Design and Cost Constraints of High Resolution Dispensing Systems and Equipment to Hamper Growth

Rising Demand across Electronic Industry to Drive Market

The global high resolution dispensing systems and equipment market is primarily driven by factors such as the increasing usage of these equipment in the electronic industry and the increasing demand for accuracy and precision in production processes across a host of industries. High-resolution dispensing systems and equipment find extensive usage in electronic applications such as gasketing, electronic assembly, shielding, and plastic bonding, chiefly owing to their high level of accuracy and precision.

The integration of automation across several industries such as automotive, oil and gas, aerospace, and defense is also expected to significantly contribute to the growth of the high resolution dispensing systems and equipment across the globe in the coming years. These industries require dispensing system for improving their production quality. Automatic high resolution dispensing systems help prevent material dispensing in the wrong location, thereby increasing the overall productivity, lessening costs, and lowering the chances of part failure of high-end machines.

The need for control, accuracy, and customization across these end-use industries call for such advanced high resolution dispensing systems and equipment. These factors are expected to exert a huge positive influence on the future growth prospects of the market in the near future.

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High Resolution Dispensing Systems and Equipment Market: Snapshot

High resolution dispensing systems and equipment are designed to provide high-capacity performance while at the same time offering safe consumer operation and longer service life. These systems are being currently deployed mostly in electronic applications such as gasketing, encapsulating, electronic assembly, shielding, hot melt molding, and plastic bonding.

The integration of automation in various industries such as automotive, oil and gas, aerospace and defense, and fluids is set to contribute to the growth of the global high resolution dispensing systems and equipment in the coming years. The need for control, accuracy, and customization across these end-user industries is expected to be a major factor boosting the market during the forecast period.

The global high resolution dispensing systems and equipment market is slated to grow from a value of US$1.8 bn in 2015 to US$3.0 bn by 2024, registering a steady CAGR of 6.3% therein. Volume-wise, the market is expected to expand at a modest 3.2% CAGR from 2016 to 2024.

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APAC Countries Offering Maximum Scope for Future Growth

Europe acquired the dominant share in the global high resolution dispensing systems and equipment market in 2015, accounting for more than 35% in terms of revenue. The market in Europe has evolved over the past decade and is expected to record strong growth in the coming years owing to considerable investments and technological advancements in the electronics industry in the region. The market is primarily influenced by growth in countries such as France, Italy, Spain, Germany, and Sweden.

Asia Pacific is a lucrative market for high resolution dispensing systems and equipment by value as well as volume. Countries such as China, Taiwan, Singapore, and Hong Kong are home to an increasing number of consumer electronics manufacturing companies.

China is the main hub as far as the manufacturing and assembly of electronics components is concerned. The export and import value of the electronics produced is China is also on a surge. Taiwan’s integrated circuit industry is well established with a vertically integrated chain. Electronics is the one of the prime industries fueling the economic growth of Singapore. These countries are anticipated to continue boosting the high resolution dispensing systems and equipment market in Asia Pacific.

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