22-July-2019: 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.
In
depth research report on 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
·
Epoxy Adhesives
·
Epoxy Underfill
·
Others
·
Conformal Coatings
·
Other
Fluid Dispensing Systems Application Outlook (Revenue, USD
Million, 2015 - 2025)
·
Electrical & Electronics Assembly
·
Semiconductor Packaging
·
Printed Circuit Boards
·
Others
·
Medical Devices
·
Transportation
·
Construction
·
Others
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more research reports of this category:
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, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
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