Southeast Asia Industrial Robots Industry Report 2022: Industry Operations 2018-2022 and Outlook 2023-2032
The “Research Report on Southeast Asia Industrial Robots Industry 2023-2032” report has been added to ResearchAndMarkets.com’s offering.
Industrial robots are multi-joint manipulators or multi-degree-of-freedom machine devices widely used in industry, with certain automaticity, which can rely on their own power energy and control ability to achieve various industrial processing and manufacturing functions, and are widely used in various industrial fields such as electronics, logistics, and chemical industry.
According to the publisher’s analysis, the labor cost in Southeast Asia is currently low, but the growth rate of the wage level is high. Therefore, many foreign-invested companies in Southeast Asia, such as those in the auto parts, logistics, and electronics manufacturing industries, are purchasing industrial robots to improve industrial automation and control the growth of labor costs.
Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.
At present, the development of industrial robot industry in Southeast Asian countries varies widely. According to the publisher’s analysis, the industrial robot industry in Vietnam and Thailand is developing rapidly.
Some Chinese companies have already established industrial robot production bases in Vietnam and are expanding their production capacity. For example, Guangdong Topstar Technology Co., Ltd. has taken Vietnam as an important production base and one of the main target markets for industrial robots.
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