DEPLOYDatabase

Company

Inovance Technology

China's largest industrial automation company and second-largest industrial robot manufacturer.

Founded
2003
HQ
Shenzhen, China
Status
active

The verified answer

As of Sep 2026, DEPLOY verifies Inovance Technology: 1 model, 1 deployment across 1 region. 1 source back the record.

CategoryIndustrial Robots

Appears inManufacturing robots

Overview

China's largest industrial automation company and second-largest industrial robot manufacturer. Produces servo motors, drives, inverters, and industrial robots. Publicly traded on Shenzhen Stock Exchange (300124.SZ).

Verified record

Verified deployments
1 deployment on file
Active incidents
None on file

Key facts

CEO

Zhu Xingming (Chairman & CEO)

HQ

Shenzhen, China

Founded

2003

Revenue

¥45.10 billion (~$6.23B) in 2025 — 25% YoY growth

Market share

8.8% of Chinese industrial robot market by unit sales (2025) — 2nd among Chinese companies, 4th overall

Robot shipments

5,000+ industrial robots shipped in 2025

New businesses

Intelligent robots and digital energy — ¥1.80B revenue, 16% growth

Incidents

None found — audited

Data & sources

Web sources

1

1 source backing this record.View all →

Inovance Technology on the deployment map

View the global map

1 verified deployment across 1 region, newest verified Jun 2024. Explore where Inovance Technology's robots are operating, by place and type.

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View the full Inovance Technology deployment record →

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Relationships

Current leadership (1)

Safety record

No incidents on record for Inovance Technology.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Operator customers (1)

Recent coverage

Inovance Technology in third-party press

Peers

75 peers across 1 segment. Every Inovance Technology competitor derived from shared form-factor and application-domain edges.

industrial robot(75)

33 companies in this segment · moderately_concentrated (HHI 2051.61304640928) · leader Mind Robotics at 3415%