Global fluid dispensing system market was worth USD 35.62 Billion in 2018. It is expected to grow at 6.7% CAGR by 2025. The market for fluid dispensing systems (FDS), and equipment is expected to grow due to the growing demand in electrical and electronic industries.
The increasing adoption of new technologies in the automotive industry has given rise to a growing market. Manufacturers are developing new products to meet their specific needs, based on technological advances and increasing demand from different end-use industries. The demand for fluid dispensing systems for circuit assembly and packaging in semiconductor packaging is expected to rise due to the growing electrical and electronic industry in Asia Pacific, Middle East and Africa.
FDS provide high quality, reliable, repeatable and reliable solutions for various end-users, improving their manufacturing processes. To provide tailored solutions for diverse industries, manufacturers are focusing their R&D efforts.
The development of bio-based hot melting adhesives has been aided by rising environmental concerns and the favorable regulation of carbon emissions, such as those of the Registration, Evaluation, Authorization and Restriction of Chemicals Agency (REACH) and the Environmental Protection Agency (EPA). This trend will increase demand for hot-melt dispensers like pattern controllers and hot-melt app guns. Major growth drivers are the growing preference for packaged food and increased spending on construction projects.
The U.S. fluid dispenser systems market is driven by growing demand from the electronics, transport, and medical device sectors. Government regulations encourage and support lower resource wastage, which contributes to energy and cost savings. Because of their superior control and ability to apply repeated fluid patterns to substrates, robotic fluid dispensers are replacing manual applicators more frequently than ever before, they have a higher level of efficiency and can be controlled with greater precision.
Dispersing systems, which are equipment that helps in the precise application of fluids and sealants to manufacturing processes, can be described as equipment. Dispensing system manufacturing techniques have evolved continuously, resulting in an ever-expanding and more diverse application area.
Semi-conductor manufacturing, circuit assembly and development of advanced Integrated Circuit Encapsulation and Surface Mount Technology (SMT) are all examples of automated fluid dispensing. There are four main types of dispensing technologies that can be used in these applications: auger-pump, time-pressure, true positive displacement, jet, and pump dispensing.
The FDS market can be divided by product into flux, lubricant and solder paste, adhesives & sealants, conformal coatings and other products that include solvents, powders and inks.
The highest revenue share, at 32.57%, was held by adhesive and sealant segments in 2018. This is due to its wide range of applications across nearly all industries, including transport, building and construction, healthcare and electrical and electronic.
Lubricants accounted for 25% of the total market share, or 25.12% in revenue, in 2018. Lubricants can be used in many applications that require the components to function efficiently. They reduce friction between components, resulting in better performance and increased output.
The market is segmented based on its application. This includes medical devices, electrical and electronic assembly, transport, construction and other.
With a 34.18% market share in terms of revenue, electrical and electronics assembly was dominant. This segment is expected to grow at 7.0% between 2019 and 2025 due to increasing consumer disposable income and preference to have small, affordable devices that are pocket-friendly and cost-effective.
Automotive accounted for 24.31% in global market share and revenue in 2018. They are used primarily in the automotive, marine, as well as aerospace industries. The continuously improving technologies like automation are driving significant growth in the automotive sector. This is attracting customers from mature markets.
Due to the strong demand from the end-use industries like automotive and electrical, Asia Pacific is expected to dominate the market during the forecast period. This region accounted for 43.48% in 2018's total revenue share. China, India and Japan are the biggest markets in Asia Pacific, which are expected to positively impact the global FDS market. The growth will be further driven by an increase in disposable income and strong growth in the manufacturing sector.
Europe was second in revenue with 26.06% of the market share in 2018. This is due to high demand from many end-user industries. Germany and other recovering economies have seen an increase in disposable incomes and GDP growth rates. France and the U.K. are expected to see high demand for consumer electronics that have high multi-functionality, wearability, and durability.
The Middle East and Africa are experiencing high growth in consumer electronics. This is due to the growing awareness about carbon emissions in Brazil, Argentina and Venezuela's automotive industries.
Graco, Speedline Technologies, Speedline Technologies, Musashi Engineering Inc., GPD Global Inc., Fisnar Inc., Fisnar Inc., Intertronics, Valco Melton, Dymax Corp., Henline Adhesive Equipment Corp., ITW Dynatec, Sulzer Mixpac, and IVEK Corp. are key industry players.
They focus on business expansion and introduce many growth strategies. Major FDS manufacturers are expanding their presence in emerging markets such as India and Brazil. Numerous companies continue to invest heavily in R&D, and are constantly launching new products.
This report predicts revenue growth at the global, regional, or country level. It also provides analysis of industry trends and potential opportunities in each sub-segment from 2019 through 2025. Grand View Research divided the global fluid dispensing system market report by product, region, and application.
Product Outlook (Revenue USD Million, 2015-2025)
Flux
Lubricant
Solder Paste
Adhesives & Sealants
Epoxy Adhesives
Epoxy Underfill
Other
Conformal coatings
Other
Application Outlook (Revenue USD Million, 2015-2025)
Electrical & Electronics Assembly
Semiconductor Packaging
Printed Circuit Boards
Other
Medical Devices
Transport
Construction
Other
Regional Outlook (Revenue USD Million, 2015-2025)
North America
U.S.
Europe
Germany
U.K.
Asia Pacific
China
Japan
India
Central & South America
Middle East and Africa
b. Global FDS market size was USD 37.69 Billion in 2019, and is projected to rise to USD 39.99 Billion by 2020.
What is the market growth for fluid dispensing system?b. Global FDS Market is expected to grow at 6.7% compound annual growth rate between 2019 and 2025, reaching USD 56.09 billion in 2025.
Which segment had the largest market share for fluid dispensing system?b. With a 43.8% share in 2019, Asia Pacific was the dominant market for FDS. This is due to strong demand from the end-use industries like automotive and medical devices.
What are the major players in the fluid dispensing system market?b. Graco, Speedline Technologies, Musashi Engineering Inc., Speedline Technologies, Speedline Technologies, Graco, Protec Co. Ltd., Speedline Technologies, Fisnar Inc., Fisnar Inc., Techcon Systems, Intertronics, Valco Melton, Dymax Corp., Henline Adhesive Equipment Corp., ITW Dynatec, Sulzer Mixpac, and IVEK Corp. are some of the key players in FDS.
What are the driving factors for the fluid dispensing system market?b. The FDS market is growing due to increasing demand in end-use markets such as automotive and electrical, and for new technologies in the automotive sector.
Up Market Research published a new report titled “Fluid Dispensing Systems Market research report which is segmented by Product (Flux, Lubricant, Solder Paste, Adhesives & Sealants, Conformal Coatings), By Players/Companies Graco, Protec Co Ltd; Speedline Technologies; Musashi Engineering Inc; GPD Global Inc; Fisnar Inc; Techcon Systems; Intertronics; Valco Melton; Dymax Corp; Henline Adhesive Equipment Corp; ITW Dynatec; Sulzer Mixpac; and IVEK Corp”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Fluid Dispensing Systems Market Research Report |
By Product | Flux, Lubricant, Solder Paste, Adhesives & Sealants, Conformal Coatings |
By Companies | Graco, Protec Co Ltd; Speedline Technologies; Musashi Engineering Inc; GPD Global Inc; Fisnar Inc; Techcon Systems; Intertronics; Valco Melton; Dymax Corp; Henline Adhesive Equipment Corp; ITW Dynatec; Sulzer Mixpac; and IVEK Corp |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 215 |
Number of Tables & Figures | 151 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Flux, Lubricant, Solder Paste, Adhesives & Sealants, Conformal Coatings).
Fluid Dispensing Systems Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Fluid Dispensing Systems 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 2028.
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