Robot Operating System Companies - ABB Ltd. (Switzerland) and FANUC (Japan) are the Key Players
The robot operating system market is projected to grow from USD 581 million in 2023 and is projected to reach USD 1,082 million by 2028; it is expected to grow at a CAGR of 13.2% from 2023 to 2028. Rising investment in industry automation is one of the major drivers of the robot operating system market. The trends towards collaborative modular robots, growing demand for the Robotics-as-a-Service (RaaS) model, and the rising adoption of low-cost industrial robots are expected to drive the market during the forecast period further.
In the robot operating system market, the key and emerging market players include ABB Ltd. (Switzerland), FANUC (Japan), KUKA AG (Germany), Yaskawa Electric Corporation (Japan), Denso (Japan), Microsoft (US), Omron Corporation (Japan), Universal Robotics (Denmark), Clearpath Robots (Canada), iRobot Corporation (US).
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Key strategies adopted by the players in the robot operating system ecosystem to enhance their product portfolios, increase their market share and expand their presence in the market mainly include new product launches and partnerships and acquisitions.
FANUC (Japan)
FANUC operates its business through four divisions—FA (Factory Automation), ROBOT, ROB MACHINE, and Service. The company offers over 100 industrial robots under the ROBOT division, catering to various applications. Although FANUC is known for its traditional industrial robots, it offers collaborative robots with various payloads. The robots contribute to automation in the automotive, electrical & electronics, food & beverages, and pharmaceuticals industries, among others.
ABB (Switzerland)
ABB Robotics is a pioneer in robotics, machine automation, and digital services, providing innovative solutions for various industries, from automotive to electronics to logistics. It is a leading supplier of industrial robots and modular manufacturing systems and services. The company’s operations are organized through four business divisions—Electrification, Motion, Process Automation, and Robotics & Discrete Automation. ABB provides industrial robots through its Robotics & Discrete Automation business segment; it has installed more than 300,000 ABB robots worldwide. Robots are used for welding, material handling, painting, picking, packing, and palletizing in automotive, metal fabrication, foundry, plastics, food & beverages, chemicals, pharmaceuticals, consumer electronics, solar, and wood.
Related Reports:
Robot Operating System Market by Robot Type (Articulated, SCARA, Cartesian, Collaborative, Autonomous Mobile, Parallel), Application (Pick & Place, Testing & Quality Inspection, Inventory Management), End User and Region - Global Forecast to 2028
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