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For every 3-5 robots, there will be a full-time equivalent (FTE) employee supervising them. However, expect this will increase to one FTE per 7-10 robots by 2030.
Interact Analysis reports there will be more than 150,000 picking robots installed by 2030 as companies are using them to fill labor gaps.
Manufacturing growth will be constricted in 2024, but will rebound by 2027 according to an Interact Analysis report.
Rising labor costs and dropping robot prices will boost installations, Interact Analysis says.
China has been a dominant player in global manufacturing, especially in Asia, but India is starting to take forward strides, but their overall impact remains unclear.