5 Robotics Stocks to Watch

Chad Fraser for The Street:  Soon, robots could be doing much more than just vacuuming your house or assembling your next car-they could also invade your investment portfolio. If you're looking for the industry's fastest growth, you'll want to pay particular attention to what's happening on the consumer/office side, where sales are set to grow at a 17% compound annual rate between 2014 and 2019, according to a May report from Business Insider -- seven times quicker than the industrial-robot market. In addition, a number of radical new applications for robotics are emerging in the medical and defense markets, as outlined in this presentation from Investing Daily.

Even though the automation trend is clearly set, there still aren't many pure ways for investors to play it. But that doesn't mean there are no intriguing options out there. Here are five robot makers to keep on your radar screen:

Featured Product

ElectroCraft's Motion Control for Mobile Robots

ElectroCraft's Motion Control for Mobile Robots

ElectroCraft is showcasing its award-winning mobile robot technology including their powerful and compact wheel drives, high-torque-density brushless DC motors, precision linear actuators as well as servo motor drive technology at a variety of conferences and tradeshows including the Boston Robotics Summit. Robotics Summit is the premier symposium for the sharing of ideas, technology, and market developments for robotic technologies across industries. Beyond a showcase and pitch of product, ElectroCraft is eager to participate in the collaborative discussion of challenges and opportunities that will shape the near and long-term robotic marketplace.