Industrial Robot Installations Hit Record Highs amid Labor Shortage Crisis
AINewsWire Editorial Coverage: Billions of dollars have poured into emerging AI robotics companies over the past two years, and the industry is now large enough to measure in hard numbers. Global installations of industrial robots reached 542,000 units in 2024, more than double the figure from a decade earlier, while the International Federation of Robotics (“IFR”) reports that the market value of those installations hit a record $16.7 billion. As that capital keeps flowing, investors and operators are starting to separate companies still validating their technology from those proving they can deploy it, get paid for it and repeat the…