Analysts say that the use of robots has moved away from the large, expensive machines used for the most recent years in industries such as the automotive sector, to much more complicated robots that are more capable of completing more complex tasks. This enhances the competition inside the economy, basically providing a staple to go off of. Without scaling up to competition, companies can have severe, negative impacts as a result of not competing with industry innovation. According to Boston Consulting Group, investment into robots will rise 2-to-3 percent annually. Taking away one of the major staples to the manufacturing industry, and having blue-collar working people, would stop this annual growth and have an impact on the economy and competition.
The main reason for offshore manufacturing is to reduce production costs for a manufacturer who is trying to make more profits by exploiting the comparative advantages that exist in other countries and which are not in his/her country.
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”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.”
Cleaning robot is an autonomous robot that cleans floor, windows, lawns, and others. It is employed in mopping, UV sterilization, and other purposes in household as well as industrial applications. Cleaning robot minimizes human efforts and saves time, economical and electricity. People with disability can use cleaning robot as an alternative for expensive housekeeping services. Technological advancement has made robots more intelligent and they are able to detect different amount of dirt at different spots.