Surface Mount Technology (SMT) Printer Equipment Market Size & Share: Latest Trends, Major Companies & Global Insights 2025-2031

Los Angeles, United States - QY Research has released a new publication titled "Global Surface Mount Technology (SMT) Printer Equipment Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This comprehensive study provides an in-depth evaluation of the worldwide Surface Mount Technology (SMT) Printer Equipment industry, uncovering the major forces influencing market growth and delivering high-value insights for investors, industry leaders, and strategic decision-makers. The report examines critical elements such as market dynamics, evolving technologies, segmentation trends, regional developments, and the competitive landscape. With data backed by rigorous research and expert interpretation, it offers an authoritative guide to understanding the macroeconomic and microeconomic factors reshaping the global market.

The global market for Surface Mount Technology (SMT) Printer Equipment was estimated to be worth US$ 314 million in 2024 and is forecast to a readjusted size of US$ 444 million by 2031 with a CAGR of 4.6% during the forecast period 2025-2031.

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This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Surface Mount Technology (SMT) Printer Equipment cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Surface Mount Technology (SMT) Printer Equipment is specialized machinery used in the PCB assembly process to apply solder paste onto printed circuit boards (PCBs) before component placement. As the first step in the SMT assembly line, solder paste printers determine the accuracy and quality of subsequent component mounting and soldering. These printers use stencils, squeegees, and vision alignment systems to ensure precise deposition of solder paste on PCB pads. High-quality printing is crucial for preventing defects such as solder bridging, insufficient solder joints, or misalignment. SMT printer equipment is vital in industries like consumer electronics, automotive, telecommunications, aerospace, and medical devices, where precision and reliability are critical.

In 2024, global sales reached approximately 9.8 K Units, with an average global market price of around KUSD 32 per unit.

The SMT printer equipment market plays a critical role in the success of electronics manufacturing, as accurate solder paste application is the foundation of reliable PCB assembly. With the rising complexity of PCB designs and demand for miniaturized, high-density electronics, precision printing has become indispensable. The market is increasingly shaped by automation, digitalization, and smart manufacturing trends, with AI-enabled inspection, real-time feedback, and closed-loop systems enhancing yield and efficiency. Innovations like stencil-free jet printing and integration with 3D solder paste inspection (SPI) are transforming SMT printers into highly adaptive systems for diverse production needs.

Market Drivers, Trend & Upstream and Downstream -

Market Trend -

The SMT printer equipment market is expanding as global demand for miniaturized and multifunctional electronics grows. With PCB designs becoming denser, the importance of high-precision solder paste deposition has increased significantly, making advanced printer equipment indispensable. A key trend is the adoption of automated, high-speed, and vision-guided printers that improve placement accuracy and reduce defects. Integration of AI-driven inspection systems, closed-loop feedback control, and real-time monitoring ensures consistent quality. Manufacturers are increasingly moving toward inline printing systems that streamline production and boost throughput.

Market Drive -

The SMT printer equipment market is driven by several strong forces: Consumer Electronics Demand - The proliferation of smartphones, tablets, wearables, and IoT devices requires high-precision solder printing for compact PCBs. Automotive Electronics Growth - Electric vehicles (EVs) and ADAS systems demand reliable, miniaturized PCBs, pushing adoption of advanced SMT printers.

Upstream and Downstream -

Upstream, SMT printer equipment relies on suppliers of stencils, squeegees, solder paste, adhesives, flux, sensors, precision motors, and vision systems. Key companies include Henkel (adhesives), Indium Corporation (solder paste), AIM Solder, Asahi Kasei (chemicals) and Omron & Keyence (sensors/automation). Downstream, SMT printers are used by Electronics Manufacturing Services (EMS) companies such as Foxconn, Jabil, Flex, Celestica, and Pegatron, as well as OEMs including Apple, Samsung, Intel, Bosch, Huawei, and Siemens. Applications span consumer electronics, EVs, aerospace, telecom infrastructure, and medical devices, where printing accuracy determines final product reliability.

Major Company Included: -

GKG
ASM Pacific Technology
ITW EAE
ASYS Group
Panasonic
FUJI
Suneast
Yamaha Motor
Mycronic
Hanwha Precision Machinery
Desen
MINAMI
Inotis
HTGD Intelligent

The competitive section of the report provides essential insights needed for companies to strengthen their market positioning. It highlights the strategies adopted by leading players-covering innovation, pricing models, marketing channels, distribution networks, and regional expansion. This evaluation enables market participants to identify competitive advantages and understand challenges that may affect their long-term performance.

Market Segmentation -

The report presents a granular breakdown of the global Surface Mount Technology (SMT) Printer Equipment market, emphasizing CAGR, market share, future potential, and emerging trends across each segment.

By Type

Automatic
Semi-automatic

By Application

Consumer Electronics
Telecommunications
Automotive
Medical Devices
Others

This segmentation helps identify high-growth niches and valuable investment opportunities across product types and applications.

Regional Analysis -

The report offers a detailed geographic assessment covering four major regions and key contributing countries. Insights include consumption patterns, production levels, market share distribution, and long-term growth prospects.

North America

United States
Canada
Mexico

Latin America

Brazil
Other key regional markets

Asia-Pacific

China
Japan
India
South Korea
ASEAN Countries

Europe, Middle East & Africa (EMEA)

Germany
France
United Kingdom
GCC Countries
African Nations

The analysis spans from 2024 (base year) to 2031 (forecast period).

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Why This Report Is Essential -

✔ Complete Historical & Forecast Analysis (2020-2031)
✔ Detailed Segmentation by Type, Application & Region
✔ In-Depth Competitive Landscape & Company Profiling
✔ Drivers, Restraints & Market Dynamics Explained
✔ Expert Insights to Support Strategic Planning

Report Objectives -

✔ Measure the global Surface Mount Technology (SMT) Printer Equipment market size (value & volume).
✔ Accurately analyze market shares, consumption trends, and segment performance.
✔ Examine major market dynamics and industry-shaping forces.
✔ Identify and discuss key production, revenue, and sales trends.
✔ Profile top market players and evaluate their competitive strategies.
✔ Review manufacturing practices, pricing structures, and cost trends.
✔ Compare regional and national market performance across key geographies.
✔ Forecast segment-wise and region-wise growth opportunities through 2031.

Key Questions Answered in the Report -

✔ What is the size and estimated growth rate of the global and regional Surface Mount Technology (SMT) Printer Equipment market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Surface Mount Technology (SMT) Printer Equipment Product Introduction
1.2 Global Surface Mount Technology (SMT) Printer Equipment Market Size Forecast
1.2.1 Global Surface Mount Technology (SMT) Printer Equipment Sales Value (2020-2031)
1.2.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume (2020-2031)
1.2.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Price (2020-2031)
1.3 Surface Mount Technology (SMT) Printer Equipment Market Trends & Drivers
1.3.1 Surface Mount Technology (SMT) Printer Equipment Industry Trends
1.3.2 Surface Mount Technology (SMT) Printer Equipment Market Drivers & Opportunity
1.3.3 Surface Mount Technology (SMT) Printer Equipment Market Challenges
1.3.4 Surface Mount Technology (SMT) Printer Equipment Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Surface Mount Technology (SMT) Printer Equipment Players Revenue Ranking (2024)
2.2 Global Surface Mount Technology (SMT) Printer Equipment Revenue by Company (2020-2025)
2.3 Global Surface Mount Technology (SMT) Printer Equipment Players Sales Volume Ranking (2024)
2.4 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Company Players (2020-2025)
2.5 Global Surface Mount Technology (SMT) Printer Equipment Average Price by Company (2020-2025)
2.6 Key Manufacturers Surface Mount Technology (SMT) Printer Equipment Manufacturing Base and Headquarters
2.7 Key Manufacturers Surface Mount Technology (SMT) Printer Equipment Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Surface Mount Technology (SMT) Printer Equipment
2.9 Surface Mount Technology (SMT) Printer Equipment Market Competitive Analysis
2.9.1 Surface Mount Technology (SMT) Printer Equipment Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Surface Mount Technology (SMT) Printer Equipment Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Surface Mount Technology (SMT) Printer Equipment as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Automatic
3.1.2 Semi-automatic
3.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Type
3.2.1 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Value, by Type (2020-2031)
3.2.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Value, by Type (%) (2020-2031)
3.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Type
3.3.1 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume, by Type (2020-2031)
3.3.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume, by Type (%) (2020-2031)
3.4 Global Surface Mount Technology (SMT) Printer Equipment Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Consumer Electronics
4.1.2 Telecommunications
4.1.3 Automotive
4.1.4 Medical Devices
4.1.5 Others
4.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Application
4.2.1 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Value, by Application (2020-2031)
4.2.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Value, by Application (%) (2020-2031)
4.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Application
4.3.1 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume, by Application (2020-2031)
4.3.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume, by Application (%) (2020-2031)
4.4 Global Surface Mount Technology (SMT) Printer Equipment Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Region
5.1.1 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Region (2020-2025)
5.1.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Region (2026-2031)
5.1.4 Global Surface Mount Technology (SMT) Printer Equipment Sales Value by Region (%), (2020-2031)
5.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Region
5.2.1 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Region (2020-2025)
5.2.3 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Region (2026-2031)
5.2.4 Global Surface Mount Technology (SMT) Printer Equipment Sales Volume by Region (%), (2020-2031)
5.3 Global Surface Mount Technology (SMT) Printer Equipment Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
5.4.2 North America Surface Mount Technology (SMT) Printer Equipment Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
5.5.2 Europe Surface Mount Technology (SMT) Printer Equipment Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
5.6.2 Asia Pacific Surface Mount Technology (SMT) Printer Equipment Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
5.7.2 South America Surface Mount Technology (SMT) Printer Equipment Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
5.8.2 Middle East & Africa Surface Mount Technology (SMT) Printer Equipment Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Surface Mount Technology (SMT) Printer Equipment Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Surface Mount Technology (SMT) Printer Equipment Sales Value and Sales Volume
6.2.1 Key Countries/Regions Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
6.2.2 Key Countries/Regions Surface Mount Technology (SMT) Printer Equipment Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
6.3.2 United States Surface Mount Technology (SMT) Printer Equipment Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Surface Mount Technology (SMT) Printer Equipment Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
6.4.2 Europe Surface Mount Technology (SMT) Printer Equipment Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Surface Mount Technology (SMT) Printer Equipment Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
6.5.2 China Surface Mount Technology (SMT) Printer Equipment Sales Value by Type (%), 2024 VS 2031
6.5.3 China Surface Mount Technology (SMT) Printer Equipment Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
6.6.2 Japan Surface Mount Technology (SMT) Printer Equipment Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Surface Mount Technology (SMT) Printer Equipment Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
6.7.2 South Korea Surface Mount Technology (SMT) Printer Equipment Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Surface Mount Technology (SMT) Printer Equipment Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
6.8.2 Southeast Asia Surface Mount Technology (SMT) Printer Equipment Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Surface Mount Technology (SMT) Printer Equipment Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Surface Mount Technology (SMT) Printer Equipment Sales Value, 2020-2031
6.9.2 India Surface Mount Technology (SMT) Printer Equipment Sales Value by Type (%), 2024 VS 2031
6.9.3 India Surface Mount Technology (SMT) Printer Equipment Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 GKG
7.1.1 GKG Company Information
7.1.2 GKG Introduction and Business Overview
7.1.3 GKG Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 GKG Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.1.5 GKG Recent Development
7.2 ASM Pacific Technology
7.2.1 ASM Pacific Technology Company Information
7.2.2 ASM Pacific Technology Introduction and Business Overview
7.2.3 ASM Pacific Technology Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 ASM Pacific Technology Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.2.5 ASM Pacific Technology Recent Development
7.3 ITW EAE
7.3.1 ITW EAE Company Information
7.3.2 ITW EAE Introduction and Business Overview
7.3.3 ITW EAE Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 ITW EAE Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.3.5 ITW EAE Recent Development
7.4 ASYS Group
7.4.1 ASYS Group Company Information
7.4.2 ASYS Group Introduction and Business Overview
7.4.3 ASYS Group Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 ASYS Group Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.4.5 ASYS Group Recent Development
7.5 Panasonic
7.5.1 Panasonic Company Information
7.5.2 Panasonic Introduction and Business Overview
7.5.3 Panasonic Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Panasonic Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.5.5 Panasonic Recent Development
7.6 FUJI
7.6.1 FUJI Company Information
7.6.2 FUJI Introduction and Business Overview
7.6.3 FUJI Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 FUJI Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.6.5 FUJI Recent Development
7.7 Suneast
7.7.1 Suneast Company Information
7.7.2 Suneast Introduction and Business Overview
7.7.3 Suneast Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Suneast Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.7.5 Suneast Recent Development
7.8 Yamaha Motor
7.8.1 Yamaha Motor Company Information
7.8.2 Yamaha Motor Introduction and Business Overview
7.8.3 Yamaha Motor Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Yamaha Motor Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.8.5 Yamaha Motor Recent Development
7.9 Mycronic
7.9.1 Mycronic Company Information
7.9.2 Mycronic Introduction and Business Overview
7.9.3 Mycronic Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Mycronic Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.9.5 Mycronic Recent Development
7.10 Hanwha Precision Machinery
7.10.1 Hanwha Precision Machinery Company Information
7.10.2 Hanwha Precision Machinery Introduction and Business Overview
7.10.3 Hanwha Precision Machinery Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Hanwha Precision Machinery Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.10.5 Hanwha Precision Machinery Recent Development
7.11 Desen
7.11.1 Desen Company Information
7.11.2 Desen Introduction and Business Overview
7.11.3 Desen Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Desen Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.11.5 Desen Recent Development
7.12 MINAMI
7.12.1 MINAMI Company Information
7.12.2 MINAMI Introduction and Business Overview
7.12.3 MINAMI Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 MINAMI Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.12.5 MINAMI Recent Development
7.13 Inotis
7.13.1 Inotis Company Information
7.13.2 Inotis Introduction and Business Overview
7.13.3 Inotis Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Inotis Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.13.5 Inotis Recent Development
7.14 HTGD Intelligent
7.14.1 HTGD Intelligent Company Information
7.14.2 HTGD Intelligent Introduction and Business Overview
7.14.3 HTGD Intelligent Surface Mount Technology (SMT) Printer Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 HTGD Intelligent Surface Mount Technology (SMT) Printer Equipment Product Offerings
7.14.5 HTGD Intelligent Recent Development
8 Industry Chain Analysis
8.1 Surface Mount Technology (SMT) Printer Equipment Industrial Chain
8.2 Surface Mount Technology (SMT) Printer Equipment Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Surface Mount Technology (SMT) Printer Equipment Sales Model
8.5.2 Sales Channel
8.5.3 Surface Mount Technology (SMT) Printer Equipment Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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