NEW YORK, NY—As a wave of Baby Boomers reach retirement age during the next five years, collaborative robots will help manufacturers cope with the skills gap. According to ABI Research, demand for cobots will grow 28 percent annually between now and 2030.
“Companies that take a step back will view the demographic shifts as an opportunity to revamp processes and operations,” says Michael Larner, distinguished analyst at ABI Research. “It is not about technology filling former employees’ roles, but how technology augments people’s working lives.