Surface Mount Technologies Market

Surface mount technology is a method through which electronic circuit is produced. In this technology, components of electronic circuits are placed directly onto the surface of printed circuit boards (PCBs). An electronic device made with surface mount technology is called as surface mount device. In present time, all mass produced electronics hardware are manufactured by using surface mount technology.
Surface Mount Technologies Market aims to provide a comprehensive presentation of the global market for Surface Mount Technologies, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Surface Mount Technologies. Surface Mount Technologies Market contains market size and forecasts of Surface Mount Technologies in global, including the following market information:
Global Surface Mount Technologies Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Surface Mount Technologies market was valued at US$ 36130 million in 2022 and is projected to reach US$ 63240 million by 2029, at a CAGR of 8.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Surface Mount Technology market is expected to grow rapidly during the forecast period. Factors which are driving the growth of global Surface Mount Technology market are growing electronics industry, increasing use of flexible materials printed circuit boards, increasing mass production of electronics hardware devices and rising miniaturization trend & need for mounting electrical & mechanical components. On the other hand factors which are restraining the growth of global surface mount technology market are high cost of surface mount equipment system, surface mount technology is unsuitable for high power or high voltage parts such as power circuitry.
We surveyed the Surface Mount Technologies companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Surface Mount Technologies Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Surface Mount Technologies Market Segment Percentages, by Type, 2022 (%)
Placement
Inspection
Soldering
Screen Printing
Cleaning
Repair & Rework
Global Surface Mount Technologies Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Surface Mount Technologies Market Segment Percentages, by Application, 2022 (%)
Consumer Electronics
Automotive
Aerospace & Defense
Global Surface Mount Technologies Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Surface Mount Technologies Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Surface Mount Technologies revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Surface Mount Technologies revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ASMPT
Assembleon
Fuji Machine
Juki
Panasonic
Koh Young Technology
Nordson
Outline of Major Chapters:
Chapter 1: Introduces the definition of Surface Mount Technologies, market overview.
Chapter 2: Global Surface Mount Technologies market size in revenue.
Chapter 3: Detailed analysis of Surface Mount Technologies company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Surface Mount Technologies in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.