机械设备行业跟踪报告：7月工业机器人与服务机器人产量延续增长趋势

Investment Rating - The industry is rated as "Outperforming the Market" with an expected relative increase of over 10% in the next six months compared to the market index [4][21]. Core Insights - In July 2025, China's industrial robot production increased by over 20% year-on-year, with a total of 63,700 units produced, reflecting a 24% growth [2][11]. - The service robot sector also showed robust growth, with July production reaching 1,489,900 units, a year-on-year increase of 12.8%, and a cumulative production of 10,378,300 units for the first seven months, up 23.6% [2][16]. - The report emphasizes the ongoing expansion of the service robot market, highlighting advancements in technology and diverse application scenarios, which are expected to enhance robots' adaptability and human-machine interaction capabilities [2][16]. Summary by Sections 1. Industrial Robots - China's industrial production maintained a growth trend, with a year-on-year increase of 5.7% in July 2025 and 6.3% for the first seven months [10]. - The industrial robot sector is experiencing accelerated transformation towards automation and intelligence, becoming a key driver for industrial upgrades [11][12]. 2. Service Robots - The service robot market is expanding rapidly, with significant growth in various application areas, including healthcare and logistics, and moving towards agriculture and emotional companionship [2][16]. - Future developments in service robots will focus on high intelligence, diverse scenarios, and ecosystem integration, driven by technological breakthroughs [2][16]. 3. Investment Recommendations - The report suggests that the Chinese robot industry is in a historical opportunity phase, with domestic brands likely to gain market share. It recommends focusing on leading companies with market advantages and strong performance certainty [2][19].