A Dispensing robot is defined as a machine that is used to store original pack medication in a managed space and also to retrieve the packs at point of dispensing. The rise in industrial automation is what is driving the market for sealing and dispensing robots. Additionally, it is projected that the market for sealing and dispensing robots would expand faster due to the increase in 3D multi-imaging and image scanning.
The need for automation is growing as more businesses switch from using manual tools and equipment to robotic alternatives. The robots are effective for sealing and dispensing tasks because they boost output while enhancing product quality. Robots can handle increasingly complicated things thanks to their vision systems, larger cargo capacity, multi-axis dimensions, and longer arms for further reach.
The global dispensing robots market is valued at USD 1.5 billion in 2022 and is projected to reach a value of USD 5 billion in 2030 expanding at a CAGR of 13.8% over the forecast period of 2022-2030.
Global Dispensing Robots Market: Key Market Trends
Changing Nature Of Manufacturing And Labor Has Boosted The Market
One of the major factor that has boosted the market growth is the changing nature of manufacturing and labor over the forecast period. This feature is in conjunction with varying consumer views that has significantly contributed to the development of dispensing robots.
Also, automation, logistics, and pharmaceutical industries have been facing an acute shortage of skilled and efficient labours. Thus, dispensing robots are extensively being adopted in places where safety concerns are important issues.
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Global Dispensing Robots Market- Segmental Analysis:
Based on product type
- 6-axis robots
- SCARA robots
- Articulated robots
- Cylindrical robots
6-axis robots segment has dominated the market growth over the forecast period.
Based on Operational range
- 200x200mm
- 300x300mm
- 400x400mm
- Up to 500 mm
Based on End-Use Industry
- Pharmaceutical
- Healthcare
- Automotive
- Chemical
- Electronics and Electrical
Global Dispensing Robots Market: Geographical Analysis
The Global dispensing robots market is segmented into five main regions namely, North America, Europe, Asia Pacific, Latin America, and 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 Landscape:
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.
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