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Dispensing Robots Market Size, Industry Analysis Report Product Type(6-axis robots, SCARA robots, Articulated robots, Cylindrical robots), Operational range(200x200mm, 300x300mm, 400x400mm, Up to 500 mm), End-Use Industry(Pharmaceutical, Healthcare, Automotive, Chemical, Electronics and Electrical) & Region - Forecasts

  • PUBLISHED ON
  • 2024-02-08
  • NO OF PAGES
  • 231
  • CATEGORY
  • Information Communication & Technology

Global Dispensing Robots Market Analysis by Product Type, Operational Range, End-Use Industry, Region and segments forecast till 2033

Market Overview

The global dispensing robots market is valued at USD 1,500 million in 2022 and is projected to reach a value of USD 5,000 million in 2033 expanding at a CAGR of 13.8% over the forecast period of 2023-2033.

Report Scope

Report Attributes

Description

Market Size in 2022

USD 1,500 Million

Market Forecast in 2033

USD 5,000 Million

CAGR % 2023-2033

13.8%

Base Year

2022

Historic Data

2020-2021

Forecast Period

2023-2033

Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

Product Type, Operational Range, End-Use Industry

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

Techcon., Dispense Works, Inc., Fanuc, Mitsubishi Electric, Kawasaki Robotics, ABB, ESYS Automation, Yaskawa Motoman, Nordson Corporation, Simplimatic Engineering Holdings LLC.

 

A Dispensing robot is defined as a machine that is used to store the original pack of medication in a managed space and also to retrieve the packs at the point of dispensing. These are commonly seen in the North American region behind the dispensing counter and also support the team in quickly and accurately dispensing a customer’s prescription. The dispensing robots have a few advantages and better command over liquid placements, globules, placements of bends, and rehashed timed dots, among others. 

These robots are generally utilized for liquid dispensing purposes and are effortlessly customized utilizing smart PC-based programming. Also, technical developments, such as, CAD/DXF record imports in intuitive programming of dispensing robots, touch screen programming that permits the robots to consequently address part misalignments, shorten lengthy programming, and further develop design acknowledgment.

One of the major factors that have boosted market growth is the changing nature of manufacturing and labor over the forecast period. This feature is in conjunction with varying consumer views that have significantly contributed to the development of dispensing robots.  Also, automation, logistics, and pharmaceutical industries have been facing an acute shortage of skilled and efficient laborers. Thus, dispensing robots are extensively being adopted in places where safety concerns are important issues.

Another factor that has fueled the market growth is the rising focus on workplace safety. The simplicity of robots, ease of installation and operation, and also improvements in machine learning have generated many robotic developments in the forecast period. Also, the advent of big data, the expansion of the (IoT), and advances in connectivity have opened doors for a new breed of intelligent technology that has boosted the market growth.

Product Type Insights

The 6-axis robots segment has dominated the market growth over the forecast period and is projected to grow at a CAGR of 6.6%. The 6-axis robot is one of the most commonly used types of dispensing robots, as it offers greater flexibility and precision in handling materials. However, there are also other types of dispensing robots such as 3-axis and 4-axis robots that are used in specific applications.

Operational range Insights

The 200x200mm segment is predicted to garner significant returns of around 30% over the forecast period. In terms of robot sizes, there are many different types and sizes of dispensing robots available on the market, including those with a 200x200mm working area. The market share of these specific robot sizes would depend on various factors such as their functionality, features, price, and availability compared to other sizes of dispensing robots.

End-Use Industry Insights

The Pharmaceutical segment is slated to register significant gains over the estimated timeline. Overall, the demand for dispensing robots in the pharmaceutical industry is expected to continue to grow as companies look for ways to increase efficiency, reduce errors, and improve the safety and quality of their products

Regional Insights

The Global dispensing robots market is segmented into five main regions namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these, Asia Pacific has dominated the market growth over the forecast period. This is because of the various manufacturers in the region that uses smart sensors to integrate existing equipment so that they can provide robust visibility in their operations across the region.

Competitive Analysis

Some of the prominent companies operating in the market are Techcon., Dispense Works, Inc., Fanuc, Mitsubishi Electric, Kawasaki Robotics, ABB, ESYS Automation, Yaskawa Motoman, Nordson Corporation, Simplimatic Engineering Holdings LLC. Some of the recent market developments include:

·         In March 2021, Abacus Health Solutions, a Dubai based provider of healthcare solutions, announced the launch of a new robotic dispensing system called the AbacusRX. The system is designed to automate the dispensing of medication in hospitals and pharmacies, reducing errors and improving efficiency.

·         In January 2021, BioneXt Lab, a leading medical laboratory in the UAE, announced that it had installed a robotic dispensing system in its laboratory in Abu Dhabi. The system is designed to automate the handling of samples, reducing the risk of contamination and improving accuracy.

Global Dispensing Robots Market- Segmental Analysis

Based on the Operational range

• 200x200mm

• 300x300mm

• 400x400mm

• Up to 500 mm

Based on End-Use Industry

• Pharmaceutical

• Healthcare

• Automotive

• Chemical

• Electronics and Electrical

Based on product type

• 6-axis robots

• SCARA robots

• Articulated robots

• Cylindrical robots

Why to buy this Report?

The report provides quantitative and qualitative aspect for Global Dispensing Robots Market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in Global Dispensing Robots Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

•             Business Model

•             Production Capacity, Revenue, Sales, Gross Margin

•             Key Business Strategy

•             SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the Card Type in taking a key decision within the business:

•             Company Share Analysis from 2020-2022

•             Company Analysis by Revenue and Sales

•             Company Production Capacity, Gross Margin

•             Company Share Analysis by Card Type/Card Type

•             Company Share Analysis by Product/Specification

1.    Global Dispensing Robots Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  Dispensing Robots Market  Definition & Description

1.3.  Global Dispensing Robots Market Scope and Market Estimation

1.3.1.     Global Dispensing Robots Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global Dispensing Robots Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Operational range of Global Dispensing Robots Market

1.4.2.     End-Use Industry of Global Dispensing Robots Market

1.4.3.     Product type of Global Dispensing Robots Market

1.4.4.     Region of Global Dispensing Robots Market

2.    Executive Summary

2.1.  Global Dispensing Robots Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global Dispensing Robots Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.    Global Dispensing Robots Market  Estimates & Historical Trend Analysis (2020 - 2022)

4.    Global Dispensing Robots Market  Estimates & Forecast Trend Analysis, By Operational range

4.1.  Global Dispensing Robots Market Revenue (US$ Mn) Estimates and Forecasts, By Operational range, 2023 to 2033

4.1.1.     200x200mm

4.1.2.     300x300mm

4.1.3.     400x400mm

4.1.4.     Up to 500 mm

5.    Global Dispensing Robots Market  Estimates & Forecast Trend Analysis, By End-Use Industry

5.1.  Global Dispensing Robots Market Revenue (US$ Mn) Estimates and Forecasts, By End-Use Industry, 2023 to 2033

5.1.1.     Pharmaceutical

5.1.2.     Healthcare

5.1.3.     Automotive

5.1.4.     Chemical

5.1.5.     Electronics and Electrical

6.    Global Dispensing Robots Market  Estimates & Forecast Trend Analysis, By Product type

6.1.  Global Dispensing Robots Market Revenue (US$ Mn) Estimates and Forecasts, By Product type, 2023 to 2033

6.1.1.     6-axis robots

6.1.2.     SCARA robots

6.1.3.     Articulated robots

6.1.4.     Cylindrical robots

7.    Global Dispensing Robots Market  Estimates & Forecast Trend Analysis, By Region

7.1.  Global Dispensing Robots Market Revenue (US$ Mn) Estimates and Forecasts, By Region, 2023 to 2033

7.1.1. North America

7.1.2. Europe

7.1.3. Asia Pacific

7.1.4. Middle East & Africa

7.1.5. South America

8.    North America  Dispensing Robots Market: Estimates & Forecast Trend Analysis

8.1.  North America Dispensing Robots Market Assessments & Key Findings

8.1.1.     North America Dispensing Robots Market Introduction

8.1.2.     North America Dispensing Robots Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  Based on the Operational range

8.1.2.2.  Based on End-Use Industry

8.1.2.3.  Based on Product type

8.1.2.4.  By Country

8.1.2.4.1.   The U.S.

8.1.2.4.2.   Canada

8.1.2.4.3.   Mexico

9.    Europe  Dispensing Robots Market: Estimates & Forecast Trend Analysis

9.1.  Europe Dispensing Robots Market Assessments & Key Findings

9.1.1.    Europe Dispensing Robots Market Introduction

9.1.2.    Europe Dispensing Robots Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.  Based on the Operational range

9.1.2.2.  Based on End-Use Industry

9.1.2.3.  Based on Product type

9.1.2.4.  By Country

9.1.2.4.1.   Germany

9.1.2.4.2.   U.K.

9.1.2.4.3.   France

9.1.2.4.4.   Italy

9.1.2.4.5.   Spain

9.1.2.4.6.   Russia

9.1.2.4.7.   Rest of Europe

10.  Asia Pacific  Dispensing Robots Market: Estimates & Forecast Trend Analysis

10.1. Asia Pacific Market Assessments & Key Findings

10.1.1.  Asia Pacific Dispensing Robots Market Introduction

10.1.2.  Asia Pacific Dispensing Robots Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.  Based on the Operational range

10.1.2.2.  Based on End-Use Industry

10.1.2.3.  Based on Product type

10.1.2.4.  By Country

10.1.2.4.1.          China

10.1.2.4.2.          Japan

10.1.2.4.3.          India

10.1.2.4.4.          Australia

10.1.2.4.5.          South Korea

10.1.2.4.6.          ASEAN

10.1.2.4.7.          Rest of Asia Pacific

11.  Middle East & Africa  Dispensing Robots Market: Estimates & Forecast Trend Analysis

11.1. Middle East & Africa Market Assessments & Key Findings

11.1.1.  Middle East & Africa  Dispensing Robots Market Introduction

11.1.2.  Middle East & Africa   Dispensing Robots Market Size Estimates and Forecast (US$ Million)  (2023 to 2033)

11.1.2.1.  Based on the Operational range

11.1.2.2.  Based on End-Use Industry

11.1.2.3.  Based on product type

11.1.2.4.  By Country

11.1.2.4.1.  U.A.E.

11.1.2.4.2.  Saudi Arabia

11.1.2.4.3.  Egypt

11.1.2.4.4.  South Africa

11.1.2.4.5.  Rest of Middle East & Africa

12.  South America  Dispensing Robots Market: Estimates & Forecast Trend Analysis

12.1. South America Market Assessments & Key Findings

12.1.1.  South America Dispensing Robots Market Introduction

12.1.2.  South America Dispensing Robots Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

12.1.2.1.  Based on the Operational range

12.1.2.2.  Based on End-Use Industry

12.1.2.3.  Based on product type

12.1.2.4.  By Country

12.1.2.4.1.  Brazil

12.1.2.4.2.  Argentina

12.1.2.4.3.  Colombia

12.1.2.4.4.  Rest of South America

13.  Competition Landscape

13.1. Global Dispensing Robots Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2. Global Dispensing Robots Market Concentration & Company Market Shares (%) Analysis, 2022

14.  Company Profiles

14.1.    Techcon.

14.1.1.    Company Overview & Key Stats

14.1.2.    Financial Performance & KPIs

14.1.3.    Product Portfolio

14.1.4.    Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

14.2.    Dispense Works

14.3.    Fanuc

14.4.    Mitsubishi Electric

14.5.    Kawasaki Robotics

14.6.    ABB

14.7.    ESYS Automation

14.8.    Yaskawa Motoman

14.9.    Nordson Corporation

14.10. Simplimatic Engineering Holdings LLC

14.11. Others**

15.  Research Methodology

15.1. External Transportations / Databases

15.2. Internal Proprietary Database

15.3. Primary Research

15.4. Secondary Research

15.5. Assumptions

15.6. Limitations

15.7. Report FAQs

16.  Research Findings & Conclusion

 

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Case Study- Automotive Sector

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