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10 Biggest Robotics Companies in the World [2024]

biggest robotics companies
Marko Marjanovic

Summary: The robotics industry is seeing significant advancements in computing power, processing speed, and artificial intelligence. With the technology progressing, a number of companies in the sector have risen to prominence, attracting a growing number of investors looking for exposure to a seemingly ever-fresh market. In this guide, we’re taking a look at the 10 biggest robotics companies to invest in through investment platforms such as eToro.

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Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

What is a robotics company?

A robotics company is a company specializing in the design, development, and manufacturing of robotic systems and relevant technologies. 

Their focus and market targeting can vary, ranging from service robotics and household appliances to advanced research in artificial intelligence (AI) and machine learning. 

Some robotics companies also provide consulting and software solutions to help businesses incorporate robotic systems into their operations. 

The state of the robotics industry

Various sectors are embracing robotics innovations propelled by advancements in artificial AI and machine learning. The global robotics market is projected to reach $176.8 billion by 2025, driven largely by automotive industry demand. 

As far as specific sectors go, industrial robotics, for example, with a projected value of around $90 billion by 2030, is poised for robust growth driven by automation trends. Moreover, collaborative robots designed to help the human workforce are also expected to see increased demand across industries. For example, the surgical robots market, valued at around $4 billion in 2023, is anticipated to grow at a CAGR of 9.5% by 2030.

Most importantly, industrial robots are becoming more affordable, with prices being virtually halved compared to a decade ago. Additionally, sectors like healthcare and agriculture are increasingly integrating robots.

Investors should monitor companies developing innovative and affordable solutions. What’s more, they should keep an eye out for government incentives supporting efforts and promoting robotics.

However, challenges such as safety concerns, potential job displacement, and ethical considerations also must be addressed. Rapid regulation in the robotics industry may create barriers to entry and slow innovation as companies navigate complex regulatory environments and emerging standards.

Where to buy Robotics stocks?

Robotics stocks are available for purchase on various online brokerage platforms. Our go-to investment platform is eToro, a major brokerage with millions of registered users and a range of useful features, such as:

  • Commission-free stock trading;
  • Access to over 2,000 stocks from 17 different exchanges;
  • Charting tools;
  • The option to purchase fractional shares.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

10 biggest robotics companies in the world


UiPath (NYSE: PATH)

UiPath is a multinational software development firm that specializes in providing Robotic Process Automation (RPA) solutions. This kind of technology enables users to automate repetitive tasks by leveraging AI to mimic human interactions with computer applications.

Your capital is at risk.

Zebra Technologies (NASDAQ: ZBRA)

Zebra Technologies stands as a frontrunner in delivering cutting-edge technology solutions. Its expertise lies in developing barcode scanners, mobile computers, robotics, and advanced tracking technologies, all pivotal in augmenting efficiency and productivity across diverse industries. With a long dedication to technological progress, Zebra Technologies has emerged as a cornerstone in the realm of digital transformation.

Your capital is at risk.

Teradyne (NASDAQ: TER)

Teradyne is a robotics and automation enterprise known for the creation, innovation, and production of automatic test equipment utilized by prominent brands like Qualcomm, Texas Instruments, Intel, Samsung, and IBM. It specializes in crafting advanced testing solutions tailored for semiconductors, wireless technology, and electronic devices. Additionally, the company offers collaborative and mobile robots, aiding manufacturers in enhancing productivity and reducing operational expenses.

Your capital is at risk.

PTC (NASDAQ: PTC)

PTC is an American multinational software corporation known for its CAD software solutions and spearheading digital transformation initiatives. Established in 1985 in Boston, Massachusetts, the company is also heavily involved in product lifecycle management (PLM), Internet of Things (IoT), and augmented reality (AR) software and services.

Your capital is at risk.

Rockwell Automation (NYSE: ROK)

Rockwell Automation is a prominent company that focuses on industrial automation and information technology. Specializing in control systems, industrial automation products, and diverse robotics solutions for industrial applications, Rockwell Automation boasts a rich legacy spanning over a century. As one of the oldest publicly traded companies in its field, it holds a respected position in the industry.

Your capital is at risk.

Intuitive Surgical (NASDAQ: ISRG)

Intuitive Surgical is a leading American multinational company specializing in robotic innovations tailored to enhance minimally invasive surgical practices. Renowned for its groundbreaking da Vinci surgical system, the company, headquartered in Sunnyvale, California, prioritizes elevating clinical outcomes and advancing healthcare through less invasive medical interventions. Notably, da Vinci systems have played a pivotal role in facilitating over 12 million procedures worldwide.

Your capital is at risk.

ABB (OTC: ABBN)

ABB is at the forefront in terms of electrification products, industrial automation, power grids, and robotics. With a rich legacy dating back to the late 19th century, the company has cemented its position as a pivotal force driving technological advancements that propel industries across the globe, solidifying its reputation and attracting a growing number of investors. Its comprehensive product lineup includes an array of robots, controllers, software suites, function packages, cells, programmable logic controllers, industrial PCs, and collaborative robot solutions.

Your capital is at risk.

Thermo Fisher Scientific Inc. (NYSE: TMO)

Thermo Fisher Scientific is a worldwide supplier of scientific research services, life sciences solutions, analytical instruments, and pharmaceutical goods. The company offers a wide array of science-related products, including instruments, reagents, consumables, and software. Its comprehensive services have played a pivotal role in advancing scientific breakthroughs across multiple technology domains, encompassing not only surgical robotics but also genomics, proteomics, pharmaceuticals, and environmental analysis.

Your capital is at risk.

Tesla (NASDAQ: TSLA)

Elon Musk’s Tesla stands as a technological juggernaut with a workforce exceeding 127,000 individuals across the globe. As one of the world’s top ten most valuable companies, it boasts a globally recognized brand and holds a prominent position in the S&P 500 index. Tesla has transformed the automotive landscape with its innovative electric vehicle (EV) lineup, including the Roadster, Models S, 3, X, Y, and the Tesla Semi truck. Beyond automobiles, Tesla is committed to sustainable energy initiatives, along with advancements in robotics and artificial intelligence, epitomized by projects like Optimus.

Your capital is at risk.

Nvidia (NASDAQ: NVDA)

Nvidia is a prominent firm specializing in software and hardware design. Its primary focus lies in crafting graphics processing units (GPUs) alongside a diverse range of application programming interfaces (APIs) tailored for data science, high-performance computing, and system-on-a-chip units (SoCs) tailored for mobile computing and the automotive sector. Renowned for its dominance in AI hardware and software realms, Nvidia’s professional-grade GPUs serve a large number of industries, including robotics.

Your capital is at risk.


Pros and cons of investing in robotics

Pros

Pros

  • Growth potential: The robotics industry is growing rapidly, driven by advancements in AI and machine learning, increasing automation, and growing demand;
  • Diversification: Investing in robotics can help you diversify and spread risk across different sectors;
  • Innovation: Robotics companies are mostly known for technological innovation in areas such as infrastructure, manufacturing, healthcare, agriculture, etc.
Cons

Cons

  • Volatility: The robotics sector is new, so it can be highly volatile, with stock prices influenced by factors such as technological trends, market sentiment, regulatory developments, etc.;
  • High valuation: Some robotics companies trade at high valuations, which can increase the risk of overvaluation and potential price corrections;
  • Ethical considerations: Ethical considerations in regard to job displacement, privacy, and autonomous decision-making can potentially affect investor perception and regulatory scrutiny.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about the 10 biggest robotics companies

What are the best robotics companies to buy and hold for the next 10 years?

The best robotics companies to buy and hold for the next 10 years are UiPath (NYSE: PATH), Zebra Technologies (NASDAQ: ZBRA), Teradyne (NASDAQ: TER), PTC (NASDAQ: PTC), Rockwell Automation (NYSE: ROK), Intuitive Surgical (NASDAQ: ISRG), ABB (OTC: ABBNY), Thermo Fisher Scientific Inc. (NYSE: TMO), Tesla (NASDAQ: TSLA), and Nvidia (NASDAQ: NVDA).

Who is the leader in robotics?

The leader in robotics in terms of market cap is Nvidia.

How to invest in robotics?

There are multiple ways to invest in robotics. For example, you can buy shares in robotics companies listed on investment platforms such as eToro.

How many companies use robotics for their products?

The adoption of robotics continues to increase, so a number of companies in industries such as manufacturing, healthcare, construction, retail, etc.

What is the biggest robotics company?

The largest robotics company in the world is probably ABB (OTC: ABBNY). However, if we consider companies that drive robotics with tech such as AI, the global leaders include companies such as Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT).

Are robotics companies a good long-term investment?

Investing in robotics companies holds promise for long-term growth due to the industry’s rapid growth and increasing demand in various sectors like healthcare, manufacturing, etc. However, investors should be mindful of risks such as market volatility, technological obsolescence, and regulatory challenges. Before investing, you should conduct thorough research and diversify your portfolio to mitigate these risks.

Where to buy robotics stocks?

You can buy robotics stocks on investment platforms such as eToro.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

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