The global industrial robotics market is projected to reach a staggering $174.3 billion by 2026, driven by the surging demand for automation and efficiency in various industries. Amid this burgeoning landscape, several manufacturers have emerged as industry leaders, shaping the future of robotics.
Rank | Company | Revenue (USD Billion) |
---|---|---|
1 | ABB | 13.6 |
2 | KUKA | 10.2 |
3 | FANUC | 8.5 |
4 | Yaskawa | 7.2 |
5 | Nachi-Fujikoshi | 6.5 |
Company | Market Share (%) |
---|---|
ABB | 18 |
KUKA | 14 |
FANUC | 12 |
Yaskawa | 10 |
Nachi-Fujikoshi | 9 |
ABB: In 2022, ABB secured a contract worth over $200 million to supply robots and automation systems for a new electric vehicle production line in the United States.
KUKA: KUKA recently partnered with a leading automotive supplier to develop and deploy robots for a new assembly line in Europe. This partnership is expected to generate over $150 million in revenue.
FANUC: FANUC's collaborative robots, designed for safe and efficient human-robot interaction, have gained widespread adoption in various industries, including healthcare and manufacturing. The company reports a 20% growth in collaborative robot sales in the past year.
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