The Robotic Revolution
Robots have been used since the 1950’s to automate basic processes and make more units, faster, with more accuracy. With increasing reliance on automated processes throughout the world, robots are playing a larger and larger role in manufacturing. The International Federation of Robotics (IFR) reports average annual robotic sales between 2005 and 2008 at 115,000 units. This rose to annual sales of 171,000 between 2010 and 2014, an increase of about 48%. Poised on the edge of a critical technological overhaul, the robotics industry is expected to grow in leaps around the world, across industries and across businesses of all sizes.