The Boom of Humanoid Robots in China Supply Chain, Innovation and Applications

TapTechNews September 12th news, according to CCTV Finance and Economics, from September 12th to 16th, the 2024 China International Fair for Trade in Services will be held in Beijing. The report mentioned that currently, about 38% of the global humanoid robot supply chain enterprises are in China, and Beijing, Shanghai, Guangdong and other places have all established embodied intelligent robot innovation centers.

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Currently, humanoid robots are accelerating the transformation from showcasing skills to providing services, and gradually entering the lives of ordinary people. The report said that with the dual boost of hardware innovation and large model technology, China's robot industry is booming. This year's Fair for Trade in Services shows the various possibilities that humanoid robots bring to human production and life, and at the same time, in real life, intelligent products represented by humanoid robots have also begun to be applied on the ground.

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According to TapTechNews' previous report, during the 2024 World Robot Conference that opened on August 21 this year, the exhibition site has already become an arena for various R & D enterprises to display and compete. Some parts of humanoid robots have begun to enter the small-batch mass production stage, and some enterprises have even directly given the price, and the cheaper ones have even dropped to less than 100,000 yuan ($14,200).

As of July 2024, the number of valid robot-related patents held by China has exceeded 190,000, accounting for about two-thirds of the global share. China has been the world's largest industrial robot market for 11 consecutive years, and the new installed capacity in the past three years has accounted for more than half of the global total; the robot density in the manufacturing industry has reached 470 per 10,000 workers, an increase of nearly 19 times in ten years.

Related reading:

Humanoid Robots Enter the Mass Production Stage, and the Price Has Dropped to Less Than 100,000 Yuan ($14,200)

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