As of 2019, smart assembly systems accounted for the largest revenue share of smart manufacturing applications in China at almost 44 percent. The total market value of the smart manufacturing industry amounted to 142 billion yuan in the same year. A higher reliance on highly automated production processes is going to be the future in the manufacturing industry. With its investments into the industry, China tries to spearhead this new industrial revolution.
Market revenue share of smart manufacturing technology in China in 2019, by application
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LeadLeo. (March 25, 2021). Market revenue share of smart manufacturing technology in China in 2019, by application [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1258183/china-share-of-smart-manufacturing-systems/
LeadLeo. "Market revenue share of smart manufacturing technology in China in 2019, by application." Chart. March 25, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1258183/china-share-of-smart-manufacturing-systems/
LeadLeo. (2021). Market revenue share of smart manufacturing technology in China in 2019, by application. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1258183/china-share-of-smart-manufacturing-systems/
LeadLeo. "Market Revenue Share of Smart Manufacturing Technology in China in 2019, by Application." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1258183/china-share-of-smart-manufacturing-systems/
LeadLeo, Market revenue share of smart manufacturing technology in China in 2019, by application Statista, https://www.statista.com/statistics/1258183/china-share-of-smart-manufacturing-systems/ (last visited December 22, 2024)
Market revenue share of smart manufacturing technology in China in 2019, by application [Graph], LeadLeo, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1258183/china-share-of-smart-manufacturing-systems/