Market size of servomechanism in China 2017-2022

Published by
Daniel Slotta,
Jun 18, 2024
In 2021, the size of the servomechanism market reached over 22 billion yuan. According to the forecast, the market was projected to grow by over six billion yuan in 2022. Servomechanism account for 25 percent of the total cost of an industrial robot.

Size of the servomechanism market in China from 2017 to 2021 with an estimate for 2022 (in billion yuan)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

April 2022

Region

China

Survey time period

2017 to 2021

Supplementary notes

*Estimate.

One yuan equals 0.14 U.S. dollars and 0.14 euros (as of November 2022).

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Robotics in China "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Robotics in China

Overview

5

Industrial robots

7

Service robots

5

Specialized robots

6

Investments

6

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Robotics industry in JapanAutomobile industry in JapanHitachiKawasakiLogistics industry in Japan
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.