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Pharmaceutical Robots Market projected to reach USD 119.5 million by 2021 from USD 64.4 million in 2016, at a CAGR of 13.2%

Press Release   •   Jun 01, 2017 02:27 GMT

"Pharmaceutical Robots Market projected to reach USD 119.5 million by 2021 from USD 64.4 million in 2016, at a CAGR of 13.2% – Global Forecast to 2021" published in June 2017. It is a professional and in-depth study.

Summary

Market Research Report Storeannounces a new report"Pharmaceutical Robots Market"added to its database.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.

Detailed TOC Of Report @

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The picking and packaging segment accounted for the largest share of the global pharmaceutical robots market, by application in 2016. Factors such as demand for personalized packaging configurations and advantages of robots in pharmaceutical manufacturing such as high speed, accuracy, ability to track and trace, error-free operation, fewer accidents, and better utilization of the floor space are contributing to the large share of the picking and packaging segment.

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.

In-depth interviews were conducted with CEOs, Sales and Marketing Directors, other innovation and technology directors, and executives from various key organizations operating in the pharmaceutical robots market.

§ By Company Type: Tier 1: 31%, Tier 2: 41%, Tier 3: 28%

§ By Designation: Director-level: 34%, C-level: 45%, Others: 21%

§ By Region: North America: 35%, Europe: 24%, APAC: 31%, RoW: 10%

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).

Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn helps firms to garner a greater market share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies to strengthen their market shares.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the products and services offered by top players in the pharmaceutical robots market. The report analyzes the pharmaceutical robots market by type and application.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the pharmaceutical robots market
  • Market Development: Comprehensive information about lucrative emerging markets.
  • Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the pharmaceutical robots market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and distribution networks of the leading players in the pharmaceutical robots market
  • and opportunities.

    TABLE OF CONTENTS

    1 INTRODUCTION 16

    1.1 OBJECTIVES OF STUDY 16

    1.2 MARKET DEFINITION 16

    1.3 MARKET SCOPE 16

    1.3.1 MARKETS COVERED 17

    1.3.2 YEARS CONSIDERED FOR THE STUDY 17

    1.4 CURRENCY 18

    1.5 LIMITATIONS 18

    1.6 STAKEHOLDERS 18

    2 RESEARCH METHODOLOGY 19

    2.1 RESEARCH METHODOLOGY STEPS 19

    2.2 SECONDARY AND PRIMARY RESEARCH METHODOLOGY 20

    2.2.1 SECONDARY RESEARCH 20

    2.2.2 PRIMARY RESEARCH 21

    2.2.3 KEY INDUSTRY INSIGHTS 22

    2.3 KEY DATA FROM PRIMARY SOURCES 23

    2.4 KEY INSIGHTS FROM PRIMARY SOURCES 23

    2.5 MARKET SIZE ESTIMATION METHODOLOGY 24

    2.6 RESEARCH DESIGN 25

    2.7 MARKET DATA VALIDATION AND TRIANGULATION 26

    2.8 ASSUMPTIONS FOR THE STUDY 27

    3 EXECUTIVE SUMMARY 28

    4 PREMIUM INSIGHTS 32

    4.1 PHARMACEUTICAL ROBOTIC SYSTEMS: MARKET OVERVIEW (2016–2021) 32

    4.2 PHARMACEUTICAL ROBOTIC SYSTEMS MARKET SIZE, BY TYPE, 2016 VS. 2021 (USD MILLION) 32

    4.3 GEOGRAPHIC ANALYSIS: PHARMACEUTICAL ROBOTICS MARKET, BY TYPE OF TRADITIONAL ROBOT (2016) 33

    4.4 GEOGRAPHIC SNAPSHOT OF THE PHARMACEUTICAL ROBOTIC SYSTEMS MARKET 34

    4.5 PHARMACEUTICAL ROBOTIC SYSTEMS MARKET, BY APPLICATION (2016 VS. 2021) 35

    5 MARKET OVERVIEW 36

    5.1 INTRODUCTION 37

    5.2 MARKET DYNAMICS 37

    5.2.1 DRIVERS 38

    5.2.1.1 Benefits offered by robotic systems in pharmaceutical manufacturing 38

    5.2.1.2 Conferences and exhibitions to raise awareness of robotic systems in pharmaceutical manufacturing 39

    5.2.2 RESTRAINT 40

    5.2.2.1 Lack of skilled personnel to work in automated manufacturing units 40

    5.2.3 OPPORTUNITY 41

    5.2.3.1 Increased demand for collaborative robots in manufacturing facilities 41

    5.2.4 CHALLENGE 41

    5.2.4.1 Manufacturing advanced robotic systems that meet the requirement of consumers in the era of Industrial Internet of Things

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    Market Research Report Store

    About Market Research Report Store

    Market Research Report Store is one of the most fast-growing and professional online platforms for industry reports, market reports, and professional surveys. Our collection covers more than 100 global markets. We have cooperated with leading publishers and consultant companies to offer the best market intelligence products to our clients with instant access to our database.

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