IFR World Robotics report says 4M robots are operating in factories globally
SMRTR summary
Global industrial robot installations reached 541,302 units in 2023, the second-highest year on record. China dominates with 51% of global installations, while Europe and the Americas saw growth driven by automotive investments and nearshoring trends. The IFR expects robot installations to level off in 2024 but accelerate from 2025 onward, with long-term growth trends likely to continue.
SMRTR provides this summary for quick context. The original article belongs to Robot Report.
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