Robots are an outcome of modern technology, where machines are capable of carrying out various complex actions automatically. Nowadays, such technologically advanced machines act as a key tool for enhancing productivity and living standards. Till date, maximum adoption has been seen in manufacturing where they perform various complicated tasks effectively than humans.
However, with continued technological advancement, robot use is rapidly spreading to several other sectors, ranging from agriculture to hospitality. Consequently, companies across the globe are acquiring robots at a faster pace.
According to the International Federation of Robotics, Korea has won the crown as the world’s largest robots adopter. The country currently owns 710 robots for 10,000 workers, whereas the U.S sits at the seventh position, with 200 robots for every 10,000 workers. Thus, this survey proves that the West lags behind in industrial robot adoption. The western countries need to overcome the fear of automation first, before hoping to boost their competitiveness and productivity.
Having More Robots Provides Economic Benefits to Manufacturing Sectors
Several patterns emerge while comparing the rank of actual robot embracing rates with expected rates. On the basis of manufacturing-wage adjustment, East Asian nations top the chart, occupying six out of the top seven positions. The top six nations are Korea, Singapore, China, Thailand, and Taiwan.
On the other hand, Europe is far below on the list, except two countries. The Czech Republic and Slovenia are the two European countries adopting robots at a higher-than-expected rate provided wage levels. The robot adoption rate in the United States is 49 percent below than expected.
This survey proves that the western countries, especially the United States lacks robotics strategy. This country focuses more on complementing robots rather than automated ones. However, there is a clear picture about the positive correlation between manufacturing output and robot density. Therefore, if the United States hopes to boost its productivity, it needs to implement policies that spur faster adoption of robots.