Dispensing Robot Market

Dispensing Robot Market Outlook (2023-2033)

The global dispensing robot market is expected to reach a valuation of US$ 1.3 billion in 2023 and is expected to progress at a CAGR of 7.7% to reach US$ 2.9 billion by the end of 2033.

In 2023, the global robot market is estimated to be valued around US$ 38.6 billion. Sales of dispensing robot accounted for nearly 3.6% share of the global robot market at the end of 2022.

Report Attributes	Details
Dispensing Robot Market Size (2022A)	US$ 1.2 billion
Estimated Market Value (2023E)	US$ 1.3 billion
Forecasted Market Value (2033F)	US$ 2.9 billion
Global Market Growth Rate (2023-2033)	7.7% CAGR
North America Market Share (2023)	~17.3%
North America Market Value (US$ Mn), 2023	US$ 240.2 million
Europe Market Share (%), 2023	~21.7%
Europe Market Value (US$ Mn), 2023	US$ 302 million
China Market Share (%), 2023	~ 32.5%
China Market Value (US$ Mn)	US $ 451.5 million
Market Share of Top 3 Countries	~56.3%
Key Companies Profiled	ABB ESYS Automation Techcon Systems Everprecision Fanuc Fisnar, Inc. Iwashita Engineering Janome Kawasaki Robotics KUKA Mitsubishi Electric Musashi Nordson EFD Saejong Yaskawa Motoman

Sales Analysis of Dispensing robot (2018-2022) Vs. Market Outlook (2023-2033)

Dispense robots have multiple advantages and provide greater control over liquid placement, bead placement, arc placement, timing point repetition, and more. These robots are commonly used for liquid dispensing purposes and are easily programmed with intelligent PC-based software.

Innovations such as importing CAD/DXF files into the dispensing robot's intuitive software, touch screen programming, etc. allow the robot to automatically correct any part of misalignment, shorten tedious programming, and pattern recognition. improve. Based on the above factors, dispensing robot revenue is projected to reach US$ 1.3 billion in 2023, growing at a CAGR of 7.7%.

• Short Term (2023 Q1 to 2026): Growing pharmaceuticals industry will positively impact dispensing robot market growth.
• Medium Term (2026- 2029): The North American and European countries such as U.S, Germany, France and others are anticipated to witness comparatively high demand for dispensing robot demand due to increasing pharmaceutical sector.
• Long Term (2029- 2033): Adopting new advanced technology like smart sensors that can detect or map the level of fluid can open new opportunities for dispensing robot market players.

From 2018 to 2022, the global market for dispensing robot registered a CAGR of 6.2%. Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 7.7% CAGR between 2023 and 2033.

Market share analysis of dispensing robot based on axis and region is provided in the above image. Under the axis segment, 4 axis and below sub-segment dominates with 44.3% market share in 2023.

What’s Driving High Demand for Dispensing robot across Regions?

“Rising Workplace Safety to Elevate the Dispensing Robot Market Growth”

Opportunities in the market are being created by the evolving nature of manufacturing and the alignment with various customer viewpoints. There is a lack of productive and competent people in the pharmaceutical, automation, and logistics industries. Hence, such robots are appropriate in situations where safety is important.

Additionally, in the upcoming years, there will be a lot of advancements in robotics due to rapid advances in machine learning, robot simplification, and ease of installation and operation. The automated dispensing robots and pharmacy support employees can now securely and partially share the dispensing duties of pharmacists due to the robot dispensing system.

Therefore, by assuring the quality and safety of medicines, pharmacists may be able to provide patients with better clinical care. The market is expanding as a result of rising demand for worker safety.

“Increasing Automation of Dispensing Robot in Automotive Industry”

The demand for automated operations that assist lower manufacturing costs, time, and output while operating effectively is credited with driving the growth of the global market for dispensing robots. Increased automation across a number of industries, including rubber, plastics, chemicals, and electrical & electronics, is another cause.

To assist lower production costs and time while maintaining higher production, these industries use dispensing robots for tasks like painting, and polishing units that are closer together. Another factor boosting the market's expansion is the rapid adoption of automation in automotive sector as a result of rising demand for machines that go through assembly lines. As a result, it is anticipated that the global market for dispensing robots will rise impressively during forecast period.

What Do Dispensing Robot Manufacturers Need to Watch Out?

“Software Breakdown Can Hamper the Market Growth”

The robots (machine) are generally programmable and run by a program on the computer, which can often lead to breakdowns. The registration and loading of the drug into the machine can take a lot of time as it has to be done very precisely to avoid further problems. Sudden breakdown of software inbuilt in the robots is always a constant threat for its end users.

The drugs used are one of the major components of medical therapy in pharmaceutical industry. Also, risks associated with the malfunction of the robots during such tedious tasks can hamper market growth. Pharmacy machines can also make mistakes, and if the wrong medication is accidentally inserted into the machine, the customer may receive medication they don't need long before they identify it. All these factors may hinder market expansion.

Country-wise Insights

Why U.S. is Expected to Drive Dispensing Robot Demand?

North America is home to a large number of manufacturers using cloud technology and investing heavily in R&D to reduce labor costs. It will help more and more dispensing robot manufacturers to make their robots affordable and increase their presence in domestic and international markets.

The United States has a high acceptance rate for dispensing robot promotions in the market which is expected to boost the market growth. Due to the adoption of these robots in different industries like pharmaceuticals, oil and gas, and others that are prevailing across the country, it is expected to hold a large share in the dispensing robot market. The United States is expected to obtain a market share of 15.6% at global level in 2023.

Why Chinese Dispensing Robot Market Expected to Be Highly Lucrative?

China is expected to grow with a market share of 68.3% in the East Asia region during the forecast period. Various technological advances and increased investment in robotics research and development in the region will increase the market share of dispenser robots.

With increasing population, consumer demand and consumption, automation has increased especially in the manufacturing sector, driving the market growth of the country. China and other East Asian countries have introduced dispenser robots in many industries to increase productivity and reduce human labor. Therefore, China's dispenser robot market is expected to reach a valuation of US$ 451.5 million in 2023.

Category-wise Insights

Why is Articulated Robots a Popular Segment in Dispensing Robot Market?

Articulated robots have a high payload capacity and can complete tasks very quickly and accurately. Additionally, the growing global electronics manufacturing services (EMS) industry also acts as another growth driver. These robots are widely used to perform various functions such as welding and palletizing with excellent positioning ability and repeatability.

Its capabilities also include managing minimal electronic components while minimizing the overall installation time and cost of implementing a robotic solution. Owing to the above facts, the articulate robot sub-segment of the dispensing robot market is expected to reach valuation of US$ 325.6 million by the end of 2032.

How Electrical & Electronics Industry is Poised to Drive Dispensing Robot Market?

With a rise in demand for electronic products like smartphones, laptops, etc., the use of dispensing robots in the electrical and electronics industry is gradually expanding.

Automation has been employed more frequently by manufacturers to lower production costs and output time while functioning effectively as a result of rising competition from businesses across the world to make more electronics products in a shorter amount of time.

Here, dispensing robots are frequently employed for jobs like painting, sandblasting, and buffing that save enterprises time and money on production. As a result, there would be an increase in demand for electrical & electronics industry, which is expected to have a market value of about to be around US$ 366 million in 2023.

Competitive Landscape

Prominent dispensing robot manufacturers are ABB, ESYS Automation Techcon Systems, Everprecision, Fanuc, Fisnar, Inc., Iwashita Engineering, Janome, Kawasaki Robotics, KUKA, Mitsubishi Electric, Musashi, Nordson EFD, Saejong, Yaskawa Motoman

Modern robots and their peripherals are in high demand, which enables market participants to broaden their product lines. Market players are investing more money and resources in R&D while trying to increase their regional presence.

Some of the key developments are :

• In January 2022, Mitsubishi Electric and Cartken had established a partnership to set up a few of the latter's delivery robots at a Japanese shopping centre to bring food to customers of Starbucks first.
• In April 2022, Ready Robotics and Kawasaki Robotics had announced a collaboration to bring Reddy's Forge/OS software to Kawasaki robot hardware. This collaboration simplifies the setup, programming, and deployment of automation and helps alleviate common end-user pain points.

Fact.MR has provided detailed information about the price points of key manufacturers of dispensing robot positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Dispensing Robot Industry Research

• By Product Type :

  • Articulated robots
  • Cartesian robots
  • SCARA robots
  • Other robots

• By Axis :

  • 4 Axis and Below
  • 5 Axis
  • 6 Axis and Above

• By Operational Range :

  • 200*200mm
  • 300*300mm
  • 400*400mm
  • Above 500*500 mm

• By End Use Industry :

  • Automotive
  • Chemical
  • Food & Beverages
  • Healthcare
  • Electrical & Electronics
  • Oil & Gas
  • Pharmaceutical
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East and Africa (MEA)