The report “Dispensing systems Market: By Technology (Manual, Semi-Automated, Automated); By Industry Verticals (Aerospace, Automotive, Chemicals, Others); By End User Application (Filling, Bonding, Potting, Others) – Forecast (2016 – 2022)”, published by IndustryARC, estimates that the market will register a CAGR of 4.8% till at least 2020.
A dispensing system can be described as a device which is used to dispense chemicals and numerous solvent varieties. Dispensing equipment can be used to dole out solvents either in a quantity depending on a customer’s requirements or in a predetermined amount. Automated dispensing systems is one of the leaders as far as the success of automation devices is concerned. Automated dispensing machine play a vital role in making the daily life of customers a little more convenient. A dispenser machine has wormed its way into plenty of large-scale industries like pharmaceuticals, personal care equipment, and food and beverages. As mass production becomes the primary aim for industries, they are increasingly looking toward for automation technology like liquid dispensing equipment for futuristic solutions. Integrated dispensing solutions have become common in various manufacturing processes as recent innovations have allowed even new industry verticals with a diverse range of dispensing solutions. Thus, the Dispensing Systems Market is primed to register significant growth during the forecast period of 2016-2022.
Scope & Regional Forecast of the Dispensing Systems Market
The Dispensing Systems Market registered a revenue of $5.5 Billion in 2015. This is expected to exceed the $7 Billion market, at a CAGR of 4.8%, by 2022. The demand auto dispense technology is set to be driven largely by the automotive and electronic segment whose CAGR is set to be 2.5% and 6% respectively till at least 2020. Another fast adopter of dispensing equipment is the adhesive segment within the packaging industry.
The major drivers of growth for the Dispensing Systems Market are a need for improvement in accuracy, reliability, control and personalization in manufacturing segments like chemical and electronics. R&D efforts are chugging along at a rapid pace to ensure that market requirements are met in a speedy manner. The appropriate accessories as well as mechanisms have also been developed to make sure that dispensing systems can be used in a flexible manner.
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Segmentations & Key Players Involved in the Dispensing Systems Market
The Dispensing Systems Market can be broken down into various segmentations on the basis of –
Technology: Manual Dispense, Semi-Automated and Automated.
Industry Vertical: Automotive and Aerospace, Chemicals, Life Sciences, Food & Beverages, Manufacturing, Electronics and Others.
End User Application: Filling, Bonding, Potting, Molding, Spraying and Coating and Others.
Geographical Location: Americas, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Dispensing Systems Market are as follows:
Advanced process technology, Inc.
Dispensing technology corporation
Valco Melton worldwide
Dema engineering company
Kremlin Rexson & Sames worldwide
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