Discover the best robotics stocks in 2024. Invest in the technology of the future and take advantage of the opportunities offered by the robotics industry. Read more about market trends and prepare for the future. Visit our site to learn about the best stocks to include in your portfolio.
The growing focus on the best robotics stocks is not surprising considering that the global robotic technology market reached a value of 72.17 billion dollars in 2022, expecting significant growth at an annual rate of 14.7 percent, with an estimate of 283.19 billion dollars by 2032, according to Precedence Research.
This increase is driven by the demand for industrial robots and the technological evolution in the robotics sector
.
Automotive and the Impact on Robotics
The automotive industry stands out as the main catalyst for demand for robotics. In 2022, it scored record sales of industrial robots in North America, according to the Association for Advancing Automation. Automotive giants such as Hyundai Motor Company are also integrating robotics into their processes, highlighted by the acquisition of a controlling interest in Boston Dynamics for 1.1 billion dollars in
2021.
Emerging Sectors in Robotics
The medical and service robot sectors contribute significantly to overall growth. Surgical robots, increasingly used in cardiac and spinal procedures, prevent better outcomes for patients. The medical robotics market is expected to reach 76.4 billion dollars by 2030
.
The Best Robotics Stocks
In 2024, the best robotics stocks will probably be those of companies involved in developing advanced technologies in this sector. Some of these could be involved in the production of robots for the home, for industry or for healthcare, or in projects for artificial intelligence or virtual reality. It is not possible to predict exactly which companies will win, but it is very likely that those who invest in research and development will have a better chance of success. In any case, robotics stocks will continue to be an attractive sector for investors looking for long-term growth opportunities
.
Here is an overview of the seven main robotics stocks listed on NYSE and NASDAQ, considering their market capitalization as of November 7, 2023.
- NVIDIA (NASDAQ:NVDA)
- Stock Price: $459.55
- Market capitalization: $1.14 trillion NVIDIA, known for graphics processing units (GPUs), is exploiting artificial intelligence (AI) in robotics through its NVIDIA AI Robotics Research Lab.
- Thermo Fisher Scientific (NYSE:TMO)
- Stock Price: $459.24
- Market capitalization: $177.44 billion Thermo Fisher Scientific, a leader in the healthcare industry, works with Celltrio to provide automated cell culture solutions.
- Qualcomm (NASDAQ:QCOM)
- Stock Price: $120.72
- Market capitalization: $134.36 billion Qualcomm, specialized in semiconductors, develops AI and robotic technologies, including the Qualcomm Robotics RB6 system.
- Honeywell International (NASDAQ:HON)
- Stock Price: $186.61
- Market capitalization: $134.36 billion Honeywell stands out in intelligent robotics, with warehouse automation technologies and AI solutions for manufacturing.
- Stryker (NYSE:SYK)
- Stock Price: $275
- Market capitalization: $104.47 billion Stryker, a leader in medical technology, is at the forefront of surgical robotics with the Mako robotic arm system and the Ortho Q Guidance platform.
- Intuitive Surgical (NASDAQ:ISRG)
- Stock Price: $278.69
- Market capitalization: $98.12 billion Intuitive Surgical, a pioneer in surgical robotics, offers da Vinci systems used by surgeons around the world.
- Medtronic (NYSE:MDT)
- Stock Price: $72.48
- Market capitalization: $96.44 billion Medtronic, a medical device giant, invests in robotic assisted surgery, with the Hugo system for urological procedures.
The investment in robotics stocks offers a unique opportunity as the sector prepares for sustained growth in the coming years. With companies at the forefront of different industries, investors can explore these opportunities in a constantly evolving market.
FAQ on robotics actions in 2024
What are the overall prospects for robotics stocks in 2024?
Let’s examine the prospects for stocks in the robotics sector in 2024, considering technological development, demand for automation and market trends.
What are the main companies in the robotics sector with shares listed in 2024?
We identify the main companies in the robotics sector that had shares listed in 2024, analyzing their past performance, financial strength and growth prospects.
How will technological developments influence actions in the robotics sector in 2024?
We explore the most recent technological developments that will influence actions in the robotics sector in 2024, focusing on innovations such as artificial intelligence, collaborative robotics and advanced automation.
What are the challenges and opportunities for actions in the robotics sector in 2024?
Let’s analyze the challenges and opportunities that robotics companies could face in 2024, considering factors such as market competition, regulatory issues, and consumer adoption.
How will industrial trends influence actions in the robotics sector in 2024?
Let’s examine how industrial trends, such as digitalization and Industry 4.0, will influence actions in the robotics sector in 2024, highlighting the growth opportunities deriving from digital transformation.
What are the growth expectations for investments in equities in the robotics sector in 2024?
Let’s review the growth expectations for equity investments in the robotics sector in 2024, considering the demand for robotic solutions in different sectors and global economic forecasts.
How can investors assess the growth potential of robotics stocks in 2024?
We provide practical suggestions on how investors can assess the growth potential of robotics stocks in 2024, considering financial indicators, analysis of market trends and innovation prospects.