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.
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
- 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.
