In a recent article, we waxed poetic about the potential of industrial robotics for good reason. With an estimated +15% annual growth in industrial robot supply forecasted for the next few years, and a 37% majority share of industrial robotics in the global robo tech market projected until 2025, getting retail exposure to this piece of the pie seems like a very compelling investment thesis.
There are already vehicles in the market which claim to provide exposure to the robotics segment, such as the Robo Global Robotics & Automation Index ETF (NASDAQ:ROBO), which returned +39.9% in the past rolling 12 months vs Nasdaq at +23.76%. The question becomes, how many of these companies in the ETF are actually exposed to the industrial robotics business? In this article, we’re going to take a look at the three US-based listed companies in the ROBO ETF that might give you exposure to industrial robotics (we covered Cognex in an earlier article for you). For the detailed market analysis, check out our earlier article ‘Investing in Industrial Robots for Retail Investors’ where we looked at some of the companies in the below list of market leaders in industrial robotics: