Falling Price of Robots, Increasing Labor Costs to Boost Manufacturers' Shift toward Lights-Out Setting: F&S

Frost & Sullivan's recent analysis on lights-out manufacturing finds that the rapidly falling price of robots and continually increasing labor costs will accelerate manufacturers' shift toward a lights-out setting.

July 27, 2021. By News Bureau

Frost & Sullivan's recent analysis on lights-out manufacturing finds that the rapidly falling price of robots and continually increasing labor costs will accelerate manufacturers' shift toward a lights-out setting. The manufacturing process is fully automated in a lights-out environment, with minimal human intervention required to run day-to-day operations.

Companies have an opportunity to optimize their human capital and potentially save up to 20% of labor costs and generate a 30% increase in productivity output by switching to a lights-out operations model. In addition, they can achieve their sustainability and zero-carbon emission goals by saving energy during production hours. Automotive, general manufacturing, electronics and electrical components, and logistics and warehousing are four major industries expected to make rapid advancements toward a fully automated lights-out environment in the short term.

"Globally, the COVID-19 outbreak has further expedited the shift to automated lights-out manufacturing processes. This enables companies to expand their production capacity beyond traditional shift hours and take on additional work orders to ramp up productivity to pre-COVID-19 levels," said Vinay Venkatesan, Program Manager, TechVision at Frost & Sullivan. "Artificial intelligence (AI) will be the most critical tool enabling the lights-out toolkit. It will fuel several key technologies such as robotics, cybersecurity, digital twins, generative design, cloud computing, 5G, and 3D printing, all of which will play a key role in achieving lights-out operations."

Venkatesan added: "Additionally, the manufacturing industry will increasingly rely upon an ecosystem of technology experts, system integrators, and service enablers to achieve agility and customization. In fact, more than 45% of manufacturing applications are expected to implement robotics-as-a-service (RaaS) by 2030."

Transformative Mega Trends Enabling Lights-Out Manufacturing is the latest addition to Frost & Sullivan's TechVision research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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