Analyst Viewpoint
Exponential growth of the electronics industry is driving the demand for surface mount technology (SMT), as it enables more electronics to be packed in smaller space and reduces assembly time of surface mount boards. Furthermore, growing demand for smaller, lighter, and more advanced devices, ranging from smartphones and tablets to medical equipment and automotive electronics, is driving the adoption of automated surface mount technology solutions.
Increase in demand for reduction in production, assembly time, and costs of electronic devices is creating lucrative business growth opportunities for manufacturers of surface mount technology equipment. Moreover, growing emphasis on reduction of carbon footprint and focus on halogen- free and lead-free soldering of PCBs in the electronics industry is anticipated to drive the surface mount technology equipment market growth in the near future.
Surface mount technology (SMT) components, unlike through-holes technology (wherein components have leads inserted into the drilled holes), have either smaller leads or no leads. They instead rely on reflow soldering process and solder paste for establishing electrical conditions. Miniaturization of electronic devices, improved performance owing to shorter signal paths, and raised manufacturing efficiency are major advantages offered by SMT.
Surface mount connectors, such as USB ports or HDMI connectors, are directly mounted onto PCBs to enable easy interfacing with various other devices. Surface mount technology also allows for higher structural integrity, particularly in harsh conditions such as vibration-related environmental stresses.
Increase in demand for flexible printed circuit boards due to rising trend of miniaturization of existing electronic components is expected to drive the SMT machinery market demand during the forecast period.
High investment cost of machinery for setting up production units, the need for high-frequency applications and thermal management, and stress on PCBs due to coefficient of thermal expansion (CTE) mismatch are key factors that could restrain the surface mount technology equipment market development during the forecast period.
Increase in demand for miniaturized products has led to the development of smaller electronic components that occupy less space. SMT allows for increased manufacturing automation, which reduces cost, improves quality, and also enables more components to be fit on a given area of substrate.
SMT utilizes automated production techniques, such as reflow soldering, to solder components directly onto the PCB’s surface. Moreover, SMT components are capable of handling high-power applications with appropriate thermal management. These advantages of SMT make the manufacturing process highly efficient and consistent and are anticipated to fuel the surface mount technology equipment market demand in the near future.
The consumer electronics industry is constantly evolving through innovations in technologies such as fingerprint sensors in mobiles and smart televisions. Increase in need for fast, inexpensive, and miniaturized products has driven the trend of miniaturization of electronic components. This is possible when the hardware components of devices are small in size and can run smoothly while being integrated with several components. This is driving the usage of surface mount technology equipment.
SMT has greatly helped solve common space problems in electronics manufacturing, and its use has become the predominant choice for high-volume consumer electronics manufacturing. Furthermore, increased usage of flexible printed circuit boards is also likely to propel the surface mount technology equipment market revenue during the forecast period.
Asia Pacific held the largest surface mount technology equipment market share in 2022, owing to the presence of several prominent PCB manufacturing facilities in countries such as China. Furthermore, Taiwan, Japan, and South Korea are rapidly growing into prominent manufacturing hubs of PCBs. Vietnam is also emerging as an electronics hub, with Statista confirming that it is the second-largest exporter of smartphones worldwide.
The surface mount technology equipment market size in Europe is expected to grow in the next few years due to the implementation of a multi-government policy called ‘Electric Vehicles Initiative (EVI)’. The objective is to accelerate acceptance as well as development of electric vehicles in the region.
The surface mount technology equipment market value in North America is expected to be driven by collaboration between academia and industry for conducting cutting-edge research to develop high-density surface mount technology equipment.
The surface mount technology equipment industry is consolidated with the presence of a few players holding major market share. Leading manufacturers are following the latest surface mount technology equipment market trends and engaging in new product launches and mergers & acquisitions to consolidate their presence in the global market.
Dou Yee Enterprises (S) Pte. Ltd., JUTZE Intelligence Technology Co., Ltd., Koh Young Technology, Mirtech, Nordson Corporation, Omron Corporation, PARMI Corporation, Saki Corporation, Test Research, Inc., Vi Technology (Mycronic AB), Viscom AG, Vitrox Corporation, and Yamaha Motor Co., Ltd. are a few notable players that offer inspection equipment. While ASML Holding, N.V., Fuji Machine Mfg. Co., Ltd., Hitachi, Ltd., Juki Corporation, KLA-Tencor Corporation, Koh Young Technology, Mycronic AB, Nordson Corporation, Orbotech Ltd., Panasonic Corporation, PARMI Corp., Test Research, Inc., and Yamaha Motor Co., Ltd. are key notable players offering surface mount technology equipment.
Attribute | Detail |
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Market Value in 2022 (Base Year) | US$ 5.7 Bn |
Market Forecast Value in 2031 | US$ 9.1 Bn |
Growth Rate (CAGR) | 5.9% |
Forecast Period | 2023-2031 |
Quantitative Units | US$ Bn for Value and Thousand Units for Volume |
Market Analysis | Qualitative analysis includes drivers, restraints, opportunities, key trends, key market indicators, Porter’s Five Forces analysis, value chain analysis, and SWOT analysis. Furthermore, at the regional level, the qualitative analysis includes key trends, price trends, and key supplier analysis. |
Competition Landscape |
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Regions Covered |
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Market Segmentation |
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Companies Profiled |
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Scope for Customization | Available upon Request |
Pricing | Available upon Request |
The global market was valued at US$ 5.7 Bn in 2022
It is projected to grow at a CAGR of 5.9% from 2023 to 2031
Increase in demand for space management in electronics manufacturing and surge in demand for smaller, faster, and cheaper electronics
In terms of end-user industry, the consumer electronics segment held largest share in 2022
Asia Pacific is estimated to dominate in the next few years
ASML Holding, N.V., Fuji Machine Manufacturing Co., Ltd., Hitachi, Ltd., Juki Corporation, KLA-Tencor Corporation, Koh Young Technology, Mycronic AB, Nordson Corporation, Orbotech Ltd., Panasonic Corporation, PARMI Corp., Test Research, Inc., Yamaha Motor Co., Ltd., Dou Yee Enterprises (S) Pte Ltd., JUTZE Intelligence Technology Co., Ltd., Viscom AG, Vitrox Corporation, Omron Corporation, Saki Corporation, and Mirtech.
1. Preface
1.1. Market and Segment Definitions
1.2. Market Taxonomy
1.3. Research Methodology
1.4. Assumption and Acronyms
2. Executive Summary
2.1. Global Surface Mount Technology Equipment Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Industry Automation Overview
4.2. Ecosystem Analysis
4.3. Pricing Analysis
4.4. Technology Roadmap Analysis
4.5. Industry SWOT Analysis
4.6. Porter Five Forces Analysis
5. Global Surface Mount Technology Equipment Market Analysis, by Equipment Type
5.1. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Equipment Type, 2023–2031
5.1.1. Place Equipment
5.1.2. Soldering Equipment
5.1.3. Cleaning Equipment
5.1.4. Inspection Equipment
5.1.4.1. Device Type (2D/3D)
5.1.4.1.1. AOI
5.1.4.1.2. SPI
5.1.4.1.3. AXI
5.1.5. Others
5.2. Market Attractiveness Analysis, by Equipment Type
6. Global Surface Mount Technology Equipment Market Analysis, by End-use Industry
6.1. Surface Mount Technology Equipment Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2023–2031
6.1.1. Automotive
6.1.2. Aerospace & Defense
6.1.3. Consumer Electronics
6.1.4. Healthcare
6.1.5. Industrial
6.1.6. Others
6.2. Market Attractiveness Analysis, by End-use Industry
7. Global Surface Mount Technology Equipment Market Analysis and Forecast, by Region
7.1. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Region, 2023–2031
7.1.1. North America
7.1.2. Europe
7.1.3. Asia Pacific
7.1.4. Middle East & Africa
7.1.5. South America
7.2. Market Attractiveness Analysis, by Region
8. North America Surface Mount Technology Equipment Market Analysis and Forecast
8.1. Market Snapshot
8.2. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Equipment Type, 2023–2031
8.2.1. Place Equipment
8.2.2. Soldering Equipment
8.2.3. Cleaning Equipment
8.2.4. Inspection Equipment
8.2.4.1. Device Type (2D/3D)
8.2.4.1.1. AOI
8.2.4.1.2. SPI
8.2.4.1.3. AXI
8.2.5. Others
8.3. Surface Mount Technology Equipment Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2023–2031
8.3.1. Automotive
8.3.2. Aerospace & Defense
8.3.3. Consumer Electronics
8.3.4. Healthcare
8.3.5. Industrial
8.3.6. Others
8.4. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country, 2023–2031
8.4.1. U.S.
8.4.2. Canada
8.4.3. Rest of North America
8.5. Market Attractiveness Analysis
8.5.1. By Equipment Type
8.5.2. By End-use Industry
8.5.3. By Country/Sub-region
9. Europe Surface Mount Technology Equipment Market Analysis and Forecast
9.1. Market Snapshot
9.2. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Equipment Type, 2023–2031
9.2.1. Place Equipment
9.2.2. Soldering Equipment
9.2.3. Cleaning Equipment
9.2.4. Inspection Equipment
9.2.4.1. Device Type (2D/3D)
9.2.4.1.1. AOI
9.2.4.1.2. SPI
9.2.4.1.3. AXI
9.2.5. Others
9.3. Surface Mount Technology Equipment Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2023–2031
9.3.1. Automotive
9.3.2. Aerospace & Defense
9.3.3. Consumer Electronics
9.3.4. Healthcare
9.3.5. Industrial
9.3.6. Others
9.4. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
9.4.1. U.K.
9.4.2. Germany
9.4.3. France
9.4.4. Rest of Europe
9.5. Market Attractiveness Analysis
9.5.1. By Equipment Type
9.5.2. By End-use Industry
9.5.3. By Country/Sub-region
10. Asia Pacific Surface Mount Technology Equipment Market Analysis and Forecast
10.1. Market Snapshot
10.2. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Equipment Type, 2023–2031
10.2.1. Place Equipment
10.2.2. Soldering Equipment
10.2.3. Cleaning Equipment
10.2.4. Inspection Equipment
10.2.4.1. Device Type (2D/3D)
10.2.4.1.1. AOI
10.2.4.1.2. SPI
10.2.4.1.3. AXI
10.2.5. Others
10.3. Surface Mount Technology Equipment Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2023–2031
10.3.1. Automotive
10.3.2. Aerospace & Defense
10.3.3. Consumer Electronics
10.3.4. Healthcare
10.3.5. Industrial
10.3.6. Others
10.4. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
10.4.1. China
10.4.2. Japan
10.4.3. India
10.4.4. South Korea
10.4.5. ASEAN
10.4.6. Rest of Asia Pacific
10.5. Market Attractiveness Analysis
10.5.1. By Equipment Type
10.5.2. By End-use Industry
10.5.3. By Country/Sub-region
11. Middle East & Africa Surface Mount Technology Equipment Market Analysis and Forecast
11.1. Market Snapshot
11.2. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Equipment Type, 2023–2031
11.2.1. Place Equipment
11.2.2. Soldering Equipment
11.2.3. Cleaning Equipment
11.2.4. Inspection Equipment
11.2.4.1. Device Type (2D/3D)
11.2.4.1.1. AOI
11.2.4.1.2. SPI
11.2.4.1.3. AXI
11.2.5. Other
11.3. Surface Mount Technology Equipment Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2023–2031
11.3.1. Automotive
11.3.2. Aerospace & Defense
11.3.3. Consumer Electronics
11.3.4. Healthcare
11.3.5. Industrial
11.3.6. Others
11.4. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
11.4.1. GCC
11.4.2. South Africa
11.4.3. Rest of Middle East & Africa
11.5. Market Attractiveness Analysis
11.5.1. By Equipment Type
11.5.2. Ammunition
11.5.3. By Country/Sub-region
12. South America Surface Mount Technology Equipment Market Analysis and Forecast
12.1. Market Snapshot
12.2. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Equipment Type, 2023–2031
12.2.1. Place Equipment
12.2.2. Soldering Equipment
12.2.3. Cleaning Equipment
12.2.4. Inspection Equipment
12.2.4.1. Device Type (2D/3D)
12.2.4.1.1. AOI
12.2.4.1.2. SPI
12.2.4.1.3. AXI
12.2.5. Others
12.3. Surface Mount Technology Equipment Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2023–2031
12.3.1. Automotive
12.3.2. Aerospace & Defense
12.3.3. Consumer Electronics
12.3.4. Healthcare
12.3.5. Industrial
12.3.6. Others
12.4. Surface Mount Technology Equipment Market Size (US$ Mn) and Volume (Thousand Units) Analysis & Forecast, by Country and Sub-region, 2023–2031
12.4.1. Brazil
12.4.2. Rest of South America
12.5. Market Attractiveness Analysis
12.5.1. By Equipment Type
12.5.2. By End-use Industry
12.5.3. By Country/Sub-region
13. Competition Assessment
13.1. Global Surface Mount Technology Equipment Market Competition Matrix - a Dashboard View
13.1.1. Global Surface Mount Technology Equipment Market Company Share Analysis, by Value (2022)
13.1.2. Technological Differentiator
14. Company Profiles (Global Manufacturers/Suppliers – By Inspection)
14.1. Dou Yee Enterprises (S) Pte. Ltd.
14.1.1. Overview
14.1.2. Product Portfolio
14.1.3. Sales Footprint
14.1.4. Key Subsidiaries or Distributors
14.1.5. Strategy and Recent Developments
14.1.6. Key Financials
14.2. JUTZE Intelligence Technology Co., Ltd.
14.2.1. Overview
14.2.2. Product Portfolio
14.2.3. Sales Footprint
14.2.4. Key Subsidiaries or Distributors
14.2.5. Strategy and Recent Developments
14.2.6. Key Financials
14.3. Koh Young Technology
14.3.1. Overview
14.3.2. Product Portfolio
14.3.3. Sales Footprint
14.3.4. Key Subsidiaries or Distributors
14.3.5. Strategy and Recent Developments
14.3.6. Key Financials
14.4. Mirtech
14.4.1. Overview
14.4.2. Product Portfolio
14.4.3. Sales Footprint
14.4.4. Key Subsidiaries or Distributors
14.4.5. Strategy and Recent Developments
14.4.6. Key Financials
14.5. Nordson Corporation
14.5.1. Overview
14.5.2. Product Portfolio
14.5.3. Sales Footprint
14.5.4. Key Subsidiaries or Distributors
14.5.5. Strategy and Recent Developments
14.5.6. Key Financials
14.6. Omron Corporation
14.6.1. Overview
14.6.2. Product Portfolio
14.6.3. Sales Footprint
14.6.4. Key Subsidiaries or Distributors
14.6.5. Strategy and Recent Developments
14.6.6. Key Financials
14.7. PARMI Corporation
14.7.1. Overview
14.7.2. Product Portfolio
14.7.3. Sales Footprint
14.7.4. Key Subsidiaries or Distributors
14.7.5. Strategy and Recent Developments
14.7.6. Key Financials
14.8. Saki Corporation
14.8.1. Overview
14.8.2. Product Portfolio
14.8.3. Sales Footprint
14.8.4. Key Subsidiaries or Distributors
14.8.5. Strategy and Recent Developments
14.8.6. Key Financials
14.9. Test Research, Inc.
14.9.1. Overview
14.9.2. Product Portfolio
14.9.3. Sales Footprint
14.9.4. Key Subsidiaries or Distributors
14.9.5. Strategy and Recent Developments
14.9.6. Key Financials
14.10. Vi Technology (Mycronic AB)
14.10.1. Overview
14.10.2. Product Portfolio
14.10.3. Sales Footprint
14.10.4. Key Subsidiaries or Distributors
14.10.5. Strategy and Recent Developments
14.10.6. Key Financials
14.11. Viscom AG
14.11.1. Overview
14.11.2. Product Portfolio
14.11.3. Sales Footprint
14.11.4. Key Subsidiaries or Distributors
14.11.5. Strategy and Recent Developments
14.11.6. Key Financials
14.12. Vitrox Corporation
14.12.1. Overview
14.12.2. Product Portfolio
14.12.3. Sales Footprint
14.12.4. Key Subsidiaries or Distributors
14.12.5. Strategy and Recent Developments
14.12.6. Key Financials
14.13. Yamaha Motor Co., Ltd.
14.13.1. Overview
14.13.2. Product Portfolio
14.13.3. Sales Footprint
14.13.4. Key Subsidiaries or Distributors
14.13.5. Strategy and Recent Developments
14.13.6. Key Financials
15. Company Profiles (Global Manufacturers/Suppliers – By Surface Mount Technology)
15.1. ASML Holding, N.V.
15.1.1. Overview
15.1.2. Product Portfolio
15.1.3. Sales Footprint
15.1.4. Key Subsidiaries or Distributors
15.1.5. Strategy and Recent Developments
15.1.6. Key Financials
15.2. Fuji Machine Mfg. Co., Ltd.
15.2.1. Overview
15.2.2. Product Portfolio
15.2.3. Sales Footprint
15.2.4. Key Subsidiaries or Distributors
15.2.5. Strategy and Recent Developments
15.2.6. Key Financials
15.3. Hitachi, Ltd.
15.3.1. Overview
15.3.2. Product Portfolio
15.3.3. Sales Footprint
15.3.4. Key Subsidiaries or Distributors
15.3.5. Strategy and Recent Developments
15.3.6. Key Financials
15.4. Juki Corporation
15.4.1. Overview
15.4.2. Product Portfolio
15.4.3. Sales Footprint
15.4.4. Key Subsidiaries or Distributors
15.4.5. Strategy and Recent Developments
15.4.6. Key Financials
15.5. KLA-Tencor Corporation
15.5.1. Overview
15.5.2. Product Portfolio
15.5.3. Sales Footprint
15.5.4. Key Subsidiaries or Distributors
15.5.5. Strategy and Recent Developments
15.5.6. Key Financials
15.6. Koh Young Technology
15.6.1. Overview
15.6.2. Product Portfolio
15.6.3. Sales Footprint
15.6.4. Key Subsidiaries or Distributors
15.6.5. Strategy and Recent Developments
15.6.6. Key Financials
15.7. Mycronic AB
15.7.1. Overview
15.7.2. Product Portfolio
15.7.3. Sales Footprint
15.7.4. Key Subsidiaries or Distributors
15.7.5. Strategy and Recent Developments
15.7.6. Key Financials
15.8. Nordson Corporation
15.8.1. Overview
15.8.2. Product Portfolio
15.8.3. Sales Footprint
15.8.4. Key Subsidiaries or Distributors
15.8.5. Strategy and Recent Developments
15.8.6. Key Financials
15.9. Orbotech Ltd.
15.9.1. Overview
15.9.2. Product Portfolio
15.9.3. Sales Footprint
15.9.4. Key Subsidiaries or Distributors
15.9.5. Strategy and Recent Developments
15.9.6. Key Financials
15.10. Panasonic Corporation
15.10.1. Overview
15.10.2. Product Portfolio
15.10.3. Sales Footprint
15.10.4. Key Subsidiaries or Distributors
15.10.5. Strategy and Recent Developments
15.10.6. Key Financials
15.11. PARMI Corp.
15.11.1. Overview
15.11.2. Product Portfolio
15.11.3. Sales Footprint
15.11.4. Key Subsidiaries or Distributors
15.11.5. Strategy and Recent Developments
15.11.6. Key Financials
15.12. Test Research, Inc.
15.12.1. Overview
15.12.2. Product Portfolio
15.12.3. Sales Footprint
15.12.4. Key Subsidiaries or Distributors
15.12.5. Strategy and Recent Developments
15.12.6. Key Financials
15.13. Yamaha Motor Co., Ltd.
15.13.1. Overview
15.13.2. Product Portfolio
15.13.3. Sales Footprint
15.13.4. Key Subsidiaries or Distributors
15.13.5. Strategy and Recent Developments
15.13.6. Key Financials
16. Go to Market Strategy
16.1. Identification of Potential Market Spaces
16.2. Preferred Sales & Marketing Strategy
List of Tables
Table 1: Global Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Equipment Type, 2023‒2031
Table 2: Global Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Equipment Type, 2023‒2031
Table 3: Global Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by End-use Industry, 2023‒2031
Table 4: Global Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Region, 2023‒2031
Table 5: Global Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Region, 2023‒2031
Table 6: North America Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Equipment Type, 2023‒2031
Table 7: North America Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Equipment Type, 2023‒2031
Table 8: North America Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by End-use Industry, 2023‒2031
Table 9: North America Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Country, 2023‒2031
Table 10: North America Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Country, 2023‒2031
Table 11: Europe Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Equipment Type, 2023‒2031
Table 12: Europe Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Equipment Type, 2023‒2031
Table 13: Europe Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by End-use Industry, 2023‒2031
Table 14: Europe Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2023‒2031
Table 15: Europe Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Country and Sub-region, 2023‒2031
Table 16: Asia Pacific Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Equipment Type, 2023‒2031
Table 17: Asia Pacific Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Equipment Type, 2023‒2031
Table 18: Asia Pacific Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by End-use Industry, 2023‒2031
Table 19: Asia Pacific Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2023‒2031
Table 20: Asia Pacific Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Country and Sub-region, 2023‒2031
Table 21: Middle East & Africa Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Equipment Type, 2023‒2031
Table 22: Middle East & Africa Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Equipment Type, 2023‒2031
Table 23: Middle East & Africa Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by End-use Industry, 2023‒2031
Table 24: Middle East & Africa Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2023‒2031
Table 25: Middle East & Africa Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Country and Sub-region, 2023‒2031
Table 26: South America Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Equipment Type, 2023‒2031
Table 27: South America Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Equipment Type, 2023‒2031
Table 28: South America Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by End-use Industry, 2023‒2031
Table 29: South America Surface Mount Technology Equipment Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2023‒2031
Table 30: South America Surface Mount Technology Equipment Market Volume (Thousand Units) & Forecast, by Country and Sub-region, 2023‒2031
List of Figures
Figure 01: Supply Chain Analysis - Global Surface Mount Technology Equipment Market
Figure 02: Porter Five Forces Analysis – Global Surface Mount Technology Equipment Market
Figure 03: Technology Road Map - Global Surface Mount Technology Equipment Market
Figure 04: Global Surface Mount Technology Equipment Market, Value (US$ Mn), 2023-2031
Figure 05: Global Surface Mount Technology Equipment Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023‒2031
Figure 06: Global Surface Mount Technology Equipment Market Projections, by Equipment Type, Value (US$ Mn), 2023‒2031
Figure 07: Global Surface Mount Technology Equipment Market, Incremental Opportunity, by Equipment Type, 2023‒2031
Figure 08: Global Surface Mount Technology Equipment Market Share Analysis, by Equipment Type, 2023 and 2031
Figure 09: Global Surface Mount Technology Equipment Market Projections, by End-use Industry, Value (US$ Mn), 2023‒2031
Figure 10: Global Surface Mount Technology Equipment Market, Incremental Opportunity, by End-use Industry, 2023‒2031
Figure 11: Global Surface Mount Technology Equipment Market Share Analysis, by End-use Industry, 2023 and 2031
Figure 12: Global Surface Mount Technology Equipment Market Projections, by Region, Value (US$ Mn), 2023‒2031
Figure 13: Global Surface Mount Technology Equipment Market, Incremental Opportunity, by Region, 2023‒2031
Figure 14: Global Surface Mount Technology Equipment Market Share Analysis, by Region, 2023 and 2031
Figure 15: North America Surface Mount Technology Equipment Market Size & Forecast, Value (US$ Mn), 2023‒2031
Figure 16: North America Surface Mount Technology Equipment Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023‒2031
Figure 17: North America Surface Mount Technology Equipment Market Projections, by Equipment Type Value (US$ Mn), 2023‒2031
Figure 18: North America Surface Mount Technology Equipment Market, Incremental Opportunity, by Equipment Type, 2023‒2031
Figure 19: North America Surface Mount Technology Equipment Market Share Analysis, by Equipment Type, 2023 and 2031
Figure 20: North America Surface Mount Technology Equipment Market Projections, by End-use Industry (US$ Mn), 2023‒2031
Figure 21: North America Surface Mount Technology Equipment Market, Incremental Opportunity, by End-use Industry, 2023‒2031
Figure 22: North America Surface Mount Technology Equipment Market Share Analysis, by End-use Industry, 2023 and 2031
Figure 23: North America Surface Mount Technology Equipment Market Projections, by Country, Value (US$ Mn), 2023‒2031
Figure 24: North America Surface Mount Technology Equipment Market, Incremental Opportunity, by Country and Sub-region, 2023‒2031
Figure 25: North America Surface Mount Technology Equipment Market Share Analysis, by Country, 2023 and 2031
Figure 26: Europe Surface Mount Technology Equipment Market Size & Forecast, Value (US$ Mn), 2023‒2031
Figure 27: Europe Surface Mount Technology Equipment Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023‒2031
Figure 28: Europe Surface Mount Technology Equipment Market Projections, by Equipment Type Value (US$ Mn), 2023‒2031
Figure 29: Europe Surface Mount Technology Equipment Market, Incremental Opportunity, by Equipment Type, 2023‒2031
Figure 30: Europe Surface Mount Technology Equipment Market Share Analysis, by Equipment Type, 2023 and 2031
Figure 31: Europe Surface Mount Technology Equipment Market Projections, by End-use Industry, Value (US$ Mn), 2023‒2031
Figure 32: Europe Surface Mount Technology Equipment Market, Incremental Opportunity, by End-use Industry, 2023‒2031
Figure 33: Europe Surface Mount Technology Equipment Market Share Analysis, by End-use Industry, 2023 and 2031
Figure 34: Europe Surface Mount Technology Equipment Market Projections, by Country and Sub-region, Value (US$ Mn), 2023‒2031
Figure 35: Europe Surface Mount Technology Equipment Market, Incremental Opportunity, by Country and Sub-region, 2023‒2031
Figure 36: Europe Surface Mount Technology Equipment Market Share Analysis, by Country and Sub-region 2023 and 2031
Figure 37: Asia Pacific Surface Mount Technology Equipment Market Size & Forecast, Value (US$ Mn), 2023‒2031
Figure 38: Asia Pacific Surface Mount Technology Equipment Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023‒2031
Figure 39: Asia Pacific Surface Mount Technology Equipment Market Projections, by Equipment Type Value (US$ Mn), 2023‒2031
Figure 40: Asia Pacific Surface Mount Technology Equipment Market, Incremental Opportunity, by Equipment Type, 2023‒2031
Figure 41: Asia Pacific Surface Mount Technology Equipment Market Share Analysis, by Equipment Type, 2023 and 2031
Figure 42: Asia Pacific Surface Mount Technology Equipment Market Projections, by End-use Industry, Value (US$ Mn), 2023‒2031
Figure 43: Asia Pacific Surface Mount Technology Equipment Market, Incremental Opportunity, by End-use Industry, 2023‒2031
Figure 44: Asia Pacific Surface Mount Technology Equipment Market Share Analysis, by End-use Industry, 2023 and 2031
Figure 45: Asia Pacific Surface Mount Technology Equipment Market Projections, by Country and Sub-region, Value (US$ Mn), 2023‒2031
Figure 46: Asia Pacific Surface Mount Technology Equipment Market, Incremental Opportunity, by Country and Sub-region, 2023‒2031
Figure 47: Asia Pacific Surface Mount Technology Equipment Market Share Analysis, by Country and Sub-region 2023 and 2031
Figure 48: Middle East & Africa Surface Mount Technology Equipment Market Size & Forecast, Value (US$ Mn), 2023‒2031
Figure 49: Middle East & Africa Surface Mount Technology Equipment Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023‒2031
Figure 50: Middle East & Africa Surface Mount Technology Equipment Market Projections, by Equipment Type Value (US$ Mn), 2023‒2031
Figure 51: Middle East & Africa Surface Mount Technology Equipment Market, Incremental Opportunity, by Equipment Type, 2023‒2031
Figure 52: Middle East & Africa Surface Mount Technology Equipment Market Share Analysis, by Equipment Type, 2023 and 2031
Figure 53: Middle East & Africa Surface Mount Technology Equipment Market Projections, by End-use Industry, Value (US$ Mn), 2023‒2031
Figure 54: Middle East & Africa Surface Mount Technology Equipment Market, Incremental Opportunity, by End-use Industry, 2023‒2031
Figure 55: Middle East & Africa Surface Mount Technology Equipment Market Share Analysis, by End-use Industry, 2023 and 2031
Figure 56: Middle East & Africa Surface Mount Technology Equipment Market Projections, by Country and Sub-region, Value (US$ Mn), 2023‒2031
Figure 57: Middle East & Africa Surface Mount Technology Equipment Market, Incremental Opportunity, by Country and Sub-region, 2023‒2031
Figure 58: Middle East & Africa Surface Mount Technology Equipment Market Share Analysis, by Country and Sub-region 2023 and 2031
Figure 59: South America Surface Mount Technology Equipment Market Size & Forecast, Value (US$ Mn), 2023‒2031
Figure 60: South America Surface Mount Technology Equipment Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023‒2031
Figure 61: South America Surface Mount Technology Equipment Market Projections, by Equipment Type Value (US$ Mn), 2023‒2031
Figure 62: South America Surface Mount Technology Equipment Market, Incremental Opportunity, by Equipment Type, 2023‒2031
Figure 63: South America Surface Mount Technology Equipment Market Share Analysis, by Equipment Type, 2023 and 2031
Figure 64: South America Surface Mount Technology Equipment Market Projections, by End-use Industry, Value (US$ Mn), 2023‒2031
Figure 65: South America Surface Mount Technology Equipment Market, Incremental Opportunity, by End-use Industry, 2023‒2031
Figure 66: South America Surface Mount Technology Equipment Market Share Analysis, by End-use Industry, 2023 and 2031
Figure 67: South America Surface Mount Technology Equipment Market Projections, by Country and Sub-region, Value (US$ Mn), 2023‒2031
Figure 68: South America Surface Mount Technology Equipment Market, Incremental Opportunity, by Country and Sub-region, 2023‒2031
Figure 69: South America Surface Mount Technology Equipment Market Share Analysis, by Country and Sub-region 2023 and 2031
Figure 70: Global Surface Mount Technology Equipment Market Competition
Figure 71: Global Surface Mount Technology Equipment Market Company Share Analysis