The Japanese Fanuc and Symbotic from the United States are by far the largest robotics companies based on their market capitalization, being at 27 and 23 billion U.S. dollars respectively. The rest of the list drops considerably in market capitalizations, with the following companies never being evaluated beyond six billion U.S. dollars.
Large companies dominate the robotics field
Of the many robot manufacturers in the world, most are already established, professional, larger enterprises. In general, these already established companies outnumber robotic startups by a factor of 10, though it differs from country to country. Switzerland and the United States had the largest shares of startups relative to their incumbent robotics companies, while Japan had the lowest share.
Robotics in the United States
It is unsurprising that the world’s largest economy has some of the largest robotics markets in 2023. In consumer service robots, that is those robots aimed at helping the average citizen with minor tasks, it is expected that the revenue in the U.S. will grow by nearly 200 million in the next two years. This type of robot constitutes your basic robotic vacuum cleaners, robot lawnmowers, assisted living robots, and other simple consumer robots.
Largest robotics companies globally in 2023, by market capitalization
(in billion U.S. dollars)
Characteristic
Market capitalization in billion U.S. dollars
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CompaniesMarketCap.com. (September 5, 2023). Largest robotics companies globally in 2023, by market capitalization (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 18, 2024, from https://www.statista.com/statistics/1411453/leading-robot-companies-market-cap-worldwide/?session=4e623a6a976ce0014efa62efe37a4423
CompaniesMarketCap.com. "Largest robotics companies globally in 2023, by market capitalization (in billion U.S. dollars)." Chart. September 5, 2023. Statista. Accessed July 18, 2024. https://www.statista.com/statistics/1411453/leading-robot-companies-market-cap-worldwide/?session=4e623a6a976ce0014efa62efe37a4423
CompaniesMarketCap.com. (2023). Largest robotics companies globally in 2023, by market capitalization (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 18, 2024. https://www.statista.com/statistics/1411453/leading-robot-companies-market-cap-worldwide/?session=4e623a6a976ce0014efa62efe37a4423
CompaniesMarketCap.com. "Largest Robotics Companies Globally in 2023, by Market Capitalization (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Sep 2023, https://www.statista.com/statistics/1411453/leading-robot-companies-market-cap-worldwide/?session=4e623a6a976ce0014efa62efe37a4423
CompaniesMarketCap.com, Largest robotics companies globally in 2023, by market capitalization (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1411453/leading-robot-companies-market-cap-worldwide/?session=4e623a6a976ce0014efa62efe37a4423 (last visited July 18, 2024)
Largest robotics companies globally in 2023, by market capitalization (in billion U.S. dollars) [Graph], CompaniesMarketCap.com, September 5, 2023. [Online]. Available: https://www.statista.com/statistics/1411453/leading-robot-companies-market-cap-worldwide/?session=4e623a6a976ce0014efa62efe37a4423