China’s smart robotics industry is growing at an impressive pace. As of December 2024, the country has registered 451,700 companies in the sector, with a total capital of 6.44 trillion yuan ($884.27 billion). Since 2020, the number of firms has increased by 206.73%, showing a steady upward trend. Even in the past year alone, the industry has grown by 19.39%, signaling strong demand and investment in robotics technology.

China’s industry and regional Robotics landscape

Most of China’s smart robotics firms operate in scientific research, technical services, IT, and wholesale sectors, making up nearly 80% of the industry. Geographically, the eastern region of China, dominates the landscape, hosting over two-thirds of all robotics enterprises. This area is known as the “golden cluster zone” due to its advanced research and development facilities. Meanwhile, the central and northwestern regions also maintain a solid presence, accounting for 15.33% and 14.97% of enterprises, respectively.

Expansion in Humanoid Robotics

China is pushing the boundaries in humanoid robotics. Companies like UBTech, Unitree Robotics, CloudMinds, and Engine AI are making strides in AI-powered humanoid robots. UBTech has partnered with Foxconn to introduce robots into manufacturing, while Unitree launched its G1 humanoid robot in July 2024. Leading automakers like BYD and Geely are also integrating humanoid robots into their production lines. Investment in this field is strong, with China securing 56 out of 69 global financing events in 2024, totaling 11 billion yuan ($1.5 billion).

Government support fuels innovation

China’s government has prioritized robotics development. By 2025, the country aims to establish a world-class humanoid robotics industry with mass production capabilities. Policies in cities like Beijing and Zhejiang focus on fostering robotic innovation, supporting startups, and strengthening supply chains. By 2035, China’s humanoid robot market is expected to reach 300 billion yuan, solidifying its position as a global leader in the field.

Read More:

• Huawei overtakes Apple as China’s tablet market expands 4.3% in 2024: IDC
• In 2025, 2 out of 3 new EVs in China will be equipped with Self-Driving technology
• Comparing Samsung Galaxy S25 Ultra and Vivo X200 Pro: Which is better?

(via)

The post China’s Smart Robotics industry is booming with more than 450,000 companies appeared first on Gizmochina.