openPR Logo
Press release

Surface Mount Technology Equipment Market - Placement Equipment to Account for Massive Chunk in Global Revenues

Surface Mount Technology Equipment Market - Placement

Global Surface Mount Technology (SMT) Equipment Market: Snapshot

Surface mount technology (SMT) started becoming widely used in the late 1980’s with the increased global demand for electronic circuits in a number of applications across industries such as consumer electronics, telecommunication, automotive, aeronautics, and healthcare. The equipment used to implement the technology, comprising of an end-to-end assembly line that includes a surface mount technology equipment printer, place-and-pick machine, and reflow oven that places surface mount devices onto a printed circuit board, have replaced conventional electronic circuit production lines in electronics companies at a rapid pace ever since.

In the intensely competitive electronic circuit board manufacturing industry, companies have benefitted significantly from the easily modular, efficient, and adaptable SMT solutions in their way to becoming market leaders. The field of surface mount technology equipment has witnessed innovation at a rapid pace over the years, leading to the development of equipment with a high level of innovation, enabling vast sophistication in technology and reduced size of electronic gadgets. With the rising demand for complex printed circuit boards and assemblies, companies in the surface mount technologies are provided vast growth opportunities.

Obtain Report Details @ http://www.transparencymarketresearch.com/surface-mount-technology-equipment-market.html

Furthermore, huge investment in consumer electronics segment across the globe, government initiatives and useful application across a number of end-use industries are projected to lead to promising growth opportunities for SMT equipment companies in the next few years as well. Transparency Market Research estimates that the market will exhibit a promising 4.4% CAGR from 2017 to 2025, rising from a valuation of US$4845.7 mn in 2016 to US$7075.8 mn by 2025.

Placement Equipment to Account for Massive Chunk in Global Revenue

In terms of equipment type, the surface mount technology equipment market is segmented in the report into placement equipment, inspection equipment, soldering equipment and cleaning equipment. Of these, the global market for surface mount technology equipment earns a massive chunk of its overall revenue from sales of placement equipment. The segment accounted for a massive 35.7% of the global market and is expected to gain around 2% more in its share in the global market by the end of the forecast period. The rising global demand for printed circuit boards in products such as smartphones and other popular varieties of smart computing devices and wearables is expected to remain key to the strong demand observed for SMT placement equipment over the said period.

Asia Pacific to Remain Key Contributor of Revenue to Global SMT Equipment Market

In terms of geography, Asia Pacific dominated the global SMT equipment market in 2016, accounting for a nearly 42% of the market in 2016. The presence of some of the leading SMT equipment manufacturers as well as of several leading consumer electronics companies in the region have provided vast growth opportunities to the regional market in the past few years and are expected to continue to drive the market over the forecast period as well. The Asia Pacific SMT equipment market is also expected to benefit from initiatives taken by electronics manufacturers to upgrade product lines.

Fill The Form For An Exclusive Sample Of This Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5516

North America acquired the second leading position in the global surface mount technology equipment market, accounting for more than 25% in 2016, in terms of revenue. The market in North America has evolved during the past decade due to vast technological advancements across a number of end-use industries. Substantial industrial development activities and early penetration of latest technology in the U.S. are also the key factors driving the growth of the North America surface mount technology equipment market. Moreover, the electronics manufacturing services (EMS) industry in North America has witnessed stable growth in the recent years and is expected to witness steady growth during the forecast period as well, which, in turn, is set to drive the surface mount technology equipment market in this region from 2017-2025.

Some of the leading companies operating in the global surface mount technology equipment market are Mycronic AB (Sweden), Nordson Corporation (The U.S), Viscom AG (Germany), Fuji Machine Mfg. Co., Ltd. (Japan), ASML Holding, N.V. (Netherlands), KLA-Tencor Corporation (The U.S),Juki Corporation (Japan), Panasonic Corporation (Japan), Hitachi, Ltd. (Japan), and Orbotech Ltd. (Israel)

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Surface Mount Technology Equipment Market - Placement Equipment to Account for Massive Chunk in Global Revenues here

News-ID: 605673 • Views:

More Releases from Transparency Market Research Technology

Vehicle Analytics Market to reach US$10,215.5 mn by 2025 | Key Companies are Agn …
Vehicle analytics can be categorized as solutions implemented on vehicles that helps to gain insights about the vehicles. Vehicle analytics’ application range from the farmers to large scale fleet operators as these help them with a number of benefits like increased safety, faster threat detection, vehicle tracking, and monitoring the driving behavior among others The advancement in technologies and enhanced safety provided by vehicle analytics are expected to be major drivers
System Integration Market - Segment which Held the Share of 28.2% of the Total A …
The global system integration market was valued at USD 191.36 billion in 2013 and is expected to reach USD 377.59 billion by 2020, growing at a CAGR of 10.9% during the forecast period from 2014 to 2020. In terms of revenue, North America was the largest regional market for system integration which accounted for 33.0% of the total system integration market in 2013. Asia Pacific is expected to be the
mHealth Services Market - Global Industry Size, Share, Growth, Trends and Forecast 2020
mHealth Services Market - Global Industry Size, Share, Growth, Trends and Foreca …
mHealth, a fast growing technology-driven service, is expected to change the way health services are delivered worldwide. It involves delivery of healthcare related services to end-users by medium of mobile phones (smartphones). Rising incidences of chronic diseases have elevated the need for accessibility of quality and low cost healthcare services for the masses. The situation has been further aggravated by the declining ratio of healthcare service providers to target population.
Enterprise Video Content Management Market : Recent Industry Developments and Growth Strategies Adopted by Players
Enterprise Video Content Management Market : Recent Industry Developments and Gr …
A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management market will continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific. For instance, about a year ago, Panopto partnered with

All 5 Releases


More Releases for SMT

Global SMT Stencil Printer Market Analysis by 2020-2025
Scope of the Report: The global SMT Stencil Printer market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx%% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019. Market segmentation SMT Stencil Printer market is split by Type and by Application. For the period 2015-2025, the growth
Global SMT Inspection Equipment Market Growth 2019-2024
Market Research Report Store offers a latest published report on SMT Inspection Equipment Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global SMT Inspection Equipment players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the SMT Inspection Equipment with
Global SMT Stencil Printer Market Insights 2018-2025 : DEK, MPM, EKRA, Siemens, …
The global "SMT Stencil Printer market" report offers the analyzed data of the SMT Stencil Printer market in categorized view. The SMT Stencil Printer market offers a common platform with multiple opportunities to many firms, associations, industries, and other products and services providers DEK, MPM, EKRA, Siemens, MINAMI, YAMAHA, ??SMT???, JUKI, FUJI, SONY, SANYO, HIT, Sam Sung, ESE, INOTIS, HC Automation Equipment, Sun East, PCB Unlimited, Manncorp, LPKF Laser &
Global High Speed SMT Equipments Sales Market Report 2017
Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global High Speed SMT Equipments Sales Market Report 2017” report studies the global High Speed SMT Equipments market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Request For
World SMT Placement Equipment Market Research Report 2021
ICRWorld’s SMT Placement Equipment market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market. The report includes the forecasts, analysis and discussion of important industry trends, market size, market share estimates and profiles of the
Surface Mount Technology (SMT) Equipment Market 2015 - 2023
Surface Mount Technology (SMT) is a technology which deals with mounting and soldering of surface mount devices (SMD) on the surface of a printed circuit boards (PCB). This technology differs a lot from traditional thru-hole soldering technology. SMT comparatively uses different soldering equipment and principals and offers more electrical conductivity and reliability as compared to thru-hole soldering technology. The global SMT equipment market is strengthened by the growth of global