Global Surface Mount Technology Equipment Market Report to 2027 – Emphasis on Automation Creates Conducive Environment for SMT Equipment – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Surface Mount Technology (SMT) Equipment – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
The global market for Surface Mount Technology (SMT) Equipment estimated at US$3.0 billion in the year 2020, is projected to reach a size of US$4.5 billion by 2027, displaying at a CAGR of 6.2% over the analysis period 2020-2027.
High-Speed Placement Equipment, one of the segments analyzed in the report, is projected to record a 7% CAGR to reach a market size of approximately US$2.0 billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Medium-Speed Placement Equipment segment is projected to spiral at 5.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at US$302.3 Million, While Asia-Pacific is Forecast to Grow at 6.5% CAGR
Surface Mount Technology (SMT) Equipment market in the U.S. is estimated at US$30.2.3 million in the year 2020. Asia-Pacific is forecast to reach a projected market size of US$1 billion by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan, China and Europe, each forecast to grow at a CAGR of 4.9%, 7.2% and 3.9% respectively over the 2020-2027 period.
Low-Speed Placement Equipment Segment to Record 4.8% CAGR
In the global Low-Speed Placement Equipment Segment, USA, Japan, China, and Asia-Pacific will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$326.5 million in the year 2020 will reach a projected size of US$457.1 million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets and is forecast to reach US$307.9 million by the year 2027.
Select Competitors (Total 83 Featured) –
- ASM Assembly Systems GmbH & Co. KG
- CyberOptics Corporation
- Electro Scientific Industries, Inc.
- Fuji Corporation
- Glenbrook Technologies, Inc.
- Heller Industries, Inc.
- Illinois Tool Works, Inc.
- Juki Corporation
- Koh Young Technology, Inc.
- Kulicke & Soffa Pte Ltd.
- Mycronic AB
- Naprotek, Inc.
- Nikon Metrology NV
- Nordson DAGE
- Omron Corporation
- Orbotech, Ltd.
- Panasonic Corporation
- Saki Corporation
- Teradyne, Inc.
- Universal Instruments Corporation
- Viscom AG
- Yamaha Motor Co. Ltd.
- YXLON International GmbH
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Percentage of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of August 2020
- Virus Led Economic Recession Impacts Prospects for Electronics Demand
- World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
- Surface Mount Technology (SMT): The Tech Primer
- SMT: A Curtain Raiser
- Surface Mounting: A Concise Overview of the Process
- SMT Equipment: Product Overview
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Uptrend in Electronics Manufacturing Boosts Market Prospects: Review of Primary End-Use Sectors for SMT Technology
- SMT: Key Applications in Select End-Use Sectors
- Consumer Electronics
- Global Consumer Electronics Market by Region (2020): Percentage Breakdown of Revenues for North America, Europe, Asia-Pacific (Incl. Japan), Middle East, and Latin America
- Global Home Audio Equipment Market (2020): Percentage Breakdown of Revenues for North America, Europe, Asia-Pacific (Incl. Japan), Middle East & Africa and Latin America
- Telecommunication & Mobile Communication Devices
- Global Market for Smartphones in Billions: 2016-2021
- Smartphone Penetration Rate as Share of Total Population: 2016-2021
- Transportation and Automotive Electronics
- World Automobile Production in Million Units: 2008-2022
- Automotive Electronics as a Percentage of Vehicle Production Cost for the Years 2010, 2020 & 2030
- Medical and Healthcare Devices
- Aerospace & Defense Equipment
- Commercial Airline Revenue Growth (in %) for 2010-2020
- Global Airlines Performance by Region: 2020 Vs 2019
- LED Components
- Emphasis on Automation Creates Conducive Environment for SMT Equipment
- Global Industrial Automation Market by Sector (2019): Percentage Breakdown of Investments for Automotive, Chemical, Food Processing, Oil & Gas, Packaging, Pharmaceuticals, Plastic Manufacturing, Power, Textiles and Others
- Evolving Role of ‘Smart Factory’ to Fuel Sales of Fully Automated SMT Platforms
- Industry 4.0 Promulgates the Smart Factory Concept
- A Brief Glimpse of First, Second, Third, & Fourth Industrial Revolutions
- Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
- SMT Placement Equipment Make Gains
- Robust Opportunities for SMT Screen Print Equipment
- Market Drivers and Restraints for Various Screen-Printers
- SMT Inspection Equipment Gain Traction
- Technological Advancements
- Package Complexity Drives Business Case
- Shift from Manual to Sensor-based Inspection Systems
- 3D Inspection Systems Emerge in the Market
- AOI Systems Explore New Opportunities
- Productivity Optimization Drive Opens Ground for Next Generation AOIs
- Second Generation AOI Control Solutions: Design is the Key for Success
- Advances in X-Ray Inspection Systems Drive Efficiency
- SMT Soldering Equipment Sees Strong Growth Prospects
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/6upgdz
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