The dispensing robots market is expected to record a CAGR of 13.8% during the forecast period 2022 to 2032, up from US$ 1.5 Billion in the year 2022 to reach a valuation of US$ 5.46 Billion by 2032. The dispensing robots market is anticipated to show promising growth prospects in the forecasted period 2022 to 2032.
The changing nature of manufacturing and labor, combined with differing consumer perspectives, has significantly aided in the development of dispensing robots. The automation, logistics, and pharmaceutical industries are all suffering from a severe labour shortage. Dispensing robots are also widely used in environments where safety is a major concern.
The growing emphasis on workplace safety is another factor driving the growth of the dispensing robots market. Furthermore, robot simplicity, ease of installation and operation, and advances in machine learning will drive numerous robotic developments in the coming years.
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In addition, the advent of big data, the expansion of the (IoT), and advances in connectivity are factors that have opened doors for the new breed of intelligent technology. The aforementioned factors are likely to push the dispensing robots market growth over the forecast period.
However, a lack of knowledge regarding robotic integration, and expertise in programming, along with complexity in automation and the unpredictable nature of the machine may obstruct the growth of the dispensing robots market.
Which Region Holds the Highest Growth Potential in the Dispensing Robots Market?
The Asia Pacific dispensing robots market is expected to gain the most market share. Many manufacturers in the region use smart sensors to integrate existing equipment so that they can provide robust visibility in their operations across the region.
In addition, North America is home to a large number of manufacturers who are utilizing cloud technologies and investing heavily in research and development in an effort to reduce labour costs.
Moreover, APAC has showcased a high adoption rate towards the promotion and marketing of dispensing robots in the recent past, which is expected to boost the growth of the global market. Europe is expected to hold a significant share in the dispensing robots market due to the adoption of these robots in the e-commerce and hospitality industries across the region.
Dispensing Robots offer numerous benefits and superior control over fluid placements, placements of arcs, beads, repeated timed dots, and others. Dispensing robots are commonly used for fluid dispensing.
Dispensing robots are easily programmed using smart PC-based software and are simple to operate. Technical innovations such as touch screen programming and CAD/DXF file imports in intuitive software of dispensing robots allow the robots to automatically correct part misalignments, improve pattern recognition, and shorten lengthy programming.
Dispensing robots are likely to occupy many work areas in the coming years owing to factors such as software advancements along with developments and improvements in grippers, sensors, and accessories that are deployed in the systems.
Key companies profiled:
- Techcon.,
- Dispense Works, Inc.,
- Fanuc, Mitsubishi Electric,
- Kawasaki Robotics,
- ABB,
- ESYS Automation,
- Yaskawa Motoman,
- Nordson Corporation,
- Simplimatic Engineering Holdings LLC.
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Key Segments Profiled in Dispensing Robots Market
By Product Type:
- 6-axis robots
- SCARA robots
- Articulated robots
- Cylindrical robots
By Operational Range:
- 200x200mm
- 300x300mm
- 400x400mm
- Up to 500 mm
By End Use Industry:
- Pharmaceutical
- Healthcare
- Automotive
- Chemical
- Electronics and Electrical
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- Middle East & Africa
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