The USA - China robotics competition: Leading the race in innovation and global power

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Abstract

The International Federation of Robots claims that the number of robots being produced today is at an all-time high, particularly in sectors like electronics and the automotive industry. Considering this, as artificial intelligence (AI) becomes more and more popular, it is imperative to study the robotics market, particularly in the nations that are major players in it. Robots are now integrated into all industries, especially automotive and electronics. The need for modernization and increasing competition are pushing countries to automate production and improve business processes; the United States and China have achieved the greatest success in this. According to the authors, it is China that will succeed in the industrial robotics market by introducing “smart manufacturing” and “smart factories.” In addition, there is now a growing trend towards creating robots that interact with people: the development of technology, the emergence of artificial intelligence, as well as human acceptance of the robot - all this contributes to the introduction of robots into our lives. Thus, according to the authors, it is the United States that has achieved the greatest success in the field of introducing service robots responsible for interaction with humans. The evolution of the robotics industry in the two major market participants - China and the United States - is analyzed. The study analyzes the industries in both countries to pinpoint development areas and reviews government initiatives that support business growth in both China and the United States.

About the authors

Marina S. Reshetnikova

RUDN University

Author for correspondence.
Email: reshetnikova-ms@rudn.ru
ORCID iD: 0000-0003-2779-5838

PhD, Assistant Professor of Department of Economic and Mathematical Modeling

6 Miklukho-Maklaya St, Moscow, 117198, Russian Federation

Svetlana S. Tretyakova

RUDN University

Email: 1032201952@rudn.ru
student, Faculty of Economics 6 Miklukho-Maklaya St, Moscow, 117198, Russian Federation

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