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 2023To 2028

The surface mount technology (SMT) market will grow at a CAGR of 7.30% to be valued at US$8.231 billion in 2030 from US$5.786 billion in 2025.

The growing electronics industry and flexible PCB equipment usage are key factors driving surface mount technology market growth. Miniaturization and defect reduction are boosting equipment demand, though high SMT costs are restraining growth.

Consumer electronics is holding the largest share since 2016, continuing to dominate with increasing demand for smartphones and tablets. Technological development is bolstering demand.

The global surface mount technology market report deep-dives into the global industry landscape and provides strategic and executive-level insights complemented by data-driven analysis and forecasts. The report is updated regularly to help the decision-makers with actionable intelligence into the current market trends, emerging opportunities, and competitive intelligence. The report also explores the demand for different equipment screen print equipment, soldering equipment, inspection equipment, placement equipment, cleaning equipment, and repair & rework equipment, and showcases their adoption/demand across geographies. The latest technological advancements in the surface mount technology sector in addition to key government policies and regulations and macroeconomic factors are also analyzed to present a holistic view of the market. 

Surface Mount Technology Market Segmentations:

Surface Mount Technology Market Segmentation by equipment:

The surface mount technology market is analyzed by equipment into the following:

• Screen Print Equipment
• Soldering Equipment
• Inspection Equipment
• Placement Equipment
• Cleaning Equipment
• Repair & Rework Equipment

Surface Mount Technology Market Segmentation by service:

The report analyzed the surface mount technology market into different services as below:

• Design
• Manufacturing
• Supply Chain Services
• Test & Prototype
• Aftermarket Services

Surface Mount Technology Market Segmentation by industry vertical:

The report analyzed the surface mount technology market into different industries as below:

• Telecommunication
• Consumer Electronics
• Automotive
• Healthcare
• Others

Surface Mount Technology Market Segmentation by regions:

The study also analyzed the surface mount technology market into the following regions, with country-level forecasts and analysis as below:

• Americas (US)
• Europe Middle East and Africa (Germany, Netherlands, and Others)
• Asia Pacific (China, Japan, Taiwan, South Korea, and Others)

Surface Mount Technology Market Competitive Landscape:

The global surface mount technology market is marked by the presence of key players such as Fuji Corporation, Panasonic Corporation, Yamaha Motor CO., Ltd., ASM Pacific Technology, Optiemus Electronics Ltd., Aimtron Corporation, Roots Industries India Ltd., and Juki Corporation. 

Surface Mount Technology Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Surface mount technology market size, forecasts, and trends by different equipment. The section provides historical revenue data with analysis focusing on key factors driving the adoption of various equipment. The current challenges faced by key market players and what are the major growth areas. 
• Surface mount technology market size, forecasts, and trends by service. The section provides historical revenue data with an analysis focusing on sales of surface mount technology based on services. 
• Surface mount technology market size, forecasts, and trends based on industry vertical. The section provides historical revenue data with analysis focusing on various industry-based adoption of surface mount technology. 
• The surface mount technology market is also analyzed across different regions, with historical data, regional share, attractiveness, and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario, and other complementary factors aiding in market growth. 
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents a complete market scenario with the help of Porter’s five forces model. 
• Competitive Intelligence: A thorough investigation of the competitive structure of the market presented through a proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players, and recent major developments undertaken by the companies to gain a competitive edge. 
• Research methodology: The assumptions and sources that were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure the most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented. 

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. SURFACE MOUNT TECHNOLOGY MARKET 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. Repair & Rework Equipment

6. SURFACE MOUNT TECHNOLOGY MARKET BY SERVICE

6.1. Introduction

6.2. Design

6.3. Manufacturing

6.4. Supply Chain Services

6.5. Test & Prototype

6.6. Aftermarket Services

7. SURFACE MOUNT TECHNOLOGY MARKET BY INDUSTRY VERTICAL

7.1. Introduction

7.2. Telecommunication

7.3. Consumer Electronics

7.4. Automotive

7.5. Healthcare

7.6. Others

8. SURFACE MOUNT TECHNOLOGY MARKET BY GEOGRAPHY

8.1. Introduction

8.2. Americas

8.2.1. USA

8.3. Europe Middle East and Africa

8.3.1. Germany

8.3.2. Netherlands

8.3.3. Others

8.4. Asia Pacific

8.4.1. China

8.4.2. Japan

8.4.3. Taiwan

8.4.4. South Korea

8.4.5. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Fuji Corporation

10.2. Juki Corporation

10.3. Panasonic Corporation

10.4. Yamaha Motor CO., Ltd.

10.5. ASM Pacific Technology

10.6. Optiemus Electronics Ltd.

10.7. Aimtron Corporation

10.8. Roots Industries India Ltd.

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Fuji Corporation

Juki Corporation

Panasonic Corporation

Yamaha Motor CO., Ltd.

ASM Pacific Technology

Optiemus Electronics Ltd.

Aimtron Corporation

Roots Industries India Ltd.

Juki Corporation