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China remains largest market for German robotics sales in 2017
 
Date:2018-06-07  Source:Xinhua

Robotics and automation in Germany reached a record sales volume of 14.5 billion euros (16.9 billion U.S. dollars) in 2017 and China remained the largest market, the German mechanical engineering association VDMA announced on Tuesday.

"2017 was a very strong year for our industry," says Norbert Stein chairman of VDMA Robotics and Automation. "The fact that our expectations have now once again been exceeded is a testimony to the extraordinary market dynamics in automation."

According to VDMA Robotics and Automation, exports were the main growth driver in 2017. Sales to China grew by around 60 percent compared with 2016, significantly strengthening China's position as the most important market for German robotics and automation. Large investments by the electronics industry in automation have further strengthened China's strong demand.

Exports to all other Asian countries also grew at an above-average rate of around 20 percent.

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