Pharmaceutical Automation Sector to Reach $18.2 Billion by 2029

 

Meticulous Research®—leading global market research company published a research report titled, ‘Pharmaceutical Automation Market by Component (Plant-level Controls, Enterprise-level Controls, Plant Instrumentation), Mode of Automation (Semi-automatic, Fully-automatic), End User and Geography - Global Forecast to 2029.’

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The pharmaceutical automation market is projected to reach $18.2 billion by 2029, growing at a CAGR of 12% from 2022 to 2029. This growth is driven by the increasing use of robots in pharmaceutical manufacturing, government support for industrial development, investments in modernizing production facilities, and the rising demand for safe and digitized processes. Significant opportunities for market expansion are also expected due to the growing demand for Industrial Internet of Things (IIoT) solutions and the high demand for COVID-19 vaccine production.

However, high initial costs for automation hardware and software, along with limited skilled labor and cybersecurity risks, may pose challenges to market growth.

The market is segmented by component (including enterprise-level controls, plant instrumentation, and plant-level controls), mode of automation (semi-automatic and fully-automatic), end user (pharmaceutical and biotech industries), and geography. The enterprise-level controls segment is anticipated to hold the largest market share due to their benefits in enhancing productivity and reducing time-to-market. Semi-automatic systems are expected to dominate due to their blend of manual and machine-aided processes, while the pharmaceutical industry is projected to be the largest end-user segment due to its emphasis on continuous improvement and efficiency.

Geographically, Asia-Pacific is expected to lead the market, followed by Europe and North America, thanks to high technical awareness and robust production capabilities in countries like China, Japan, and Singapore. For instance, Thailand’s Mahidol University and the Institute of Molecular Biosciences utilize ABB’s YuMi cobots and industrial robots to handle virus and antibody samples, showcasing the region’s advanced pharmaceutical automation capabilities.

Key players in the market include ABB Group (Switzerland), Rockwell Automation (U.S.), Siemens AG (Germany), Yaskawa Electric Corporation (Japan), Schneider Electric (France), Yokogawa Electric Corporation (Japan), KUKA AG (Germany), Emerson Electric (U.S.), Fanuc (Japan), Honeywell International (U.S.), Mitsubishi Electric Corporation (Japan), OMRON Corporation (Japan), Advantech Co., Ltd. (Taiwan), and Fuji Electric Co., Ltd. (Japan).

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About Meticulous Research®:

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