Surface Mount Technologies Market Competitive Research And Precise Outlook 2023 To 2030

The surface mount technologies market revenue assumed by the end of 2022 was US$ 4.6 Bn. The surface mount technology market is expected to reach US$ 15.5 Bn by 2030, as it is estimated to grow at a CAGR of 11.8 % for 2023-2030.

Market Overview

The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Surface Mount Technologies Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Surface Mount Technologies Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. With surface mount technology (SMT), electrical components can be mounted directly to a printed circuit board’s surface (PCB). Surface mount devices are electronic products created utilizing surface mount technology. When compared to conventional through-hole soldering technique, this technology is very different. In comparison to through-hole soldering, SMT employs relatively distinct soldering tools and techniques that provide greater electrical conductivity and dependability. Nowadays, SMT is the technique most frequently used to assemble low-priced, high-volume consumer electronics. Passive surface mount devices, transistors, diodes, and integrated circuits make up the surface mount technology components. Some materials are less expensive at first. Its use improves mechanical efficiency in shock and vibration environments (partly due to lower mass and partly due to fewer cantilevers).


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Segment Analysis

It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Surface Mount Technologies Market , which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Surface Mount Technologies Market , are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries. The equipment market for surface mount technology (SMT) is divided into two categories: equipment and application. The expansion of these divisions will enable you to study the industries’ scarce growth segments and give users a comprehensive market overview and industry insights to aid in the identification of key market applications.


Based on types, the Surface Mount Technologies Market is segmented into:

  • Inspection Equipment
  • Placement Equipment
  • Soldering Equipment
  • Screen Printing Equipment
  • Cleaning Equipment
  • Rework and Repair Equipment


Based on application, the Surface Mount Technologies Market is segmented into:

  • Consumer Electronics
    Telecommunications
    Aerospace & Defense
    Automotive
    Medical
    Industrial
    Energy & Power Systems

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Recent Development

In June 2020, Optronic placed an order with Mycronic AB for a surface mount machine, the MY300, as part of a series of large investments to raise the caliber of their PCB production line. The manufacturer of all cameras for Mycronic’s surface mounting machines, Optronic, is also a supplier to Mycronic.
Yamaha Motor Co., Ltd. released the new YRM20 surface mounter in April 2020. The high-efficiency premium modular mounter and new high-speed feeder are combined with a high-speed multi-purpose rotary head to give high mounting performance. They are built on a next-generation platform that implements an intelligent factory.

Regional Analysis

The market for surface mount technology (SMT) equipment is analyzed, and insights and trends on market size are given by country, kind of equipment, and application, as mentioned above. The nations included in the report on the market for surface mount technology (SMT) equipment the United States, Canada, and Mexico in North America; Germany, France, the United Kingdom; the Netherlands; Switzerland; Belgium; Russia; Italy; Spain; Turkey; the remainder of Europe in Europe; China; Japan; India; South Korea; Singapore; Malaysia; Australia; Thailand; Indonesia; Philippines; the remainder of Asia-Pacific (APAC); Saudi Arabia; the United Arab Emirates; South Africa; Egypt; Israel; the remainder of Middle East and Africa (MEA); Brazil; Argentina; and the remainder of South America In terms of revenue share, Asia-Pacific commands the surface mount technology (SMT) equipment market. This is because electronic contract manufacturing is flourishing. In addition, this region’s GDP growth, rapid industrialization, and infrastructure development.

Regional Surface Mount Technologies Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):

    • North America, Europe, China, Japan, Southeast Asia, India.
    • North America (USA, Canada, and Mexico).
    • Europe (Germany, France, UK, Russia and, Italy).
    • Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).

Key segments covered in Surface Mount Technologies Market include:

    • Surface Mount Technologies Market Growth Drivers and Barriers.
    • Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
    • Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
    • Regional and Country Level Analysis.
    • Trends and Forecasts for Market Segments.
    • Market Analysis and Various Recommendations.
    • Key market forces.

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Key Market Participants in the Surface Mount Technologies Market :

Cicor Group, Hitachi High Technologies Corporation, Valtronic, Adolfo Juri Elettronica Industriale, ASM Assembly Systems GmbH & Co. KG, CyberOptics, FUJI MACHINE MFG.CO., LTD,

Recent Development

In June 2020, Optronic placed an order with Mycronic AB for a surface mount machine, the MY300, as part of a series of large investments to raise the caliber of their PCB production line. The manufacturer of all cameras for Mycronic’s surface mounting machines, Optronic, is also a supplier to Mycronic.
Yamaha Motor Co., Ltd. released the new YRM20 surface mounter in April 2020. The high-efficiency premium modular mounter and new high-speed feeder are combined with a high-speed multi-purpose rotary head to give high mounting performance. They are built on a next-generation platform that implements an intelligent factory.

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