Industrial Robot Stocks List

Industrial Robot

An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable and capable of movement on three or more axes.Typical applications of robots include welding, painting, assembly, disassembly, pick and place for printed circuit boards, packaging and labeling, palletizing, product inspection, and testing; all accomplished with high endurance, speed, and precision. They can assist in material handling.
In the year 2020, an estimated 1.64 million industrial robots were in operation worldwide according to International Federation of Robotics (IFR).

Browse All Tags