I. Wagner
Research Lead covering road traffic and motor vehicle manufacturing
Get in touch with us nowIndustrial 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.
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.
