Surface Mount Technology Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Surface Mount Technology Market is expected to register a CAGR of 8% over the forecast period from 2022 to 2028. There are numerous methods for attaching components to a PCB. Although through-hole methods were widely used in the past, surface mounted technology (SMT) offers significant advantages. In SMT, components are placed directly on the surface of a PCB to form a surface-mount device (SMD). SMT has largely replaced through-hole technology methods for manufacturing PCBs due to its effectiveness and efficiency. Both techniques, however, can be used on the same PCB. This is due to the fact that certain components are not suitable for surface mounting. Large transformers and heatsinked power semiconductors may be among these components. SMT components are smaller in size than through-hole units because they have smaller leads or no leads at all.

Company Profile

• ASM Assembly Systems GmbH & Co. KG
• CyberOptics®
• FUJI MACHINE MFG. CO.
• Juki Corporation
• Hitachi High Technologies Corporation
• Nikon Metrology NV Tioga Limited
• Allen Organ Company LLC.

Market Segmentation

By Product Type

• SMT Pick and Place Equipment
• SMT Solder Paste Printer
• SMT Reflow Oven
• SMT Rework Station

By Application

• Automotive
• Consumer Electronics
• Telecommunication
• Medical

Scope of the Report

The research study analyzes the global Surface Mount Technology industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Surface Mount Technology Market Report

1. What was the Surface Mount Technology Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Surface Mount Technology Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Surface Mount Technology Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.