Industrial robots promise to replace 70 to 90% of existing manufacturing jobs. People will learn new ways to achieve an economy, to achieve economic development. An economy needs to adjust, to be flexible if you gave pink slips to more than half the labor force.
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”Re-inventing manufacturing” almost sounds like the mission statement of a Technocrat or Futurist looking to capture the utopian dream. Indeed, but why can’t we? After all, Henry Ford’s assembly line is a pretty old concept. Yes, certainly we have made incremental advances and yet, what about the proverbial ”OMG” revolutionary innovations, and ”leap-frogging” type paradigms shifts in the manufacturing sector? I guess we are still waiting for those aren’t we? We don’t have Star Trek assimilation machines yet, I suppose someday we will, and I hope the US is the nation to bring such dreams to fruition.
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The latest report added to the extensive research report database of Market Research Reports Search Engine (MRRSE) on the industrial logistics robots market states that the market will expand at a healthy CAGR during the forecast period and will be worth US$30 billion by 2020. This report is titled “ Industrial Logistics Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020”.