Industrial robot revenue will triple by 2025, says report

industrial robots

ABI Research forecasts revenues will reach nearly $45 billion in 2025, fueled by Chinese demand

ABI Research forecasts that industrial robot shipments will exhibit an average year-over-year growth rate of 16 per cent by 2021.

As industrial robots continue to infiltrate the workforce to increase production efficiencies, this will result in annual revenue exceeding $30 billion in 2020 and nearly $45 billion in 2025.

The automotive sector will remain the leading acquirer of industrial systems, even as it loses share to other growing industry verticals, including the electrical and electronics, rubber, and plastics industries.  Continue reading Industrial robot revenue will triple by 2025, says report

Universal Robots says it has 10,000 collaborative robots installed around the world

Universal Robots says it has shipped 10,000 of its collaborative industrial robots worldwide so far.

The company, which is believed to be the first robot manufacturer to have launched a collaborative industrial robot model, made the announcement through a Twitter post.

More as we get it…

Epson sells 10,000 more industrial robots

epson robots small

Company claims 20 per cent increase of its global install base 

Epson Robots claims to have sold 10,000 robots since last year’s publication of a list of the largest industrial robot manufacturers in the world.

RoboticsAndAutomationNews.com had previously listed Epson as having 45,000 industrial robots installed worldwide, but this has now been updated to 55,000.  Continue reading Epson sells 10,000 more industrial robots

Top 14 industrial robot companies and how many robots they have around the world

Finding statistics on the install base of robots is not as straightforward as it might be, but RoboticsandAutomationNews.com has compiled its own list of available data and the bar chart below is the result.

Many well known companies are missing from the list and graph, but that’s because we could not find any credible and up to date figures for their install base.

We will of course try and persuade those companies to release that information to us so that we can provide a more complete picture of the market.

We’ve called this list “Top 9”, but that is based on available information.

Update: Fanuc claims to have sold 400,000 robots worldwide. That takes it from fourth on our previous list to first place in the new 2016 list. So, Fanuc is now the world’s largest maker of industrial robots according to the latest information we have. We will update the list as and when we get more information.

Update: Epson claims to have sold 10,000 more robots worldwide since our previous list. The company says it now has 55,000 industrial robots installed worldwide. Our previous list had their install base at 45,000 – this has now been updated (below).

Update: Comau says it has 30,000 robots installed worldwide. In exclusive comments to Robotics and Automation News, a senior executive at the Italian company provided the statistic as part of an extended interview. Our previous list did not include Comau as we could not find the data – this has now been updated (below).

Update: Universal Robots says it has installed 10,000 of its collaborative industrial robots worldwide.

Update: ABB says it has 300,000 robots installed worldwide, up from our previous number of 250,000. We have updated the list, and will update the pie chart at a later date. The new figure places ABB in joint-second place, along with Yaskawa, although our list shows ABB at number 3.

Update: Foxconn says it has installed 40,000 industrial robots in China, according to reports. We had not found this in official company documents, which is why we did not initially include it in the list for now. However, the report was in a reliable publication, so we have decided to include it.

Update: Mitsubishi Robotics says it has 70,000 industrial robots installed worldwide, which makes it number 8 in our list. The parent company is going through some interesting times, after a $2.3 billion capital injection, and reports that it is preparing to triple its executive pay.

Update: Stäubli is one of the original robot manufacturers, and still one of the largest. We estimate that the company has a large number of robots installed worldwide. However, in the absence of any available data, we have made our estimate as to how many robots the company has installed worldwide.

Update: Denso reveals it has a total of 95,000 robots installed.

Top robot companies in the world – robot install base worldwide

  1. Fanuc – 400,000
  2. Yaskawa – 300,000
  3. ABB – 300,000
  4. Kawasaki – 110,000
  5. Nachi – 100,000
  6. Denso – 95,000
  7. Kuka – 80,000
  8. Mitsubishi – 70,000
  9. Epson – 55,000
  10. Stäubli – 45,000
  11. Foxconn – 40,000
  12. Comau – 30,000
  13. Omron / Adept – 25,000
  14. Universal – 10,000

Source: RoboticsAndAutomationNews.com

If new information becomes available, we would be happy to make additions and corrections if appropriate.

We recently found out that Nachi Robotics has a substantial number of industrial robots installed worldwide, which is why we have included it in the list.

We would very much welcome any information that will help us add more companies and more stats to the list.