SMT Equipment Market is expected to Size and Analysis, Forecast to a valuation of US$ 9,025.3 Mn by the end of 2030 – Reports and Insights
The recently published report titled, “SMT Equipment Market: Opportunity Analysis and Future Assessment 2023-2030” in the database of the Reports and Insights be of assistance to a paradigm solution for clearer and greater understanding of the market. It is beneficial in determining the size of the market for particular products. These leading players functioning in this market are in rigorous competition in terms of innovation, technology, product pricing and product development. Moreover, the market study helps in establishing sales prophecies for its products and therefore, creating symmetrical adjustment between demand and supply of its products.
The SMT equipment market is estimated to reach at a value of US$ 6,219.8 Mn by the end of 2022 and expected to reach at a value of US$ 9,025.3 Mn by 2030 with a significant CAGR of 4.8%.
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SMT Equipment Introduction
Surface-mount technology (SMT) can be understood as a technique for manufacturing electronic circuits in which the constituents are installed or positioned forthwith onto the exterior of printed circuit boards (PCBs). An electronic device developed with surface-mount technology is known as a surface-mount device (SMD). In the industry, the surface-mount technology has extensively substituted the through-hole technology construction approach of fitting elements with conducting leads into holes in the circuit board. Notably, both the technologies can be employed on the same board, however, the through-hole technology used for elements is not considered adequate for surface mounting such as heat-sinked power semiconductors and large transformers.
An SMT constituent is generally smaller in comparison to its through-hole equivalent as it has either smaller leads or no leads at all. It is likely to have short leads or pins of different styles, flat contacts, an array of solder balls (BGAs), or terminals on the body of the element. One of the major factors that is primarily driving the demand of surface-mount technology (SMT) across the markets is the ramped-up demand for miniaturized consumer electronics products along with the increased manufacturing of ventilators, medical devices, and other critical equipment all across the world. Attributing to which, the global SMT Equipment Market Size is projected to rise significantly over the years.
Some of the key questions answered in this report:
- Which are the five top players of the SMT Equipment Market?
- How will the SMT Equipment Market change in the upcoming years?
- Which product and application will take a share of the SMT Equipment Market?
- What are the drivers and restraints of the SMT Equipment Market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the SMT Equipment Market throughout the forecast period?
- What is the current market size, what will the market size be in 2030 and what will the growth rate be?
- What are the challenges to grow in the market?
- What are the market opportunities and challenges faced by the key vendors?
- Who are the major competitors and what is their strategy?
- What are the barriers to entry for new players in the market?
SMT Equipment Market Segmentation
The global SMT Equipment market is segmented on the basis of equipment, application, and region.
By Equipment
- SMT Placement Equipment
- Low-Speed Placement
- Medium-Speed Placement
- High-Speed Placement
- SMT Inspection Equipment
- Automated Optical Inspection
- X-Ray Inspection
- Solder Paste Inspection
- SMT Soldering Equipment
- Reflow Soldering
- Wave Soldering
- Selective Soldering
- SMT Screen Printer Equipment
- Manual Screen Printing
- Semi-Automatic Screen Printing
- Fully Automatic Screen Printing
- SMT Dispenser Equipment
- In-Line Dispenser
- Off-Line Dispenser
- Cleaning Equipment
- Repair Equipment
- Rework Equipment
By Application
- Consumer Electronics
- Telecommunication
- Automotive
- Aerospace and Defense
- Medical
- Industrial
- Energy
- Power Systems
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
SMT Equipment Market Key Players
Some of the key participating players in global SMT Equipment market are:
- FUJI CORPORATION
- Hitachi, Ltd.
- Mycronic Nordson 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
To view Top Players, Segmentation and other Statistics of SMT Equipment Industry, Get Sample Report @: https://reportsandinsights.com/free-customization/4856
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