A new market study, titled “Global Surface Mount Technology Equipment Market Size, Status and Forecast 2022” has been featured on Market Research Future. These market research studies intend to predict market size and future growth potential across sectors such as suppliers, industries and regions. This research report also combines industry-wide statistically relevant quantitative data and relevant and insightful qualitative analysis.
According to researchers, demand for the global market will expand to a noticeable CAGR of 8% over the period. The global Surface Mount Technology Equipment Market is on an upward growth trajectory and is anticipated to reach USD 4 Billion by the end of the forecast period of 2016-2022.
The market has been observing persistent growth on account of the ever increasing demand for smart gadgets and need for miniaturization of products and higher accuracy. Rapid replacement of the traditional through-hole method by surface mount technology is a growing trend in various countries which is propelling the market growth.
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Top Companies profiled in surface mount technology equipment Market Research Report includes: CyberOptics Corporation (U.S.), Mycronic AB (Sweden), Nordson Corporation (U.S.), Orbotech Ltd. (Israel), Fuji Machine Manufacturing Co., Ltd.(Japan), Assembly Systems (Germany), and Hitachi High-Technologies Corporation (Japan).
Segmentation:
- By equipment, the market has been segmented into Pick and place, Coating equipment, Solder equipment, Cleaning agents, and Rework and repair equipment.
- By end use industries, the market has been segmented into telecommunication, consumer electronics, automotive and medical.
- By components, the market has been segmented into passive surface mount devices, transistor & diodes, and integrated circuits.
Regional Analysis:
The global surface mount technology equipment market spans across the regions of Asia Pacific, North America, Europe and Rest of the World. Asia Pacific is at the forefront of the global market. Countries such as China, India, and Japan are leading the market owing to the abundance of skilled labor in the region and the growing penetration of high tech devices which require miniaturization.
Major highlights of this research report:
- In-depth analysis of the degree of competition across the globe.
- Estimation of Surface mount technology equipment Market values and volumes.
- Surface mount technology equipment Market analysis through industry analysis tools such as SWOT and Porter’s five analysis.
- Detailed elaboration on global market value, volume, and penetration.
- Surface mount technology equipment Market growth projections.
- Detailed description on development policies and plans.
- Analytical study on drivers, restraints, opportunities, hindrances, inadequacies, challenges and strengths.
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Intended Audience:
- Technology investors
- Original equipment manufacturers (OEMs)
- Smart grid integrators
- Surface mount component device distributors and providers
- Research/Consultancy firms
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