Germany Pharmaceutical Robots Market Size & Outlook
Germany pharmaceutical robots market, 2016-2030 (US$M)
Related Markets
Germany pharmaceutical robots market highlights
- The Germany pharmaceutical robots market generated a revenue of USD 8.9 million in 2023 and is expected to reach USD 13.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 6.6% 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.
Pharmaceutical robots market data book summary
| Market revenue in 2023 | USD 8.9 million |
| Market revenue in 2030 | USD 13.9 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Traditional robots |
| Fastest growing segment | Collaborative Robots |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 4.5% of the global pharmaceutical robots market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany pharmaceutical robots market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Pharmaceutical Robots Market Scope
Pharmaceutical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 62.92% in 2023. Horizon Databook has segmented the Germany pharmaceutical robots market based on traditional robots, collaborative robots covering the revenue growth of each sub-segment from 2016 to 2030.
Rapid development of robotics coupled with the incorporation of Artificial Intelligence (AI) is increasing penetration of advanced robotics solution in pharmaceutical industry. In addition, increasing emphasis on laboratory automation is contributing to the increased demand for pharmaceutical robots. This, in turn, is driving the pharmaceutical robots market.
Continuous replacement of traditional machinery with advanced robots owing to their ability to provide work efficiency & accuracy and eliminate unnecessary human errors is further propelling the adoption of pharmaceutical robots in the country. Moreover, ongoing COVID-19 pandemic coupled with increase in product launches, partnerships, investments, and company expansion is anticipated to drive the market growth in Germany.
For instance, in August 2020, Gizelis Robotics announced the expansion of its network in Germany. The expansion is a testament to Yaskawa Electric Corporation’s confidence in the company and its ability to support high-demand robotics applications in Europe.
Reasons to subscribe to Germany pharmaceutical robots market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany pharmaceutical robots market databook
-
Our clientele includes a mix of pharmaceutical robots market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany pharmaceutical robots market , including forecasts for subscribers. This country databook contains high-level insights into Germany pharmaceutical robots market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany pharmaceutical robots market size, by type, 2016-2030 (US$M)
Germany Pharmaceutical Robots Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
