Surface Mount Technology Global Market Report 2024

Global Surface Mount Technology Market Report 2024

Surface Mount Technology Global Market Report 2024 – By Equipment (Placement, Inspection, Coating Equipment, Solder Equipment, Cleaning Agents, Rework And Repair Equipment), By Components (Transistor And Diodes, Integrated Circuits), By Industry Vertical (Telecommunication, Consumer electronics, Automotive, Aerospace And Defense, Healthcare) – Market Size, Trends, And Global Forecast 2024-2033

Name: Surface Mount Technology Global Market Report 2024
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Surface Mount Technology Global Market Report 2024

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Surface Mount Technology Global Market Report 2023

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Surface Mount Technology Market Definition

Surface mount technology refers to a component assembly method for printed circuit boards in which the components are linked and attached utilizing batch solder reflow operations to the surface of the printed circuit board. This technique is utilized in the manufacture of electronic devices and provides advantages such as decreased component sizes, less interference coupling, and a high degree of precision and reproducibility.

The main types of equipment for surface mount technology are placement, inspection, coating equipment, solder equipment, cleaning agents, and rework and repair equipment. Placement equipment refers to special equipment for surface assembly technology. They are available for transistors and diodes, and integrated circuits. They are used in various industries such as telecommunications, consumer electronics, automotive, aerospace and defense, and healthcare.

Surface Mount Technology Market Segmentation

The surface mount technology market covered in this report is segmented –

1) By Equipment: Placement, Inspection, Coating Equipment, Solder Equipment, Cleaning Agents, Rework And Repair Equipment

2) By Components: Transistor And Diodes, Integrated Circuits

3) By Industry Vertical: Telecommunication, Consumer electronics, Automotive, Aerospace And Defense, Healthcare

Global Surface Mount Technology Market Size 2023 to 2028: Graph

Surface Mount Technology Market Size 2024 And Growth Rate

The surface mount technology market size has grown rapidly in recent years. It will grow from $5.23 billion in 2023 to $5.77 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to miniaturization of electronic devices, advancements in component packaging, increased efficiency in mass production, higher component density, improved electrical performance.

Surface Mount Technology Market Growth Forecast

The surface mount technology market size is expected to see strong growth in the next few years. It will grow to $8.34 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to rise of Internet of things (IoT), flexible and wearable electronics, increased adoption of advanced materials, integration of artificial intelligence (AI), electric vehicle (EV) manufacturing. Major trends in the forecast period include advancements in package-on-package (PoP) technology, 5G technology implementation, technological advancements in pick-and-place systems, rise of smart manufacturing and industry 4.0, lead-free soldering technologies.

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Surface Mount Technology Market Driver: Surface Mount Technology Market Accelerates With EV Sales Surge

Increasing electric car sales is significantly contributing to the growth of the surface mount technology market going forward. An electric car refers to a vehicle that is powered totally or partially by electricity from a battery that must be recharged. In electric vehicles, surface-mount technology (SMT) is used to install electrical components directly onto the surface of a printed circuit board (PCB). SMT provides greater mechanical durability under stress and vibration, which is critical in the automobile sector. For instance, according to April 2023 report published by the International Energy Agency, a France-based intergovernmental organization that provides policy recommendations, analysis, and data on the entire global energy sector, the global sales of electric vehicles are expected to grow from 10 million in 2022 to 14 million in 2023. Therefore, the increasing electric car sales will drive the surface mount technology market.

Surface Mount Technology Market Driver: Surface-Mount Technology Market Thrives On Electronics Surge

The rise in demand for consumer electronics is expected to propel the growth of the surface-mount technology market going forward. Consumer electronics refer to electronic devices designed for daily, and non-professional use by end-users or consumers, including devices used for entertainment, communication, and recreation. Surface Mount Technology (SMT) is used in consumer electronics to allows designers to pack more functionality into smaller spaces, leading to those sleek smartphones, compact laptops, and slim TVs. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan reached $52,36,535 million (¥771,457 million). In addition, consumer electronics production reached $2,178,430 million (¥32,099 million) in May 2023, compared to $1,714,724 million (¥25,268 million) in May 2022. Therefore, the rise in demand for consumer electronics is driving the growth of the surface-mount technology market.

Global Surface Mount Technology Market Major Players

Major companies operating in the surface mount technology market report are Hitachi High-Technologies Corporation, Panasonic Holdings Corporation, Assembleon Automation Hanwha Group, Fuji Corporation, Yamaha Motor Co Ltd, Nordson Corporation, Kulicke and Soffa Industries Inc., Speedline Technologies, ASM Assembly Systems GmbH & Co KG, Universal Instruments, Rayming Technology, Essemtec AG, CyberOptics Corporation, Juki Corporation, Aurotek Corporation, Electro Scientific Industries Inc., GPD Global, Europlacer, Koh Young Technology Inc., Electronic Manufacturing Services Group Inc., Viscom AG, Mycronic AB, SSM MYDATA Services, Zhejiang Neoden Technology Co Ltd, Kasdon Electronics Limited, Saki Corporation, DDM Novastar, Onetech Smt Solutions Private Limited

Global Surface Mount Technology Market Trend: Players Pioneer IOT Integration For Enhanced Electronic Components

Major companies operating in the surface mount technology market are developing innovative products with advanced technologies, such as internet of things (IoT) integration, which involves embedding connectivity features into electronic components, enabling seamless communication and data exchange for enhanced device functionality and monitoring capabilities. In December 2022, Linx Technologies, a part of TE Connectivity, launched the ANT-GNL1-nSP, a surface-mount embedded GNSS antenna. The antenna supports GPS, Galileo, GLONASS, Beidou, and QZSS in the L1/E1/B1 bands. It exhibits notable performance in a compact size of 9.6mm x 8.4mm x 0.9mm, features linear polarization, and has an omnidirectional radiation pattern. The antenna is designed for reflow-solder mounting and is especially well-suited for small devices in the growing internet of things market.

Global Surface Mount Technology Market Trend: Surface Mounter For Enhanced Productivity And Reliable Services

Major companies operating in the surface mount technology market are developing innovative products with advanced technologies such as surface mounter, to provider reliable services to customers. A surface mounter is a machine used to automatically place surface-mount devices (SMDs) onto printed circuit boards (PCBs). For instance, in February 2023, Yamaha Motor, a Japan-based mobility manufacturer, launched a new YRM20DL surface mounter, a premium high-efficiency modular that achieves improved actual and per-unit area productivity. It is a dual-lane modular system that reduces transport and head standby loss, as well as improving productivity.

Surface Mount Technology Market Merger And Acquisition:

Nano Dimension Expands Portfolio With Essemtec Acquisition

In November 2021, Nano Dimension Ltd., a US-based 3D printed electronics company acquired Essemtec AG for an undisclosed amount. The acquisition added surface mount technology to Nano Dimension’s portfolio of offerings and Essemtec’s advanced software and the combination of the technologies will have a huge impact and transformative momentum in 3D electronic printing and assembling. Essemtec AG is a Switzerland-based automation machinery manufacturer and produces surface mount technology production equipment.

Regional Insights For The Global Surface Mount Technology Market

Asia-Pacific was the largest region in the surface mount technology market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global surface mount technology market report during the forecast period. The regions covered in the surface mount technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the surface mount technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The surface mount technology market consists of revenues earned by entities by providing printed circuit board (PCB) assembly and inspection services. The market value includes the value of related goods sold by the service provider or included within the service offering. The surface mount technology market includes sales of monolithic ceramic capacitors, tantalum capacitors, and thick film resistors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The surface mount technology market research report is one of a series of new reports from The Business Research Company that provides surface mount technology market statistics, including surface mount technology industry global market size, regional shares, competitors with a surface mount technology market share, detailed surface mount technology market segments, market trends and opportunities, and any further data you may need to thrive in the surface mount technology industry. This surface mount technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Surface Mount Technology Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$5.77 billion
Revenue Forecast In 2033	$8.34 billion
Growth Rate	CAGR of 9.6% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Equipment: Placement, Inspection, Coating Equipment, Solder Equipment, Cleaning Agents, Rework And Repair Equipment 2) By Components: Transistor And Diodes, Integrated Circuits 3) By Industry Vertical: Telecommunication, Consumer electronics, Automotive, Aerospace And Defense, Healthcare
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Hitachi High-Technologies Corporation; Panasonic Holdings Corporation; Assembleon Automation; Hanwha Group; Fuji Corporation; Yamaha Motor Co. Ltd; Nordson Corporation; Kulicke and Soffa Industries Inc.; Speedline Technologies; ASM Assembly Systems GmbH & Co. KG; Universal Instruments; Rayming Technology; Essemtec AG; CyberOptics Corporation; Juki Corporation; Aurotek Corporation; Electro Scientific Industries Inc.; GPD Global; Europlacer; Koh Young Technology Inc.; Electronic Manufacturing Services Group Inc.; Viscom AG; Mycronic AB; SSM MYDATA Services; Zhejiang Neoden Technology Co. Ltd; Kasdon Electronics Limited; Saki Corporation; DDM Novastar; Onetech Smt Solutions Private Limited
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Surface Mount Technology Market Characteristics

3. Surface Mount Technology Market Trends And Strategies

4. Surface Mount Technology Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Surface Mount Technology Market Size and Growth

5.1. Global Surface Mount Technology Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Surface Mount Technology Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Surface Mount Technology Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Surface Mount Technology Market Segmentation

6.1. Global Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Placement

Inspection

Coating Equipment

Solder Equipment

Cleaning Agents

Rework And Repair Equipment

6.2. Global Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Transistor And Diodes

Integrated Circuits

6.3. Global Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Telecommunication

Consumer electronics

Automotive

Aerospace And Defense

Healthcare

7. Surface Mount Technology Market Regional And Country Analysis

7.1. Global Surface Mount Technology Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Surface Mount Technology Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Surface Mount Technology Market

8.1. Asia-Pacific Surface Mount Technology Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Surface Mount Technology Market

9.1. China Surface Mount Technology Market Overview

9.2. China Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Surface Mount Technology Market

10.1. India Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Surface Mount Technology Market

11.1. Japan Surface Mount Technology Market Overview

11.2. Japan Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Surface Mount Technology Market

12.1. Australia Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Surface Mount Technology Market

13.1. Indonesia Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Surface Mount Technology Market

14.1. South Korea Surface Mount Technology Market Overview

14.2. South Korea Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Surface Mount Technology Market

15.1. Western Europe Surface Mount Technology Market Overview

15.2. Western Europe Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Surface Mount Technology Market

16.1. UK Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Surface Mount Technology Market

17.1. Germany Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Surface Mount Technology Market

18.1. France Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Surface Mount Technology Market

19.1. Italy Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Surface Mount Technology Market

20.1. Spain Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Surface Mount Technology Market

21.1. Eastern Europe Surface Mount Technology Market Overview

21.2. Eastern Europe Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Surface Mount Technology Market

22.1. Russia Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Surface Mount Technology Market

23.1. North America Surface Mount Technology Market Overview

23.2. North America Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Surface Mount Technology Market

24.1. USA Surface Mount Technology Market Overview

24.2. USA Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Surface Mount Technology Market

25.1. Canada Surface Mount Technology Market Overview

25.2. Canada Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Surface Mount Technology Market

26.1. South America Surface Mount Technology Market Overview

26.2. South America Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Surface Mount Technology Market

27.1. Brazil Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Surface Mount Technology Market

28.1. Middle East Surface Mount Technology Market Overview

28.2. Middle East Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Surface Mount Technology Market

29.1. Africa Surface Mount Technology Market Overview

29.2. Africa Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Surface Mount Technology Market Competitive Landscape And Company Profiles

30.1. Surface Mount Technology Market Competitive Landscape

30.2. Surface Mount Technology Market Company Profiles

30.2.1. Hitachi High-Technologies Corporation

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Panasonic Holdings Corporation

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Assembleon Automation

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Hanwha Group

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Fuji Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Surface Mount Technology Market Other Major And Innovative Companies

31.1. Yamaha Motor Co. Ltd

31.2. Nordson Corporation

31.3. Kulicke and Soffa Industries Inc.

31.4. Speedline Technologies

31.5. ASM Assembly Systems GmbH & Co. KG

31.6. Universal Instruments

31.7. Rayming Technology

31.8. Essemtec AG

31.9. CyberOptics Corporation

31.10. Juki Corporation

31.11. Aurotek Corporation

31.12. Electro Scientific Industries Inc.

31.13. GPD Global

31.14. Europlacer

31.15. Koh Young Technology Inc

32. Global Surface Mount Technology Market Competitive Benchmarking

33. Global Surface Mount Technology Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Surface Mount Technology Market

35. Surface Mount Technology Market Future Outlook and Potential Analysis

35.1 Surface Mount Technology Market In 2028 - Countries Offering Most New Opportunities

35.2 Surface Mount Technology Market In 2028 - Segments Offering Most New Opportunities

35.3 Surface Mount Technology Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Surface Mount Technology Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Surface Mount Technology Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Hitachi High-Technologies Corporation Financial Performance

Table 75: Panasonic Holdings Corporation Financial Performance

Table 76: Assembleon Automation Financial Performance

Table 77: Hanwha Group Financial Performance

Table 78: Fuji Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Surface Mount Technology Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Surface Mount Technology Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Surface Mount Technology Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Surface Mount Technology Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Surface Mount Technology Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Hitachi High-Technologies Corporation Financial Performance

Figure 75: Panasonic Holdings Corporation Financial Performance

Figure 76: Assembleon Automation Financial Performance

Figure 77: Hanwha Group Financial Performance

Figure 78: Fuji Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the surface mount technology market?

How will the surface mount technology market drivers and restraints affect the surface mount technology market dynamics? What forces will shape the surface mount technology industry going forward?

The surface mount technology market major growth driver - surface mount technology market accelerates with ev sales surge. For further insights on the surface mount technology market, request a sample here

What is the forecast market size or the forecast market value of the surface mount technology market ?

The surface mount technology market size has grown rapidly in recent years. It will grow from $5.23 billion in 2023 to $5.77 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to miniaturization of electronic devices, advancements in component packaging, increased efficiency in mass production, higher component density, improved electrical performance. The surface mount technology market size is expected to see strong growth in the next few years. It will grow to $8.34 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to rise of Internet of things (IoT), flexible and wearable electronics, increased adoption of advanced materials, integration of artificial intelligence (AI), electric vehicle (EV) manufacturing. Major trends in the forecast period include advancements in package-on-package (PoP) technology, 5G technology implementation, technological advancements in pick-and-place systems, rise of smart manufacturing and industry 4.0, lead-free soldering technologies. For further insights on the surface mount technology market, request a sample here

How is the surface mount technology market segmented?

The surface mount technology market is segmented
1) By Equipment: Placement, Inspection, Coating Equipment, Solder Equipment, Cleaning Agents, Rework And Repair Equipment
2) By Components: Transistor And Diodes, Integrated Circuits
3) By Industry Vertical: Telecommunication, Consumer electronics, Automotive, Aerospace And Defense, HealthcareFor further insights on the surface mount technology market, request a sample here

Which region has the largest share of the surface mount technology market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the surface mount technology market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global surface mount technology market report during the forecast period. The regions covered in the surface mount technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the surface mount technology market, request a sample here.

Who are the major players in the surface mount technology market?

What are the key trends in the surface mount technology market?

Major trend in the surface mount technology market - surface mounter for enhanced productivity and reliable services. For further insights on the surface mount technology market, request a sample here.

What are the major opportunities in the surface mount technology market? What are the strategies for the surface mount technology market?

For detailed insights on the major opportunities and strategies in the surface mount technology market, request a sample here.

How does the surface mount technology market relate to the overall economy and other similar markets?

For detailed insights on surface mount technology market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the surface mount technology industry?

For detailed insights on the mergers and acquisitions in the surface mount technology industry, request a sample here.

What are the key dynamics influencing the surface mount technology market growth? SWOT analysis of the surface mount technology market.

For detailed insights on the key dynamics influencing the surface mount technology market growth and SWOT analysis of the surface mount technology industry, request a sample here.