Posted February 23rd, 2023 By SMN Posted in Articles

According to McKinsey & Company’s recent Global Industrial Robotics Survey, 25% of capital spending will go towards automated systems at many companies over the next five years – with retail and consumer goods set to be the biggest spender amongst the industrial sectors surveyed.

Despite this planned increase in expenditure, the survey found that companies are wary of the implementation challenges they face, with the capital cost of robots and their own lack of experience with automation projects identified as key obstacles.

Further findings from the survey can be found on McKinsey’s website here:

Unlocking the industrial potential of robotics and automation