The global fluid dispensing systems market is expected to reach USD 55.09 billion by 2024, according to a new report by Grand View Research, Inc. Growing electronic components manufacturing in Southeast Asia to drive growth. The trend towards miniaturization of electronic components and industry automation are key growth driving factors for the global fluid dispensing systems market. Recent innovations aimed at improving production processes due to high consumer demand and gradually reducing turn-around times have led to manufacturers adopting automated systems for applying adhesives, sealants, coatings, and lubricants during their processes.
Technological innovations aimed at improving product specifications is crucial for furthering competitiveness among companies. Pricing and after sales are major factors consumers look for in equipment brands. Value chain integration and an efficient supply network are critical for businesses to improve their footprint and bring down costs
Industry automation, though highly relevant across manufacturers in matured regions such as North America and Europe, is expected to remain a major factor in the development of Asia Pacific region. The region was valued at over USD 13.80 billion in 2015 and is expected to maintain its dominance in the future.
Browse full research report on Global Fluid Dispensing Systems Market: http://www.grandviewresearch.com/industry-analysis/fluid-dispensing-systems-market
Further key findings from the report suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the fluid dispensing systems market on the basis product, application and region:
Global Fluid Dispensing Systems Product Outlook (Revenue, USD Million; 2014 - 2024)
Global Fluid Dispensing Systems Application Outlook (Revenue, USD Million; 2014 - 2024)
Global Fluid Dispensing Systems Regional Outlook (Revenue, USD Million; 2014 - 2024)
Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-fluid-dispensing-systems-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Corporate Sales Specialist, USA
Grand View Research, Inc
All rights reserved• This document may not be used, copied nor changed without explicit consent of the author.