SMT (Surface Mount Technology) equipment is the robotic machines that are used for inspection, placement, soldering, screen printing, cleaning, and other tasks. Growing usage of flex circuits in wearable electronics across various sectors, increasing adoption of SMT equipment with smart machines are the major driving factor for the growth of the SMT equipment market. Rapid innovations in the PCB assembly for modern medical due to the growing needs of consumers in the SMT equipment are propelling the growth of the SMT equipment market during the forecast period.
The growing manufacturing of medical devices, ventilators, and other critical equipment coupled with the current trend of miniaturization of devices with superior performance and lower cost of configuration is also positively impacting the growth of the SMT equipment market. The improving product technology, reliability, responsiveness, and quality of inspection, and the increasing need for this equipment in consumer electronics, telecom, automotive, and other sectors are expected to influence the demand for the SMT equipment market.
The "Global SMT Equipment Market Analysis to 2028" is a specialized and in-depth study of the SMT equipment industry with a special focus on the global market trend analysis. The report aims to provide an overview SMT equipment market with detailed market segmentation as equipment type, component, end-user, and geography. The global SMT equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading SMT equipment market players and offers key trends and opportunities in the SMT equipment market.
The global SMT equipment market is segmented on the basis of equipment type, component, end-user. On the basis of equipment type the market is segmented as inspection equipment, placement equipment, soldering equipment, screen printing equipment, cleaning equipment, others. On the basis of component the market is segmented as passive surface-mount devices, transistor and diodes, integrated circuits. On the basis of end-user the market is segmented as consumer electronics, telecommunication, aerospace and defense, automotive, medical, industrial, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global SMT equipment market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The SMT equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting SMT equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the SMT equipment market in these regions.
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The reports cover key developments in the SMT equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from SMT equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for SMT equipment in the global market. Below mentioned is the list of few companies engaged in the SMT equipment market.
The report also includes the profiles of key SMT equipment companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
ASM Assembly Systems GmbH & Co.KG
Electro Scientific Industries, Inc.
Fuji Machine Manufacturing Co., Ltd.
Hitachi High-Technologies Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. ASM Assembly Systems GmbH and Co.KG
2. Cyberoptics Corporation
3. Electro Scientific Industries, Inc.
4. Fuji Machine Manufacturing Co., Ltd.
5. Hitachi High-Technologies Corporation
6. Juki Corporation
7. Mycronic AB
8. Nordson Corporation
9. Orbotech Ltd.
10. Viscom AG