Rise of the Machines. Silver Use Soars as Deficit Deepens.
Robots Transform Manufacturing, Automotive, Construction, Mining, and Heavy Industry Sectors. These Machines use Billions of Silver ounces.
by Jon Forrest Little
We will add 2,775,000,000 Ounces of Silver (2.8 billion ounces) to the spreadsheet we documented throughout this The Silver Star Academy Research project and explain why companies like Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) are essential for supplying critical energy minerals.
Rise of the Machines. Robots Transform Manufacturing
Timeline of Robotic Revolution: A Decade in Numbers
2010-2020: The Robotic Surge
Estimated millions of robots manufactured globally.
World Robotics Report 2020: A record 2.7 million industrial robots in operation worldwide.
Germany witnesses a 6% increase in installed robots, reaching 23,777 units in 2021.
Operational stock of robots globally hits 245,908 units in 2021.
2020: U.S. Robotic Onslaught
A record 310,700 industrial robots operate in U.S. factories.
The operational stock of robots triples in the past two decades.
Predictions suggest a staggering 20 million robots will replace jobs in the next 10 years.
Global Inference: The Robot Boom
Considering the growth trends, the past decade likely saw the manufacture of several million robots.
Global Robotics Powerhouses: Top 5 Manufacturing Countries
China: The Titan
Emerges as the world's largest market for industrial robots.
Experiences significant annual installations and rapid operational stock growth.
South Korea: The Density Champion
Achieves a remarkable robot density of 1,000 industrial robots per 10,000 employees in 2021.
Tops the world in robot density.
Singapore: The Automation Hub
Boasts a high robot density of 670 robots per 10,000 employees in 2021.
Positioned among the most automated countries globally.
Japan: The Robot Haven
A predominant robot manufacturing country.
High robot density of 364 robots per 10,000 employees.
Germany: Europe's Robotics Hub
Largest robot market in Europe.
Substantial operational stock and a robot density of 397 units per 10,000 employees.
Heavy Metal in Mining Machines
Heavy-Duty Robotics: Giants of Industry
Mining Titans
Komatsu 980E-4: High payload haul truck in mining operations.
Liebherr T 282C: Massive haul truck for heavy-duty mining applications.
Caterpillar 797F: Robust mining truck for heavy work in mining and construction.
P&H 4800XPC: Large electric mining shovel for heavy excavation.
Industrial Giants
ABB IRB 8700: Large industrial robot for heavy-duty applications.
FANUC M-2000 Series: Strongest 6-axis robot with a handling capacity of 2.3 tons.
KUKA KR 1000 Titan F Series: Boasts a payload capacity of 1,300 kilograms and a reach of 6.5 meters.
World's Largest Robots Doing the Heavy Lifting
FANUC M-2000 Series
Handling capacity: Up to 2.3 tons.
Reach: Up to 4.7 meters.
Designed for handling and palletizing heavy parts, ideal for automotive or metal industries.
KUKA KR 1000 Titan F Series
Payload capacity: 1,300 kilograms.
Reach: Up to 6.5 meters.
Utilized in moving automotive floor pans, car bodies, large household appliances, tractors, and more.
ABB IRB 8700
Known for heavy-duty applications in aerospace, oil and gas, and power generation.
Large reach capacity, suitable for assembly tasks on entire fuselage sections in the aerospace industry.
The last decade has witnessed an unprecedented rise in the global robotic landscape, with millions of robots deployed across industries. Countries like China, South Korea, Singapore, Japan, and Germany have emerged as manufacturing powerhouses, driving the robotic revolution. The heavy-duty robots showcased signify the scale and capabilities of modern robotics, transforming industries and reshaping the future of work.
Conclusion
There is an immediate need to invest in silver mining projects, and you will learn next week we have new reports on massive infrastructure and construction projects (Heavy Machinery) that use much more silver than these robots.
Disclaimer / Disclosure
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.
The Pickaxe & MineralWEALTH is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Pickaxe & MineralWEALTH and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Little does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Pickaxe & MineralWEALTH will not be held liable or responsible for any decisions you make regarding any information discussed herein.