After the internet boom, the industrial robot market is the next wave of technology that will disrupt the human race. The human-generated errors have pushed the demand for more effective solutions that offer more accuracy. All of this led to the broadening of the industrial robot manufacturers’ market. As the industrial robots can work 24/7 without any failure (low maintenance), it has put the industrial robot manufacturers on the center stage.
The tech paparazzi was looking for the most advanced version of robotics that can level up with the rising industrialization across the globe. Moreover, the diffusion of technology with existing frameworks has resulted in much better outcomes than before.
Even the trade gurus predicted that the industrial robot manufacturers will carve the new era of industrial age. It must be noticed that the cost of manufacturing and labor costs have also pushed the big league organizations to opt for advanced robots. They are highly reliable and can be used for years (with little maintenance) without any supervision.
Yet there is another thing that put the industrial robot manufacturers in the limelight. The market cap of the world’s fastest growing industry of industrial robot manufacturers, as per the investigation of Verified Market Research experts, was USD 50.23 billion in 2019. Also, the extensive research helped in unravelling the aim of the entire robotics industry – to go carbon neutral. This approach is going to be beneficial for not only the customers but also for the environment.
As the demand for industrial robots is increasing everyday across the globe, it is projected to reach USD 100.18 billion by 2027. This full scale growth can be termed as a CAGR of 9.72% from 2020 to 2027.
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Top 7 industrial robot manufacturers revolutionizing the automation sector
ABB
ABB is one of the oldest organizations that has been pushing the boundaries of innovation to meet the demand of the customers present across the globe. It is considered to be the most reliable brand among the industrial robot manufacturers. Also, its huge network offers many perks to the buyers as they get to enjoy many services after connecting with the brand.
Yaskawa
Yaskawa is one of the profitable organizations in the catalogue of industrial robot manufacturers. The organization has resurrected the idea of using robots in industries requiring high precision and continuous production.
Midea Group
Midea Group specializes in robotics and always aims to create value for its customers. This approach has helped the enterprise in making a goodwill image across the globe – a rare achievement accomplished by one of the top industrial robot manufacturers.
FANUC Corporation
FANUC Corporation has been steering the automation sector for more than seven decades now. Its area of expertise is robotics. With the rising demand of industry scale robots, the corporation is aiming to boost its production along with taking steps towards a carbon neutral future. This first in-class approach has been applauded by many tech hobbyists and enthusiasts. Due to this, the company has emerged as the flag bearer of the industrial robot manufacturers’ market.
Kawasaki
Kawasaki is one of the most renowned brands in the list of industrial robot manufacturers. With its state-of-the-art technology and R&D division, the company has managed to regularly surprise the world with its groundbreaking innovations.
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Epson Robots
Epson Robots has diffused creativity with technology to transform dreams into reality. By moving into the industrial robot manufacturers’ market, the organization has achieved numerous milestones using cutting-edge technology.
Stäubli
Stäubli is the leading mechatronics solution provider. The brand’s commitment to providing comprehensive solutions across diverse industries has transformed its business into an international association – the fastest growing company in the industrial robot manufacturers’ market.
Nachi Fujikoshi Corporation
Nachi Fujikoshi Corporation is dedicated to challenge itself everyday to fulfil aspirations of the industries dependent on it. With its unique abilities, the organization has been aiming to make the future better. The most advanced form of technology coupled with out-of-the-box thinking has helped the company in overcoming the market hurdles and to become the leader of the industrial robot manufacturers.
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