Market Scale

Global Market: According to market research reports, the global market scale of glue filling machines will steadily grow at a certain compound annual growth rate in the next few years. It had already reached a certain scale in 2022 and has continued to expand due to the increasing demand from industries such as electronic manufacturing, automobiles, medical care, and aerospace.

Chinese Market: In the Chinese market, its scale occupies an important position in the global market and has a relatively fast growth rate. In 2022, it was approximately 3.784 billion yuan. From 2015 to 2022, the compound annual growth rate was about 9.2%. With the development of electronic manufacturing, the support of intelligent manufacturing policies, and the rising demand of enterprises for automated equipment, the demand for high-performance and high-efficiency glue filling equipment has continued to increase, and the market scale has been constantly expanding.

Development Prospects

Positive Factors:

Growth in Industry Demand: Industries such as electronic manufacturing, automobiles, medical care, and aerospace are continuously developing, leading to a strong demand for glue filling machines. For example, there is a demand for glue filling in aspects like the upgrading of electronic products, the electronization of automobiles, the sealing and maintenance of medical devices as well as aerospace equipment.

Driven by Technological Innovation: The application of technologies such as machine vision, artificial intelligence, and the Internet of Things has made glue filling machines smarter and more efficient. They can achieve precise positioning and alignment, realize remote monitoring and control, and expand the application range.

Requirements for Environmental Protection and Energy Conservation: With the increasing awareness of environmental protection, enterprises are urged to adopt environmentally friendly materials and optimize designs, which promotes the technological progress and product upgrading of the industry and brings new opportunities.

Development of Customized Services: As market demands become more diversified and segmented, enterprises providing diversified and customized services will help to expand market share and promote market development.

Challenging Factors:

Fierce Market Competition: The global market competition is fierce. There are numerous domestic and foreign enterprises, and their technological and service levels vary. Price wars, quality competitions and other means frequently emerge, putting great pressure on the development of enterprises.

Rapid Technological Upgrading: The development of science and technology has accelerated the technological upgrading of glue filling machines. Enterprises need to continuously invest in research and development, which imposes high requirements on their innovation capabilities and financial strength.

Fluctuations in Raw Material Prices: Fluctuations in the prices of raw materials in the production process will affect the costs and profits of enterprises and have a certain impact on market development.

Overall, the market scale of automatic glue filling machines is expected to continue to expand, and the prospects are broad. However, enterprises need to innovate and enhance their competitiveness to cope with challenges.