Surface-mount technology (SMT) is a method for producing electronic circuits in which the components are mounted or placed directly onto the surface of printed circuit boards (PCBs). An electronic device so made is called a surface-mount device (SMD).
Surface-mount technology (SMT) equipment in this report include placement equipment, printer equipment, reflow oven equipment, etc.
According to our (Global Info Research) latest study, the global Surface Mount Technology (SMT) Equipment market size was valued at USD 6300.1 million in 2022 and is forecast to a readjusted size of USD 8633 million by 2029 with a CAGR of 4.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In terms of manufacturers, the top 3 are Fuji, ASM Pacific Technology and Panasonic, with more than 50% market shares.
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Market segment by Type
Placement Equipment
Printer Equipment
Reflow Oven Equipment
Others
Market segment by Application
Consumer Electronics
Telecommunications Equipment
Automotive
Medical Devices
Others
Major players covered
Fuji Corporation
ASM Pacific Technology
Panasonic
Yamaha Motor
Koh Young
Mycronic
Juki
Hanwha Precision Machinery
ITW EAE
Kulicke & Soffa
GKG
Viscom
Mirtec
Universal Instruments
Kurtz Ersa
Test Research (TRI)
Europlacer
BTU International
Parmi
Saki
Heller Industries
Mirae
Beijing Borey
Beijing Torch
Asia Pacific is the largest consumption place, with a consumption market share about 55%.
On the basis of product type, placement equipment segment is projected to account for the largest value market share during the forecast period, this segment was estimated to account for 50% share in terms of value.
In the applications, consumer electronics segment was estimated to account for the highest market share of 30%. Automotive segment held 20% of the market.
This report is a detailed and comprehensive analysis for global Surface Mount Technology (SMT) Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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