In this piece, we will take a look at the top five industrial robotics companies in the world. For more companies, head on over to Top 10 Industrial Robotics Companies in the World.
5. Teradyne, Inc. (NASDAQ:TER)
Latest Market Capitalization: $15.90 billion
Teradyne, Inc. (NASDAQ:TER) is an American firm headquartered in North Reading, Massachusetts. The firm bought Universal Robots in 2015 for $258 million. Universal makes some of the most advanced robots in the world, with six joint arms that are used in several different industries such as grinding, welding, and machining; and across industries such as healthcare, electronics, and car manufacturing.
By the end of last year’s fourth quarter, 33 of the 943 hedge funds part of Insider Monkey’s database had invested in Teradyne, Inc. (NASDAQ:TER). Out of these, the firm’s largest investor is Panayotis Takis Sparaggis’s Alkeon Capital Management which owns 2.1 million shares that are worth $186 million.
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4. Fanuc Corporation (OTCMKTS:FANUY)
Latest Market Capitalization: $32 billion
Fanuc Corporation (OTCMKTS:FANUY) is a Japanese firm. It was set up in 1950 and is headquartered in Yamanashi, Japan. It is a pure play industrial robotics firm, with a wide variety of products such as motors, robots, and other machines. Fanuc Corporation (OTCMKTS:FANUY) has more than a hundred robots for industrial manufacturing. These include robots that can lift more than two tons in weight and reach up to five meters. Some use cases include robotic vision, painting, and warehousing operations.
3. DENSO Corporation (OTCMKTS:DNZOY)
Latest Market Capitalization: $41.6 billion
DENSO Corporation (OTCMKTS:DNZOY) is a Japanese firm that is headquartered in Kariya. It was established in 1949 and is one of the world’s leading automotive part suppliers, to notable firms such as Toyota. In the industrial robotics division, DENSO Corporation (OTCMKTS:DNZOY) makes and sells small and medium sized industrial robots. These include machines that are capable of operating in 4, 5, and 6 axis points. The company also uses thousands of these robots for its own manufacturing processes and has shipped more than a hundred thousand robots to other firms all over the world.
2. Stellantis N.V. (NYSE:STLA)
Latest Market Capitalization: $57.35 billion
Stellantis N.V. (NYSE:STLA) is a Dutch company that is headquartered in Hoofddorp. It owns the Italian robotics firm Comau, which has been making industrial robots for more than four decades. Its products include laser robots, guided robots, exoskeletons, and collaborative robots.
As of Q4 2022, 28 of the 943 hedge funds profiled by Insider Monkey had bought Stellantis N.V. (NYSE:STLA)’s shares. Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the largest investor with a $332 million stake.
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1. ABB Ltd (NYSE:ABB)
Latest Market Capitalization: $65 billion
ABB Ltd (NYSE:ABB) is a Swiss firm headquartered in Zurich, Switzerland. Its industrial robots operate in a variety of industries such as construction, healthcare, metal manufacturing, and electronics manufacturing.
Insider Monkey took a look at 943 hedge funds for their December quarter of 2022 investments and found that 16 had bought ABB Ltd (NYSE:ABB)’s shares. Out of these, Ken Fisher’s Fisher Asset Management is the largest stakeholder with a $635 million investment.
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Disclosure: None. You can also take a look at 15 Fastest Growing DTC Companies in 2023 and 10 High Growth AI Stocks to Buy.
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