Investor Presentaiton
Industrial robot-Estun, Inovance, LHDS & Shuanghuan
Localization rate & market share (%) of industrial robots in China
Historically, international manufacturing brands have held a monopoly in the industrial -obot market, but market share of
Chinese makers has gradually improved.
China industrial robot body manufacturers' localization rate
Market share analysis of robot body manufacturers in China
as of 2022
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
17.5% 19.9%
24.2%
26.9%
30.1%
28.6%
32.8%
35.7%
0%
2015
2016
2017
2018
2019
2020
2021
2022
Domestic ■Overseas
Source: MIR, Leadleo Research Institute, Macquarie Research, May 2023
■FANUC, 15%
■ ABB, 8%
■ Yaskawa, 8%
■ KUKA, 8%
■ Epson, 6%
■ Estun, 6%
■Inovance, 5%
■ Yamaha, 4%
■ Kawasaki, 3%
Nachi, 3%
■ Efort, 2%
■ Others, 31%
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