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Solder Paste Inspection (SPI) System Market will register a 2.6% CAGR in terms of revenue, reach US$ 270 million by 2023, from US$ 240 million in 2017

08-08-2018 11:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Beam

Solder Paste Inspection (SPI) System Market will register a 2.6%

Over the next five years, the research study projects that Solder Paste Inspection (SPI) System Market will register a 2.6% CAGR in terms of revenue, reach US$ 270 million by 2023, from US$ 240 million in 2017.

This report studies the Solder Paste Inspection (SPI) System market, Solder Paste Inspection is mainly done to check the solder paste deposits in the Printed Circuit Board (PCB) manufacturing process. It is observed that most of the solder joint defects in a PCB assembly are because of improper solder paste printing. With the help of solder paste inspection (SPI), you can reduce the defects related to soldering by a considerable amount.

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Numerous studies have been performed over the last few years proving that up to 70% of all SMD solder joint issues, can be traced back to the solder paste printing process. These printing errors may be caused by incorrect printer setup, stencil damage, stencil design or type, solder paste type, solder paste conditions or a collection of several issues.
The global Solder Paste Inspection (SPI) System market concentration rate is high and dominated by several players from Korea, Taiwan, Japan, United States and Germany; Koh Young, MirTec Ltd, PARMI Corp and Pemtron are from Korea; Test Research, Inc (TRI) and Jet Technology from Taiwan; CyberOptics Corporation, Machine Vision Products (MVP), Caltex Scientific and ASC International from United States; and Viscom AG and Vi TECHNOLOGY from Europe. In 2017, Koh Young and Test Research, Inc (TRI) occupied more than 60 percent of global market.

Currently, In-line SPI systems are dominating the market, due to the superior performance and the market demand. The SPI system market is mainly driven by the demand from Automotive and Consumer Electronics; other end market like communications, aerospace and medical fields will play more and more role in future.
This report presents a comprehensive overview, market shares, and growth opportunities of Solder Paste Inspection (SPI) System market by product type, application, key manufacturers and key regions.
To calculate the market size, the research study considers value and volume generated from the sales of the following segments. Segmentation by product type are In-line SPI System and Off-line SPI System. Also, the segmentation by application are Automotive Electronics, Consumer Electronics, Industrials and others.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as Koh Young (Korea), CyberOptics Corporation, Test Research, Inc (TRI) (Taiwan), MirTec Ltd (Korea), PARMI Corp (Korea), Viscom AG (Germany), ViTrox (Malaysia), Vi TECHNOLOGY (France), Mek (Marantz Electronics) (Japan), CKD Corporation (Japan), Pemtron (Korea), SAKI Corporation (Japan), Machine Vision Products (MVP) (US), Caltex Scientific (US), ASC International (US), Sinic-Tek Vision Technology (China), Shenzhen JT Automation Equipment (China) and Jet Technology (Taiwan)

Get a discount on this research report: https://www.researchbeam.com/2018-2023-global-solder-paste-inspection-spi-system-consumption-report-market/purchase-enquiry

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Related Report:
Global E-Beam Wafer Inspection System Market Professional Survey Report 2018
This report studies E-Beam Wafer Inspection System in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Applied Materials, ASML Holding, KLA-Tencor, Lam Research, Hermes Microvision Inc, Hitachi High-Technologies, Integrated Device Technology, STMicroelectronics, GlobalFoundries, Semiconductor Manufacturing International, Taiwan Semiconductor Manufacturing, NXP Semiconductors N.V. and Renesas Electronics.

Read More: https://www.researchbeam.com/global-e-beam-wafer-inspection-system-professional-survey-report-2018-market

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