Integration of Automation in End-User Industries to Promote Deployment of Industrial Dispensing Systems and Equipment | Automation.com

Integration of Automation in End-User Industries to Promote Deployment of Industrial Dispensing Systems and Equipment

Integration of Automation in End-User Industries to Promote Deployment of Industrial Dispensing Systems and Equipment

Implementation of Advanced Technologies to Drive Adoption of Dispensing Systems and Equipment

Adoption of advanced technologies in various industries is anticipated to influence the industrial dispensing systems and equipment market positively. For instance, the implementation of fluid dynamic technology in the food and beverage industries helps in saving energy through efficient cooling, lowers the carbon footprint, and decreases operational costs.

The integration of automation in the chemical, automotive, agriculture, aerospace, and food and beverages industries worldwide has helped in increasing the production output. This factor is causing a spike in the demand for automation, in turn, contributing to the growth of the global industrial dispensing systems and equipment market. Another factor propelling the growth of the market is the increasing need for accuracy, control, and customization in food, electronic, automotive, and chemical industries.

Heavy Electric Power Consumption of Industrial Dispensing Systems to Hamper Market Growth

For high metering quality, the industrial dispensing systems require heavy electric power. Hence, their adoption is low in industries based in towns and rural areas where electric supply is a big problem. Deployment of the industrial dispensing systems and equipment systems is also less in industries having production timeline, as the malfunctioning of these systems can severely affect the efficiency of production. Moreover, the declining after-sales market system is hampering the growth of the overall industrial dispensing systems and equipment market. However, rapid industrialization in developing nations of Asia Pacific and MEA are anticipated to present immense growth opportunities in the near future. Furthermore, upcoming technologies such as digital dispensing systems in pharmaceutical, automotive and aerospace are expected to help in the creation of a promising market for the industrial dispensing system manufacturers in the forthcoming years.

The global industrial dispensing systems and equipment market was valued at US$13.69 bn in 2015 and is expected to reach US$20.57 bn in 2021, expanding at a CAGR of 7% from 2015 to 2021. Based on application, liquid materials dispenser was the leading segment by revenue in 2015 and is anticipated to maintain its dominance until 2021, accounting for 35.66% of the overall market. Glue and sealants dispensing systems will expand at a significant CAGR due to advanced automation offered by them.

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