Want to create an interactive transcript for this episode?
Podcast: CXOInsights by CXOCIETY
Episode: PodChats for FutureIoT: Industrial automation trends in Asia
Description: The total commercial and industrial robot base is currently estimated to be 3.5 million units in 2022, according to the International Federation of Robotics. ABI Research expects this number to grow to more than 20 million by 2030. Perhaps the even more impressive news is the forecast by ABI Research that by 2024, the industrial manufacturing sector will have installed over 15 million AI-enabled devices.βGlobal robot installations grew tremendously throughout 2021 and have continued to do so in 2022, reaching record levels for industrial and collaborative robots,β explains ABI research director Lian Jye Su. He concedes that this recent boom is expected to f...