Today’s manufacturers are faced with unprecedented challenges to stay competitive, productive, and profitable in an increasingly crowded and fast-changing marketplace. The pressure of these demands is only increasing in today’s challenging and evolving labor market. As baby boomers age out of the workforce, younger tech-savvy millennials and Gen Zers are taking over with less interest in the manual labor positions their predecessors once held. How can manufacturers continue to succeed in this environment?
To continue growing, businesses are reevaluating their processes and learning the strategic advantages afforded to them by automated solutions, from machine vision and robotics to artificial intelligence and deep learning. As more manufacturers implement automated solutions, technologies such as machine vision and robotics are gaining traction. Interact Analysis reports the machine vision market will see a compound annual growth rate (CAGR) of 6.4% through 2028, while the industrial robotics market will expand 3.7% per year during the same period.
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