Press release
Surface Mount Technology Equipment Market - Huge Investment in Consumer Electronics Segment across the Globe
Surface mount technology (SMT) equipment uses different works on advanced principles and soldering equipment to offer more electrical conductivity, which compromises improved reliability in comparison to thru-hole soldering technology. As different to modern thru-hole soldering approaches, surface mount technology communicates with the soldering of SMD on the surface of a printed circuit board. Increasing demand of consumer electronics is having a positive influence on the surface mount technology equipment market in coming years.Get an exclusive sample of this report @
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Usages of Surface Mount Technology Equipment coupled with well-established methods and techniques are some of the major driving factors for the surface mount technology equipment market. Additionally, the growing usage of different types of SMT equipment such as inspection equipment, placement equipment, soldering equipment among others in the printed circuit board manufacturing is expected to have a positive impact on the Surface Mount Technology Equipment market. In addition, various electronics manufacturing organizations across various regions especially in India, China and Indonesia among others are witnessing significant growth due to the rising spending on technological advanced SMT equipment in coming years.The global Surface Mount Technology Equipment (SMT) market is expected for a steady growth rate during the projection period of 2017 to 2025.
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Based on equipment type, the surface mount technology equipment (SMT) market is segmented into placement equipment, inspection equipment, soldering equipment and cleaning equipment among others. In addition, various interactive display (LCD/LED) manufactures are now focusing on installation of pick and placement SMT equipment in their production line due to growing adoption of interactive displays and enhanced the capability of the production.Based on end use industry, the Surface Mount Technology Equipment market has been segmented into automotive, aerospace and defense, consumer electronics, healthcare, industrial and others.Geographically, the global Surface Mount Technology Equipment market has been bifurcated into North America, Europe, Asia Pacific, Middle East and Africa, Latin America. The Surface Mount Technology Equipment market has been provided in (USD million) in terms of revenue as well as the CAGR for the forecast period of 2017 to 2025.
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