Trump's trade war has led to a significant increase in the adoption of robotics and automation, as firms seek to mitigate the impact of tariffs on supply chains. Formic, a company offering robots-as-a-service, reported a 17% increase in robot usage among its clients early this year, particularly in the food and beverage sectors. This trend reflects companies' strategies to optimize production before potential cost increases due to tariffs. While there was a slight dip in March, usage has shown signs of rebounding in April as new tariffs were announced.
This data suggests everyone sat down with each other and said, let's step on the gas as much as we can in February, and let's make as much as we possibly can at the price points we are at right now.
Formic automates packing and palletizing for key sectors like automotive, food, and consumer goods, highlighting the growing reliance on robotics to navigate trade uncertainties.
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