Analysis of Drivers of Industry 5.0 Using MCDM Tool

Industry 5.0 is reshaping manufacturing landscape by blending human intelligence with cutting-edge technologies like artificial intelligence (AI), Internet of Things (IoT), and robotics. This change is particularly important since it emphasizes sustainability and innovation that help the environment and the business. This chapter focuses on the adoption of Industry 5.0 in manufacturing from a practical, statistically grounded standpoint. Drivers are ranked using the multi-criteria decision-making (MCDM) approach TOPSIS. The study emphasizes the increasing significance of circular economic concepts, efficient resource utilization, and sustainable manufacturing in the development of more responsible and environmentally friendly industrial processes. The study offers insights for industry executives and decision-makers seeking to build a resilient, future-ready manufacturing ecosystem by aligning technological advancements with ecological objectives.