Robotics firms wait for the next wave

Companies bank on tech advantage, more R&D efforts to carve a niche in global arena

Though China's robotics market is experiencing short-term contraction, companies' consistent efforts to hone their technological prowess and beef up research and development on premium products will drive the industry into a new phase of high-quality growth, analysts said.

The comments came after the country's top industry regulator is reportedly working on a new 2035 development plan for the domestic robotics industry.