Dispensing systems Market

Date: 2016-05

Globally, dispensing Systems emerged as one of the leading product segments in automation devices. The dispensing systems market is the fastest growing automation manufacturing devices which ensure high control, quality and accuracy. The demand of these systems has increased with the drive of automation and mass production in most of the industries. The usage of dispensing systems has been increased in the manufacturing sector and with the technological advancement they are even catering new end-users offering wide range of functionalities.

In the manufacturing sector, dispensing systems are used widely to cater various needs in different processes. The market is estimated to grow as automotive and electronic industries are estimated to grow at a CAGR of 2.5 % and 6 % respectively during the forecast period 2015 – 2020. One more positive sign for the growth of dispensing systems market is the increased usage of adhesive applicators in packaging industry.

The need for accuracy, control and customization in chemical and electronic industries is one of the major driving forces for the demand of these systems among those industries. Evolution of accessories is in fast pace meeting the user requirements. The flexibility of using these systems has increased due to the development and availability of various efficient dispensing accessories and mechanisms. The market is poised to expand and penetrate with the changing needs of operations in manufacturing industries and evolving end user industry product lines.

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