igus GmbH has navigated economic challenges to achieve remarkable growth, marking a significant milestone with over €1.105 billion in sales last year. The Cologne-based company has not only expanded its product lineup but also strengthened its global presence. This growth underscores igus’s commitment to innovation and sustainability in the motion plastics and robotics sectors.
Reports from previous years indicated struggles within the German robotics industry, yet igus GmbH has defied these trends by increasing its active customer base by 5% and maintaining a steady turnover with only a 2.5% decline. This stability reflects igus’s strategic initiatives and effective market positioning despite broader industry concerns about competitiveness.
How is igus Enhancing Its Automation Solutions?
“We offer over 200,000 parts for automation,”
stated Alexander Mühlens, vice president and head of the Low-Cost Automation business unit at igus. The company is focusing on developing affordable automation parts that cater to diverse applications, including palletizing and integrating robots with cameras using their Robot Control software. These efforts aim to simplify automation processes for customers, making advanced robotics more accessible and efficient.
What Sustainability Measures is igus Implementing?
igus GmbH is actively pursuing sustainability by introducing products made from recycled materials and reducing its carbon footprint. The company has converted its E2.1 series energy chains to use recycled fishing nets, achieving an 80% reduction in CO2 emissions. Additionally, igus is close to attaining its goal of being CO2-neutral by the end of 2025, leveraging initiatives like photovoltaic systems and heat recovery systems to enhance environmental performance.
What Are igus’s Plans for Future Growth?
“The customer is at the center of all our activities,”
emphasized Michael Blass, CEO of e-chain systems at igus. The company is expanding its global footprint with new facilities in Germany, China, and India, and has invested over €350 million in Cologne alone. igus is also venturing into humanoid robotics and enhancing its production capabilities through acquisitions and the development of advanced manufacturing technologies, ensuring continued growth and innovation.
igus GmbH’s strategic focus on automation, sustainability, and global expansion has positioned it as a leader in the motion plastics and robotics industries. By continuously investing in research and development, the company is prepared to meet evolving market demands and maintain its competitive edge. igus’s comprehensive approach not only drives its own success but also supports the efficiency and sustainability goals of its customers worldwide.
- igus GmbH achieved €1.105 billion in sales last year.
- The company launched 277 new lubrication-free motion plastics products.
- igus is advancing sustainability with recycled materials and aims for CO2 neutrality by 2025.
