Domestic manufacturers’ share in China, the world’s largest robotics market, nears 50 per cent, up from 30 per cent in 2020.
A report by SemiAnalysis warns that China's advancements in robotics manufacturing and AI pose an "existential threat" to the US robotics sector. China's domestic manufacturers' share in the world's largest robotics market is approaching 50%, up from 30% in 2020, and they are starting to compete in higher-end market segments. The report suggests that if China achieves full-scale automation without the US, it would significantly benefit their production capacities and threaten the US economy.
