Increase in Robot Use in Global Factories

SOURCE www.ibtimes.com
Robot use in factories has more than doubled in the last seven years, with South Korea leading in robot density. China has surpassed Germany and Japan in robot use. Robot density is a measure of automation adoption in manufacturing.

Key Points

  • South Korea leads in robot density with 1,012 per 10,000 employees
  • China has surpassed Germany and Japan in robot use
  • Global average robot density has more than doubled in the last seven years

Pros

  • Increased efficiency in manufacturing processes
  • Higher productivity with the help of automation
  • Potential for safer working environments for employees

Cons

  • Potential job displacement due to automation
  • Concerns about the impact on employment rates
  • Need for retraining workers to adapt to automation