Industrial Robotics Companies to Watch Out for in 2024

Published: July 2024

Driven by several advantages conferred by the robots for performing different tasks across various industrial procedures, these industrial robots have garnered considerable attention in the automation domain.We analyzed over 90 industrial robotics companies that are engaged in their development. In this article, discover 5 top industrial robotics companies and their capabilities in this industry

The fourth industrial revolution is changing the way manufacturing processes are undertaken by various organizations through the use of robotics and connected devices. Over the years, the global demand for consumer electronics and automobiles has also increased. Owing to this fact, industrial robotics companies are emerging to automate various manufacturing processes which require consistent process replicability. Industrial robots are heavy-duty machines developed to speed-up various manufacturing processes by automating them. These robots feature at least one robotic arm designed to orchestrate dangerous or repetitive tasks in factories. Industrial robots provide the flexibility to operate under various strenuous conditions, including high pressure vacuum chambers and radiation chambers to prevent direct human exposure. Further, robotic arms can be added on with specialized grippers in order to enable the handling of delicate workloads and lift up to several tons.

Roots Analysis has conducted an exhaustive study on Industrial Robotics Market featuring the current market landscape and future opportunity for the industrial robotics companies, over a span of 11 years.

Below, we have listed (in alphabetical order), five industrial robotics companies to watch in 2024.

ABB
Comau
Denso
KUKA
Nachi-Fujikoshi

Top 5 Industrial Robotics Companies

Interested in exploring all 90+ Industrial Robotics Companies and their recent initiatives?

Discover Below the Details on 5 Industrial Robotics Companies that are Fostering Innovation

Let us look at the activity of the 5 industrial robotics companies in the industrial robotics market and their recent developments. It is essential to note that the selection of top players can differ substantially according to the defined criteria.

ABB Expanding its Portfolio of Large Industrial Robots Handling Payloads of 70-620 Kg

1. ABB

ABB is a leading Swedish-Swiss multinational technology company headquartered jointly in Västerås, Sweden and Zürich, Switzerland. The company is a giant in the engineering space, focusing on electrification and automation solutions that drive industries towards a more sustainable future.

In May 2024, the company expanded its large robots portfolio to include the new IRB 7710 and IRB 7720 robots. ABB’s portfolio now includes a total of 46 different robots capable of payloads up to 620 Kgs.

ABB: Company Overview

Key Parameters	Description
Company Logo
Year of Establisment	1974
Number of Employees	5,001-10,000
Headquarters	Zurich, Switzerland

The company strives to offer a comprehensive range of products and services related to power generation, transmission, and distribution. ABB employs over 5,000 employees across 100 countries. With a keen focus on industrial automation, the company has recently entered into a partnership with XtalPi in order to develop a range of automated laboratory workstations in China.

Further details on recent initiatives taken by ABB and other industrial robotics companies have been provided in detail in the report.

Comau Widening its Range of Offerings with Novel Hollow Wrist Industrial Robots

2. Comau

Comau is a leading Italian multinational company specializing in industrial automation solutions. The company is a subsidiary of Stellantis, the world's fourth-largest automaker. Comau develops and implements systems, products, and services that align with the principles of Industry 4.0, enabling smart and connected manufacturing. The company’s core strength lies in industrial robots, offering a variety of robotic arms, including collaborative robots and wearable solutions.

In May 2024, the company launched its new S-Family of robots primarily designed for the electronics and food and beverage industries. These robots feature a smaller footprint along with multiple mounting positions to enable accurate and repeatable functions.

Comau: Company Details

Key Parameters	Description
Company Logo
Year of Establisment	1973
Number of Employees	1,001-10,000
Headquarters	Torino, Italy

In May 2024, Comau entered into a strategic alliance with the AI, Data and Robotics Association (ADRA) in order to advance the regulatory landscape for automation and robotics in Europe.

Further details on recent initiatives taken by Comau and other industrial robotics companies have been provided in detail in the report.

Denso Specializes in Industrial Robot Arms and is Collaborates With Other Companies to Encourage the Installation of the Same by Reducing Costs

3. Denso

Denso is well-known for its high-speed, high-precision Selective Compliance Assembly Robot Arm (SCARA) robots, ideal for various assembly and pick-and-place tasks. The company also features an elaborate portfolio of six-axis articulated robots suited for complex material handling and welding applications. Further, Denso also provides cobots for safe human-robot collaboration in assembly lines and other workspaces.

In May 2024, DENSO, along with Certhon launched Artemy®. The new robot features an automatic harvesting function for cherry truss tomato plantation.

Denso: Company Overview

Key Parameters	Description
Company Logo
Year of Establisment	1947
Number of Employees	10,001+
Headquarters	Michigan, US

In May 2024, Denso and Certhon launched Artemy®, an automated cherry tomato harvesting robot for farmers in Europe.

Further details on recent initiatives taken by Denso and other industrial robotics companies have been provided in detail in the report.

KUKA Unveiled a New Industrial Robot Featuring an Extended Arm Reach of 368 cm

4. KUKA

KUKA, headquartered in Augsburg, Germany, is a prominent player in the global automation industry. They offer a comprehensive range of solutions, from individual robots to complete production lines, catering to various sectors. The company’s diverse portfolio of industrial robots, including high-payload robots for heavy-duty tasks, smaller robots for precision assembly, and collaborative robots for safe human-robot interaction enables task repeatability across different industrial operations. Further, KUKA provides comprehensive services to support customers throughout the entire robot lifecycle, encompassing everything from training and maintenance to feasibility studies.

In February 2024, the company released its new KR FORTEC industrial robot. KUKA claims that the KR FORTEC’s compact size and extended arm reach make it optimal for different tasks, including spot welding and material handling.

The company also has a separate medical robotics business segment that serves the healthcare industry.

KUKA: Company Overview

Key Parameters	Description
Company Logo
Year of Establisment	1898
Number of Employees	10,000+
Headquarters	Augsburg, Germany

In April 2024, KUKA partnered with Viam in order to integrate the latter company’s advanced software platform with KUKA robotic arms. The integration of the software strengthens KUKA with machine interoperability and data analytics functions for the wide range of robots offered by the company.

Further details on recent initiatives taken by KUKA and other industrial robotics companies have been provided in detail in the report.

Nachi-Fujikoshi Operates Across Various Segments Including Bearings, Hydraulic Equipment, Cutting Tools and Robots

5. Nachi-Fujikoshi

Nachi-Fujikoshi is a prominent Japanese corporation headquartered in Toyama City. Founded in 1928, the company has established itself as a leading global provider of industrial machinery and components. Apart from machinery and components, Nachi-Fujikoshi also operates in the industrial robotics space, providing robots for a variety of robots for different applications, including welding, material handling, and assembly.

Nachi Fujikoshi: Company Overview

Key Parameters	Description
Company Logo
Year of Establisment	1928
Number of Employees	5,001-10,000
Headquarters	Japan

The company reported that its consolidated net sales for FY 2023 exceeded JPY 265 billion. Further, Nachi-Fujikoshi is expected to invest in key markets like China, India, and Southeast Asia, where the demand for industrial automation is rapidly increasing.

Further details on recent initiatives taken by Nachi-Fujikoshi and other industrial robotics companies have been provided in detail in the report.

What About Other Industrial Robotics Companies Engaged in the Industrial Robotics Market Around the World?

The above presentation features five companies in the Industrial Robotics market selected from a pool of over 90 players that we have compiled. If you're interested, you can download the Sample Report on this topic by Roots Analysis. For personalized assistance in identifying the most relevant solutions based on your specific criteria, please don't hesitate to reach out to us at sales@rootsanalysis.com.

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