Manufacturing Industry Automation- How long for an Equilibrium in Human and Robot cost?
Manufacturing Industry Automation Equilibrium: A Critical Analysis Executive Summary The manufacturing sector is entering a decisive era shaped by robotics, labor dynamics, energy economics, and consumer forces. Convergence between human labor and automation is projected between 2035–2045 , though breakthroughs, policy shifts, or global disruptions could accelerate or postpone this balance. Expanded Factor Analysis 1. Robotic Automation Trajectory Current Trends : Global robot installations surged 31% in 2021, with manufacturing absorbing 70%. Automotive and electronics lead; textiles and food remain cautious. SMEs still encounter integration hurdles beyond cost. Shaping Dynamics : Robotics advancing toward human dexterity in repetitive tasks. Physical design limits slowing full substitution. Regulatory restrictions governing safety-critical applications. Diminishing automation ROI in certain processes. 2. Human Labor Economics Labor costs continue to diverge globa...