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According to data from the National Bureau of Statistics, the output of Industrial Robots in my country in the first quarter of 2023 was 103,691 sets, a year-on-year decrease of 3%.

Among them, the output of industrial robots in March was 43,883 sets, a year-on-year decrease of 5.7%; the output of industrial robots from January to February was 62,036 sets, a year-on-year decrease of 19.2% from 76,381 sets;

It can be seen that in the first quarter of 2023, the output of industrial robots in my country will decline as a whole. Among them, the year-on-year decline in January-February is relatively large, and the decline in March has fallen back. Recovering and speeding up development.

Judging from the Manufacturing Purchasing Managers Index (PMI), January, February, and March were 50.1, 52.6, and 51.9 respectively. They were all higher than the critical point, and the overall development trend of the manufacturing industry was good.

From the perspective of industrial added value, from January to March, the added value of industrial enterprises above designated size increased by 3.0% year-on-year, an increase of 0.3 percentage points from the fourth quarter of last year.

Among them, in March, the added value of industrial enterprises above designated size increased by 3.9% year-on-year in real terms. From January to February, the added value of industrial enterprises above designated size decreased by 1.3% year-on-year. From the overall data point of view, my country’s industrial economy is steadily recovering.

Previously, Sun Xiao, a statistician of the Industry Department of the National Bureau of Statistics, analyzed that from January to February, affected by multiple factors such as volume and price, the total profits of industrial enterprises above designated size in the country fell by 22.9% year-on-year. First, from the perspective of income, although industrial production has picked up, market demand has not yet fully recovered; second, from the perspective of cost, the decline in revenue is greater than the decline in cost, resulting in a decline in corporate gross profit; Affected by the impact of the above factors, the profits of enterprises have been greatly pressured; affected by the above factors, the profits of raw materials and equipment manufacturing industries have fallen sharply, pulling down industrial profits by 15.7 and 6.5 percentage points respectively.

Jiang Yuan, deputy director of the Industrial Statistics Department of the National Bureau of Statistics, said: “In general, industrial production recovered steadily in the first quarter and achieved a smooth start. However, we must also see that the industrial economy still faces difficulties such as insufficient market demand and declining profitability.”

For industrial robots, judging from the current market situation, in 2023, they will still mainly benefit from the demand from industries such as new energy vehicles, photovoltaics, lithium batteries, semiconductors, medical care, and warehousing and logistics. Sub-sectors also contain a lot of opportunities, such as power batteries, energy storage batteries may become this year’s booming track.