Global Dispensing Systems Market is Estimated to Grow at A CAGR of 5.1%

Date: 2015-10-30

The global dispensing systems market is estimated to grow at a CAGR of 5.1% in terms of volume from 2015 to 2020. Asia-Pacific accounted for the largest share of the global dispensing systems market, and is projected to grow at a CAGR of 5.3% during the projected period.

In this report, the global dispensing systems market has been broadly classified on the basis of technology type, application, and geography. Robotic dispensing systems, semi-robotic dispensing systems and manual dispensing systems are the major technology types that are covered in the report. The application segment has been categorized into electronics, automotive, healthcare & pharmaceuticals, chemicals, industry & manufacturing, food & beverage and others. Based on geography, the market has been segmented into Asia-Pacific, Europe, North America, and Rest of the World.

The electronics is the fastest-growing segment, and is projected to grow at the highest CAGR of 5.7% from 2015 to 2020. Factors such as technological advancements by the players, preference for robotic dispensing systems, and reduction of errors and time management are the key factors driving the demand of the global dispensing systems market.

Dispensing systems perform the given tasks with extreme accuracy and safety. Presently, manufacturing industries are evolving rapidly. In order to meet the upcoming challenges, manufacturers are focusing on designs that are more complex, innovation, and the use of latest technologies, thus fueling the demand for these systems.

The global dispensing systems market is competitive, with a large number of players operational globally. Nordson Corporation (U.S.), Graco, Inc. (U.S.), Fisnar, Inc. (U.S.), DEMA Engineering Company (U.S.), Henkel AG and Company  (Germany), KREMLIN REXSON & SAMES (France), Techcon Systems (U.S.), Hydro Systems Company (U.S.), Durr AG (Germany), ESYS Automation (U.S.) are some of the key players that are studied in detail in this report. New product launches, partnerships, agreements, and joint ventures are the important strategies adopted by most market players to achieve growth in the global dispensing systems market.

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