Global Fluid Dispensing Systems Market

Global Fluid Dispensing Systems Market Size, Share, Growth Analysis, By Product(Lubricant, Solder Paste), By Application(Electrical & Electronics Assembly, Semiconductor Packaging) - Industry Forecast 2024-2031

Report ID: SQMIG20I2160 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 73 | Figures: 75

Global Fluid Dispensing Systems Market News

  • In January 2023, Festo, a Germany-based automation company and one of the world's leading manufacturers of pneumatic and electrical control system, has unveiled a unique robotic dispensing machine that allows delivery of fluids with sub-millimeter accuracy. This new technology reinvent why liquids are dispensed with its accurate and reliable performance, so it meets the multiple needs for precise fluid management in the industries.
  • In February 2023,Nordson, a U.S. multinational corporation widely recognized as a manufacturer of dispensing equipment for coatings, adhesives, and sealants, jumped on the bandwagon with a newly developed additive manufacturing technology. This breakthrough technology allows to distribute fluids, building complex 3D objects in a completely new way and making it possible to create high-end additive manufacturing and advanced manufacturing processes as well.
  • In 2023 March, Tesla, the American company that specializes in cars and clean energy, and Graco, a leading worldwide supplier of fluid management products and solutions, entered into an agreement. The strategic partnership aims to use electricity to automate the manufacturing process of electric vehicles. This alliance will be using the skill of Tesla in the production of electric vehicle and also the expertise of Graco in the fluid management technology. Working together, they aim to restructure production and supply chain management systems, to optimize efficiency and create an environment of innovation in the electric car manufacturing industry.
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Global Fluid Dispensing Systems Market size was valued at USD 28.80 billion in 2022 and is poised to grow from USD 30.76 billion in 2023 to USD 52.07 billion by 2031, growing at a CAGR of 6.8% in the forecast period (2024-2031). 

The competitive landscape of the fluid dispensing systems market is marked by a mix of established players and innovative entrants striving to cater to the diverse demands of precision fluid application across industries. Major companies such as Nordson Corporation, Asymtek (a Nordson company), Fisnar Inc., Graco Inc., and Techcon Systems are prominent figures due to their extensive experience, technological expertise, and comprehensive product portfolios in fluid dispensing solutions. These industry giants offer a range of dispensing technologies, including jetting, precision volumetric dispensing, and automated robotic systems, addressing the needs of industries like electronics, automotive, and medical devices. 'Nordson Corporation', 'Graco Inc.', 'Asymtek (a Nordson company)', 'Fisnar Inc.', 'Techcon Systems', 'EFD, Inc.', 'Musashi Engineering Inc.', 'Henkel AG & Co. KGaA', 'IDEX Corporation', 'Nordson EFD', 'Speedline Technologies', 'GPD Global', 'Protec Co., Ltd.', 'Nordson SEALANT EQUIPMENT', 'Watson-Marlow Fluid Technology Group', 'Scheugenpflug AG', 'EXACT Dispensing Systems', 'Fluid Research Corporation', 'Hernon Manufacturing Inc.', 'Musashi Engineering Europe GmbH'

The adoption of fluid dispensing systems is driven by the growing need for accurate and consistent fluid application across a range of industries, including electronics, automotive, and medical devices. By achieving high standards of precision and consistency, these systems help manufacturers enhance the performance and quality of their products.

Integration of Industry 4.0 Technologies: The adoption of Industry 4.0 technologies is reshaping fluid dispensing systems into smart and connected solutions. These technologies include Internet of Things (IoT), data analytics, and automation. Manufacturers are implementing real-time monitoring, remote control, and predictive maintenance capabilities to enhance efficiency, reduce downtime, and optimize processes.

North America is typically considered the largest region in the global fluid dispensing systems market. The credit for the region's dominance can be attributed to its well-established manufacturing industries. Particularly in electronics, automotive, healthcare, and aerospace, where fluid dispensing systems find extensive applications. With a strong industrial foundation and cutting-edge technological innovations, the United States frequently sets precedents in the North American region.

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