Global Surface Mount Technology Market 2017 Size, Development Status, Type and Application, Segmentation, Forecast by 2022

“Surface Mount Technology Market”
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Surface Mount Technology Market:

Executive Summary

Surface Mount Technology (SMT) market is projected to expand at a CAGR of 6.83% to reach a total market size of US$5.244 billion by 2022, from US$3.768 billion in 2017. The technology is increasingly being adopted on account of advantages such as reduced manufacturing cost, higher component density and simpler and faster automation. Growing global electronics industry and increasing usage of flexible materials on PCBs are some of the key factors driving the surface mount technology market growth. Miniaturization of electronic components and focus on reducing defects are additional factors boosting the demand for surface mount technology equipment. However, the high cost of SMT equipment will restraint the market growth during the forecast period.

Under application segment, consumer electronics held the largest global market share in 2016 and will continue its dominance till the end of the forecast period. There has been an increasing demand for smartphones, tablets, GPS navigation systems, and other electronic products across the globe. Miniaturization of components and technological development will further bolster the demand for surface mount technology equipment by enterprises operating in this segment.

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Geographically, APAC region will dominate the global market of surface mount technology till 2022 owing to growing consumer electronics and automotive industries in China, India and other economies.

Prominent key market players in Surface Mount Technology market include Hitachi, Juki Corporation, Fuji Machine Manufacturing, and ASM Assembly Systems among others. The Global Surface Mount Technology industry is competitive due to low product differentiation. Market players are adopting different growth strategies to expand their product portfolio and gain a larger market share. Fuji Machine Manufacturing recently acquired Tower-Factory GmbH, automatic electronic parts warehouse supplier, to strengthen the company’s automatic warehousing and deliver more support for smart factories.

In this report, Surface Mount Technology market is segmented by product, industry, and geography:

By Product

  • Screen Print Equipment
  • Soldering Equipment
  • Inspection Equipment
  • Placement Equipment
  • Cleaning Equipment
  • Others

By Industry

  • Telecommunication
  • Consumer Electronics
  • Aerospace and Defense
  • Automotive
  • Healthcare
  • Others

By Geography

  • Americas
  • North America
  • U.S.
  • Canada
  • Mexico
  • Others

South America

  • Brazil
  • Argentina
  • Others

Europe Middle East and Africa

  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Others

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Israel
  • Others

Asia Pacific

  • Japan
  • China
  • India
  • Australia
  • Others

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Table of Contents

1. Introduction 
2. Research Methodology 
3. Executive Summary 
4. Market Dynamics 
    4.1. Market Overview and Segmentation 
    4.2. Drivers 
    4.3. Restraints 
    4.4. Opportunities 
    4.5. Supplier Outlook 
    4.6. Industry Outlook 
    4.7. Porter’s Five Forces Analysis 
    4.8. Industry Value Chain Analysis 
    4.9. Scenario Analysis

5. Surface Mount Technology Market Forecast by Product (US$ Billion) 
    5.1. Screen Print Equipment 
      5.1.1. Market Size and Forecast to 2022 
    5.2. Soldering Equipment 
      5.2.1. Market Size and Forecast to 2022 
    5.3. Inspection Equipment 
      5.3.1. Market Size and Forecast to 2022 
    5.4. Placement Equipment 
      5.4.1. Market Size and Forecast to 2022 
    5.5. Cleaning Equipment 
      5.5.1. Market Size and Forecast to 2022 
    5.6. Others 
      5.6.1. Market Size and Forecast to 2022

6. Surface Mount Technology Market Forecast by Industry (US$ Billion) 
    6.1. Telecommunication 
      6.1.1. Market Size and Forecast to 2022 
    6.2. Consumer Electronics 
      6.2.1. Market Size and Forecast to 2022 
    6.3. Aerospace and Defense 
      6.3.1. Market Size and Forecast to 2022 
    6.4. Automotive 
      6.4.1. Market Size and Forecast to 2022 
    6.5. Healthcare 
      6.5.1. Market Size and Forecast to 2022 
    6.6. Others 
      6.6.1. Market Size and Forecast to 2022 

…CONTINUED

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