Market Analysis and Insights: Global Surface Mount Technology (SMT) Equipment Market

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.

Due to the COVID-19 pandemic, the global Surface Mount Technology (SMT) Equipment market size is estimated to be worth US$ 6122.9 million in 2022 and is forecast to a readjusted size of US$ 8736.7 million by 2029 with a CAGR of 4.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Placement Equipment accounting for % of the Surface Mount Technology (SMT) Equipment global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Consumer Electronics segment is altered to an % CAGR throughout this forecast period.

In terms of manufacturers, the top 3 are Fuji, ASM Pacific Technology and Panasonic, with more than 50% market shares.

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.

Global Surface Mount Technology (SMT) Equipment Scope and Market Size

The global Surface Mount Technology (SMT) Equipment market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Surface Mount Technology (SMT) Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Placement Equipment

Printer Equipment

Reflow Oven Equipment

Others


Segment by Application


Consumer Electronics

Telecommunications Equipment

Automotive

Medical Devices

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


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