San Francisco, 27 December 2018, Fluid Dispensing Systems Market
Analysis By Product (Flux, Lubricant, Solder Paste, Adhesives & Sealants
(Epoxy Adhesives, Epoxy Underfill), Conformal Coatings) By Application
(Electrical & Electronics (Semiconductor Packaging, Printed Circuit Board),
Medical Devices, Automotive, Construction) And Segment Forecast To 2024
The global fluid dispensing systems market is
expected to reach USD 55.09 billion by 2024, according to a new report by Grand
View Research, Inc. Growing electronic components manufacturing in Southeast
Asia to drive growth. The trend towards miniaturization of electronic
components and industry automation are key growth driving factors for the
global fluid dispensing systems market. Recent innovations aimed at improving
production processes due to high consumer demand and gradually reducing
turn-around times have led to manufacturers adopting automated systems for
applying adhesives, sealants, coatings, and lubricants during their processes.
Technological innovations aimed
at improving product specifications is crucial for furthering competitiveness
among companies. Pricing and after sales are major factors consumers look for
in equipment brands. Value chain integration and an efficient supply network
are critical for businesses to improve their footprint and bring down costs
Industry automation, though
highly relevant across manufacturers in matured regions such as North America
and Europe, is expected to remain a major factor in the development of Asia
Pacific region. The region was valued at over USD 13.80 billion in 2015 and is
expected to maintain its dominance in the future.
Access Full Research
Report On Fluid Dispensing Systems Market Analysis:
www.grandviewresearch.com/industry-analysis/fluid-dispensing-systems-market
www.grandviewresearch.com/industry-analysis/fluid-dispensing-systems-market
Further key findings from the report suggest:
·
Adhesives & sealants and
lubricants dominated dispensing system types and accounted for nearly 60% of
the global revenue in 2015. Lubricant dispensers have been gaining wide spread
popularity owing to their diverse applications in automotive, electrical &
electronics, construction
·
Adhesive formulations are
gradually replacing traditional jointing mechanisms such as rivets and bolts in
various processes that include automotive & construction. A stable outlook
on future demand for adhesive & sealant products coupled with automation in
their application systems is expected to provide growth impetus for the product
segment
·
Electrical & electronics
applications promise high growth opportunities for fluid dispensing systems
with their usage in printed circuit boards and semiconductor packaging
·
Southeast Asia is expected to
remain a key region for electrical & electronics assembly applications
owing to the scale of semiconductor and printed circuit board manufacturing
·
Nordson and Henkel were the
leading companies in 2015. Key market participants with global presence include
Graco, Protec, Speedline, Musashi, ITW Dynatec, Valco Melton, and Dymax
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the fluid
dispensing systems market on the basis product, application and region:
Global Fluid Dispensing Systems
Product Outlook (Revenue, USD Million; 2014 - 2024)
·
Flux
·
Lubricant
·
Solder Paste
·
Adhesives & Sealants
o
Epoxy Adhesives
o
Epoxy Underfill
o
Others
·
Conformal Coatings
·
Others
Global Fluid Dispensing Systems
Application Outlook (Revenue, USD Million; 2014 - 2024)
·
Electrical & Electronics
Assembly
o
Semiconductor Packaging
o
Printed Circuit Boards
o
Others
·
Medical Devices
·
Automotive
·
Construction
·
Others
Global Fluid Dispensing Systems
Regional Outlook (Revenue, USD Million; 2014 - 2024)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
·
Middle East & Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-fluid-dispensing-systems-market
www.grandviewresearch.com/press-release/global-fluid-dispensing-systems-market
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.
For more information: www.grandviewresearch.com/