Global Fluid Dispensing Equipment Market Size USD 14.70 Billion By 2030 | CAGR of 5.51%

Introduction

The global fluid dispensing equipment market size was valued at USD 9.11 billion in 2021 and is projected to reach USD 14.76 billion by 2030 at a CAGR of 5.51% from 2022 to 2030

Monitoring and dispensing of liquid and gaseous fluids are done using fluid dispensing devices. The item is available in a range of shapes and sizes. These devices also come in a range of sophistication levels, from straightforward manual systems to complex, automated robotic systems. Automobile, medical, food and beverage, and electronics are just a few of the industries that use fluid dispensing equipment. Fluids are utilised for many different things, including filling, sealing, binding, and lubricating.

Market Dynamics

Demand for Semiconductor Packaging and Circuit Assembly is Driving the Market

The growth rate of the market for fluid dispensing equipment would be impacted by the increasing demand for semiconductor packaging and circuit assembly. The main factor fueling market expansion is the increase in applications from the automobile industry. The market for fluid dispensing equipment will experience increased demand as a result of the increased adoption of precise and effective systems for fluid dispensing. Important elements, including the rise in disposable income and rising urbanisation, are also driving the market for fluid dispensing equipment.

The Rising Industrialisation Will Drive the Market

The market for fluid dispensing equipment will grow more quickly if severe controls are imposed on production facilities. The market for fluid dispensing equipment will likely develop as a result of the fast accelerating industrialisation. The market for fluid dispensing equipment will expand at a faster rate as material waste becomes more and more of a concern. Fluid dispensing tools are generally employed in automated and semi-automatic robotic systems with high accuracy and low leakage rates.

Technological Advancement and Construction Activities will Bring in New Opportunities

The market for fluid dispensing equipment will see favourable chances thanks to the continuously expanding number of construction projects and technical developments. Additionally, the growing usage of automated equipment for masonry, precast, and prefabrication processes as well as the untapped potential in new markets, will present profitable chances for market expansion. It is anticipated that the sector will expand in the future due to the steadily growing need for fluid dispensing systems that are dependable and precise and may take the place of workers.

Regional Analysis

The industrial sector places a high value on North America and Europe. Multinational dispensing equipment companies like Nordson, Henkel, and ITW Dynatec operate in these regions, which is what distinguishes them. Comparing these regions to Asia, Latin America, and the Middle East in terms of equipment, they are also technologically more sophisticated.

A deteriorating macroeconomic climate and the industry's high level of maturity are projected to cause the European market for fluid dispensing devices to expand at a moderate rate. In comparison to Europe, markets in the Asia-Pacific region and South America are anticipated to offer larger room for expansion, given industrial output and rising manufacturing investment.

Given that the revenues of the hospital, medical, and dental services industries have been increasing at a rapid rate over the past few years, the rapid expansion of the healthcare sector is projected to be a driving factor in the growth of the Asia Pacific market. Additionally, numerous new hospital construction projects and the soaring need for medical and surgical equipment have aided in area development. Asian consumers have been progressively subscribing to 4G LTE services since its launch in 2014, so they can benefit from faster speeds for their daily activities. Major regional electronics companies are also launching ground-breaking designs, with companies like Xiaomi and Asus leading the way with excellent inventions in the lower end of the market and a flood of inexpensive gadgets and devices. In the electrical and electronics sector, these elements are fueling the demand for precision fluid dispensers.

Key Highlights

• The global Fluid Dispensing Equipment Market was valued at USD 43.27 billion in 2021 and is projected to reach USD 77.56 billion by 2030 at a CAGR of 6.7% 2022 to 2030.
• The rise in industrialisation and growing demand for semiconductor packaging and circuit assembly is driving the market.
• This market can be segmented on the basis of products, applications, types, forms, end-users, regions and competitors.
• By 2030, North America is anticipated to have the largest market share, with Europe emerging as the fastest-growing market.

Competitive Players

Competitors Analysis

The prevalence of small-scale dispensing equipment, primarily semi-automatic & manual equipment, and local businesses, on the other hand, characterises the worldwide industry. Nearly half of all dispensing system sales are made by these businesses. Other important competitors in the market include Speedline Technologies, Musashi, ITW Dynatec, Valco, Dymax, GPD Global, Fisnar, Henline Adhesive Equipment, IVEK Corp., and Sulzer Mixpac.

Recent Developments

Recent Developments

• The Voltex Dynamic Mix Valve, created by Graco Inc., was introduced in February 2021 and is used to dispense two-component silicone and urethane foaming materials. A variety of applications can benefit from the system's reliable and homogenous blending of challenging-to-dispense materials.
• Fluid dispensing and laboratory automation equipment supplier BioDot Inc. was purchased by ATS in April 2021.

Segmentation

Market Segmentation

On the basis of Products

• Flux
• Lubricant
• Solder Paste
• Adhesives and Sealants
• Epoxy Adhesives
• Epoxy Underfill
• Conformal Coatings
• Others

On the basis of Types

• Manual System
• Automated Robotics System

On the basis of Forms

• Liquid Fluid
• Gaseous Fluid

On the basis of Application

• Bonding
• Filling
• Lubricating
• Sealing

On the basis of End-Users

• Medical Devices
• Transportation
• Construction
• Electrical and Electronics
• Semiconductor Packaging
• Printed Circuit Boards
• Food and Beverages
• Others

On the basis of Regions

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa