SAN FRANCISCO, October 10, 2016 /PRNewswire/ --
The global fluid dispensing equipment market is expected to reach USD 10.29 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for accurate and efficient systems for dispensing fluids as an alternative to manpower engagement in these processes to be a key driving factor for the industry growth.
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The industry is characterized by the advent of automation technologies in various stage of production processes. The technology's greater scope across automotive, electrical & electronics, and medical devices manufacturing has enabled higher sales of fluid dispensing equipment in these industries.
However, with evolving construction practices and increased usage of automated machinery for masonry, prefabrication and precast processes is expected to provide growth opportunities for industry participants. The global market value in construction application was over USD 640 million in 2015.
Browse full research report with TOC on "Fluid Dispensing Equipment Market Analysis By Product (Flux, Lubricant, Solder Paste, Adhesives & Sealants (Epoxy Adhesives, Epoxy Underfill), Conformal Coatings), By Application (Electrical & Electronics (Semiconductor Packaging, Printed Circuit Board), Medical Devices, Transportation, Construction) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/fluid-dispensing-equipment-market
Further key findings from the report suggest:
Grand View Research has segmented the fluid dispensing equipment market on the basis product, application and region:
Browse related reports by Grand View Research:
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.
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