China is leading the world in industrial robots or programmable machines that are pioneering fast and cost-effective manufacturing. China currently holds over 50% of the world market share in industrial robots capable of assembly, production line handling, service tasks, machine feeding, palletizing, packaging, and more. Automation is fueling Chinese manufacturing in every sector from automotives to electronics. The advancement of AI will soon provide China with a cutting-edge ability to usher in a new era of humanoid robots that will become a portion of the future workforce. China installed around 290,000 new industrial robots in 2024, nearly twice as many as the European Union, the United States, and Japan combined. Around 86,000 industrial robots went onto the market across the EU last year, while Japan implemented 43,000 and the US around 34,000. The market share of industrial robots was expected to surpass 2.1 million in 2024, valued at around $9.4 billion USD. https://teamstage.io/jobs-lost-to-automation-statistics/
