Short answer
Focus on the economic benefits and cost-effectiveness when proposing or implementing automation and robotics solutions in manufacturing.
- Field
- Innovation & Markets
- Source
- Journal of Technology Management and Business (2023)
- Method
- Scenario Planning and PESTLE Analysis (STEEPV)
- Sample
- 50 participants
- Evidence
- Strong effect
Economic considerations are the primary driver for the adoption of automation and robotics in the manufacturing sector. This innovation & markets research insight is drawn from a 2023 study published in Journal of Technology Management and Business. Using Scenario planning and pestle analysis (steepv) with 50 participants, researchers explored how this design variable affects real-world outcomes. The key design takeaway: Focus on the economic benefits and cost-effectiveness when proposing or implementing automation and robotics solutions in manufacturing.
Economic Factors Drive Automation Adoption in Manufacturing
Economic considerations are the primary driver for the adoption of automation and robotics in the manufacturing sector.
Journal of Technology Management and Business · 2023
Key Findings
- 01The economic sector exerts the greatest influence on the implementation of full automation and robots.
- 02Four future scenarios for automation and robotics implementation over the next 10-15 years were identified: 'the dawn of smart manufacturing', 'inefficacious industry', 'ebb and flow', and 'obstreperous technological development'.
Application
Design takeaway
Focus on the economic benefits and cost-effectiveness when proposing or implementing automation and robotics solutions in manufacturing.
How to apply
When developing proposals for automation projects, clearly articulate the economic advantages, such as cost reduction, increased output, and improved profitability, to stakeholders.
Project actions
- 01When researching automation, always look at the costs and potential savings.
- 02Consider how economic trends might affect the success of a new automated system.
Method & Evidence
Variables
Strengths & Limitations
Strengths
- +Utilizes a recognized framework (STEEPV) for analyzing influencing factors.
- +Proposes concrete future scenarios to aid strategic planning.
Limitations
This study focused on a specific country, so the economic factors might be different elsewhere.
Reliability & validity
The use of a questionnaire with a defined sample size contributes to reliability, while the STEEPV analysis provides a structured approach to validity in assessing influencing factors.
Think critically
How might non-economic factors, such as social acceptance or environmental regulations, eventually outweigh economic considerations in driving automation adoption?
Design Principles
"Economic feasibility is a primary determinant of technology adoption in industrial settings."
Understanding the dominant economic influences is crucial for businesses and policymakers aiming to strategically implement automation. This insight helps in prioritizing investments and developing supportive frameworks that align with market realities and financial incentives.
What This Means for Your Design
Money matters most when factories decide to use robots and automation.
How to use in your project
- 1.Use this research to support your justification for choosing a particular technology based on its economic benefits.
Add to My Project
Quick Cite
Paragraph starter
Research indicates that economic factors are the most significant influence on the adoption of automation and robotics within the manufacturing industry. This suggests that any design project involving new technologies should strongly emphasize cost-effectiveness, return on investment, and overall economic benefits to gain traction and stakeholder approval.
Source
Journal of Technology Management and Business
The Future Scenarios of Automation and Robot Implementation in the Manufacturing Industry
journal · 2023
View sourceQuestions About This Research
- What does the research say about economic factors drive automation adoption in manufacturing?
- Focus on the economic benefits and cost-effectiveness when proposing or implementing automation and robotics solutions in manufacturing. Evidence: Journal of Technology Management and Business (2023).
- Why does "Economic Factors Drive Automation Adoption in Manufacturing" matter for design?
- Understanding the dominant economic influences is crucial for businesses and policymakers aiming to strategically implement automation. This insight helps in prioritizing investments and developing supportive frameworks that align with market realities and financial incentives.
- How can designers apply this research?
- Focus on the economic benefits and cost-effectiveness when proposing or implementing automation and robotics solutions in manufacturing.
- What were the main findings?
- The economic sector exerts the greatest influence on the implementation of full automation and robots.. Four future scenarios for automation and robotics implementation over the next 10-15 years were identified: 'the dawn of smart manufacturing', 'inefficacious industry', 'ebb and flow', and 'obstreperous technological development'.
- What research method was used?
- Scenario Planning and PESTLE Analysis (STEEPV) with 50 participants.
- How strong is the evidence?
- Evidence strength is rated Strong effect, based on a 2023 journal from Journal of Technology Management and Business.
- What should I do differently in my next project?
- When developing proposals for automation projects, clearly articulate the economic advantages, such as cost reduction, increased output, and improved profitability, to stakeholders.
- What are the limitations?
- The study is specific to the Malaysian manufacturing context and may not be directly generalizable to other regions or industries without further research.