Parallel robot leader Atomrobot revenue jumps 41% YoY in H1 2023

Atomrobot has been expanding rapidly to overseas markets over the past few years. Although the firm didn't disclose the exact figures, it said sales abroad rocketed 503.52% over the same period last year.

Atomrobot (阿童木), one of China’s largest parallel robot producers, announced its financials for the first six months of this year ending June 30.

A parallel robot is a closed-loop mechanism whose end-effector (platform) is linked to the base by several independent kinematic chains.

Parallel robots are often used for picking, sorting, handling and boxing items in scenarios that do not require a large operational space.

The firm said sales of its parallel robots ranked first nationwide, without elaborating.

Sales across all channels surged 41% year on year between January and June, said the Tianjin-based company.

Atomrobot has been expanding rapidly to overseas markets over the past few years. Although the firm didn’t disclose the exact figures, it said sales abroad rocketed 503.52% over the same period last year.

A sales breakdown indicates that the sales of robotic bodies went up 35% from the first six months in 2022. Also during this period, control systems leaped 15.1% and machine vision systems rose 15.1%.

During the first half of this year, Atomrobot, a domestic leader in parallel and SCARA robots, filed upwards of 157 patents.

Its products are mainly deployed to industries including 3C, printed circuit board (PCB), new energy, automobile and parts, pharmaceutical, daily chemical, food and dairy beverage.

According to MIR Databank, an automation-focused research organization, Atomrobot’s share of the domestic segment for parallel robots rose to 20.9% in 2022, 5.7 percentage points higher than in 2021.

The firm has topped the chart of homegrown parallel robot manufacturers for four consecutive years, and for the first time surpassed foreign brands in market share last year, MIR Databank said.

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Ni Tao

Ni Tao is the founder and editor-in-chief of cnrobopedia. Prior to cnrobopedia, he had a full decade of experience with a major state-run English-language newspaper as a tech reporter and opinion writer. He is also a communications specialist, having provided consultancy services to established firms like Siemens, Philips, ABinBev, Diageo, Trip.com Group (Nasdaq: TCOM, HK: 9961), Jianpu Technology (NYSE: JT) and a handful of domestic startups. A graduate of Fudan University, he writes widely about China's business and tech scenes and other topics for global publications including South China Morning Post, SupChina, The Diplomat, CGTN, Banking Technology, among others, and tries to impart his experience to students at Fudan University Journalism School, where he is a part-time lecturer. When he's not writing about robotics, you can expect him to be on his beloved Yanagisawa saxophones, trying to play some jazz riffs, often in vain and occasionally against the protests of an angry neighbor. Get in touch with him by dropping a line at nitao0927@gmail.com.

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