KUKA AG

KUKA AG Overview

Company Headquarter: Germany

Founded: 1898

Workforce: 14200

Company Working: KUKA AG is engaged in providing solutions for the automation of industrial production processes. The company provides services in mechanical and systems engineering. KUKA offers tailored solutions ranging from robots to cells and large-scale systems. The company focuses on eight markets including automotive, aerospace, electronics, consumer goods, metal industry, energy, healthcare, and e-commerce, and operates in Europe, Asia-Pacific, North America, and South America. The company operates through three segments: systems, robotics, and Swiss log. The company's robotics segment supplies industrial robots to the industry sector, mobile platforms, control systems, and software solutions. This segment develops, assembles, and sells industrial and service robots together with robot controllers, software, and services. The company also engages in the research and development activities through KUKA laboratories which develops and markets products in the field of service robotics.

Strategy

KUKA AG is committed to driving innovation in the field of industrial robotics and automation. The company invests heavily in research and development to stay ahead of the curve and bring new products and solutions to market. The company places a strong emphasis on understanding its customers' needs and delivering solutions that meet those needs. The company works closely with customers to identify pain points and develop tailored solutions that improve productivity and efficiency. The company is focused on leveraging the latest digital technologies to improve its products and services. The company has developed a range of software solutions that help customers optimize their operations and improve performance.

Company Snapshot

$3.89M

Revenue

14,200

Employees

1898

Founded

SWOT Analysis

Strengths

Robust financial performance
Strong research and development capabilities

Weaknesses

Huge debt burden

Opportunities

Growing global automobile industry could boost financial performance
Increasing demand for industrial robots could drive sales
Increasing demand for Robotics arms

Threats

Government regulations could impact the profit margins
Fierce competition could pressurize margins
Strict government regulations
Growing market competition

Key Developments

Date	Approach	Development
January 2022	Collaboration	KUKA AG signed a major contract with Ford Otosan, the biggest commercial vehicle production center of Ford in Europe, to supply more than 700 robots for Ford's next-generation electrical and connected commercial vehicle projects.
December 2021	Collaboration	KUKA AG signed a major contract with ADMARES, the world's leading provider of alternative real estate and pioneering construction methods. The company assists in supplying robotic automation systems and production lines for the new ADMARES smart factories.
September 2021	Product Development	KUKA AG developed an intelligent software platform KUKA iiQoT, to provide conditions of the entire robot in real-time by remote monitoring. Simultaneously, this expands the scope of troubleshooting and condition monitoring.
April 2021	Collaboration	KUKA AG signed a major contract with German car manufacturer Daimler automotive group. The order holds a four-figure number of robots and linear units and other KUKA technologies such as software and controllers. It includes KR FORTEC heavy-duty robots and the next generation of KR QUANTEC.

Product Offering

KUKA AG
- Automation and Control
- Mobile Robot
- Robotic Arms

Financial Performance

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