Understandably, the market for manufacturing automation is expected to grow at 8.7% CAGR from 2022 to 2031. Utilizing modern systems based on IoT, manufacturing industries can enhance their product quality and output.
That’s why famous software magnate Bill Gates said,
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.”
Check out the top automation in manufacturing statistics here!
Automation can improve the productivity of tasks like processing, inspection and planning.
Manufacturing industry warehouses are using automation to store raw materials and product parts.
Adopting automation can lead to more jobs for technically skilled workers.
Around 24% of companies feel automation will help reduce operating expenses. It’s because AI can improve product development, quality assurance, and data management. Further, centralized monitoring, auditing and compliance will also be improved.
Companies are looking forward to developing intelligent factories via cloud computing.
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