The demand for automation technology will be driven primarily by China over the next few years, according to a new report by ValueWalk:
“Calling China the “automation nation,” HSBC researchers Helen Fang, Michael Hagmann, Richard Schramm and Anderson Chow note that demand for robots is “going into overdrive.”
Around the globe, there is an average of 69 robots per 10,000 workers. By 2020 there are projected to be 150 robots per 10,000 workers, nearly tripling the current standard and displaying almost a 3x growth rate. Nearly 1/3 of all robotic demand is coming from China.