Surface Mount Technology Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Equipment (Screen Print Equipment, Soldering Equipment, Inspection Equipment, Placement Equipment, Cleaning Equipment, Others), By Industry Vertical (Telecommunication, Consumer Electronics, Aerospace And Defense, Automotive, Healthcare, Others), And By Geography - Forecasts From 2020 To 2025

Published:  May 2021 Report Code: KSI061610196 Pages: 128

The surface mount technology market is projected to grow at a CAGR of 6.81% to reach US$6.471 billion by 2025, from US$4.358 billion in 2019. The technology is increasingly being adopted on account of advantages such as reduced manufacturing cost, higher component density, and simpler and faster automation.

The growing global electronics industry and increasing usage of flexible equipment on PCBs are some of the key factors driving the surface mount technology market growth. Miniaturization of electronic components and focus on reducing defects are additional factors boosting the demand for surface mount technology equipment. However, the high cost of SMT equipment will restraint the market growth during the forecast period.  

Under the application segment, consumer electronics held the largest global market share in 2016 and will continue its dominance till the end of the forecast period. There has been an increasing demand for smartphones, tablets, GPS navigation systems, and other electronic products across the globe. Miniaturization of components and technological development will further bolster the demand for surface mount technology equipment by enterprises operating in this segment. 

Regional analysis has been provided with detailed analysis and forecast for the period 2019 to 2025. The global market has been broken down into North America, South America, Europe, the Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 10 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the surface mount technology market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the surface mount technology market.

Surface Mount Technology Market Scope:

Report Metric Details
 Market size value in 2019  US$4.358 billion
 Market size value in 2025  US$6.471 billion
 Growth Rate  CAGR of 6.81% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Equipment, Industry Vertical, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Fuji Machine MFG, Co., Hitachi, Juki Corporation, CyberOptics Corporation, Viscom   AG, Nordson Corporation, Panasonic Corporation, Allen Integrated Assemblies,   Universal Instruments Corporation 
 Customization scope  Free report customization with purchase

 

Segmentation:

  • By Equipment
    • Screen Print Equipment
    • Soldering Equipment
    • Inspection Equipment
    • Placement Equipment
    • Cleaning Equipment
    • Others
  • By Industry Vertical
    • Telecommunication
    • Consumer Electronics
    • Aerospace and Defense
    • Automotive
    • Healthcare
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Others
    • Middle East and Africa
    • Asia Pacific
      • China
      • Japan
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the surface mount technology market size by 2025?
A1. The surface mount technology market is expected to reach a market size of US$6.471 billion by 2025.


Q2. What is the size of the surface mount technology market?
A2. Surface Mount Technology Market was valued at US$4.358 billion in the year 2019.


Q3. What are the growth prospects for the surface mount technology market?
A3. The global surface mount technology market is expected to grow at a CAGR of 6.81% over the forecast period.


Q4. How is the surface mount technology market segmented?
A4. The surface mount technology market has been segmented by equipment, industry vertical, and geography.


Q5. What factors are anticipated to drive the surface mount technology market growth?
A5. The technology is increasingly being adopted on account of advantages such as reduced manufacturing cost, higher component density, and simpler and faster automation.

1. Introduction
1.1. Market Definition
1.2. Market Segmentation
 
2. Research Methodology
2.1. Research Data
2.2. Assumptions
 
3. Executive Summary
3.1. Research Highlights
 
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
 
5. Surface Mount Technology Market Analysis, By Equipment
5.1. Introduction
5.2. Screen Print Equipment
5.3. Soldering Equipment
5.4. Inspection Equipment
5.5. Placement Equipment
5.6. Cleaning Equipment
5.7. Others
 
6. Surface Mount Technology Market Analysis, By Industry Vertical
6.1. Introduction
6.2. Telecommunication
6.3. Consumer Electronics
6.4. Aerospace and Defense
6.5. Automotive
6.6. Healthcare
6.7. Others
 
7. Surface Mount Technology Market Analysis, By Geography
7.1. Introduction
7.2. North America
7.2.1. By Equipment
7.2.2. By Industry Vertical
7.2.3. By Country
7.2.3.1. USA
7.2.3.2. Canada
7.2.3.3. Mexico
7.3. South America
7.3.1. By Equipment
7.3.2. By Industry Vertical
7.3.3. By Country
7.3.3.1. Brazil
7.3.3.2. Others
7.4. Europe
7.4.1. By Equipment
7.4.2. By Industry Vertical
7.4.3. By Country
7.4.3.1. Germany
7.4.3.2. France
7.4.3.3. United Kingdom
7.4.3.4. Others
7.5. Middle East and Africa
7.5.1. By Equipment
7.5.2. By Industry Vertical
7.6. Asia Pacific
7.6.1. By Equipment
7.6.2. By Industry Vertical
7.6.3. By Country
7.6.3.1. China
7.6.3.2. Japan
7.6.3.3. India
7.6.3.4. Others
 
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
 
9. Company Profiles
9.1. Fuji Machine MFG, Co.,
9.2. Hitachi
9.3. Juki Corporation
9.4. CyberOptics Corporation
9.5. Viscom AG
9.6. Nordson Corporation
9.7. Panasonic Corporation
9.8. Allen Integrated Assemblies
9.9. Universal Instruments Corporation

Fuji Machine MFG, Co.,

Hitachi

Juki Corporation

CyberOptics Corporation

Viscom AG

Nordson Corporation

Panasonic Corporation 

Allen Integrated Assemblies

Universal Instruments Corporation 

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