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Surface Mount Technology (SMT) Equipment Market Set to Grow with CAGR of 8.08% By 2026 With Leading Players: Panasonic Corporation, Yamaha Motor, Nikon Metrology, Universal Instruments Corporation

Global Surface Mount Technology (SMT) Equipment Market

Global Surface Mount Technology (SMT) Equipment market is expected to register a substantial CAGR of 8.08% in the forecast period of 2019-2026.This rise in market value can be attributed to the significant rise in the usage of smart gadgets/electronics along with a growing need for automation of operations in industries.. Here are the names of top key players which are covered in this report are FUJI CORPORATION; Hitachi High-Technologies Corporation; Mycronic; Nordson Corporation; Panasonic Corporation; JUTZE Intelligence Technology Co.,Ltd.; Cyber Optics Corporation; Electro Scientific Industries, Inc.; JUKI CORPORATION; Viscom AG; ASM Assembly Systems GmbH & Co. KG; ASML; Hangzhou Neoden Technology Co.,Ltd; KLA Corporation; KOH YOUNG TECHNOLOGY inc.; MIRTEC; OMRON Corporation; PARMI Corp.; Test Research, Inc.; Yamaha Motor Co., Ltd.; GLENBROOK TECHNOLOGIES; Heller Industries, Inc; Illinois Tool Works Inc.; Naprotek, Inc.; Saki Corporation; Nikon Metrology NV; Teradyne Inc.; Universal Instruments Corporation and YXLON International, among others.

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The Surface Mount Technology market research report is an extensive research pursued by the comprehensive examination gives the much-required insights regarding the market, significant proposals and a factual investigation which can be executed by the client for further business development. The client will become acquainted with about the major contending players in the market all-inclusive, alongside that all the noticeable rising players are referenced in the report of the market.

Major Market Drivers:

  • Rapid rise in usage of miniature electric circuits and components; this factor is expected to drive the growth of the market
  • Growth in the utilization of wearable devices and a significant boom in smartphones globally are expected to foster growth in the market
  • Need for effectively reducing the costs of operations while also increasing the production quantity of miniaturized electronics is expected to drive the growth of the market

Market Definition:

Surface mount technology (SMT) equipments are machinery, components and hardware accessories utilized in the production of various electronic circuits, while also being utilized for printing the various components on PCB’s. These equipments also provide more than just production features, they also provide inspection, repairing/maintenance, cleaning and placement of the components being placed on the PCB.

Market Restraints:

  • Large establishment & maintenance costs associated with these equipments is expected to restrain the growth of the market
  • Need for managing the heat associated with the frequent operational cycle; this factor is expected to restrain the market growth
  • Lack in compatibility of these machines in producing or dealing with high-powered electric components; this factor is expected to restrain the market growth

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global, By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography
  11. Company Landscape
  12. Company Profiles
  13. Related Reports

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When every business is competing to win the race, market research report is one of the major factors that will help to succeed. This market report has been prepared with the combination of steps which employs a nice blend of industry insights, practical solutions, and latest tools and technologies. It also explains market definitions, classifications, applications, and engagements in the industry. The report contains remarkable market data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry.

Segmentation:  Global Surface Mount Technology (SMT) Equipment Market

By Component- Passive Surface-Mount DevicesResistorCapacitorTransistor & DiodesIntegrated Circuits

By Equipment- Inspection Equipment, Laser/SPI (Solder Paste Inspection), X-Ray/AXI (Automated X-Ray Inspection), Optical/AOI (Automated Optical Inspection)

Placement Equipment- Low-Speed, Medium-Speed, High-Speed

By Application- Consumer Electronics, Telecommunication, Aerospace & Defense, Automotive, Medical, Industrial

By Geography- North AmericaSouth AmericaEuropeAsia-PacificMiddle East and Africa

Reasons to purchase this report-:

  • The Surface Mount Technology report provides all-encompassing perspective related to the market and comprehend the different components engaged with the purchasing choices.
  • The report analysis different projects, significant information which helps the client to settle on educated choices.
  • The report incorporates segmentation that helps in understanding developing deals with new reasoning, new aptitudes, and imaginative projects and instruments.
  • Various research tools and methodologies such SWOT analysis, PESTEL analysis etc. have been employed to investigate different market factors thoroughly.

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