Free Press Release
Create Free Account! Members Login
Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows Games & Entertainment Government Health and Fitness Home & Family Industry Legal / Law Lifestyle News & Society Politics Religion Sports Technology Web sites / Internet

Press Release / Technology / Global Surface Mount Technology Equipment Market 2018 Study And Analysis Research Report Forecast To 2022

Global Surface Mount Technology Equipment Market 2018 Study And Analysis Research Report Forecast To 2022

By mandar on October 30 2018 | 17 Views

Surface Mount Technology Equipment Market, By Equipment (Pick and Place, Coating Equipment, Solder Equipment, Cleaning Agents, Rework and Repair Equipment),

Market Highlights:

Global Surface Mount Technology Equipment Market has been valued at US $ ~4 Billion by the end of forecast period with ~8% of CAGR during forecast period 2018 to 2022. Surface Mount Technology components consist of passive surface mount devices, transistor & diodes and integrated circuits. These components have lower initial costs.

Get Sample copy of Report @ https://www.marketresearchfuture.com/sample_request/2248

The global surface mount technology equipment market is on an upward growth trajectory and is expected to reach USD 4 Bn by the end of the forecast period of 2016-2022, reveals Market Research Future (MRFR) in a minutely analyzed research report. 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. Surface mount technology equipment finds its application over different industry verticals which include automotive, consumer electronics, healthcare, aerospace, and others which boosts the market growth primarily. The automotive industry is one of the most significant end users of the surface mount technology equipment. Electric cars generally have a high number of electric components as compared to traditional vehicles and surface mount technology equipment are very efficient in handling the complex electronics components without any malfunction. Thus, the growing automotive industry and rising production of electric vehicles augment the growth of the market. High usage of surface mount technology in consumer electronics owing to need for miniaturization and growth in the electronics industry fosters the market growth. Escalating need for printed circuit boards in smartphones and the smart card industry reflects positively on the growth of the market. On the downside, the high cost of surface mount technology equipment is restraining the market growth. Moreover, surface mount technology equipment is not suitable for high power or high voltage parts such as power circuit which too acts as a limiting factor.

Segmentation

The global surface mount technology market has been segmented based on equipment, end user industries, and components. 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.

Competitive Landscape

The notable players in the global surface mount technology market include 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).

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. Also, high demand for consumer electronics from the populous countries of India and China also boost the market growth.

Industry Updates

In July 2018, Vishay Intertechnology, Inc., introduced two new series of surface mount automotive Grade power LEDs. The LEDs are ideal for automotive interior and exterior lighting, traffic signals and signs, LCD switches and for general use.

In July 2018, Calgary-based Blackline Safety Corp. announced an investment of USD 1 Million in surface mount technology equipment. The investment will allow the company to reduce their overall costs for which they have expanded their premises.

Access Report Details @ https://www.marketresearchfuture.com/reports/surface-mount-technology-equipment-market-2248

Table of Contents

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

Continued…

LIST OF TABLES

Table 1 Surface Mount Tecnology Equipment Market, By Equipment

Table 2 Surface Mount Tecnology Equipment Market, By Components

Table 3 Surface Mount Tecnology Equipment Market, By End-User

Continued…

Access Report PR @ https://www.marketresearchfuture.com/press-release/surface-mount-technology-equipment-industry

LIST OF FIGURES

Figure 1 Research Network Solution

Figure 2 Surface Mount Tecnology Equipment Market: By Equipment (%)

Figure 3 Surface Mount Tecnology Equipment Market: By Components (%)

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com



Latest Exclusive Press Release
Ethanol Market to Actively Foray into Emerging Consumer Market places During 2015 - 2025
What Is Oxygen Saturation Monitor?
Global Organic Acids Market to Register Stable Expansion During 2014 - 2020
Medical Automation Market Evolving Technologies, Growing Demand and Scope Analysis–Forecast till 2023
Cancer Biomarkers Market Remarkably Anticipated to Expand with CAGR of 15.8% 2018 to 2023
Popular Press Release
Zeng Fanzhi Parcours Exhibition 2016 in Beijing
Home Ministry’s Population Register Worse than Prisoner Identification
Feel-planet.com Has Made It Possible to Discover the Wonders of the World Online
First Time Home Buyers Tax Credits STILL Available For Troops!
Best Web Hosting Service in India


Art & Entertainment Automotive Blogging & Social Media Business
Computer Design Education Environment
Events / Trade Shows Games & Entertainment Government Health and Fitness
Home & Family Industry Legal / Law Lifestyle
News & Society Politics Religion Sports
Technology Web sites / Internet