Global Pharmaceutical Robots Market Grow at a CAGR of +13% by 2021 according to new research

The Reports projects The Pharmaceutical Robots Market to Grow at a CAGR of +13% The traditional robots segment is expected to command the largest share of the global market, by type in 2016. The traditional robots segment is further categorized into articulated, SCARA (selective compliance articulated robot arm), delta/parallel, Cartesian, and other robots (which include spherical and dual-arm robots). The articulated robots segment accounted for the largest share of the global
pharmaceutical traditional robots market in 2016. However, the cartesian robots segment is projected to register the highest CAGR from 2016 to 2021. The cost of a cartesian robot is comparatively less as compared to the other types of traditional pharmaceutical robots available in the market. Additionally, these robots are easier to program and use less floor space. Such advantages are contributing to their high growth.
Pharmaceutical Robots Market, by Type is studied on the basis of : Traditional Robots, Articulated Robots, SCARA (Selective Compliance Articulated Robot Arm) Robots, Delta/Parallel Robots, Cartesian Robots, Other Robots (spherical robots and dual-arm robots), Collaborative Robots By Application: Picking and Packaging, Laboratory Applications, Inspection of Pharmaceutical Drugs, Laboratory Applications, By Region: North America, U.S., Canada, Europe, Germany, Rest of Europe (RoE) Asia-Pacific, Japan, China, Rest of Asia-Pacific (RoAPAC), Rest of the World (RoW)

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Asia-Pacific is expected to account for the largest share of the global pharmaceutical robots market, by region in 2016. The large share and high growth of Asia-Pacific can be attributed to the increase in domestic industrial robot companies, flourishing pharmaceutical industry, increasing number of conferences and exhibitions, investment and funding in the industrial robots industry, and Japan’s Robot Strategy.
The market witnesses high competitive intensity, as there are several big and small firms with similar product offerings. These companies adopt various strategies (marketing and promotional activities; expansions; agreements, alliances, collaborations, & partnerships; product launches; acquisitions; product enhancements, market developments, funding, restructuration, and rebranding) to increase their market shares and establish a strong foothold in the global pharmaceutical robots market.
The Pharmaceutical Robots market is analyzed thoroughly in this search report and an in-depth study has been carried out in this report. The report dwells on all aspects of the global Pharmaceutical Robots market, including its value chain dynamics, the legislative framework regulating its growth, and the market’s competitive landscape. The statistical data revealing the importance of various applications of in the global perspective are all profiled in detail, including historical data illustrating the market’s development path and future projections based on 360-degree analysis of reliably gathered market figures. This facilitates an easily understandable and invaluable look into the determinant growth trends seen to take shape in the Pharmaceutical Robots market’s development trajectory.
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The report includes the study of key players of the market such as Kawasaki Heavy Industries Ltd. (Japan), FANUC Corporation (Japan), KUKA AG (Germany), Mitsubishi Electric Corporation (Japan), ABB Ltd. (Switzerland), Denso Corporation (Japan), Seiko Epson Corporation (Japan), Marchesini Group S.p.A (Italy), Universal Robots A/S (Denmark), Yaskawa Electric Corporation (Japan), and Shibuya Corporation (Japan).
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