Increase in Robot Usage in Global Factories
The use of robots in factories worldwide has more than doubled in the last seven years, with South Korea leading in robot density. China has surpassed Germany and Japan in robot usage, while the United States ranked 10th.
Key Points
- Robot density has more than doubled globally in the last seven years
- South Korea leads in robot density with 1,012 robots per 10,000 employees
- China has surpassed Germany and Japan in robot usage
- The United States ranked 10th in robot density
Pros
- Increased efficiency and productivity in manufacturing processes
- Reduction in human error and safety hazards
- Potential for cost savings in the long run
Cons
- Potential job displacement for human workers
- Risks of over-reliance on automation
- Challenges in retraining and upskilling the workforce