China is the most attractive market in the world for robotics suppliers, with a relatively low robot density, lots of manufacturing, and fewer regulations than in other countries. At the same time, there are plenty of things to discourage business, from worries about trade disputes and intellectual property to the recent Chinese slowdown. How should…
Companies race to increase foothold in China as robotics industry grows
Right now, robotics companies are setting their sights on China as its robotics industry and the number of robots installed in the country continue to grow. Through official initiatives, such as the “Made in China 2025 program,” the Chinese government is helping drive this industry growth. The program’s five-year plan aims to automate sectors like…