Top 10 Industrial Robotics Companies

The industrial robots market is projected to grow from USD 16.89 billion in 2024 to USD 29.43 billion by 2029; it is expected to grow at a CAGR of 11.7% during the forecast period. The industrial robotics market will continue to grow with increasing adoption of collaborative robots across industries and rising deployment of Industry 4.0 technologies.

Some of the key players in the industrial robotics market are FANUC CORPORATION (Japan), ABB (Switzerland), Yaskawa Electric Corporation (Japan), KUKA AG (Germany), Mitsubishi Electric Corporation (Japan), Kawasaki Heavy Industries, Ltd., Denso Corporation (Japan), Nachi-Fujikoshi (Japan), Seiko Epson Corporation (Japan), and Dürr Group (Germany), among others. New product launches, partnerships, collaboration, and mergers & acquisitions are some of the major strategies adopted by top players to increase their product portfolios, market shares, and position in the market.

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Major Industrial Robotics companies include

• FANUC CORPORATION (Japan)
• ABB (Switzerland)
• Yaskawa Electric Corporation (Japan)
• KUKA AG (Germany)
• Mitsubishi Electric Corporation (Japan)
• Kawasaki Heavy Industries, Ltd., Denso Corporation (Japan)
• Nachi-Fujikoshi (Japan)
• Seiko Epson Corporation (Japan)
• Dürr Group (Germany)
• Denso Corporation (Japan),

The ABB company comprises four business divisions: Electrification, Motion, Process Automation, and Robotics & Discrete Automation, providing industrial robots and modular manufacturing systems. Its business segment Robotics & Discrete Automation has installed more than 300,000 ABB robots over the country, reaching into a different spectrum of industries like automotive, food & beverages, chemicals, and pharmaceuticals. ABB is employing currently around 10,9000 people across 100 countries, and its major customers are from the Automotive, electronics, and logistics sectors. Its product portfolio varies from traditional and collaborative industrial robots of articulated, parallel, or SCARA design to a payload capacity that ranges from 0.5 kg to 800 kg. Also available are some special-purpose robots such as painting robots and door-opening robots.

Yaskawa Electric Corporation operates in four main business segments: Motion Control, Robotics, System Engineering, and Others. The company's robotics segment provides industrial robots for various manufacturing applications, including material handling, welding, and painting. This segment is currently its second-largest business division. It includes arc welding robots, spot welding robots, painting robots, handling robots, and clean/vacuum robots for semiconductor and LCD manufacturing equipment. Yaskawa Electric Corporation offers traditional and collaborative industrial robots, such as articulated and parallel robots, with a payload capacity ranging from 0.5 to 900 kg. Additionally, the company has developed the i3-Mechatronics digital data solution for functions, such as data visualization, automatic robot task allocation, motion path generation, Al picking function, and centralized control of peripheral devices. Overall, its industrial robots are designed to improve productivity and quality at customers' production sites.

FANUC CORPORATION operates through four main business divisions, which include Factory Automation (FA), ROBOT, ROBOMACHINE and Service. The company sells more than 100 types of industrial robots under its ROBOT division, which are meant for assorted applications. Even though FANUC has built its reputation on the traditional industrial robots, it also supplies collaborative robots in various payloads. Its industrial robots serve applications that range from welding, material handling, and assembly to painting applications across automobile, electrical & electronics, logistics, food & beverage, cosmetics, and pharmaceuticals. Some of FANUC's traditional robots can carry payloads up to 2,300 kg. The company's most recent collaborative robots are part of the CRX series. FANUC has also developed the Intelligent Edge Link & Drive System or FIELD, an open platform that improves the productivity of the system, attains centralized management in handling industrial equipment and robots, and enhances efficiency in industry.

Related Reports:

Industrial Robotics Market by Robot (Articulated, SCARA, Cartesian, Parallel, Cylindrical, Collaborative), Payload (up to 16 kg, >16 to 60 kg, >60 to 225 kg, >225 kg), Offering (End Effectors, Controllers, Drive Units, Sensors) - Global Forecast to 2029

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