The robotics industry is a rapidly growing sector with a wide range of applications. In the ever-evolving digital landscape, robotics companies are continuing to develop new and innovative products that are used in a variety of industries, including manufacturing, healthcare, and logistics.
Robots are becoming increasingly sophisticated, capable of performing complex tasks and interacting with their surroundings with remarkable dexterity. From assembling cars to navigating radioactive waste sites, robots are tirelessly working behind the scenes, safeguarding human workers from harm and ensuring efficient operations.
These technological marvels, powered by AI and machine learning (ML), are completely changing industries and our daily lives. AI Magazine takes a look at the top 10 companies, by market cap, that are paving the way for our digital future.
10. Stereotaxis
Stereotaxis is a global leader and pioneer in innovative surgical robotics for minimally invasive endovascular intervention. Founded in 1990, Stereotaxis is dedicated to improving the safety and efficacy of interventional procedures through the development of robotic systems, instruments, and information solutions. The company’s flagship product, the Niobe® ES Remote Magnetic Navigation System, is a revolutionary robotic system that provides physicians with unparalleled precision and control during catheter-based procedures, enabling them to treat a wide range of cardiac arrhythmias with greater accuracy and safety.
9. Berkshire Grey
Berkshire Grey stands at the forefront of groundbreaking robotic solutions powered by AI, revolutionising the automation of online order fulfilment and store replenishment processes for industry giants in retail, eCommerce, grocery, 3PL, and package handling sectors. The company’s cutting-edge technology seamlessly integrates robotics and AI, enabling outstanding efficiency, accuracy, and scalability in order fulfilment and replenishment tasks. The AI-powered algorithms optimise every step of the process, ensuring orders are fulfilled accurately, meeting the ever-increasing demands of today's fast-paced e-commerce landscape.
8. iRobot
For over 30 years, iRobot has established itself as a global leader in the field of robotics and consumer products. The company’s pursuit of innovation has resulted in a groundbreaking portfolio of robotic solutions that have transformed various industries. From the iconic Roomba vacuum to the PackBot robots deployed in hazardous environments, iRobot's creations have consistently pushed the boundaries of what robots can achieve. The company continuously invests in research and development, seeking to expand its technological capabilities which ensures that it remains at the forefront of the robotics industry.
7. Maytronics
Established in 1983, Maytronics has emerged as a global leader in the swimming pool industry, dedicated to crafting an exceptional water experience. The company’s comprehensive portfolio includes a diverse range of robotic pool cleaners, pool safety solutions, and innovative water treatment systems. Today, Maytronics encompasses five worldwide subsidiaries, two local offices in Latin America, and Backyard in the United States, as well as a global network of partners that spans 65 countries across five continents. The company also has over 100 distributors collaborating seamlessly to provide comprehensive customer support.
6. PROCEPT BioRobotics
Founded in 2007, PROCEPT BioRobotics is a cutting-edge surgical robotics company dedicated to transforming urological care through the development of groundbreaking solutions. With a mission to enhance patient outcomes, PROCEPT BioRobotics has pioneered Aquablation therapy, a revolutionary image-guided, heat-free robotic procedure for treating lower urinary tract symptoms (LUTS) caused by benign prostatic hyperplasia (BPH). Additionally, the company has strong collaborations with urologists worldwide, providing comprehensive training and support to ensure the optimal delivery of Aquablation therapy to patients.
5. Estun Automation
Estun Automation is a global leader in motion control and industrial robotics that established its roots in Nanjing, China in 1993. Since its inception, Estun has been unwavering in its commitment to research and development, dedicating itself to crafting innovative motion control systems and industrial robotics for original equipment manufacturers (OEMs) worldwide. The company’s focus on technological advancement has propelled it to the forefront of the industry, empowering OEMs to enhance their products and processes with cutting-edge automation solutions.
4. ATS Automation
Founded in 1978, ATS is an industry-leading provider of automation solutions to many of the world's most successful companies. The company has a long history of innovation and is recognised for its expertise in custom automation, repeat automation, automation products, and value-added services. ATS has a global reach and serves customers across a number of industries, including life sciences, food & beverage, transportation, consumer products, and energy. The company has a deep understanding of the manufacturing process and is able to design and implement automated systems that meet the specific needs of its customers.
3. KION Group
KION Group is a German multinational corporation that stands at the forefront of the intralogistics industry, transforming material handling and warehouse automation solutions worldwide. Established in 2006, KION Group has emerged as a global leader, fostering efficiency, productivity, and sustainable practices across supply chains. With a presence in over 100 countries, the company has established a strong global network, enabling it to serve a diverse clientele. KION Group's extensive portfolio encompasses a wide range of products and services, catering to the diverse needs of businesses across industries, optimising material flow and streamlining operations.
2. Symbotic
Symbotic is a leading provider of warehouse automation solutions, offering a comprehensive suite of hardware and software products that help businesses of all sizes streamline their supply chains and improve efficiency. Founded in 2007, the company's flagship product is its end-to-end automation platform, which utilises advanced robotics and AI to automate virtually every aspect of warehouse operations, from receiving and storing goods to picking and packing orders.
In 2017, Symbotic started working with Walmart at their distribution centre in Brooksville, Florida, where the company’s automated technology was deployed to sort, store, retrieve and pack freight onto pallets. Then in July 2021, Walmart introduced Symbotic robots to 25 additional regional distribution centres.
Symbotic's systems are designed to be modular and scalable, so they can be tailored to the specific needs of each customer. The company has a proven track record of success, with over 500 installations worldwide.
1. Fanuc
FANUC has a long history of innovation in factory automation. The company's roots can be traced back to 1955 when it began developing numerical controls (NCs). Since then, FANUC has been dedicated to developing cutting-edge technologies that help manufacturers improve their efficiency and productivity.
Over the years, FANUC has consistently pushed the boundaries of technology, developing new solutions that have revolutionised and transformed manufacturing processes worldwide. The company's relentless pursuit of innovation has led to the development of advanced CNC systems, versatile robotics, and collaborative robomachines that are now widely used in a number of industries.
Today, FANUC's products can be found in manufacturing facilities across the globe, with over 40 million installations worldwide. The company's global footprint extends across six continents, with a strong presence in key markets like North America, Europe, and Asia.
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