Robots are really no strangers to the automotive industry, as they are one of the most highly automated supply chains in the world.
The automotive industry is one of the key drivers for the demand for robots specifically in the industrial sector. In 2020, the global robotics market was valued at $76.6 billion and is projected to reach $176.8 billion in 2025 with a compound annual growth rate of approximately 18.2%. Aside from being able to provide surveillance 24/7, security robots are programmed to perceive adverse weather conditions and even gas leaks! Lastly, security robots are roaming at some malls, power plants, chemical storage facilities, and even residential developments. One of the biggest tech giants in the world, IBM (NYSE: IBM ), developed a robot concierge named Connie for Hilton Mclean. On the other hand, we have service or concierge robots mostly seen in the hospitality industry. Mako allows surgeons to have a more predictable surgical experience when performing joint replacement surgery.
Next, we have medical robots like Mako by Stryker (NYSE: SYK ), a tech-centered company listed as one of the 15 biggest medical devices companies in the world. FLIR produces combat-ready robots that help bomb techs and SWAT operators in responding to daily missions. FLIR Systems (NASDAQ: FLIR ) is a tech company that develops programs that enhances imaging and threat detection. Military robots are also programmed to do rescue and search. On the other hand, we have military robots who can perform military tasks that are too risky for humans such as bomb disposal. Next, we have your favorite sophisticated dust eater a.k.a your robotic vacuum is called a domestic robot. Industrial robots are automated machines working in the manufacturing sector and they can perform welding, assembly, and painting. There's a wide variety of robots and I might bore you out talking about them here but there are 6 types of robots I can share with you: industrial, domestic, military, medical, service, and security robots. Yet people are scared because these robots will replace their jobs? Normal feeling but still we're the ones to bring them to life and we'll sure be the one to end it for them in case it gets uncontrollable. Robots indeed impact our lives as some are designed and built to do tasks that are too complex for us humans. Robots are programmed to perform the jobs humans won't do - the most boring, most dangerous, and the dirtiest jobs you can think of. A robot is defined as a programmable mechanical device that can perform tasks and interact with its environment, without the aid of human interaction. Today, robots are becoming more powerful and faster in computing and processing command and applications which are powered by artificial intelligence and machine learning. Click to skip ahead and jump to the 5 biggest robotics companies in the world. In this article, we are going to list the 15 biggest robotics companies in the world.