The global market for Surface Mount Technology (SMT) Equipment is estimated at US$4.0 Billion in 2023 and is projected to reach US$6.3 Billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the SMT equipment market is driven by several factors. The rising demand for miniaturized and lightweight electronic devices in consumer electronics and automotive sectors is a significant driver. The continuous advancements in telecommunications, particularly with the rollout of 5G technology, require sophisticated and reliable electronic components, boosting the need for SMT equipment. Additionally, the increasing complexity of electronic circuits in various applications necessitates the use of advanced SMT equipment to ensure precision and efficiency. The trend towards Industry 4.0 and the integration of IoT in manufacturing processes also contribute to the market growth, as manufacturers seek to enhance production capabilities and maintain competitiveness.
The growth in the SMT equipment market is driven by several factors. The rising demand for miniaturized and lightweight electronic devices in consumer electronics and automotive sectors is a significant driver. The continuous advancements in telecommunications, particularly with the rollout of 5G technology, require sophisticated and reliable electronic components, boosting the need for SMT equipment. Additionally, the increasing complexity of electronic circuits in various applications necessitates the use of advanced SMT equipment to ensure precision and efficiency. The trend towards Industry 4.0 and the integration of IoT in manufacturing processes also contribute to the market growth, as manufacturers seek to enhance production capabilities and maintain competitiveness.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Consumer Electronics Application segment, which is expected to reach US$2.1 Billion by 2030 with a CAGR of a 6.5%. The Telecommunications Application segment is also set to grow at 6.4% CAGR over the analysis period.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Surface Mount Technology (SMT) Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Surface Mount Technology (SMT) Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Surface Mount Technology (SMT) Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Excelitas Technologies Corporation, ASM International NV, Electro Scientific Industries, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 112 Featured):
- Excelitas Technologies Corporation
- ASM International NV
- Electro Scientific Industries, Inc.
- CyberOptics Corporation
- Accutron, Inc.
- AEM Components, Inc.
- Air-Vac Engineering Co., Inc.
- BTU International, Inc.
- Alco Holdings Ltd.
- EsiWelma Srl
- Fuji Machine Manufacturing Co., Ltd.
- Autotronik-SMT GmbH
- Florida CirTech
- Beijing Torch SMT Co., Ltd.
- Advanced Mechatronics Solutions, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREATAIWANREST OF ASIA-PACIFICREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
ASIA-PACIFIC
Companies Mentioned
- Excelitas Technologies Corporation
- ASM International NV
- Electro Scientific Industries, Inc.
- CyberOptics Corporation
- Accutron, Inc.
- AEM Components, Inc.
- Air-Vac Engineering Co., Inc.
- BTU International, Inc.
- Alco Holdings Ltd.
- EsiWelma Srl
- Fuji Machine Manufacturing Co., Ltd.
- Autotronik-SMT GmbH
- Florida CirTech
- Beijing Torch SMT Co., Ltd.
- Advanced Mechatronics Solutions, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 466 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 4 Billion |
| Forecasted Market Value ( USD | $ 6.3 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
