In production plants across America, a “smart manufacturing” revolution is underway, representing a significant leap forward in automation not seen since the early Industrial Age. Guided by artificial intelligence (AI) and advanced sensors, mechanical arms swing into action, soldering, milling, drilling, testing and inspecting parts with futuristic dexterity, intelligence and autonomy. Meanwhile, in facility warehouses, drones and other automatons buzz and hum about, storing, retrieving, boxing and loading finished goods for shipping.
And this is just the beginning. Already, Tesla and other big-tech companies are busy developing humanlike ‘droids capable of even more common workplace tasks. Yes, the brave new world of robotics is no longer the future—it’s now, and it’s accelerating rapidly.
Comprising the backbone of a U.S. market sized at approximately $52.65 billion, specialty-equipment manufacturers aren’t sitting this…