The global fluid dispensing systems market size is anticipated to be valued
at USD 56.08 billion by 2025, according to a new report by Grand View Research,
Inc. It is anticipated to register a CAGR of 6.7% during the forecast period.
Increasing usage in electrical and electronics for semiconductor packaging and
circuit board assembly is projected to drive the demand for Fluid Dispensing
Systems (FDS).
The continuous evolution in dispensing
systems manufacturing techniques has resulted in a continuously improving and
widening application scenario for these systems as compared to their
traditional counterparts. Fluid dispensing systems are primarily responsible
for the controlled flow of liquids such as solvents, inks, and glues for
diverse applications including medical devices and electrical and electronics
assembly.
The fluid dispensing systems market is
anticipated to benefit substantially from the revolutionized automotive
industry across the globe. Rising need for dispensing liquids in manufacturing
of machine parts such as wheel bearings, engine parts, oil seals, and motor is
expected to propel demand. The systems help improve production efficiency while
reducing the chance for errors, which is a key factor fueling the market.
On the basis of product, the FDS market is
segmented into flux, lubricant, solder paste, adhesives and sealants, conformal
coatings, and others. In terms of revenue, the adhesives and sealants was
valued at USD 11.60 billion in 2018. The segment is projected to account for
the largest market share over the forecast period.
On the basis of application, the market is
segmented into electrical and electronics assembly, medical devices,
transportation, construction, and others. Electrical and electronics assembly
was the dominant application segment and accounted for 34.18% of the market
share in terms of revenue in 2018. The segment is expected to expand at a CAGR
of 7.0% from 2019 to 2025 owing to rising consumer disposable income and
preferences towards miniaturized and pocket friendly devices at an affordable
cost.
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https://www.grandviewresearch.com/industry-analysis/fluid-dispensing-systems-market
https://www.grandviewresearch.com/industry-analysis/fluid-dispensing-systems-market
Further key findings from the report suggest:
· The U.S. fluid dispensing system market
revenue is projected to register a CAGR of 5.8% over the forecast period. U.S.
is among the largest consumers of FDS. The growth in import of machine is
majorly compelled by growing demand from electronics, transportation and
medical device industries, owing to government regulations that encourage and
support lower resource wastage that contribute to cost and energy savings
· Germany, in terms of revenue, is projected
to reach over USD 7.18 billion over the forecast period. Growing demand for
bio-based lubricants in transportation industry owing to regulatory
intervention promoting sustainable and renewable products has generated high
demand for controlled applicators and robotic dispensing system
· China is the largest market for fluid
dispensing system in Asia Pacific and is anticipated to reach USD 10.29 billion
in 2025. The country having largest population in the world and high growth in
automotive and electronics industries, is anticipated to hold the largest share
of the regional market.
· Some of the key market players are Graco,
Protec Co. Ltd.; Fisnar Inc.; Speedline Technologies; Techcon Systems; Henline
Adhesive Equipment Corp.; and GPD Global Inc.
Grand View Research has segmented the
global fluid dispensing system market on the basis of product, application, and
region:
Fluid Dispensing Systems Product Outlook
(Revenue, USD Million, 2015 - 2025)
·
Flux
·
Lubricant
·
Solder Paste
·
Adhesives & Sealants
o
Epoxy Adhesives
o
Epoxy Underfill
o
Others
·
Conformal Coatings
·
Other
Fluid Dispensing Systems Application Outlook (Revenue, USD Million, 2015 -
2025)
·
Electrical & Electronics Assembly
o
Semiconductor Packaging
o
Printed Circuit Boards
o
Others
·
Medical Devices
·
Transportation
·
Construction
·
Others
Fluid Dispensing Systems Regional Outlook
(Revenue, USD Million, 2015 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
U.K.
·
Asia Pacific
o
China
o
Japan
o
India
·
Central & South America
·
Middle East and Africa
About Grand View Research
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
