Commercial Robotics Market Share

Market Share of Commercial Robotics Industry

The commercial robotics market is highly fragmented, as expenditure on commercial robots is rapidly increasing due to their superior benefits. The increasing investments, especially in the medical robotics segment, coupled with technological innovations and product launches by the industry players, are expected to drive the commercial robotics market. Some key players in the market are Northrop Grumman Corp., Yaskawa Electric Corporation, Kuka AG, iRobot Corporation, Honda Motor Company Limited, Omron Adept Technologies Inc., and 3D Robotics Inc., among others.

• November 2022 - Brain Corporation launched a next-generation autonomy platform for commercial robotics. The third-generation platform represents the evolution of Brain Corp's BrainOS autonomous robotic operating system, which currently powers over 20,000 autonomous robots operating in public spaces and has been developed to underpin a future generation of intelligent robotic solutions to be used across multiple commercial sectors.
• July 2022 - Leidos announced the development of a medium-sized unmanned underwater vehicle (UUV) for marine environmental sensing and counter-mine warfare under terms of a USD 12 million contract with U.S. Naval Sea Systems Command in Washington.

Commercial Robotics Market Leaders

1. Yaskawa Electric Corporation

2. Northrop Grumman Corporation

3. Kuka AG

4. iRobot Corporation

5. Omron Adept Technologies Inc.

*Disclaimer: Major Players sorted in no particular order