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

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 increasing adoption of systems in the end use industries such as electrical and electronics, automotive, and construction is likely to further accelerate the trend. The development of the newest technologies, which are fostering automation in various industries, enhances the market of fluid dispensing systems (FDS) and related equipment.

The market is picking up relevance due to the growing adoption of new technologies in the automobile industry. The progress in technology and increasing demand from different end-use industries results in the introduction of more and more effective products by the manufacturers to meet needs. Increased Asia Pacific and Middle East & Africa markets for electricals and electronics, is predicted to drive demand for fluid dispensing systems used in semiconductor packaging and circuit assembly.

The FDS systematically produces precision components for many end-users, which enhances their manufacturing efficiency. Manufacturers are looking at R&D activities as a way of providing problem-solving industry solutions which may be used in conducting numerous operations.

The greenhouse effect together with favorable rules about carbon emissions from bodies such as the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) and Environmental Protection Agency (EPA) have encouraged the development of bio-based hot melt adhesives. This trend would have a positive impact on the need for dispensers that consist of some of the hot melt application guns, pattern controllers, and others. One of the major drivers for growth is a growing preference for packaged foods and construction projects where there is increasing spending.

The U.S. fluid dispensing systems is intrinsic to the thriving demand by the electronics, transportation and medical device sectors due to the enactment of government regulations that promote and support reduced wastage of resources that eventually leads to cost and energy savings. Robotic fluid dispensers that deliver the highest control and ability to recreate precise and standardized fluid forms on the surface are taking over the manual applicator systems more and more.