“China has overtaken Germany in the use of robots in industry, highlighting the challenges facing Europe’s largest economy.”, — write: www.epravda.com.ua
China has overtaken Germany in the use of robots in industry, highlighting the challenges facing Europe’s largest economy.
About this informs Reuters with reference to a report by the International Federation of Robotics (IFR).
In terms of robot density, an important indicator for international comparisons of manufacturing automation, South Korea leads the world with 1,012 robots per 10,000 workers, up 5% from 2018.
Singapore is next, followed by China with 470 jobs per 10,000 workers – more than double the number in 2019.
This compares to 429 jobs per 10,000 workers in Germany, which has seen annual growth of 5% since 2018.
Germany has reportedly relied heavily on its industrial base and exports for growth in the past, but now faces increasingly tough competition from countries such as China.
Germany is expected to contract for the second consecutive year in 2024, making it the worst performer among the G7 rich democracies.
We will remind:
German exports and industrial production fell down more than expected in September, indicating weakness in two pillars of the German economic model at the start of the fourth quarter.
China urges local automakers to stop major investments in European countries that support additional tariffs on Chinese-made electric cars.