What are the best robotic companies to invest in?

The International Federation of Robotics forecasts only until 2024, assuming that the market will grow at 6% a year in units in the next three years, and does not give a prophecy in monetary terms.

Three scenarios are presented in research by The Boston Consulting Group (BCG) for the sector through 2030:

  1. Individual Solutions Growth. In this scenario, the market will grow organically without the mass introduction of robots. The industry will be dominated by small and medium-sized businesses and start-ups with extensive expertise in specific robot applications that can be customized to meet clients' needs.
  2. The robot is a standard automation device. Robots with a lightweight installation system will lead the way in this scenario. They can be implemented en masse and are not very complex. These are delivery robots or assembly robots. Then large and well-known companies will be able to occupy the niche of cheap robots for mass application.
  3. Google World. This scenario involves a breakthrough in machine intelligence and the emergence of a range of intelligent robots that can handle complex and dynamic tasks. The software will be the critical success factor in this market, dominated by giants and start-ups. Traditional robotics companies risk becoming suppliers of mechanical equipment.

BSG predicts that the global robotics market will reach $160 to $260 billion. Growth through 2030 in monetary terms could be 5.4 to 9.4 times or 48% to 93% annually.

The best companies to buy robotics stocks

We're already taking advantage of robotic processes every day. E-commerce companies like Amazon and Shopify automate tasks in warehouses with intelligent machines, and smart speakers in our homes play music and tell us the day's schedule on command. On websites, chatbots assist us in finding the information we require. Other uses of robots are not as prominent.

Here are a few robotics companies that are worth investing in by purchasing robotics stocks:

  • Nvidia (NVDA) - is a leader in advanced semiconductor development with a growing specialization in artificial intelligence.
  • Intuitive Surgical (ISRG). Pioneer in robotic surgery.
  • Rockwell Automation (ROK) is a leader in automotive, food & beverage, and more industrial automation.
  • Zebra Technologies (ZBRA) - is a developer of mobile devices that help employees work faster and more efficiently.
  • UiPath (PATH) - is a developer of software robots for corporate use.
  • Teradyne (TER) - is a supplier of industrial equipment that automates repetitive device testing tasks.
  • PTC (PTC) - Manufacturing and industrial software technology partner that helps enterprises connect people and machines.

Nvidia (NVDA)

All technology's fundamental building components are semiconductors. Nvidia has become a leader in this field, and its advanced circuits enable all kinds of high-performance computing processes-including robots.

The graphics processing units (GPUs) from Nvidia are used to speed up data processing in computing devices, including small Internet of Things (IoT) devices, personal computers, and data centers. Fast computation times are necessary for a system as complex as a robot. The "Jetson" line of modules from Nvidia is one example of the company's efforts. Equipped with artificial intelligence (AI) and machine learning software, Jetson devices find applications in industrial and manufacturing equipment, medical devices, and self-driving cars.

Nvidia is a global leader in robotics as it assists its clients in using the potential of artificial intelligence thanks to its cutting-edge hardware and software capabilities.

NVIDIA is the world leader in visual computing technology and the inventor of the graphics processing unit, or GPU. Over the years, the company has begun to specialize in computer graphics and artificial intelligence (AI) solutions that now support high-performance computing (HPC), gaming, and virtual reality (VR) platforms. NVIDIA's success with GPUs can be attributed to its parallel processing capabilities supported by the thousands of processing cores needed to run algorithms for deep analysis.

NVIDIA operates in the field of visual computing all over the world. It operates in two segments, the GPU (which is new for Graphics) and the Tegra Processor (which is unique for computing & Networking).

The GPU segment, Graphics, offers processors:

  • GeForce for PC gaming and conventional PCs
  • GeForce NOW for cloud gaming
  • Quadro for design professionals in computer-aided design, video editing, special effects, and other creative applications
  • Tesla for artificial intelligence (AI) using deep analysis, accelerated computing, and general-purpose computing capabilities
  • GRID brings the power of NVIDIA graphics to the cloud and the data center; - DGX for AI scientists, researchers, and developers
  • EGX for accelerated AI computing.

The Tegra processor segment - Compute & Networking - provides processors consisting of:

  • SHIELD devices and services designed to harness the power of the Mobile Cloud to revolutionize home entertainment, AI, and gaming;
  • AGX is an energy-efficient AI computing platform for intelligent peripherals
  • DRIVE AGX for autonomous driving vehicles
  • Clara AGX for medical instruments
  • Jetson AGX for robotics and other applications.

Products from the firm are utilized in data centers, the automobile industry, professional visualization, and gaming. NVIDIA is the dominant name in the data center, professional visualization, and gaming markets, where Intel $INTC and Advanced Micro Devices $AMD are playing catch-up.

NVIDIA GPUs are rapidly being adopted into fields ranging from radiology to precision computing agriculture. The company's GPUs power two of the world's best supercomputers at Oak Ridge and Lawrence Livermore National Laboratories in the U.S. and top supercomputers in Europe and Japan. In total, NVIDIA powers 136 of the TOP500 supercomputers.

NVIDIA sells its products to original equipment manufacturers, original equipment manufacturers, system builders, motherboard manufacturers, retailers/distributors, internet and cloud service providers, automotive OEMs and Tier 1 car manufacturers, mapping companies, start-ups, and other market participants in the ecosystem. NVIDIA was established in 1993 and had its main office in Santa Clara, California.

Intuitive Surgical (ISRG)

Intuitive Surgical invented robotic surgery. The da Vinci system made its commercial debut in 2000, and since then, it has been widely adopted worldwide. Intuitive Surgical robots help surgeons and their teams perform more precise procedures, significantly improving surgical outcomes and patient recovery times.

Intuitive Surgical is still expanding more than 20 years after it was founded. There are many prospects to develop additional da Vinci capabilities and new machines to undertake more procedures, as most daily surgeries are done without robots. In addition, once one of the Intuitive systems is installed, the business model generates continuous revenue from sales of disposable instruments, services, and support.

Intuitive Surgical makes one of the most substantial long-term bets in healthcare technology thanks to the use of robotics and a consistent cash stream once the da Vinci robot is deployed.

More than 8.5 million operations have been performed with da Vinci systems. In total, more than 6,000 systems are in process in 67 countries.

The company's business model is good because most revenues come from selling instruments and consumables for the units. The more systems delivered and surgeries performed, the better for the bottom line.

System composition

A patient console is a unit with manipulators. The X and Xi have four robotic arms: two primary arms, a camera arm, and an assistant arm. The X and Xi models are four-ported; each instrument is introduced into the patient through a different orifice. All four devices are wound through a single port in the SP model.

The surgeon's console, where he sits, views the operating field and controls the arms with joysticks and pedals.

Video Stand. The middle link between the surgeon's and the patient's console is a system unit. Here, the camera images and the surgeon's movements are processed and broadcast to the manipulators.

The elements are connected via an optical cable through the video rack.

Fields of application:

  • general surgery,
  • urology,
  • gynecology,
  • coloproctology,
  • otorhinolaryngology,
  • thoracic surgery (chest surgery),
  • maxillofacial surgery.

Advantages of robotic surgery:

  • significantly faster recovery time compared to open surgery
  • less scarring
  • less blood loss
  • fewer complications.

Advantages of da Vinci systems:

  • flexible configurations
  • upgradable architecture and uniform interface
  • standardization of instruments and components
  • hand tremor filtering
  • fluorescence technology to illuminate affected tissue
  • compact size, suitable for most operating rooms.

The company's business model is good because most revenue comes from selling instruments and consumables for the units. The more systems supplied and surgeries performed, the better for the finances.

ION Endoluminal System

Another of the company's products is used to diagnose suspected lung cancer and allows for minimally invasive biopsies of small, hard-to-reach areas.

Rockwell Automation (ROK)

Rockwell Automation is a leader in industrial-grade technology. The company's systems, components, and software help manufacturers create more intelligent, more efficient machines. Rockwell's services and equipment serve various industries, from energy and chemical manufacturers to food and beverage companies and automakers. The company's predecessor, Allen-Bradley, founded in 1903, was a leading North American manufacturer of industrial automation equipment. Rockwell was reorganized, renamed, and incorporated in 1996. The company's global headquarters is located in Milwaukee, Wisconsin. 40% of its manufacturing facilities are in North America, with the rest in Mexico, Switzerland, Canada, Poland, China, Brazil, and Singapore. Rockwell has two operating segments: architecture and software, products, and control solutions. Both functional pieces share a typical sales organization and supply chain and do business worldwide. The primary markets served by both segments consist of different end markets (e.g., automotive, semiconductors, and warehousing and logistics), hybrid end markets (e.g., food and beverage and life sciences), and process end markets (e.g., oil and gas, Metals and Chemicals). Rockwell is the only automation vendor that can support discrete control, process control, package control, safety, motion, and power on the same hardware platform with the same programming environment. The integrated architecture is scalable with standard open communication protocols, allowing customers to implement it cost-effectively. The information software portfolio, combined with the software available due to the strategic alliance with PTC, is the industry's most comprehensive and flexible information platform. Rockwell does business in more than 100 countries, with 46% of its sales coming from international markets. The most significant sales outside the U.S. by destination are in China, Canada, Italy, Mexico, the U.K., Germany, and Brazil. In most countries, sales are made through independent distributors and direct sales. Approximately 75% of global sales are through independent distributors. The industries Rockwell helps have been around for a long time and are no longer secular growth stories. Nevertheless, Rockwell has consistently improved its profitability (as measured by free cash flow) over the past ten years as a pioneer in high-margin robots and related IT services. As its manufacturing partners look for new ways to improve productivity, Rockwell can continue to benefit - and reward shareholders with dividend growth and share repurchases.

What is the number 1 robotics company?

Thanks to innovations in semiconductors and software, robots have been used in the global economy at a record pace in recent years. As technology continually improves, it will change how organizations work and make the world more efficient. Remember that robotics is a long-term trend, and investing in stocks in this sector will require patience. However, the potential return on investment can be significant for those companies that make the best use of robotics technology. Robotics and automation have already changed how some industries, such as automotive, operate. Many other sectors, however, are still in the early stages of technological development. Throughout the pandemic, enterprises, including retail, agriculture, and health care, have increased their reliance on automation and robotics. These changes will probably stay with us forever. The fact is, there are still many activities that machines can do better than humans. All the robotics companies have different technologies and specialize in other areas, so it is challenging to single out №1, all working to improve the world.