• Home
  • Insights
  • RGF Asian Intelligence

What’s charging up the industrial automation sector?

Home › Insights › What’s charging up the industrial automation sector?
Posted On 2020-01-15

The amazing pace of advancements in innovative technology has propelled us into the fourth industrial revolution, also referred to as Industry 4.0, by significantly improving production/manufacturing processes through the use of smart and autonomous systems. Advanced manufacturing is all about integrating intelligent production and effective organisation for efficient production and enhanced competitiveness.

This phenomenon, along with the growth of emerging economies, particularly in the APAC region, has in turn transformed the industrial automation sector and brought about shifts in the corresponding talent market.

IMPACT ON INDUSTRIES

As the middle class in emerging economies flourish, their cost of living and wages rise.  As a consequence, the cost of labour has risen too, leading to more and more industries seeking to raise productivity and lower labour costs through the automation of production/manfacturing processes.

This has spurred investments in the industrial automation sector due to the growing demand for multi-joint robots, which are increasingly being tailored to suit a wider variety of functions and fields. Research by The International Federation of Robotics found that the global industrial robots market increased over 20% YoY in 2017, reaching over US$16 billion.

IMPACT ON HIRING TRENDS

The impact of these changing economic and industrial trends on the talent market is outlined as such by Yoshihira Terashima, Principal Consultant, Industrial and Manufacturing, RGF Executive Search Japan: “Technology advancement drives market disruptions – from ‘industrial to industrial’ to ‘technology to industrial’. This in turn affects the demand for talent in the robotics market in Japan and Asia, which is especially evident as mechanical and electronic engineering roles experience a slowdown.”

Mr Terashima also revealed which talents are most sought after to ride the Industry 4.0 wave. Share his insights and glean other relevant information on the industrial automation sector from the RGF Asian Intelligence “Industrial Outlook” report.

Download our full report here. 

 

TAGS: Industry Insights News
All
  • Awards
  • Employer Branding
  • Executive Search Expertise
  • Hiring
  • Industry Insights
  • Insights
  • Market Report
  • News
  • Press Releases
  • Talent Management
Face

Our RGF Asian Intelligence series brings you the latest HR and business trends.

Download Now 

Read Also

How to Create a Robust Virtual Onboarding Program

As much of the world adapts to working remotely, it is important for businesses to adapt to this ...

2020 RGF Salary Trends and Hot Jobs across Asia

With key insights and data, our RGF Salary Watch reports provides valuable information such as em...

Es 0705

Getting prepared to conduct interviews, online

Online interviews are slowly becoming a standard part of hiring practices across the world, and o...

Web Ph

RGF Salary Watch 2020: Philippines

The Philippines Digital Transformation Strategy 2022 has laid out how information technology and ...

Web Idn

RGF Salary Watch 2020: Indonesia

As a nation with a young population, the Indonesian government has been stepping up to accelerate...

Web Jpn

RGF Salary Watch 2020: Japan

With 5G services beginning to be rolled out across Japan, it is expected that the higher speed an...

Key Contents
Our Brands
RGF Executive Search RGF Professional Recruitment RGF HR Agent
© RGF Executive Search Indonesia All Rights Reserved

Share

Link copied to your clipboard.
https://www.indonesia.rgf-executive.com/insights/what-s-charging-up-the-industrial-automation-sector-6fd97496-7a8f-4db6-9c55-edc8819c93e2
Copy