German Robotics Faces Chinese Giants: A Competitive Showdown

Growing competition from China is impacting Germany's robotics industry, which is already experiencing a decline in orders within a weak domestic economy, according to the VDMA engineering association. Chinese suppliers, successful in their home markets, are now expanding into Europe, intensifying the competition.


Reuters | Updated: 17-06-2024 18:30 IST | Created: 17-06-2024 18:30 IST
German Robotics Faces Chinese Giants: A Competitive Showdown
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German robotics industry faces stiff competition from China, VDMA says

Growing competition from China is weighing on the outlook for Germany's robotic industry, which is already struggling with falling orders in a weak domestic economy, a representative of the VDMA engineering association told Reuters.

"Competition is fierce," Frank Konrad, head of VDMA's robotics and automation department, said in comments published on Monday. "Many Chinese suppliers have grown strongly in their home markets and are now pushing into Europe."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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