, quality and logistics processes of manufacturing from product design to manufacture.
Siasun President Qu Daokui said the industrial park will serve as a new ecological platform that integrates the industry, finance, education and innovation.
The robot market is growing rapidly and China is the industry’s largest market. Chinese robot makers have resorted to merger and acquisitions to keep up with the pace of growth, the Robot Report revealed last year.
This year, industrial robot makers are projected to sell 346,000 units, an 18% increase compared with 2016. China, the Republic of Korea and Japan are the top-three buyers of robots, according to the Germany-based International Federation of Robotics.
Robot sales reached about $13.1 billion in 2016 and auto makers are the largest buyers of such technology. The robotic market is dominated by players such as Japan-based Fanuc, Switzerland-based ABB, Yaskawa Electric and Kawasaki Heavy Industries, both based in Japan.