Kuka AG Stock

Description Kuka

Kuka AG is a German manufacturer of industrial robots and factory automation solutions. The company was founded in 1898 and is headquartered in Augsburg, Germany. Kuka designs and produces a wide range of industrial robots, including articulated robots, gantry robots, parallel robots, and linear robots, as well as turnkey automation systems for a variety of industries, including automotive, aerospace, machinery, logistics, and electronics.

Kuka is listed on the Frankfurt Stock Exchange and is a constituent of the MDAX index. The company has a global presence, with over 25 subsidiaries worldwide and a workforce of over 14,000 employees. In recent years, Kuka has been the subject of several high-profile acquisitions, including a majority stake purchased by China's Midea Group in 2016. As of 2021, Kuka continues to be a major player in the global robotics and automation market, with a strong focus on innovation and digitalization.

Competitors of Kuka

Kuka AG is a German company that focuses on manufacturing industrial robots and automation systems for the automotive, aerospace, and logistics industries. Some of the most important competitors of Kuka include:

1. Fanuc Corporation: Based in Japan, Fanuc Corporation is a leading manufacturer of industrial robots, CNC systems, and machine tools. It is a direct competitor of Kuka in the robotics market and has a strong presence in Asia and North America.

2. ABB Group: Headquartered in Switzerland, ABB Group is a multinational company that provides energy and automation solutions. It also manufactures industrial robots and automation systems that compete with Kuka's offerings. ABB has a strong presence in Europe, Asia, and the Americas.

3. Yaskawa Electric Corporation: Yaskawa Electric Corporation is a Japanese company that specializes in motion control, robotics, and automation systems. It is a major player in the industrial robotics market and competes directly with Kuka. Yaskawa has a strong presence in Asia and North America.

4. Kawasaki Heavy Industries: Based in Japan, Kawasaki Heavy Industries is a diversified company that manufactures a wide range of products, from aircraft and ships to construction machinery and industrial robots. Its robotics division competes with Kuka in the industrial automation market and has a strong presence in Asia and Europe.

5. Universal Robots: Universal Robots is a Danish company that specializes in collaborative robots, which are designed to work alongside humans in manufacturing and logistics environments. It is a relatively new player in the industrial automation market, but its innovative products are challenging traditional competitors like Kuka.

Suppliers of Kuka

Kuka is a German manufacturer of industrial robots and products such as automated production systems, industrial robots, assembly lines, and other automation technology. Some of the most important suppliers for Kuka include:

1. ABB Group: A multinational company based in Switzerland that provides automation and power technologies to a wide range of industries, including robotics and industrial automation.

2. FANUC Corporation: A Japanese manufacturer of industrial robots, CNC systems, and other factory automation products that provides Kuka with some of its robotics technologies.

3. Siemens AG: A German multinational company that produces a wide range of industrial and manufacturing software and automation technology that Kuka utilizes.

4. Robert Bosch GmbH: A German engineering and electronics company that produces a wide range of products, including sensors and control systems, that are essential to Kuka's industrial robots and automation systems.

5. Schneider Electric SE: A global energy management and automation company that supplies Kuka with its electrical distribution and automation technologies.

6. YASKAWA Electric Corporation: A Japanese manufacturer of industrial robots, motion control systems, and AC drives that provides Kuka with some of its robotics technologies.

These suppliers are essential for Kuka to maintain production efficiency and quality for their industrial automation and robot systems. Without them, Kuka may not be able to produce products or deliver them to customers in a timely and cost-effective manner.