Top 10 Collaborative Robot Companies Characterizing the Industry Landscape

Global Collaborative robots, also known as robot are equipped with the multitasking capacity so that they can assist humans in various tasks within the same workspace.

Various players are trying to make it big in this sector and are adopting numerous strategies to meet their growth goals.

Some of the top performing collaborative robot manufacturers are- 

ABB Ltd.

Market Position or History 

In February 2021, ABB Ltd. announced the launch of two of its COBOT ranges named SWIFTI and GoFa with an aim to expand its automation portfolio.  

Business Overview and Strategy 

The company was established in 1988 by Boveri & Cie, ASEA, and Brown. It has its headquarters in Zurich, Switzerland. ABB is a prime manufacturer of electric equipment and has also entered into the robotics and automation technology space. The firm has gained global recognition as a global Fortune 500 Company.  

With extensive R&D activities, ABB Ltd. developed advanced Cobots to ease the lives of the masses. Most of the collaborative robots designed by the company are easy to install, program, scale, and operate. The company envisions a future that witnesses a positive integration between the digital and physical world which in turn will make various operations highly safe, intelligent, and productive.   

Doosan Robotics Inc. 

Market Position or History 

In January 2022, Doosan Robotics announced to have generated a funding of USD 33.7 million in a financial round led by Korea Investment Partners and Praxis Capital Partners.  

Business Overview and Strategy 

With its headquarters in Seongnam-si, Gyeonggi-do, South Korea, the company was established in 2015. It is a leading manufacturer of automation machinery including cobots. Doosan Robotics has a well equipped R&D Center, Prototyping Lab, and Innovation Lab wherein it innovates safe and efficient collaborative robots.  

The company aims at empowering people and organizations with increased productivity with the help of automation technology.  

FANUC

Market Position or History 

In March 2022, FANUC unveiled three newly added cobots, CRX-5iA, CRX-20iA/L, and CRX-25iA in its prominent CRX series.  

Business Overview and Strategy 

The robotics company was founded by Seiuemon Inaba in May 1972. Its headquarters are located in Oshino, Yamanashi, Japan. FANUC specifically designs automation products and services including computer numerical control wireless systems and collaborative robots, among others. In fact, it has been recognized as one of the top industrial robot manufacturers in the world.  

The company aims to offer one stop automation solutions to its end users. Its vision is to help organizations tackle their manufacturing challenges with the help of efficient automation technology.  

KUKA

Market Position or History 

In 2012, KUKA announced the launch of its small cobot series named KR AGILUS. It is a six-axis robot with a compact size and versatile nature.  

Business Overview and Strategy  

The company was established in 1898 with its headquarters in Augsburg, Germany. It is a prominent factory automation system and industrial robot manufacturer. It is worth noting that KUKA has built a strong grip over the collaborative robot sector.  

The cobots produced by the company are known to provide utmost productivity to the end users. With robust R&D initiatives, the organization thrives to solve numerous industrial challenges by innovating intelligent automation systems including collaborative robots.  

Universal Robots

Market Position or History  

In 2022, Universal Robots announced the launch of its UR20 Collaborative Robot series.  

Business Overview and Strategy 

The company was established in 2005 by Esben Ostergaard. Its headquarters are located in Odense, Denmark. Universal Robots is one of the leading manufacturers of compact and flexible industrial collaborative robot arms.  

In fact, it is the first ever firm to introduce a cobot that is equipped with the ability to work alongside human employees with posing any threat. The company envisions a world where human intelligence and robotic intelligence co-exist to create wonders across various fields.   

Collaborative Robots are here to stay 

The advent of collaborative robots is not less than a boon for various industries. Due to the integration of intelligent features, these bots can simplify tedious industrial tasks with efficacy and safety. Therefore, several companies are trying to mark an entry into this sector in order to enhance their competitive edge.  

If you want to know about the rest of the players who are making it big in the collaborative robots sector, you can get your hands on this business intelligence report curated by Brand Essence Market Research.  

Click Here to Download the Sample Copy of the Report