Rockwell Automation, Inc. (NYSE:ROK): One of the Best Robotics Stocks to Buy According to Billionaires

The robotics manufacture has grown modestly implicit the past fewer years. Robotic companies are increasing faster than ever, driven by advancements successful exertion since the emergence of AI. Especially, humanoid robots are rapidly increasing successful the planetary market, driven by AI. According to Goldman Sachs’ research, the full addressable marketplace for humanoid robots is projected to transverse $38 cardinal by 2035, a monolithic upgrade from its erstwhile forecast of $6 cardinal successful 2023.

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Morgan Stanley expects the humanoid robot units to scope 40,000 by 2030 and transverse 63 cardinal by 2050. Citigroup is adjacent much bullish, anticipating a $7 trillion humanoid robot marketplace by 2050, with 1.19 cardinal humanoid robots successful operation. Adam Jonas from Morgan Stanley expects humanoid robots to beryllium a multi-decade, trillion-dollar accidental arsenic the adoption could accelerate faster for autonomous vehicles.

In 2023, the caller World Robotics study noted astir 4.28 cardinal units operating successful factories globally, increasing by 10% compared to 2022. Annual installations surpassed fractional a cardinal units for the 3rd consecutive year. Asia remains the blistery portion for robots, with 70% of each recently deployed robots successful 2023 installed successful Asia. China, Japan, South Korea, and India are immoderate of the largest robotics markets successful the world. China leads the market, signaling 276,288 concern robots installed successful 2023, representing 51% of the planetary installations. The U.S. has the largest robotics marketplace successful the region, accounting for 68% of installations successful the Americas successful 2023.

The U.S. banal marketplace has been nether unit owed to tariffs arsenic the broader marketplace has plunged implicit 4.50% year-to-date. At the aforesaid time, Global X Robotics & Artificial Intelligence ETF (BOTZ) and Robo Global Robotics and Automation Index ETF (ROBO), which returned implicit 11% successful 2024, person dropped astir 10% and 7% year-to-date, respectively. Despite the marketplace facing governmental headwinds, robotics stocks clasp large promise, considering the rising request for humanoids and automation systems.

Logistics robots filling packages successful a warehouse, preparing for delivery.

To compile our database of the champion robotics stocks to bargain according to billionaires, we looked for the robotics and automation companies wide held by billionaires. Data for the billionaire holders for each banal was taken from Insider Monkey’s database, updated arsenic of Q4 2024. Finally, the 10 champion robotics stocks to bargain were ranked successful ascending bid based connected the billionaire investors holding stakes successful them. We person besides mentioned the fig of hedge funds holding each banal arsenic of Q4 2024.