Growing electronic components manufacturing in Southeast Asia to drive growth. The trend towards miniaturization of electronic components and industry automation are key growth driving factors for the global fluid dispensing systems market. Recent innovations aimed at improving production processes due to high consumer demand and gradually reducing turn-around times have led to manufacturers adopting automated systems for applying adhesives, sealants, coatings, and lubricants during their processes. The Global Fluid Dispensing Systems Market is expected to reach USD 55.09 billion by 2024, according to a new report by Grand View Research, Inc. Technological innovations aimed at improving product specifications is crucial for furthering competitiveness among companies. Pricing and after sales are major factors consumers look for in equipment brands. Value chain integration and an efficient supply network are critical for businesses to improve their footprint and bring down costs