You’d be amazed to know how much revenue the global warehouse automation market generated in 2021! As per Statista, the numbers stand at $7.91 billion, with an estimated $51 billion by 2030. The traction was mainly due to the boost in automation efforts to tackle the workforce shortage during the pandemic. Even with the pandemic subsiding, though, we can see that the market for Robotics for warehouse management is increasing rapidly. Welcome back to the 2nd blog in the series. This time, we’ll look at the different types of robots transforming the warehouse. Let’s start! Automated Guided Vehicles (AGVs) Automated Guided Vehicles are self-driving cars that navigate through the warehouse…
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Overcoming the challenges of automation in manufacturing
In the last three blogs, we have tried to understand automation in manufacturing and warehousing as well as its types and benefits. But, just as every coin has two sides, automation poses certain challenges. Let’s talk about those now. It is predicted that 20 million jobs will be displaced due to automation in manufacturing by 2030. This figure suggests that around 46% of jobs will be lost by 2030. Each year there is a staggering 10% increase in automation. Lately, automation in the manufacturing sector has picked up as it reduces labor costs, increases production speed, and improves accuracy. But specific challenges still pose a threat to its guilt-free and full-scale adoption. What are the challenges…
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Benefits of Manufacturing Automation
Hello readers! Now that we know what Manufacturing Automation – from the last blog – let us now highlight its benefits more clearly. COVID-19 has turned manufacturing automation from a cost-saving hack to a complete necessity. Automation will globally raise global productivity by 0.8% to 1.4% annually. This will also be followed by a net growth of 12 million jobs. As per McKinsey, almost 50% of the workforce can be easily automated. It’s no surprise automation in manufacturing has taken up more steam and resumed operations since the pandemic. In this article, we will introduce you to the benefits of manufacturing automation. It will help you understand if you should…
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Types of Industrial Automation Systems
Welcome back to another piece regarding Industrial Automation Systems. In this blog, we shall talk about the various types of systems and their advantages for the manufacturers. Let’s begin! Ever since the surge of the industrial revolution, there has been a continuous need for automation and the complete transformation of quality-infused final products. Industrial automation calls for reducing human labor and better handling the production process through machines like a drill, conveyor belt, motors, etc. Many industrial experts in the past decade have proposed the need for high volume and high-quality products which are highly reliable and less obsolete. Large production units and conglomerates have realized that catering to such…
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What is Industrial Automation, and Where is it Taking Us?
Welcome back to another series of interesting information and insights into modern technologies. This time around, we shall be taking up the topic of Industrial Automation. We hope you find it interesting. Let’s begin! Automation is rapidly transforming how we think about, operate, and utilize technology across industries for various processes. Today, industrial automation is a reality that goes beyond mechanization – it involves the active use of control devices like PCs, PLCs, and PACs to successfully navigate industrial processes. Though it is broad in scope and purpose, industrial automation can be defined precisely. Simply put, it refers to the integration of computerized machinery, information technologies, and control systems into…