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Robots Enabling 'Manufacturing Anywhere'
A higher level of robotization in factories means being less dependent on labor market fluctuations (whether the cost of labor or access to labor is a challenge). For that reason, the past several years have seen a trend toward reshoring manufacturing activities that were previously outsourced to lower labor cost regions. In addition, as robotic technologies mature, machines become easier to deploy and maintain, but also more agile and flexible, allowing a higher level of customization of goods produced. In fact, the need for large production facilities driven by economy of scale is being replaced by the need to produce as close as possible to the point of consumption: "Manufacturing anywhere" is becoming the norm.