16 September 2024

Robotics is one of the most important advanced technology industries and it is expected to play an increasing role in the world economy. Robots are now used across vast sectors of China’s economy, including manufacturing, logistic, hospitality, healthcare and construction. As the global service industry continues to manage rapidly changing consumer trends and deluge of external factors such as labor shortage, trade concerns and supply chain interruptions, some are seeking new and cutting-edge technologies (Artificial Intelligence (AI), robotics and IoT) as a solution. With the promotion of new technologies, China’s manufacturing and services industry has begun to transform towards the orientation of intelligence, thus drives the demand for robotics products.

CROSBY Research – Technology: The essential for the future service industry transformation