Technology & Media
The global robotics market size reached US$ 46.0 Billion in 2023. As per the analysis by IMARC Group, the top robotics companies are offering advanced automation solutions to manufacturing facilities for increased efficiency, precision, and quality control. In addition, with the advent of advanced technologies, such as artificial intelligence (AI), machine learning, and computer vision, the manufacturing industry is inclining toward automation, significantly supporting the market. Along with this, the widespread adoption of robotics to aid doctors and nurses with patient care, and surgical procedures is positively influencing the top robotics companies. This is encouraging companies to develop medical devices, such as robotic surgery systems, exoskeletons, and prosthetics, which offer improved accuracy and precision are driving the market. In addition, top robotics companies are providing solutions in the logistics industry due to the rising popularity of robotics to automate the movement of goods, reduce errors, and improve efficiency, which is acting as another growth-inducing factor. Apart from this, several key players are also offering automated solutions for planting, harvesting, and monitoring crops in the agriculture sector which increase efficiency, reduce costs, and improve crop yields, which is contributing to the market. Some of the other factors driving the market include rapid industrialization, extensive utilization of robotics across the construction sector, continual product innovations and extensive research and development (R&D) activities conducted by key players. On account of these factors, the market is expected to reach US$ 169.8 Billion by 2032, exhibiting a growth rate (CAGR) of 15.1% during 2024-2032.
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The global robotics market has several major players including ABB Ltd., Blue Ocean Robotics, Denso Corporation, FANUC America Corporation (Fanuc Corporation), Honeywell International Inc., Kawasaki Heavy Industries Ltd., KUKA Aktiengesellschaft (Midea Group), Mitsubishi Electric Corporation, Nachi Robotic Systems Inc. (Nachi-Fujikoshi Corp.), Omron Corporation, Panasonic Holdings Corporation, Seiko Epson Corporation, Staubli International AG, and Yaskawa Electric Corporation. More information about these companies has been provided below.
Establishment: |
1988 |
Headquarters: |
Zürich, Switzerland |
Website: |
https://global.abb/group/en |
ABB Ltd. is a leading Swiss multinational corporation that operates in the robotics industry. The company has established itself as a pioneer in robotics technology and has developed a broad range of products and services in the field of industrial automation. Its robotics division offers a wide range of products and solutions for various industries, including automotive, electronics, food and beverage, and pharmaceuticals. One of its flagship products is its line of industrial robots. These robots are designed to perform a wide range of tasks, including welding, painting, material handling, and assembly. Additionally, its robots are known for their accuracy, speed, and reliability, and they are widely used in factories and manufacturing plants around the world. It has also developed a range of collaborative robots, or cobots, that are designed to work alongside human operators in a safe and efficient manner. These cobots are equipped with sensors and other advanced features that allow them to detect and respond to human movements, ensuring that they do not cause injury or damage to the surrounding environment.
Establishment: |
2013 |
Headquarters: |
Odense, Denmark |
Website: |
http://www.blue-ocean-robotics.com |
Blue Ocean Robotics is a Danish robotics company that specializes in the development and commercialization of service robots. The company's mission is to create innovative and user-friendly robotics solutions that can improve the quality of life, productivity, and safety for individuals, businesses, and communities. It has developed a range of service robots for various industries, including healthcare, hospitality, cleaning, and agriculture. These robots are designed to perform a variety of tasks, such as cleaning, disinfection, medication delivery, patient lifting and transfer, and crop monitoring. The company's flagship product is the UVD Robot, which uses ultraviolet-C light to disinfect and kill viruses and bacteria in hospitals and other environments. With a strong focus on research and development, the company is well-positioned to continue leading the way in the field of robotics and automation.
Establishment: |
1947 |
Headquarters: |
Aichi, Japan |
Website: |
https://www.denso.com/us-ca/en/ |
Denso Corporation is a global automotive components and robotics manufacturer that has grown into one of the leading suppliers of advanced automotive technology, including powertrain control systems, electronic systems, thermal systems, and safety systems. In addition to its automotive business, it has also been making significant strides in the field of robotics. It has been a pioneer in the development of industrial robots for over five decades. Today, it is one of the largest suppliers of advanced robotics systems in the world, with a wide range of robotic solutions that are used in industries such as manufacturing, logistics, and healthcare. It offers a range of other advanced robotic solutions, including SCARA robots, which are used in applications such as material handling and assembly, as well as six-axis articulated robots, which are ideal for applications such as painting, welding, and inspection.
Establishment: |
1982 |
Headquarters: |
Yamanashi, Japan |
Website: |
https://www.fanucamerica.com |
FANUC America Corporation, also known as Fanuc Corporation, is a subsidiary of the Japanese automation company FANUC Corporation. It is one of the leading companies in the field of factory automation, and its products are used in industries such as automotive, aerospace, electronics, food and beverage, and pharmaceuticals. It operates multiple facilities across the United States, including manufacturing and engineering centers, training centers, and customer support centers. Its products and solutions are designed to optimize production efficiency and reduce production costs for its customers. The company's portfolio of products includes industrial robots, CNC systems, and a wide range of factory automation solutions. Its robots are used for a variety of applications, including welding, painting, assembly, and material handling. The company's CNC systems are used in manufacturing processes, such as milling, turning, and grinding.
Establishment: |
1906 |
Headquarters: |
North Carolina, United States |
Website: |
http://www.honeywell.com |
Honeywell International Inc. is a multinational conglomerate that operates in a wide range of industries, including aerospace, building technologies, and performance materials. In recent years, it has also been making significant strides in the field of robotics. Robotics is the division responsible for developing and commercializing robotics technology within the company. Its focus is on developing solutions that enable automation, enhance productivity, and improve safety across various industries. Its robotics has a strong portfolio of products, including industrial robots, autonomous mobile robots, and automated guided vehicles. One of its most significant strengths in the robotics industry is its expertise in software development. The company has developed proprietary software platforms that enable its robots to perform a wide range of tasks.
Establishment: |
1896 |
Headquarters: |
Tokyo, Japan |
Website: |
https://global.kawasaki.com |
Kawasaki Heavy Industries, Ltd. (KHI) is a multinational corporation that operates in various industries, including aerospace, defense, energy, and industrial equipment. Its robots are used in various industries, such as automotive, electronics, food and beverage, pharmaceuticals, and more. Its robots are known for their high-speed, precision, and reliability, which makes them ideal for manufacturing applications that require repeatable and consistent quality. In addition to industrial robots, its robotics also offers advanced robot controllers, which allow for easy programming and integration of their robots into manufacturing systems. Their controllers use a Windows-based programming language, which is intuitive and user-friendly. The company also provides comprehensive customer support, including training, installation, and maintenance services.
Establishment: |
1898 |
Headquarters: |
Augsburg, Germany |
Website: |
http://www.kuka.com |
KUKA Aktiengesellschaft is a German company that specializes in the development and production of industrial robots, automation systems, and other advanced manufacturing technologies. It has a long history of innovation and technological excellence and is one of the world's leading suppliers of robotics and automation systems. The company's products are used in a wide range of industries, including automotive, aerospace, electronics, and healthcare, among others. The company has invested heavily in research and development and has introduced a range of new products and technologies in recent years. It focuses on developing new technologies and applications for its products and is staffed by some of the world's leading experts in robotics and automation. In addition to its focus on innovation, it is also committed to sustainability and corporate responsibility.
Establishment: |
1921 |
Headquarters: |
Tokyo, Japan |
Website: |
http://www.mitsubishielectric.com/ |
Mitsubishi Electric Corporation is a global leader in the field of robotics and automation. It a leading provider of innovative technology solutions for a variety of industries, including automotive, aerospace, food and beverage, and more. Its robotics has developed an impressive range of industrial robots that are used in factories around the world. The company's robots are designed to be versatile, efficient, and safe, and they can perform a wide range of tasks, from welding and painting to assembly and packaging. It has also developed a range of collaborative robots, or cobots, which are designed to work alongside human workers in factories and other industrial settings. These robots are equipped with advanced sensors and software that allow them to detect and respond to human presence, making them safe and easy to work with. In addition to its industrial robots, it is also developing a range of service robots for use in healthcare, hospitality, and other industries. These robots are designed to assist humans in a variety of tasks, from cleaning and maintenance to patient care and assistance.
Establishment: |
1989 |
Headquarters: |
Michigan, United States |
Website: |
http://www.nachirobotics.com |
Nachi Robotic Systems Inc. is a subsidiary of Nachi-Fujikoshi Corp., a global company that specializes in manufacturing industrial robots, machine tools, and bearings. It has a long history of innovation and engineering excellence and is recognized as a leader in the development of high-performance products for a wide range of industries. It offers a wide range of robotic solutions for various applications, including arc welding, material handling, painting, and assembly. The company's robots are known for their precision, speed, and reliability, and are designed to help customers optimize their production processes and increase productivity. In addition to its range of industrial robots, Nachi Robotic Systems also provides a wide range of services to help customers optimize their production processes. These services include system design, installation, programming, and training.
Establishment: |
1933 |
Headquarters: |
Kyoto, Japan |
Website: |
https://www.omron.com/ |
Omron Corporation is a leading Japanese technology company that specializes in robotics, automation, and sensing technology. It has a long-standing reputation for producing high-quality electronic products that are used across a wide range of industries. In the robotics industry, it is known for its innovative products that are designed to help companies automate their manufacturing processes. The company's robotics offerings include a variety of different products, including collaborative robots (cobots), mobile robots, and industrial robots. Its collaborative robots are designed to work alongside human workers, making them ideal for use in settings where automation needs to be integrated into existing workflows. These cobots are designed to be easy to program and operate, and they feature advanced safety features that ensure they can operate safely in close proximity to humans. Moreover, its industrial robots are designed for use in heavy-duty manufacturing settings, where they are used to perform tasks such as welding, assembly, and material handling.
Establishment: |
1918 |
Headquarters: |
Osaka, Japan |
Website: |
https://holdings.panasonic/global/ |
Panasonic Holdings Corporation is a leading Japanese multinational electronics company that has expanded its business portfolio to various industries such as consumer electronics, home appliances, automotive, industrial systems, and robotics. In recent years, it has been focusing on developing advanced robotics technology to cater to the growing demand in various industries. It has been involved in the robotics industry for several years and has been continuously developing innovative robots and automation solutions for various industries. The company's robotics division offers a wide range of robots, including humanoid robots, medical robots, service robots, and industrial robots. It has been working closely with its customers to develop customized solutions that meet their specific needs, and it has also been collaborating with other companies and research institutions to advance the field of robotics. In addition to its robotics technology, it has also been developing various other technologies that can be integrated with robotics systems.
Establishment: |
1943 |
Headquarters: |
Nagano, Japan |
Website: |
https://global.epson.com/ |
Seiko Epson Corporation, commonly known as Epson, is a Japanese company that has been a leading player in the electronics industry for decades. The company is known for manufacturing high-quality printers, projectors, and imaging equipment. Its entry into the robotics industry was motivated by the company's desire to apply its expertise in precision engineering and motion control to the development of robots. The company's robotic products are designed to meet the needs of manufacturing, logistics, and service industries, as well as assistive applications for healthcare and education. Additionally, its robotic offerings are divided into two main categories: SCARA robots and autonomous mobile robots (AMRs). Its robotic products have gained recognition in the industry for their high quality, reliability, and ease of use. The company's robots are designed to be user-friendly, with intuitive interfaces that make programming and operation simple and efficient.
Establishment: |
1892 |
Headquarters: |
Pfäffikon, Switzerland |
Website: |
https://www.staubli.com |
Staubli International AG is a Swiss-based multinational company that specializes in the manufacturing and development of innovative robotic solutions and mechatronic systems. The company has a diverse product range that caters to various industries, including automotive, electronics, medical, and aerospace. Its product portfolio includes six main categories: connectors, robotics, textile machinery, fluid connectors, electrical connectors, and tool changers. The company's product offerings are designed to help customers optimize their processes and achieve greater productivity, reliability, and efficiency. Its robotics division is a major contributor to the company's success. The company offers a wide range of robots that are designed to perform tasks such as material handling, assembly, and painting. These robots are known for their high precision, speed, and reliability, making them an ideal choice for demanding industrial applications.
Establishment: |
1915 |
Headquarters: |
Fukuoka, Japan |
Website: |
http://www.yaskawa-global.com/ |
Yaskawa Electric Corporation is a Japanese multinational company that specializes in the development, manufacturing, and sales of a wide range of motion control products and systems. It is one of the world's largest manufacturers of industrial robots, servo motors, and motion control systems. The company's product portfolio includes AC drives, motion controllers, industrial robots, rotary and linear servomotors, machine controllers, and more. Its products are widely used in various industries such as automotive, food and beverage, packaging, metalworking, and more. It has a strong focus on research and development, with numerous research centers and development facilities located around the world. The company's investments in R&D have led to the development of advanced technologies such as variable frequency drive (VFD) and sigma-7 servo drives that offer high efficiency and accuracy in motion control systems. It is committed to sustainability and has implemented numerous initiatives to reduce its environmental footprint.
About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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