Global Fluid Dispensing Equipment Market Overview
The Fluid Dispensing Equipment Market Size was estimated at 3.98 (USD Billion) in 2022. The Fluid Dispensing Equipment Industry is expected to grow from 4.38(USD Billion) in 2023 to 10.25 (USD Billion) by 2032. The Fluid Dispensing Equipment Market CAGR (growth rate) is expected to be around 9.91% during the forecast period (2024 - 2032).
Key Fluid Dispensing Equipment Market Trends Highlighted
The Fluid Dispensing Equipment Market is poised for substantial growth in the coming years. Key market drivers include the increasing demand for automation in various industries, such as electronics, automotive, and healthcare. The growing prevalence of advanced micro-dispensing applications is also driving the market's expansion. Additionally, the ongoing miniaturization of electronic devices is creating a need for more precise and controlled fluid dispensing systems.Opportunities for exploration include the development of innovative technologies, such as non-contact dispensing and multi-axis dispensing systems. The integration of artificial intelligence and robotics in fluid dispensing equipment is also expected to enhance market growth. Recent trends indicate a shift towards more sustainable and user-friendly equipment, as well as an increased focus on advanced materials and fluid handling capabilities.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Fluid Dispensing Equipment Market Drivers
Growing Demand for Precision Fluid Dispensing in Electronics Manufacturing
Life without electronics is increasingly unimaginable, and with the electronics life, so much is possible. It is no wonder, then, that the electronics industry is a major driver of growth for the fluid dispensing equipment market. As technology advances, the demand for miniaturization and precision in electronic devices is on the rise. Fluid dispensing equipment allows manufacturers to apply precise amounts of fluids onto electronic components; fluids include solder paste, encapsulants, and adhesives.In addition, an increase in the adoption of surface-mount technology and the printed circuit board assembly process has fueled demand for fluid dispensing equipment in the electronics sector. The trend is set to continue as the electronics industry continues to grow.
Rising Adoption of Fluid Dispensing in Medical and Pharmaceutical Applications
Another driver of the fluid dispensing equipment market is the medical and pharmaceutical industry. The equipment is used in multiple medical and pharmaceutical applications, including drug delivery, diagnostics, and tissue engineering. The rising demand for personalized medicine and targeted drug delivery increased the need for fluid dispensing equipment that is accurate and effective. The equipment is used to manufacture medical devices and implants, which require high precision and reliability.Overall, the medical and pharmaceutical industries’ increasing adoption of fluid dispensing equipment is expected to drive the market’s growth in the coming years.
Expansion of the Automotive Industry and the Rise of Electric Vehicles
Another vital growth driver of the fluid dispensing equipment market is the automotive industry. The fluid dispensing equipment is widely used in automotive applications such as the assembly of engines, transmission, and other vehicle components. The rapid expansion of the automotive industry in the last years, alongside an increasing demand for vehicles, particularly electric vehicles, has significantly driven the application of fluid dispensing equipment.Electric vehicles require unique types of fluids and adhesives applicable in battery assembly and its thermal management. The rise of the use of electric vehicles has transformed the fluid dispensing industry by creating new opportunities and innovative products. Thus, the expansion and sustainability of the automotive industry and increased usage of electric vehicles are expected to continue driving the fluid dispensing equipment market in the future.
Fluid Dispensing Equipment Market Segment Insights
Fluid Dispensing Equipment Market Dispensing Technology Insights
The Fluid Dispensing Equipment Market is segmented by Dispensing Technology into Positive Displacement, Time-Pressure, Jetting, and Pumping. The Positive Displacement segment held the largest market share in 2023, and the trend is likely to continue throughout the forecast period. This technology is witnessing increasing demand as industrial customers from medical, electronics, and automotive, among other industries, witness growing applications for positive displacement pumps. These pumps are precise and deliver consistent dispensing of the fluid, which makes them ideal for sensitive applications requiring high levels of accuracy and repeatability.The Time-Pressure segment is likely to grow at the highest compound annual growth rate CAGR of 4.78% during the forecast period. It is applied in varied industries, with the electronics industry using this application for dispensing solder paste and other materials. Time-pressure dispensing systems work by applying a pressurized pulse punctuated by time intervals for dispensing the fluid or liquid, and it is characterized by faster speed, consistency and reliability. The Jetting segment is anticipated to show steady growth during the forecast period with printing and packaging industries, among others, using jetting dispensing systems for securing high-velocity accurate droplets while dispensing.The Pumping segment is expected to grow steadily during the forecast period. The compound annual growth rate CAGR of the Pumping segment is anticipated to grow at a lower rate of 3.49%. The pumping systems involve the practical application of a pump for dispensing, which is characterized by high flow rates and pressures. The chemical and pharmaceutical industries are among the sectors using the pumping demand systems. The Fluid Dispensing Equipment Market aims at increasing fluid dispensing equipment in numerous customer industrial sectors such as electronics, medical, automotive and aerospace, among others.The market is receiving an added boost as customers in these markets resort to increased levels of automation. Furthermore, advancements in the dispensing facilities are playing a crucial role in driving the market growth during the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Fluid Dispensing Equipment Market Product Type Insights
Product Type The Fluid Dispensing Equipment Market is segmented based on product type into benchtop dispensers, inline dispensers, manual dispensers, and automated dispensers. In 2023, the automated dispensers segment held the largest market share of 45%, owing to the increasing demand for automated fluid dispensing systems in various industries. The benchtop dispensers segment is expected to witness significant growth during the forecast period, with a CAGR of 10.2%. This growth is attributed to the rising adoption of benchtop dispensers in laboratories and research institutions for precise fluid dispensing applications.Inline dispensers are expected to account for a moderate market share during the forecast period, primarily driven by their integration into automated production lines. Manual dispensers are expected to hold a steady market share owing to their low cost and ease of use.
Fluid Dispensing Equipment Market Material Type Insights
The Material Type segment of the Fluid Dispensing Equipment Market is expected to witness significant growth in the coming years. The market is segmented into various material types, including epoxies, adhesives, sealants, lubricants, and solder paste. Each material type has its unique properties and applications, catering to specific industry requirements. Epoxies, known for their excellent adhesion and chemical resistance, account for a substantial share of the market. They find wide applications in electronics, aerospace, and automotive industries.Adhesives, on the other hand, are used to bond various materials, including metal, plastic, and glass, and hold a significant market share. Sealants, with their ability to prevent leakage and protect against environmental factors, are extensively used in the construction, automotive and packaging industries. Lubricants, essential for reducing friction and wear, contribute to the smooth operation of machinery and find application in various industries, including manufacturing, automotive, and energy. This growth is attributed to increasing demand from various end-use industries, technological advancements, and rising awareness about precision dispensing techniques.
Fluid Dispensing Equipment Market Application Insights
The Fluid Dispensing Equipment Market is segmented by Application into Electronics Manufacturing, Automotive Assembly, Medical Device Manufacturing, Aerospace, Construction, and Others. Among these, Electronics Manufacturing is expected to hold the largest market share of around 35% in 2023 and is projected to reach a valuation of approximately USD 3.4 billion by 2032. The growth in this segment can be attributed to the increasing demand for electronic devices, such as smartphones, laptops, and tablets, which require precise dispensing of adhesives, sealants, and other fluids during assembly.Moreover, the rising adoption of automation in electronics manufacturing is further driving the demand for fluid dispensing equipment.
Fluid Dispensing Equipment Market Regional Insights
The Fluid Dispensing Equipment Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional market for fluid dispensing equipment, followed by Europe and APAC. The growth of the fluid dispensing equipment market in North America is attributed to the increasing demand for automation in manufacturing and assembly processes. The European market is also expected to grow significantly due to the increasing adoption of fluid dispensing equipment in the automotive and electronics industries.The APAC market is expected to witness the highest growth rate due to the increasing demand for fluid dispensing equipment in the electronics and semiconductor industries. South America and MEA are expected to witness moderate growth due to the increasing demand for fluid dispensing equipment in the automotive and construction industries.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Fluid Dispensing Equipment Market Key Players And Competitive Insights
Major players in Fluid Dispensing Equipment Market are focusing on developing innovative technologies to meet the evolving demands of various industries. Leading Fluid Dispensing Equipment Market players are investing in research and development to enhance the efficiency, accuracy, and versatility of their equipment. The Fluid Dispensing Equipment Market industry is witnessing a trend toward automation and integration as manufacturers seek to streamline production processes and improve productivity. Companies are also focusing on developing equipment that is compatible with a wide range of fluids and substrates to cater to the diverse needs of end-users. The Fluid Dispensing Equipment Market development is being driven by the growing demand for precision dispensing in industries such as electronics, automotive, and medical devices.Nordson Corporation, a leading Fluid Dispensing Equipment Market player, offers a comprehensive range of dispensing equipment for various applications. The company's Nordson EFD division specializes in precision fluid dispensing systems, including benchtop dispensers, automated dispensing robots, and dispensing tips. Nordson Corporation is known for its innovative technologies, such as the patented IntelliJet dispensing valve, which provides precise control over fluid dispensing. The company's presence and extensive distribution network enable it to cater to customers worldwide.Asymtek, a competitor in the Fluid Dispensing Equipment Market, is recognized for its expertise in automated fluid dispensing solutions. The company offers a range of automated dispensing systems, including tabletop dispensers, inline dispensers, and robotic dispensing cells. Asymtek's focus on precision and reliability has made it a preferred choice for manufacturers in the electronics, medical, and automotive industries. The company's commitment to customer service and technical support has contributed to its strong reputation in the market.
Key Companies in the Fluid Dispensing Equipment Market Include
• Nordson Corp• EFD• Shenzhen EVERFINE Machinery• Techcon Systems• Microdrop• Tridak• Elldex• Dymax• Asymtek• Camalot Motion Control• iNRCORE• Musashi Engineering• PVA TePla• STECH• DotRite
Fluid Dispensing Equipment Market Industry Developments
The Fluid Dispensing Equipment Market is projected to reach USD 10.25 billion by 2032, exhibiting a CAGR of 9.91% during the forecast period. Increasing demand for precision dispensing in electronics manufacturing, coupled with the growing adoption of microfluidics in healthcare and life sciences, drives market growth.Recent developments include Nordson Corporation's launch of a new line of precision fluid dispensers for microelectronics applications and Asymtek's acquisition of PVA TePla Analytical Systems, strengthening its position in the semiconductor packaging market. Key players are focusing on strategic partnerships and product innovations to cater to the evolving needs of end-use industries.
Fluid Dispensing Equipment Market Segmentation Insights
Fluid Dispensing Equipment Market Dispensing Technology Outlook
- Positive Displacement
- Time-Pressure
- Jetting
- Pumping
Fluid Dispensing Equipment Market Product Type Outlook
- Benchtop Dispensers
- Inline Dispensers
- Manual Dispensers
- Automated Dispensers
Fluid Dispensing Equipment Market Material Type Outlook
- Epoxies
- Adhesives
- Sealants
- Lubricants
- Solder Paste
Fluid Dispensing Equipment Market Application Outlook
- Electronics Manufacturing
- Automotive Assembly
- Medical Device Manufacturing
- Aerospace
- Construction
Fluid Dispensing Equipment Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
3.98(USD Billion) |
| Market Size 2023 |
4.38(USD Billion) |
| Market Size 2032 |
10.25(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
9.91% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Nordson Corp., EFD., Shenzhen EVERFINE Machinery., Techcon Systems., Microdrop., Tridak., Elldex., Dymax., Asymtek., Camalot Motion Control., iNRCORE., Musashi Engineering., PVA TePla., STECH., DotRite. |
| Segments Covered |
Dispensing Technology, Product Type, Material Type, Application, Regional |
| Key Market Opportunities |
1.      Increasing demand for precision manufacturing 2.      Growing electronics industry 3.      Advancements in material handling 4.      Expansion in the automotive sector Rise of microfluidics |
| Key Market Dynamics |
1.      Rising demand for automation 2.      advancements in dispensing technology 3.      growth in microelectronics and 4.      medical device industries |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
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Frequently Asked Questions (FAQ) :
The Fluid Dispensing Equipment Market was expected to reach a valuation of 4.38 Billion USD in 2023.
The Fluid Dispensing Equipment Market is projected to grow at a CAGR of 9.91% from 2024 to 2032.
The Fluid Dispensing Equipment Market is expected to reach a valuation of 10.25 Billion USD by 2032.
North America is expected to hold the largest market share in the Fluid Dispensing Equipment Market in 2023.
The electronics segment is expected to hold the largest market share in the Fluid Dispensing Equipment Market in 2023.
Some of the key competitors in the Fluid Dispensing Equipment Market include Nordson Corporation, Musashi Engineering, Inc., and PVA TePla AG.
Major factors driving the growth of the Fluid Dispensing Equipment Market include increasing demand for electronics, rising adoption of automation in manufacturing, and growing need for precision dispensing.
Some of the challenges faced by the Fluid Dispensing Equipment Market include high cost of equipment, stringent regulations, and intense competition.
Key trends in the Fluid Dispensing Equipment Market include increasing adoption of non-contact dispensing, growing demand for micro-dispensing, and rising popularity of Industry 4.0 technologies.
Industry 4.0 is expected to revolutionize the Fluid Dispensing Equipment Market by enabling increased automation, improved efficiency, and enhanced data analytics.
