Asia Pacific Pharmaceutical Robots Market Size & Outlook
Asia Pacific pharmaceutical robots market, 2016-2030 (US$M)
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Asia Pacific pharmaceutical robots market highlights
- The Asia Pacific pharmaceutical robots market generated a revenue of USD 133.2 million in 2023.
- The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, traditional robots was the largest revenue generating type in 2023.
- Collaborative Robots is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 133.2 million |
| Market revenue in 2030 | USD 235.1 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Traditional robots |
| Fastest growing segment | Collaborative Robots |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traditional Robots, Collaborative Robots |
| Key market players worldwide | ABB Ltd, Teradyne Inc, Kawasaki Heavy Industries Ltd, YASKAWA Electric Corp, Fanuc Corp, Marchesini Group, Seiko Epson Corp, Denso Corp, Mitsubishi Electric Corp, KUKA Robotics |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 66.7% of the global pharmaceutical robots market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 43.2 million by 2030.
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Pharmaceutical Robots Market Scope
Pharmaceutical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pharmaceutical robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical robots market will help companies and investors design strategic landscapes.
Traditional robots was the largest segment with a revenue share of 62.99% in 2023. Horizon Databook has segmented the Asia Pacific pharmaceutical robots market based on traditional robots, collaborative robots covering the revenue growth of each sub-segment from 2016 to 2030.
Asia Pacific dominated the pharmaceutical robots market in 2020, due to the booming pharmaceutical as well as industrial robotics market. Key countries in Asia Pacific region include Japan, China, and India. Majority of the countries in this region are developing nations that are witnessing faster adoption of technologically advanced products.
China is the largest industrial robots market according to IFR. The national government in the 5-year plan stated that production of industrial robots in China is expected to increase to 100,000 by 2020.
According to IFR, in 2018, around 154,032 industrial robot units were sold in the country, which is considerably more than the total sales volume of Europe and the Americas together (130,772 units). This high growth is mainly due to the rise in production of robots by foreign suppliers in China.
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Our clientele includes a mix of pharmaceutical robots market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pharmaceutical robots market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pharmaceutical robots market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pharmaceutical robots market size, by country, 2016-2030 (US$M)
Asia Pacific Pharmaceutical Robots Market Outlook Share, 2023 & 2030 (US$M)
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