Top 15 Automation Companies in the US

Published on December 8, 2022 at 9:16 am by Ramish Cheema in Lists, News

In this piece, we will take a look at the top 15 automation companies in the U.S. For more companies, head on over to Top 5 Automation Companies in the U.S.

The onset of the Internet of Things (IoT) and cloud computing have provided companies with new technologies and avenues to improve their business processes. While the factory of the early days involved workers, now, companies rely on automated processes to make machines do their bidding. Automation is not limited only to manufacturing operations. Instead, it has also spread to power generation and even healthcare, with robots and timed delivery systems reducing the workload on doctors, surgeons, and nurses.

Therefore, it’s no surprise that the automation industry itself is worth billions of dollars. A research report from Acumen Research and Consulting outlines that the industry was worth $189.7 billion last year and from the end of this year to 2030, it will grow at a compounded annual growth rate (CAGR) of 9.7% to sit at $430.9 billion by the end of the forecast period. The research firm notes that a variety of different factors such as real time data for preventive analytics, robotic processes, intra company linkages through enterprise resource planning systems, and the growth in machine learning and big data analytics will drive the industry forward. Several different industries rely on automation these days, such as aerospace and defense, energy, pharmaceuticals, and automobile manufacturing. Asia Pacific is the largest automation market in the world, particularly since China’s role as the world’s manufacturing hub requires companies such as Foxconn to bring robots to their aid.

Another report, this time from Fortune Business Insights, estimates that the industrial automation market was worth $191.89 billion. It will grow to $205.86 billion by the end of this year, and from then until 2030, continue growing at a 9.8% CAGR for a final value of $395 billion. The firm adds that there is pent up growth in the industry due to the effects of the coronavirus pandemic that stalled manufacturing, and at the same time, COVID also spurred the adoption of industrial automation due to the reduced need for social distance measures. Robots, after all, do not catch the coronavirus. However, Fortune Business Insights disagrees with Acumen Research when it comes to the largest industrial automation market. According to this research firm, Europe held the largest share of the pie in 2021, with an estimated market value of $61.85 billion. IoT and augmented reality will drive automation; however, a key hindrance will be large capital expenditures.

Today’s piece will focus on the largest automation companies that either operate in or provide their services in the United States. Out of these, the largest players are Honeywell International Inc. (NASDAQ:HON), Intuitive Surgical, Inc. (NASDAQ:ISRG), and General Electric Company (NYSE:GE).

Our Methodology

We studied the automation industry in detail to sift out the key players based on their markets and location. They were then selected through market capitalization, which is reflected in their ranking.

Top 15 Automation Companies in the U.S.

15. Asensus Surgical, Inc. (NYSE:ASXC)

Market Capitalization as of December 6, 2022: $92.13 million

Asensus Surgical, Inc. (NYSE:ASXC) is a medical devices company that sells its products all over the globe. The firm is headquartered in Durham, North Carolina.

Asensus Surgical, Inc. (NYSE:ASXC) sells the Senhance surgical platform that lets surgeons automate their surgeries. Senhance is capable of using a camera for certain procedures and deploying up to four arms for using different instruments and even an ultrasonic system for manipulating tissue.

Insider Monkey studied 920 hedge fund holdings for Q3 2022 to discover that four had bought Asensus Surgical, Inc. (NYSE:ASXC)’s shares.

Asensus Surgical, Inc. (NYSE:ASXC) joins Intuitive Surgical, Inc. (NASDAQ:ISRG), Honeywell International Inc. (NASDAQ:HON), and General Electric Company (NYSE:GE) in our list of the top automation firms in the U.S.

14. Nauticus Robotics, Inc. (NASDAQ:KITT)

Market Capitalization as of December 6, 2022: $210.27 million

Nauticus Robotics, Inc. (NASDAQ:KITT) is an American firm that provides marine robotic solutions. The company’s Aquanaut robot allows users to investigate subsea items, and its Hyodronaut vessel is also fully autonomous and is designed to control Aquanaut. Nauticus Robotics, Inc. (NASDAQ:KITT) is headquartered in Webster, Texas.

Aquanaut is a diverse platform that lets users conduct their investigation without the need of attaching any data cables or power lines. It has a depth rating of three kilometers and can last for 116 hours of operations with a top speed of six knots. The vehicle also supports a wide variety of sensing packages including perception, acoustics, pipeline inspection, and optical communications.

Four out of the 920 hedge funds polled by Insider Monkey during this year’s third quarter had held a stake in Nauticus Robotics, Inc. (NASDAQ:KITT).

13. iRobot Corporation (NASDAQ:IRBT)

Market Capitalization as of December 6, 2022: $1.38 billion

iRobot Corporation (NASDAQ:IRBT) provides consumer automation products that target households and educators. The firm is based in Bedford, Massachusetts.

iRobot Corporation (NASDAQ:IRBT)’s Roomba robot lineup is capable of autonomously vacuuming and its Brava robot lineup mops floors without direct operation. Additionally, the company also provides the Root robot lineup that teaches coding and behavioral programming.

Insider Monkey’s Q3 2022 survey covering 920 hedge funds revealed that 23 had bought iRobot Corporation (NASDAQ:IRBT)’s shares.

iRobot Corporation (NASDAQ:IRBT)’s largest shareholder is Alec Litowitz and Ross Laser’s Magnetar Capital which owns 1.4 million shares that are worth $84 million.

12. Omnicell, Inc. (NASDAQ:OMCL)

Market Capitalization as of December 6, 2022: $2.11 billion

Omnicell, Inc. (NASDAQ:OMCL) is a healthcare company based in Mountain View, California. The firm targets the needs of physicians, hospitals, pharmacists, and medical assistants.

Omnicell, Inc. (NASDAQ:OMCL)’s automation systems let hospitals dispense medications, physicians manage their workflows, healthcare facilities integrate their demand forecasts with supplier stock, and pharmacies to autonomously manage their inventory and carry out filling operations.

23 of the 920 hedge fund portfolios researched by Insider Monkey had invested in Omnicell, Inc. (NASDAQ:OMCL) during this year’s third quarter.

Omnicell, Inc. (NASDAQ:OMCL)’s largst investor is Ken Griffin’s Citadel Investment Group which owns 346,919 shares that are worth $30 million.

11. Ambarella, Inc. (NASDAQ:AMBA)

Market Capitalization as of December 6, 2022: $2.86 billion

Ambarella, Inc. (NASDAQ:AMBA) provides semiconductors for video compression, and video and neural network processing. The firm operates out of Santa Clara, California.

Ambarella, Inc. (NASDAQ:AMBA) sells systems on chips (SoCs) which are compact silicon packages that compress the processor, graphics unit, and other chips in a single unit. The SoCs are used in several platforms such as driver assistance platforms, robotic sensors, and industrial applications to automate identity management and security.

As part of their September quarter of 2022 investments, 28 of the 920 hedge funds part of Insider Monkey’s study had held a stake in Ambarella, Inc. (NASDAQ:AMBA).

Out of these, Steven Cohen’s Point72 Asset Management is Ambarella, Inc. (NASDAQ:AMBA)’s largest shareholder. It owns 1.2 million shares that are worth $72 million.

10. Azenta, Inc. (NASDAQ:AZTA)

Market Capitalization as of December 6, 2022: $4.45 billion

Azenta, Inc. (NASDAQ:AZTA) is a healthcare firm that caters to the needs of the pharmaceutical and biotechnology industry. It is headquartered in Chelmsford, Massachusetts.

Azenta, Inc. (NASDAQ:AZTA)’s life sciences product segment lets pharmaceutical development firms autonomously handle their compound and biological samples. These products also support atmospheric and vacuum based processes. Azenta, Inc. (NASDAQ:AZTA) offers three automated sample storage platforms. These range from ambient storage to storage at cryogenic temperatures of -190 degrees Celsius.

22 out of the 920 hedge funds polled by Insider Monkey for their Q3 2022 investment portfolios had bought Azenta, Inc. (NASDAQ:AZTA)’s shares.

Azenta, Inc. (NASDAQ:AZTA)’s largest hedge fund investor is Seth Rosen’s Nitorum Capital which owns 982,072 shares that are worth $42 million.

9. Novanta Inc. (NASDAQ:NOVT)

Market Capitalization as of December 6, 2022: $5.53 billion

Novanta Inc. (NASDAQ:NOVT) sells equipment to medical and industrial customers. It is based in Bedford, Massachusetts.

Novanta Inc. (NASDAQ:NOVT)’s products enable the design and development of automation machinery for both industries and medical use cases. Some of these products are motors, drives, motion control solutions, and robotic arm technology solutions.

Insider Monkey scanned 920 hedge fund portfolios for this year’s third quarter to determine that 17 had held a stake in Novanta Inc. (NASDAQ:NOVT).

8. Zebra Technologies Corporation (NASDAQ:ZBRA)

Market Capitalization as of December 6, 2022: $13 billion

Zebra Technologies Corporation (NASDAQ:ZBRA) is a diversified technology and industrials firm that was set up in 1969 and is headquartered in Lincolnshire, Illinois.

Zebra Technologies Corporation (NASDAQ:ZBRA) provides automation solutions for warehouse management. These include the use of robotics for a variety of warehouse operations such as picking through autonomous robots that work with operators to bring the desired goods that have been ordered by customers.

By the end of Q3 2022, 31 out of the 920 hedge funds part of Insider Monkey’s survey had bought Zebra Technologies Corporation (NASDAQ:ZBRA)’s shares.

John W. Rogers’ Ariel Investments is Zebra Technologies Corporation (NASDAQ:ZBRA)’s largest shareholder in our database through a $125 million stake that comes via 477,118 shares.

7. Teradyne, Inc. (NASDAQ:TER)

Market Capitalization as of December 6, 2022: $13.96 billion

Teradyne, Inc. (NASDAQ:TER) is a backend testing equipment firm that caters to the needs of the semiconductor, consumer electronics, and industrial industries.

Through Teradyne, Inc. (NASDAQ:TER)’s equipment, chip manufacturers can autonomously test their wafers and packages for defects after manufacturing. In semiconductor terminology, a wafer is a piece of silicon from which the chips are cut, and a package is a single chip that is surrounded by supporting materials. Teradyne, Inc. (NASDAQ:TER) also provides robots for industrial use.

33 of the 920 hedge funds polled by Insider Monkey for their third quarter of 2022 holdings had invested in Teradyne, Inc. (NASDAQ:TER).

Teradyne, Inc. (NASDAQ:TER)’s largest investor is Panayotis Takis Sparaggis’ Alkeon Capital Management which owns 2.4 million shares that are worth $183 million.

6. Rockwell Automation, Inc. (NYSE:ROK)

Market Capitalization as of December 6, 2022: $29.22 billion

Rockwell Automation, Inc. (NYSE:ROK) is an industrial automation products and services provider that is one of the oldest companies on our list since it was founded in 1903.

Rockwell Automation, Inc. (NYSE:ROK) sells both automation hardware and software. The hardware segment has products such as the Allen-Bradley lineup that consolidate machinery data in a single platform. The software segment allows the creation of a robotic ecosystem for manufacturing and other applications.

Insider Monkey took a look at 920 hedge fund portfolios and found out that 35 had held a stake in Rockwell Automation, Inc. (NYSE:ROK) in Q3 2022.

Rockwell Automation, Inc. (NYSE:ROK)’s largest investor is Israel Englander’s Millennium Management which owns 953,525 shares that are worth $205 million.

Honeywell International Inc. (NASDAQ:HON), Intuitive Surgical, Inc. (NASDAQ:ISRG), Rockwell Automation, Inc. (NYSE:ROK), and General Electric Company (NYSE:GE) are some of the top automation firms in America.

Click to continue reading and see Top 5 Automation Companies in the U.S.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

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Even Sam Altman, the founder of OpenAI, issued a stark warning:

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Elon Musk was even more blunt:

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As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

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As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
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AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

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Top 15 Automation Companies in the US

Published on December 8, 2022 at 9:16 am by Ramish Cheema in Lists, News

Top 15 Automation Companies in the U.S.

15. Asensus Surgical, Inc. (NYSE:ASXC)

14. Nauticus Robotics, Inc. (NASDAQ:KITT)

13. iRobot Corporation (NASDAQ:IRBT)

12. Omnicell, Inc. (NASDAQ:OMCL)

11. Ambarella, Inc. (NASDAQ:AMBA)

10. Azenta, Inc. (NASDAQ:AZTA)

9. Novanta Inc. (NASDAQ:NOVT)

8. Zebra Technologies Corporation (NASDAQ:ZBRA)

7. Teradyne, Inc. (NASDAQ:TER)

6. Rockwell Automation, Inc. (NYSE:ROK)

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

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Top 15 Automation Companies in the US

Published on December 8, 2022 at 9:16 am by Ramish Cheema in Lists, News

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Top 15 Automation Companies in the U.S.

15. Asensus Surgical, Inc. (NYSE:ASXC)

14. Nauticus Robotics, Inc. (NASDAQ:KITT)

13. iRobot Corporation (NASDAQ:IRBT)

12. Omnicell, Inc. (NASDAQ:OMCL)

11. Ambarella, Inc. (NASDAQ:AMBA)

10. Azenta, Inc. (NASDAQ:AZTA)

9. Novanta Inc. (NASDAQ:NOVT)

8. Zebra Technologies Corporation (NASDAQ:ZBRA)

7. Teradyne, Inc. (NASDAQ:TER)

6. Rockwell Automation, Inc. (NYSE:ROK)

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up: