Lyric Robot Automation Co. said its delivery value in smart logistics, including robots, has exceeded 2 billion yuan, or around $274 million (U.S.). The company said it uses market insights to address customer pain points and operational challenges with customized intelligent warehousing systems.
Lyric said its range of automated equipment is “independently developed and meticulously manufactured” and can help businesses reduce inventory management costs and improve efficiency. The company added that it conducts research and development, production, and sales.
Established in 2014, Lyric is based in Guangdong, China. It has offices in Germany, Canada, Poland, Switzerland, the U.K., Hungary, the U.S., Japan, South Korea, Thailand, India, and Indonesia. It provides systems for companies in new energy sectors, including lithium-ion batteries, photovoltaics, and fuel cells, as well as for automotive component makers and smart logistics.
In November, Lyric earned a contract to provide a bulk order of high-speed intelligent coating machines for an automotive manufacturer. The company said its automated coater solves size and appearance problems in the traditional coating process.
Lyric portfolio includes ‘autonomous awareness’
Lyric Robot Automation’s 15 robot offerings include automated guided vehicles (AGVs), autonomous mobile robots (AMRs), stacker robots, and mobile manipulators. Its product line also includes heavy-duty and light-duty stacker crane series.
The company claimed that its AMRs are “equipped with cutting-edge autonomous awareness technology.” They include bi-directional shuttle cars, box-type four-way shuttles, pallet-type four-way shuttles, and mother-child shuttle cars.
These robots can quickly recognize and flexibly adapt to various storage conditions, according to Lyric. This allows it to meet customers’ personalized needs for different rack heights.
Unlike other two-dimensional storage systems, Lyric said its robots use autonomous navigation systems and refined environmental perception to navigate complex, three-dimensional storage environments.
“This optimizes vertical space utilization to the fullest, realizing high-density automated material handling and reshaping the boundaries of intelligence and agility in smart warehousing,” stated the company.
China’s robot stock grows
Chinese companies like Lyric have increasingly been trying to break through into the international robotics industry. The country is by far the world’s largest market for automation. The 276,288 industrial robots installed in China in 2023 represent 51% of the global installations, said the International Federation of Robotics’ (IFR) World Robotics report.
China isn’t just pushing for more robots to be installed within the country; it’s also increasing its share of robot manufacturers. The Chinese domestic market reached 47% in 2023.
In contrast, it has fluctuated around 28% over the past decade. The operational stock was just shy of the 1.8 million-unit mark in 2023, making China the first and only country in the world with such a large robot stock, the IFR reported.