Robot adoption key factor in productivity growth post-Covid-19

Posted on 14 May 2020 by Jonny Williamson

The adoption of industrial robots will likely be a critical determinant of productivity growth for the post-COVID-19 economy, according to the latest insights from the International Federation of Robotics.

Companies around the world are increasing their use of industrial robots. Within five years, the global operational stock rose by about 65% to 2.4 million units (2013-2018). For the same period of time, the US Bureau of Labor Statistics reported a positive impact on the job market, with employment in the automotive industry – the…

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