Global Surface Mount Technology (SMT) Market, By Equipment (Placement Equipment, Inspection Equipment, Soldering Equipment, Screen Printing Equipment, Cleaning Equipment, Repair Equipment and Rework Equipment), Application (Consumer Electronics, Telecommunication, Automotive, Aerospace and Defense, Medical, Industrial, Energy and Power Systems), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The surface mount technology (SMT) equipment market is expected to witness market growth at a rate of 13.23% in the forecast period of 2021 to 2028. Data Bridge Market Research report on surface mount technology (SMT) equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Surface mount technology is a technique through which electronic circuit is produced. In this technology, components of electronic circuits are placed directly onto the surface of printed circuit boards (PCBs). An electronic device made with surface mount technology is called as surface mount device. In present time, all mass produced electronics hardware is manufactured by utilizing surface mount technology.
Major factors that are expected to boost the growth of the surface mount technology (SMT) equipment market in the forecast period are the upsurged demand for miniaturized consumer electronics products and the growing adoption of electric vehicles. On the other hand, increase
in the investment price of the machinery for setting up production units and the increase in the frequency and the demand for thermal management are further anticipated to impede the of the surface mount technology (SMT) equipment market in the timeline period.
In addition, the increasing integration of biometrics and security in consumer electronics devices and medical devices and the growing demand for led lighting will further provide potential opportunities for the growth of the surface mount technology (SMT) equipment market in the coming years. However, the appearance of new assembly techniques such as 3d printing and embedded components, difficulties in repair, rework, and the dependability for surface mount technology manufactured Pcbs might further challenge the growth of the surface mount technology (SMT) equipment market in the near future.
This surface mount technology (SMT) equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surface mount technology (SMT) equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Bipolar Discrete Semiconductor Market Scope and Market Size
The surface mount technology (SMT) equipment market is segmented on the basis of equipment and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of equipment, the surface mount technology (SMT) equipment market is segmented into placement equipment, inspection equipment, soldering equipment, screen printing equipment, cleaning equipment, repair equipment and rework equipment.
- On the basis of application, the surface mount technology (SMT) equipment market is segmented into consumer electronics, Telecommunication, automotive, aerospace and defense, Medical, Industrial, Energy and Power Systems.
Bipolar Discrete Semiconductor Market Country Level Analysis
The surface mount technology (SMT) equipment market is analysed and market size, volume information is provided by country, equipment and application as referenced above.
The countries covered in the surface mount technology (SMT) equipment market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia Pacific dominates the surface mount technology (SMT) equipment market due to the thriving electronic contract manufacturing. Furthermore, the swift growth of industrialization, the GDP growth and the increasing of the infrastructural development will further boost the growth of the surface mount technology (SMT) equipment market in the region during the forecast period. Europe is projected to observe significant amount of growth in the surface mount technology (SMT) equipment market due to the growth of hardware and manufacturing industry by supporting innovative start-ups. Moreover, the electronic manufacturing clusters which is further anticipated to propel the surface mount technology (SMT) equipment market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bipolar Discrete Semiconductor Market Share Analysis
The surface mount technology (SMT) equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to surface mount technology (SMT) equipment market.
The major players covered in the surface mount technology (SMT) equipment market report are FUJI CORPORATION, Hitachi, Ltd., MycronicNordson Corporation, Panasonic Corporation, JUTZE Intelligence Technology Co.,Ltd., CyberOptics, Electro Scientific Industries, Inc., JUKI CORPORATION., Viscom AG, ASM Assembly Systems GmbH & Co. KG, ASML Holding, Hangzhou Neoden Technology Co.,Ltd, KLA Corporation., KOH YOUNG TECHNOLOGY inc., MIRTEC CO., LTD., OMRON Corporation, PARMI, Test Research, Inc., Yamaha Motor Co., Ltd., GLENBROOK TECHNOLOGIES, Heller Industries, Inc., Illinois Tool Works Inc., Naprotek, Inc, LLC.,SAKI CORPORATION, Nikon Metrology NV, Teradyne Inc., Universal Instruments Corporation, YXLON International, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Surface Mount Technology (SMT) Equipment Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.