Fanuc Corp.

Company Snapshot

Founded: 1956
Entity Type: Public
Employees: 9,432
Region: Asia
Revenue: $5,510.5 Millions
Revenue Year: 2023
Headquarter: Yamanashi, JAPAN
Key Geographics: Japan, Americas, Europe, Asia
Corporate Address: 3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi Japan Tel. +81-555-84-5555 www.fanuc.co.jp

Company Overview

Fanuc Corp. is a prominent player in automation and has a rich history dating back to 1972. Initially focused on developing servo motors and CNC controls, Fanuc strategically entered the robotics market in 1982. The company’s offering includes a vast selection of industrial robots, catering to diverse needs with payload capacities ranging from 0.5 to 2,300 kg and adaptability across various industries and applications. Additionally, it integrates advanced features like iRVision (machine vision system), ROBOGUIDE (simulation software) and zero down time (ZDT) for enhanced industrial IoT solutions, empowering customers to optimize robot performance and management.

The company operates through four business segments, namely Robot, FA, Robomachine and services. The Robot division is involved in the development, manufacture and sale of robotic products. The FA division is engaged in the development, manufacture and sale of FA products such as CNC, servo motor and laser products. The Robomachine division is involved in the development, manufacture and sale of robodrill, roboshot, robocut and robonano products. The Service division offers maintenance service activities to worldwide factory customers. Furthermore, the company manufactures robot-related products such as cameras, 3D Vision sensors, force sensors and others. At the global level, it has a business presence in many countries such as China, the U.S., Brazil, Mexico, Luxembourg, Germany, Italy, France, Japan, South Korea, Taiwan and India.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Fanuc Corp. In Reports

Robotics: Technologies and Global Markets

BCC Research Market Analyst says global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029 at a CAGR of 16.1%.

Soft Robotics: Global Markets

Global market for soft robotics should grow from $858.8 million in 2021 to $4.3 billion by 2026, at CAGR of 37.8% for the period of 2021-2026.

Robotics: Technologies and Global Markets

BCC Research Market Report for robotics is estimated to increase from $55.8 billion in 2021 to $91.8 billion by 2026, at a compound annual growth rate (CAGR) of 10.5%

Company's Business Segments

  • FA (Factory Automation) : FANUC provides basic products that enable factory automation, such as CNCs, which control the operation of Machine Tools with Numerical Information, Servos, which control Speed, Position, and Laser Oscillators, which are used for Welding, Cutting.
  • ROBOT : This segment inlcudes ROBOTs like Heavy Payload Robot, Collaborative Robot, SCARA Robot, Handling Robot, Welding Robot.
  • ROBOMACHINE : FANUC is developing Compact Machining Centers, Electric Injection Molding Machines, Wire Electrical-Discharge Machines that apply the basic technologies of CNCs, Servos.
  • Service : The company provides post sales services to its customers in over 100 countries and a Parts Center, a Warehouse for spare parts for Overseas use.

Applications/End User Industries

  • ROBOT
  • Aerospace
  • Energy
  • Sheet Metal
  • Glass
  • Automotive
  • Electronics
  • Food
  • Plastics
  • Beverages
  • Medical
  • Agriculture
  • Construction
  • Die and Mould