Market Overview:
The global modular automation market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the modular automation market can be attributed to the increasing demand for automated systems across various industries. The biochemical module segment is expected to grow at the highest CAGR during the forecast period, owing to the increasing demand for automated systems in biotechnology and pharmaceutical industries. The immune module segment is also expected to witness high growth during the forecast period, owing to rising demand for automated systems in diagnostics and medical laboratories. North America accounted for majority of share of global modular automation market in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
In industrial engineering and operations research, modular automation is a type of automation that uses small, interchangeable modules to control a process. The benefits of modular automation include easy installation and replacement of modules, as well as the ability to reconfigure or upgrade a system with minimal downtime.
Biochemical Module:
Biochemical module is a combination of hardware and software that allows the user to carry out biochemical experiments by using computer as an interface. The primary function of a biochemical module is to provide accurate and reliable experimental results in minimal time. It also helps in reducing the labor intensity associated with traditional methods, thereby increasing productivity.
Immune Module:
Immune modules are electronic components that process and analyze the data from immune system. It is used for measuring, stimulating, and modulating the immune response. Immune module helps in monitoring various aspects of the adaptive as well as innate immunity such as cytokines, chemokines & growth factors, antibody levels & cell count etc.
Application Insights:
The biochemical immunity application segment accounted for the largest revenue share in 2017. This is owing to its wide usage in biologics production and its ability to protect the immunization process. Modular automation systems are also used for processing, packaging, and testing of food additives, colors, flavors as well as drugs & vaccines. The blood application segment is expected to witness lucrative growth over the forecast period due to its increasing use across major markets such as U.S., Canada, Germany etc.
The Latin America market has witnessed significant growth over the recent past with countries such as Brazil emerging as a key manufacturing hub for several products including automobiles.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of major players, technological advancements, and high demand for automation in research laboratories and hospitals. In addition, increasing investments by governments for developing new therapies through biotechnology is expected to propel growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising healthcare expenditure by governments as well as private organizations coupled with growing awareness regarding advanced technologies such as modular automated systems among patients & practitioners. Moreover, increasing initiatives taken up by regulatory authorities are also expected favorably impact regional market development over the next eight years (2030).
Growth Factors:
- Increasing demand for modular automation from automotive and electronics industries to drive the market growth.
- Rising demand for miniaturization and integration in industrial automation systems is expected to boost the modular automation market growth over the forecast period.
- Proliferation of Industry 4.0 concept is anticipated to create numerous opportunities for modular automation market during the forecast period.
- Growing investments in research and development activities by key players is expected to propel the modular automation market growth over next few years
- Increasing trend of using robots for human assistance in various end-use applications is projected to fuel the demand for modular robotics over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Modular Automation Market Research Report
By Type
Biochemical Module, Immune Module
By Application
Biochemical Immunity, Blood, Urine
By Companies
Hitachi, Beckman, Tecan, Roche, Abbot, Siemens, Thermo Fisher, Tomtec, Mindry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Modular Automation Market Report Segments:
The global Modular Automation market is segmented on the basis of:
Types
Biochemical Module, Immune Module
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Biochemical Immunity, Blood, Urine
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi
- Beckman
- Tecan
- Roche
- Abbot
- Siemens
- Thermo Fisher
- Tomtec
- Mindry
Highlights of The Modular Automation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Biochemical Module
- Immune Module
- By Application:
- Biochemical Immunity
- Blood
- Urine
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Modular Automation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Modular automation is a software development process that breaks down the larger project into smaller, more manageable tasks. This allows for better communication and coordination between team members, as well as faster turnaround times.
Some of the key players operating in the modular automation market are Hitachi, Beckman, Tecan, Roche, Abbot, Siemens, Thermo Fisher, Tomtec, Mindry.
The modular automation market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modular Automation Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Modular Automation Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Modular Automation Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Modular Automation Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Modular Automation Market Size & Forecast, 2020-2028 4.5.1 Modular Automation Market Size and Y-o-Y Growth 4.5.2 Modular Automation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Biochemical Module
5.2.2 Immune Module
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Biochemical Immunity
6.2.2 Blood
6.2.3 Urine
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modular Automation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Modular Automation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Biochemical Module
9.6.2 Immune Module
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Biochemical Immunity
9.10.2 Blood
9.10.3 Urine
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Biochemical Module
10.6.2 Immune Module
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Biochemical Immunity
10.10.2 Blood
10.10.3 Urine
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Biochemical Module
11.6.2 Immune Module
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Biochemical Immunity
11.10.2 Blood
11.10.3 Urine
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Biochemical Module
12.6.2 Immune Module
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Biochemical Immunity
12.10.2 Blood
12.10.3 Urine
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Biochemical Module
13.6.2 Immune Module
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Biochemical Immunity
13.10.2 Blood
13.10.3 Urine
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Modular Automation Market: Competitive Dashboard
14.2 Global Modular Automation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi
14.3.2 Beckman
14.3.3 Tecan
14.3.4 Roche
14.3.5 Abbot
14.3.6 Siemens
14.3.7 Thermo Fisher
14.3.8 Tomtec
14.3.9 Mindry