The accelerated growth in the mobile robot market in China over the past ten years allows globalization strategies as companies face increasing economic pressures at home, according to data from the Industry Research Company, interaction analysis.
The report is martyred with flourishing e -commerce, increased employment costs, and paying the government to automation as major engines for the mobile robot market in China since 2015. In response to the direction, hundreds of local companies have originated to supply independent mobile robots (AMRS), AGVS, and other automatic automatic tools in all parts of the country. However, the rapid expansion led to a local market characterized by intensive competition and “unavoidable price pressure” according to the report.
“Slow local growth and covered margins causing many major Chinese mobile robots to start an aggressive international internationalization strategy,” according to September analysis from Jonathan Sparks, market analyst in interaction analysis. “By expanding in Europe, North America and other high -prices markets, they are looking for a higher profit and long -term stability.”
For research, the company analyzed more than 60 returns of Chinese mobile robot sellers from 2018 to 2024. They found that local companies that expanded internationally outperformed those that focused only on the local market.
Interaction analysis
“… given that these sellers will expand their offers to international markets, the performance gap is increasing in size. It shows an extensive deviation between international companies and local competitors who focus only.” “This insight explores the increasing expansion of Chinese mobile robots who are expanding internationally and the effects of this on the global market.”
Among these consequences, Sparks said that this trend will help make automation within the reach of smaller companies, increase price pressure on American and European mobile robots, and expand partnerships between the integral regulations for dealing with Chinese materials and sellers.
