Robotics

How Advanced Robotics Will Impact Job Markets

Robots are set to have a major impact on workforces around the world over the coming years with jobs involving routine manual activity most at risk from automation. In order to gauge how the adoption of advanced robotics will affect the labor market, the Boston Consulting Group carried out a survey of executives and managers from 1,314 global companies in early 2019.

The research found that 67 percent of Chinese companies are expecting a reduction in the number of employees due to automation, along with 60 percent in Poland and 57 percent in Japan. Some companies are more at risk than others with only 34 percent of organizations in Italy expecting reductions by comparison.

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This chart shows the share of companies expecting a reduction in the number of employees.

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Industrial robots - worldwide shipments 2004-2024
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Industrial robots - estimated operational stock worldwide 2010-2020
Industrial robots: new installations worldwide by industry 2020
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Industrial robots - estimated operational stock in Europe 2020
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Operational stock of industrial robots in Japan 2015-2020
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PPI for industrial robots in South Korea 2010-2021

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