Source: https://www.statista.com/chart/15475/a-robot-may-take-your-job-sooner-than-you-think/

13 robotics companies impacting the worldwide job market

By futureTEKnow | Editorial Team

In recent years, the rapid advancement of robotics technology has sparked both excitement and concern across the global workforce. From factory floors to office spaces, robots are increasingly becoming a part of our daily work lives. This shift is not just changing how we work, but also who—or what—does the work.

The great influence of robotics companies on the job market has never been more pronounced. These companies are developing machines that can perform tasks once thought to be uniquely human, raising important questions about the future of employment. Will robots take our jobs, or will they create new opportunities?

Understanding the Impact of Robotics on Employment

Job displacement statistics

The rise of robotics and automation is reshaping the global job market, with significant implications for employment. Recent statistics reveal that job displacement due to automation is already underway and accelerating. For instance, since 2000, 1.7 million manufacturing jobs have been lost globally, with robots replacing an average of 1.6 workers per machine in this sector alone.

By 2030, it is estimated that up to 20 million manufacturing jobs—equivalent to 8.5% of the global manufacturing workforce—could be displaced by robots.

The impact extends beyond manufacturing. A 2024 Gallup poll found that nearly 25% of workers fear their jobs could become obsolete due to AI and robotics, a significant increase from 15% in 2021. Younger workers, particularly those aged 18-24, are disproportionately concerned, as many hold roles that are highly susceptible to automation, such as retail or food service positions.

New job creation in robotics and related fields

While robotics and automation have displaced certain jobs, they are also driving the creation of entirely new roles across industries. The global robotics industry, projected to grow to $95.93 billion by 2029, is fueling demand for skilled professionals such as robotics engineers, software developers, and maintenance technicians. In fact, the unemployment rate for robotics engineers is remarkably low at just 2.3%, reflecting the growing need for expertise in designing and deploying robotic systems.

Beyond engineering, automation is creating opportunities in fields like data science, artificial intelligence (AI), and machine learning. These roles are critical for ensuring that robots operate efficiently and adapt to complex tasks. For example, jobs in AI training and robotic system optimization have seen steady growth as companies integrate advanced technologies into their operations.

The World Economic Forum estimates that automation could generate 69 million new jobs globally by 2027, including positions that didn’t exist a decade ago, such as robot fleet managers and AI ethicists. While automation may replace repetitive tasks, it simultaneously creates opportunities for workers to upskill and transition into higher-value roles that leverage human creativity and problem-solving abilities.

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Economic Implications of Robotics Adoption

Wage impacts across industries

The integration of robotics into various industries is having a profound impact on wage structures, leading to significant disparities across different sectors. Research indicates that as robots become more prevalent, wages for lower-skilled jobs are stagnating or even declining. For instance, in manufacturing, the introduction of robots has been linked to a 0.42% reduction in wages for every additional robot per thousand workers, particularly affecting those in routine and manual positions.

This trend is exacerbating wage polarization, where high-skilled workers in technology and engineering fields see their salaries rise—often exceeding $100,000 annually—while middle and lower-skilled workers face diminishing returns.

The impact of automation is not uniform; it varies greatly depending on the occupation and region. In areas heavily reliant on manufacturing, such as the Midwest, young and less-educated workers are experiencing the most significant wage declines. Conversely, sectors that embrace robotics for innovation, like healthcare and logistics, are seeing more favorable wage growth as new roles emerge that require advanced skills. This divergence highlights a growing divide in the labor market: while some workers benefit from the efficiencies brought by robotics, others are left behind, facing reduced job security and stagnant wages. 

Productivity gains vs. job losses

The relationship between productivity gains and job losses due to robotics is a complex balancing act that varies across industries and regions. On one hand, robots have significantly boosted productivity, with studies showing that their adoption in manufacturing has increased labor productivity by 0.36% annually in the U.S. and GDP growth by 0.37% per year between 1993 and 2007.

Similarly, in Germany, the use of industrial robots contributed to a 0.5% per capita GDP increase over a decade. These gains are driven by automation’s ability to streamline operations, reduce costs, and enhance output, which can make businesses more competitive and lead to economic growth.

However, these productivity benefits often come at the cost of job displacement. For every robot added per 1,000 workers in the U.S., employment decreases by six workers in the same region, with low- and middle-income workers in manufacturing being the most affected. This “displacement effect” is particularly pronounced in areas like the Rust Belt, where automation has replaced many routine jobs, forcing displaced workers to compete for lower-wage roles in other sectors.

Despite these challenges, increased productivity can also create new jobs indirectly by lowering production costs and boosting demand for goods and services. For example, firms that adopt robotics often expand their operations or invest in complementary roles such as robot maintenance and AI development.

Preparing for a Robot-Integrated Workforce

Skills needed in the age of automation

As automation continues to transform industries, the skills needed to thrive in the workforce are evolving rapidly. Proficiency in technical skills is becoming increasingly critical, with roles in data analysis, programming, and machine learning seeing heightened demand. For instance, knowledge of coding languages like Python or expertise in AI and robotics systems can open doors to high-paying jobs in automation-related fields.

According to recent studies, 75% of employers now prioritize candidates with technical know-how in automation technologies when hiring for future-focused roles.

However, technical expertise alone is not enough. Soft skills such as critical thinking, adaptability, creativity, and emotional intelligence are equally vital. Machines may excel at repetitive tasks, but they lack the ability to think strategically or navigate complex interpersonal dynamics. For example, problem-solving and collaboration are essential for managing teams and integrating automated systems effectively.

In fact, a 2024 report emphasizes that workers who combine technical proficiency with strong communication and leadership skills are far more likely to succeed in an automation-driven workplace.

the concept of lifelong learning has become indispensable. With technology advancing at breakneck speed, employees must embrace continuous upskilling to stay competitive. This includes mastering emerging tools and adapting to new workflows. A Zapier study revealed that 90% of knowledge workers believe automation has improved their work lives by allowing them to focus on strategic initiatives, underscoring the importance of staying ahead of technological trends.

Retraining and education initiatives

Retraining and education initiatives are becoming essential as automation reshapes the global job market, displacing traditional roles while creating opportunities in new fields. Companies and governments are increasingly investing in programs to equip workers with the skills needed to thrive in this evolving landscape.

For example, Singapore’s SkillsFuture Initiative subsidizes work-related courses across 23 industries, enabling workers to transition into emerging roles such as AI specialists or green energy technicians. Similarly, Brazil’s Skills Accelerator program has enrolled over 2.2 million individuals in technical training courses, showcasing the potential of large-scale retraining efforts to future-proof careers.

Corporate-led initiatives are also gaining momentum. AT&T, for instance, has successfully retrained its workforce to adapt to new technologies, reducing product development cycles by 40% and boosting revenue by 32%. Many companies are adopting tailored approaches, such as role-specific learning plans that address skill gaps through targeted coursework.

On a global scale, the World Economic Forum’s Reskilling Revolution aims to prepare 1 billion people for the future of work by 2030. This initiative emphasizes digital skills like programming and AI while also fostering leadership and adaptability—key traits for navigating automation-driven changes. By combining government policies, corporate training programs, and accessible education platforms, retraining initiatives are empowering workers to transition into high-demand roles and ensuring a smoother workforce transformation in the age of automation.

13 Robotics Companies Impacting the Worldwide Job Market

ABB Robotics

ABB Robotics is a company that provides innovative solutions for robotics, AMRs, and machine automation solutions.

FANUC

FANUC specializes in the development, production, distribution, and servicing of robots, lasers, and industrial automation systems.

KUKA

KUKA is a company that develops and manufactures industrial robots and advanced automation systems for various industries.

Leju Robotics

Leju Robotics is a company specializing in the development of advanced humanoid robots primarily aimed at education.

Boston Dynamics

Boston Dynamics builds advanced mobile manipulation robots, pushing the boundaries of innovation creating intelligent and agile machines.

Universal Robots

Universal Robots produces compact, flexible industrial collaborative robot arms known as cobots.

Vecna Robotics

Vecna Robotics is a company developing autonomous mobile robots and software solutions for industrial applications.

Agility Robotics

Agility Robotics is one of the world's leading robotics companies, building robots for good and helping businesses and people thrive.

AMP Robotics

AMP Robotics is reimagining and actively modernizing the world’s recycling infrastructure by applying AI and robotics to the supply chain.

ANYbotics

ANYbotics provides autonomous legged robots for industrial applications providing high availability and reliability in routine inspections.

Locus Robotics

Locus Robotics designs and builds autonomous mobile robots to work in fast-paced logistics and fulfillment industries.

BXI Robotics

BXI Robotics is a technology company that specializes in developing bipedal intelligent robots for research and development purposes.

UBTech Robotics

UBTech Robotics is a company that creates and provides humanoid robots and smart robotic products and solutions powered by AI.

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Final Remarks

The rise of robotics is undeniably transforming the global job market, bringing both challenges and opportunities. While automation has led to job displacement in certain sectors, it has also created new roles, increased productivity, and pushed industries toward innovation. The key to navigating this shift lies in preparation—embracing lifelong learning, acquiring in-demand skills, and leveraging retraining programs to stay relevant in an evolving workforce.

Rather than fearing robots as job-takers, we should view them as tools that can complement human efforts and unlock new possibilities. Industries are changing, but with the right mindset and support systems in place, workers can adapt and thrive in this new era. Governments, businesses, and individuals must work together to ensure that the benefits of robotics are shared across society, creating a future where technology enhances—not replaces—human potential.

The focus should not just be on what jobs are lost but on how we can prepare for the jobs of tomorrow. The future of work is already here—let’s embrace it with confidence.

futureTEKnow is the leading database for emerging technology companies. Discover the latest disruptors and innovators in the field.

futureTEKnow

Editorial Team

Founded in 2018, futureTEKnow is a global database dedicated to capturing the world’s most innovative companies utilizing emerging technologies across five key sectors: Artificial Intelligence (AI), immersive technologies (MR, AR, VR), blockchain, robotics, and the space industry. Initially launched as a social media platform to share technology news, futureTEKnow quickly evolved into a comprehensive resource hub, spotlighting the latest advancements and groundbreaking startups shaping the future of tech.

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