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Industrial robots: global revenue of key manufacturers 2019

In 2019, Mitsubishi generated some 6.8 billion euros from its industrial automation systems segment.

Industrial robot market

Although industrial robots have made inroads into a growing number of industries such as the food and beverages industry, the highly automated car manufacturing sector remains the largest area of application for electro-mechanical machines. The robotics industry’s growth trend is largely driven by rising wage levels that force manufacturers worldwide to replace human labor with machines. Asia and Europe are home to the key players in the market, including ABB, KUKA, Fanuc and the Yaskawa Electric Corporation. With relevant sales of around 1.2 billion euros, Japan-based Yaskawa was ranked among the largest manufacturers of industrial robots in 2019. The company’s heavy duty industrial robots can be used for welding, assembly, coating, materials handling, materials cutting, materials removal and spot welding. In the 2017 fiscal year, Yaskawa generated almost 450 billion Japanese yen in net sales.

The robotics industry is a subsector of the automation industry. This industry is comprised of a variety of products and services, including relays, switches, sensors and drives, machine vision and control systems, as well as industry software development and services. Conglomerates like Siemens, Mitsubishi Electric or General Electric are the major vendors of industrial automation and industry software.

Leading companies in the global industrial robot market in 2019, based on revenue

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Sources

Release date

2020

Region

Worldwide

Survey time period

2019

Supplementary notes

* Mitsubishi Electric: Net sales in FY 2019/2020 (ended March 31, 2020) in "Industrial Automation Systems" segment. The revenue figure has been converted from Japanese yen to euros (1 JPY= 0,00841 EUR, as of March 31, 2020).
ABB: Revenue in the "Industrieautomation" segment. The figure has been converted from U.S. dollars to euros (1 USD = 0,90905 EUR, as of March 31, 2020).
Fanuc: Net sales in FY 2018/2019 (ended March 31, 2019) in the "ROBOT" segment. The figure has been converted from Japanese yen to euros (1 JPY = 0,00804 EUR, as of March, 2019).
Yaskawa: Net sales in FY 2019/2020 (ended February 2020) in the "Robotics" segment. The figure has been converted from Japanese yen to euros (1 JPY = 0,00840 EUR, as of February 29, 2020).
Kawasaki Heavy Industries: Net sales in FY 2018/2019 (ended March 31, 2019) in the "Precision Machinery & Robot" segment. The figure has been converted from Japanese yen to euros (1 JPY = 0,00804 EUR, as of March 31, 2019).
Dürr: Revenue in the "Application Technology" segment.

The values have been rounded.

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