”So robots will have to take on a bigger role in the assembly line. Many of those robots deployed on Chinese factory floors will be foreign-made though, according to Reuters. Despite government efforts to push the country’s robotics industry forward, foreign robot manufacturers still have a significant lead in the market for manufacturing robots in China. Foreign companies built 41,000 of the 56,000 industrial robots currently deployed in China, according to statistics from the International Federation of Robotics cited by Reuters.”
Think of someone making profitable trades for you 24/7 without any extra charge, without your presence, while you are sleeping and at a very less capital. Surprising? Well, technology has created robots to do just about the same for you with great accuracy than a broker or any individual and at a very less capital to start trading.
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Robots were introduced into the Forex set up to tackle the difficulties that technicality introduced into Forex trading. For days on end, Forex trading remained to the confines of professional traders; those who understood each and every aspect of the tough trend lines and candlestick patterns. Today, Forex is a daily industry of 3 trillion dollars. This could not be achieved without pushing even the novices and amateurs into the trading world. This has largely been made possible by the automated Forex pilots who have robotized the way we see Forex.
Increased adoption of industrial robots coupled with a huge push from the industry for collaborative robots, opens opportunities for robotic solutions. In the immediate future industrial robots strengthen the position of every industry, promising more manufacturing efficiency at every level.
The importance of robots in industries is increasing day by day and they constitute a very important part of the modern industries. Robots have made so many things possible, which could not be even thought of around 6 decades ago. They have taken the place of manual labor, especially in places where people worked in very dangerous and hazardous conditions like welding, die casting and forging. They have brought about revolutionary changes in the field of industrial manufacturing. According to a research conducted by the United Nations Economic Commission for Europe the worldwide purchase for robots is increasing at the rate of approximately 19% every year.