Automation and robotics: Which stocks could benefit

Use of a robot at Siemens

Automation and robotics are penetrating more and more industries.

(Photo: Bloomberg/Getty Images)

Cologne When the IFR Association publishes the World Robotics Report in October, record numbers can be expected. According to preliminary figures, global sales of industrial robots jumped by 27 percent to 486,800 units last year. The association speaks of a post-pandemic boom across all industries. Because of problems in the supply chain, companies would bring their manufacturing home and modernize it. The lack of personnel in many industrialized countries is also a driver.

The analysts at Deutsche Bank agree: “A shrinking pool of skilled workers combined with rising wages could bring the issue of automation and robotics into focus – with corresponding potential for the developers and manufacturers of the required technologies and machines.”

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