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7 Charts Map Automation & Manufacturing Outlook

Automation has gone from being a possibility to a probability to a reality in electronics manufacturing.  The prospect has struck fear in the hearts of many who are afraid of the impact of these new technologies on the manufacturing space. 

As automation and artificial intelligence become more and more real in manufacturing, data points are being gathered to project how these technologies will change business and the world.  At the same time, it’s difficult to understand the true implications quickly. Consider that, in North America,  sales of robots rose 32%  in the first quarter of 2017 compared to the  year before, according to the Robotic Industries Association.

Meanwhile, the industrial robotics market is expected to grow by 175% over the next decade, according to Loup Ventures . At that same, the research firm points to collaborative, assisting platforms rather than traditional automated machinery as the growth driver.

The same report predicts that about one third of industrial robots sold by 2025 will be collaborative (working side by side cooperatively with human counterparts in the factory). ABI Research predicts the collaborative robotics market will surge to $1 billion in total revenue by 2020, with over 40,000 cobots entering the industry.

Rather than taking jobs away, it’s possible that growth in robotics and collaborative robotics could drive demand for labor, focusing both on employees to work with the robots and those to maintain, develop and operate the robots.

Clearly, it would be impossible to capture the full picture in a single frame of data. To that end, the infographic below from Raconteur, highlights seven different charts that demonstrate the impact of automation on manufacturing in general and on manufacturing employment in particular.

Take a look and let us know how you see automation changing your business in the comments section below.

1 comment on “7 Charts Map Automation & Manufacturing Outlook

  1. tamdavid0210
    April 12, 2019

    good job

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