Fluid Dispensing Systems Market Size

Fluid Dispensing Systems Market size was valued at USD 39.8 billion in 2023 and is anticipated to cross USD 62.7 billion by the end of 2036, expanding at more than 6.1% CAGR during the forecast period i.e., between 2024-2036. In 2024, the industry size of fluid dispensing systems is assessed at USD 40.9 billion.

Fluid dispensing is integral to the assembly processes of electronics and medical devices. The methods for the deposition of epoxies, UV-cure adhesives, cyanoacrylates, and silicones use a wide spectrum of techniques from manual applications such as squeeze bottles and hand-plunger syringes to automated tabletop robots. Fluid dispensing systems (FDS) play a crucial role in the assembly, appearance, quality, function, and viability of the final manufactured products.

Predominantly, the fluid dispensing systems market is driven by the expanding aerospace and medical device manufacturing sectors. The sales, value of shipments, and overall surgical and medical instrument manufacturing sector in the U.S. garnered a revenue of USD 36.3 billion in 2020. Furthermore, the U.S. Bureau of Economic Analysis (BEA) data suggest the inward foreign direct investment (FDI) position for the medical equipment and supplies industry was USD 107.2 billion in 2020. Aerospace & defense (A&D) in the U.S. gained bipartisan support in 2022, with USD 952.0 billion in combined sales despite the COVID-19 headwinds.