Industry 4.0 overview based on selected indicators: the case of Hungary
DOI:
https://doi.org/10.61357/sehs.v13i1.38Keywords:
Hungary, Economy, Industry 4.0Abstract
The concept of Industry 4.0 (Fourth Industrial Revolution) was for the first time presented in Germany as an industrial modernization program. Nowadays, the Industry 4.0 revolution is a highly discussed topic as industrial production is one of the most important economic sectors in the European Union. Due to the lack of skilled laborers in the EU countries, industrial transformation and digitalization seem to constitute necessary evolutionary steps. Current demographic trends and projections of the future workforce composition are showing warning signals. The aim of this article is to introduce the concept of Industry 4.0 (or I4.0) in Hungary– a member of the Visegrad Group and the EU – until 2030. The article will provide the basic statistics regarding I4.0. Based on the available data, the efficiency of the I4.0 policy pillars will be evaluated. Furthermore, possible solutions to problems regarding adopting I4.0 in the Hungarian environment will be listed.
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