2022 International Robot and Automation Solutions Exhibition (iRACE)

　　Robotics research, manufacturing and application symbolize the level of technological innovation and advancement of manufacturing industry for a country. As highlighted in China Robotics Industry Development Report 2021, the global robotic market is expected to reach US$33.58 billion in 2021 while its average growth rate during 2016-2021 is recorded to be around 11.5%. The market scales of different robots are expected to be US$14.49 billion for industrial robots, US$12.52 billion for service robots and US$6.57 for special robots respectively. As estimated, the global robot market will exceed US$47.7 billion by 2023.

　　In December 2021, Ministry of Industry and Information Technology of P.R. China officially issued the development plan for China roboties industry during the 14th Five-Year Plan period. The development goals for the industry have been clearly emphasized in the Plan. By 2025, China aims to become a key source of global robotic technological innovation, the hub for high-end manufacturing and the new cluster of integrated application. The average annual growth rate of robotic industry operated income is set to exceed 20%.

　　China industrial robots research targets at breaking through the core technology. Through close collaboration among government, industry, research and application, the level of essential elements, including decelerator, control system, servo motor, operating system and so on will continue to be augmented. In addition, the digitalisation and characterisation of service robots will be rapidly facilitated while the demand in special robots will continue to be enlarged. The robotics industry in China will further be advanced to higher level.

　　Focusing on technology and innovation, Greater Bay Area Industrial Expo has been constructed as the comprehensive platform for technology & industry collaboration and industry empowerment. Wide spectrum of exhibits being showcased every year includes worldwide latest technologies & products covering raw materials, key parts, advanced equipment, solutions, etc on CNC machine/ tools, smart manufacturing systems, industrial robotics, sheet metal laser cutting, plastics & packaging, mould manufacturing, industrial loT, industrial measurement, 3D printing, precision tools, A.I., diecasting, tools & hardware, metal and so on. The exhibition has gained broad support and affirmation from global vendors on its scale, variety and massive professional buyers. It has been well regarded as the important indication & trend of advanced manufacturing industry innovation in Greater Bay Area.