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Surface Mount Technology Market Size, Share & Trends Analysis Report By Equipment (Inspection Equipment, Placement Equipment, Others), By Service, By Application, Regional Outlook, Competitive Strategies, and Segment Forecasts, 2023 - 2030

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  • 100 Pages
  • May 2023
  • Region: Global
  • Grand View Research
  • ID: 5830886
Description Jump to:
The global surface mount technology market size is expected to reach USD 8,222.0 million by 2030, expanding at a CAGR of 5.8%. Surface mount technology (SMT) is a method of electronic component assembly used to build electronic circuits on printed circuit boards (PCBs). In SMT, electronic components such as resistors, capacitors, and integrated circuits (ICs) are mounted directly onto the surface of the PCB rather than being inserted through holes in the board (as in through-hole technology).In SMT, the components are typically much smaller and more compact than through-hole components, which allows for a greater degree of miniaturization in electronic devices. SMT also allows for higher component density on PCBs, meaning that more complex electronic circuits can be designed and manufactured in smaller, more efficient packages. The market's growth is expected to be driven by the miniaturization of electronic devices across the globe. The trend towards sma
ller and more portable electronic devices has increased demand for smaller components, which can only be manufactured using SMT. Miniaturization involves reducing the size of various electronic components, such as resistors, capacitors, and transistors, and integrating them into smaller, more densely packed circuit boards. This is typically achieved through the use of surface mount technology (SMT), which allows for smaller components to be placed closer together on the circuit board, making the overall device smaller.

Moreover, the increasing adoption of electric vehicles (EVs) across the globe is another major factor driving the market's growth. This is because EVs require various electronic components, including power electronics, batteries, and sensors. These are typically smaller and more compact than components used in traditional combustion engine vehicles. SMT components are more suitable for EV use due to their smaller size and higher component density. This has increased demand for SMT components and equipment in the automotive industry. Furthermore, as EVs are designed to be more energy efficient than traditional vehicles, every component in an EV needs to be optimized for efficiency. SMT components are known for their high efficiency and reliability, making them ideal for use in EVs.

The COVID-19 pandemic has significantly impacted the global economy, and the surface-mount technology market has not been immune to its effects. The pandemic caused disruptions in global supply chains, leading to delays in delivering components and equipment for SMT manufacturing. Owing to this, manufacturers of SMT equipment have faced challenges in meeting production targets, which has affected the growth of the SMT market. Moreover, the pandemic has caused a shift in consumer behavior, resulting in a surge in demand for electronic devices, such as laptops, smartphones, and gaming consoles. This has led to an increase in demand for SMT services, as these devices require a high degree of electronic component integration.

Surface Mount Technology Market Report Highlights

  • The market's growth is expected to be driven by the miniaturization of electronic devices across the globe. The trend towards smaller and more portable electronic devices has led to an increased demand for smaller components, which can only be manufactured using surface mount technology (SMT)
  • The increasing automation across the industry verticals such as automotive, logistics, e-commerce, and among others is another major factor driving the growth of the market. Additionally, the growth of automation and robotics in manufacturing sector has made SMT more efficient and cost-effective, as machines can place components with greater precision and speed
  • The placement equipment segment dominated the overall market in 2022. This dominance can be attributed to the rising need for improving product technology, reliability, responsiveness, and inspection quality
  • The supply chain services segment is anticipated to register the fastest CAGR over the forecast period. The supply chain services comprises a range of services, including sourcing & procurement, inventory management, logistics & transportation, and warehousing & distribution
  • The consumer electronics segment dominated the market in 2022 and accounted for a market share of 32.5%. Surface mount technology (SMT) is widely used in consumer electronics manufacturing owing to its several advantages over traditional through-hole technology, such as the smaller form factors, faster production times, and increased efficiency


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.3.1. Information analysis
1.3.2. Market formulation & data visualization
1.3.3. Data validation & publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Summary
2.2. Market Snapshot
2.3. Segment Snapshot
2.4. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope Outlook
3.1. Market Lineage Outlook
3.2. Surface Mount Technology Market - Value Chain Analysis
3.3. Surface Mount Technology Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunity Analysis
3.4. Surface Mount Technology Market - Porter's Five Forces Analysis
3.4.1. Supplier power
3.4.2. Buyer power
3.4.3. Substitution threat
3.4.4. Threat from new entrant
3.4.5. Competitive rivalry
3.5. Surface Mount Technology Market - PEST Analysis
3.5.1. Political landscape
3.5.2. Economic landscape
3.5.3. Social landscape
3.5.4. Technology landscape
3.6. COVID-19 Impact Analysis
Chapter 4. Surface Mount Technology market Equipment Outlook
4.1. Surface Mount Technology market, By Equipment Analysis & Market Share, 2022 & 2030
4.2. Inspection Equipment
4.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
4.3. Placement Equipment
4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
4.4. Soldering Equipment
4.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
4.5. Screen Printing Equipment
4.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
4.6. Cleaning Equipment
4.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
4.7. Repair & Rework Printing Equipment
4.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.7.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 5. Surface Mount Technology market Service Outlook
5.1. Surface Mount Technology market, By Operation Analysis & Market Share, 2022 & 2030
5.2. Designing
5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.3. Test & prototyping
5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.4. Supply Chain Services
5.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.5. Manufacturing
5.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.6. Aftermarket Services
5.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 6. Surface Mount Technology market Application Outlook
6.1. Surface Mount Technology market, By Application Analysis & Market Share, 2022 & 2030
6.2. Consumer Electronics
6.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.2.3. Mobile Phones
6.2.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.2.4. Personal Computers
6.2.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.2.5. Home Appliances
6.2.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.2.6. Audio and Video Systems
6.2.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.2.7. Storage Devices
6.2.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.7.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.2.8. Others
6.2.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.8.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.3. IT & telecommunication
6.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.3.3. Telecom Equipment
6.3.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.3.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.3.4. Networking Devices
6.3.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.3.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.4. Automotive
6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.4.3. Driver Assistance Systems
6.4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.4.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.4.4. Infotainment Systems
6.4.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.4.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.4.5. Others
6.4.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.4.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.5. Industrial
6.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.5.3. Industrial Automation and Motion Control
6.5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.5.4. Mechatronics and Robotics
6.5.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.5.5. Power Electronics
6.5.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.5.6. Photovoltaic Systems
6.5.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.5.7. Others
6.5.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.7.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.6. Aerospace & Defense
6.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.6.3. Aircraft Systems
6.6.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.6.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.6.4. Military Radars
6.6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.6.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.6.5. Others
6.6.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.6.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.7. Healthcare
6.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.7.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.7.3. Medical Imaging Equipment
6.7.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.7.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.7.4. Consumer Medical Devices
6.7.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.7.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.7.5. Others
6.7.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.7.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.8. Others
6.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.8.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 7. Surface Mount Technology market: Regional Estimates & Trend Analysis
7.1. Surface Mount Technology market Share by Region, 2022 & 2030
7.2. North America
7.2.1. Market estimates and forecasts, 2017 - 2030
7.2.2. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.2.3. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.2.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.2.5. U.S.
7.2.5.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.2.5.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.2.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.2.6. Canada
7.2.6.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.2.6.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.2.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecasts, 2017 - 2030
7.3.2. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.3.3. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.3.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.3.5. Germany
7.3.5.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.3.5.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.3.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.3.6. UK
7.3.6.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.3.6.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.3.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.3.7. France
7.3.7.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.3.7.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.3.7.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.3.8. Spain
7.3.8.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.3.8.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.3.8.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.3.9. Italy
7.3.9.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.3.9.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.3.9.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.4. Asia-Pacific
7.4.1. Market estimates and forecasts, 2017 - 2030
7.4.2. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.4.3. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.4.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.4.5. China
7.4.5.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.4.5.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.4.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.4.6. Japan
7.4.6.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.4.6.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.4.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.4.7. India
7.4.7.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.4.7.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.4.7.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.4.8. Taiwan
7.4.8.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.4.8.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.4.8.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.4.9. Australia
7.4.9.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.4.9.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.4.9.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.5. Latin America
7.5.1. Market estimates and forecasts, 2017 - 2030
7.5.2. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.5.3. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.5.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.5.5. Brazil
7.5.5.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.5.5.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.5.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.5.6. Mexico
7.5.6.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.5.6.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.5.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecasts, 2017 - 2030
7.6.2. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.6.3. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.6.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.6.5. UAE
7.6.5.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.6.5.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.6.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
7.6.6. South Africa
7.6.6.1. Market estimates and forecasts, By Equipment, 2017 - 2030 (USD Million)
7.6.6.2. Market estimates and forecasts, By Service, 2017 - 2030 (USD Million)
7.6.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
Chapter 8. Competitive Analysis
8.1. Recent Developments and Impact Analysis, by Key Market Participants
8.2. Company/Competition Categorization (Key Innovators, Market Leaders, Emerging, Niche Players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2022
8.4. Company Analysis Tools
8.4.1. Market Position Analysis
8.4.2. Competitive Dashboard Analysis
Chapter 9. Surface Mount Technology Market Competitive Landscape
9.1. Key Market Participants
9.1.1. ASM Pacific Technology
9.1.2. Seika Corporation
9.1.3. Panasonic
9.1.4. Nordson Corporation
9.1.5. Cognex Corporation
9.1.6. Fuji Machine Manufacturing Co., Ltd.
9.1.7. Teradyne Inc.
9.1.8. Mycronic
9.1.9. Kulicke & Soffa Industries, Inc.
9.1.10. Neoden SMT
9.2. Key Company Market Share Analysis, 2022
9.3. Company Categorization/Position Analysis, 2022
9.4. Strategic Mapping
9.4.1. Expansion
9.4.2. Mergers & Acquisition
9.4.3. Partnership & Collaborations
9.4.4. Product/service launch
9.4.5. Others
List of Tables
Table 1 Global Surface Mount Technology Market Revenue Estimates and Forecast, By Equipment, 2017 - 2030 (USD Million)
Table 2 Global Surface Mount Technology Market Revenue Estimates and Forecast, By Service, 2017 - 2030 (USD Million)
Table 3 Global Surface Mount Technology Market Revenue Estimates and Forecast, By Application, 2017 - 2030 (USD Million)
Table 4 Company Heat Map Analysis
Table 5 Key Companies undergoing acquisition.
Table 6 Key Companies launching new products & developing the existing products.
Table 7 Key Companies undertaking other strategies.
List of Figures
Fig. 1 Surface Mount Technology Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Segment Snapshot
Fig. 9 Competitive Landscape Snapshot
Fig. 10 Surface Mount Technology - Industry Value Chain Analysis
Fig. 11 Surface Mount Technology Market Dynamics
Fig. 12 Surface Mount Technology Market: PORTER’s Analysis
Fig. 13 Surface Mount Technology Market: PESTEL Analysis
Fig. 14 Surface Mount Technology Market, by Equipment: Key Takeaways
Fig. 15 Surface Mount Technology Market, by Equipment: Market Share, 2022 & 2030
Fig. 16 Surface Mount Technology Market estimates & forecasts, by Inspection Equipment, 2017 - 2030 (USD Million)
Fig. 17 Surface Mount Technology Market estimates & forecasts, by Placement Equipment, 2017 - 2030 (USD Million)
Fig. 18 Surface Mount Technology Market estimates & forecasts, by Soldering Equipment, 2017 - 2030 (USD Million)
Fig. 19 Surface Mount Technology Market estimates & forecasts, by Screen Printing Equipment, 2017 - 2030 (USD Million)
Fig. 20 Surface Mount Technology Market estimates & forecasts, by Cleaning Equipment, 2017 - 2030 (USD Million)
Fig. 21 Surface Mount Technology Market estimates & forecasts, by Repair & Rework Equipment, 2017 - 2030 (USD Million)
Fig. 22 Surface Mount Technology Market estimates & forecasts, Others Equipment, 2017 - 2030 (USD Million)
Fig. 23 Surface Mount Technology Market, by Service: Key Takeaways
Fig. 24 Surface Mount Technology Market, by Service: Market Share, 2022 & 2030
Fig. 25 Surface Mount Technology market estimates & forecasts, by Designing, 2017 - 2030 (USD Million)
Fig. 26 Surface Mount Technology Market estimates & forecasts, by Test & Prototype, 2017 - 2030 (USD Million)
Fig. 27 Surface Mount Technology market estimates & forecasts, by Supply Chain Services, 2017 - 2030 (USD Million)
Fig. 28 Surface Mount Technology Market estimates & forecasts, by Manufacturing, 2017 - 2030 (USD Million)
Fig. 29 Surface Mount Technology Market estimates & forecasts, by Aftermarket Services, 2017 - 2030 (USD Million)
Fig. 30 Surface Mount Technology Market, by Application: Key Takeaways
Fig. 31 Surface Mount Technology Market, by Application: Market Share, 2022 & 2030
Fig. 32 Surface Mount Technology market estimates & forecasts, by Consumer Electronics, 2017 - 2030 (USD Million)
Fig. 33 Surface Mount Technology Market estimates & forecasts, by IT & Telecommunication, 2017 - 2030 (USD Million)
Fig. 34 Surface Mount Technology market estimates & forecasts, by Automotive, 2017 - 2030 (USD Million)
Fig. 35 Surface Mount Technology Market estimates & forecasts, by Industrial, 2017 - 2030 (USD Million)
Fig. 36 Surface Mount Technology market estimates & forecasts, by Aerospace & Defense, 2017 - 2030 (USD Million)
Fig. 37 Surface Mount Technology Market estimates & forecasts, by Healthcare, 2017 - 2030 (USD Million)
Fig. 38 Surface Mount Technology Market estimates & forecasts, by Others, 2017 - 2030 (USD Million)
Fig. 39 Global Surface Mount Technology Market revenue, by region, 2022 & 2030 (USD Million)
Fig. 40 North America Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 41 U.S. Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 42 Canada Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 43 Europe Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 44 UK Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 45 Germany Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 46 France Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 47 Spain Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 48 Italy Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 49 Asia Pacific Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 50 China Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 51 India Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 52 Japan Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 53 Taiwan Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 54 Australia Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 55 Latin America Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 56 Brazil Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 57 Mexico Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 58 Middle East & Africa (MEA) Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 59 UAE Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 60 South Africa Surface Mount Technology Market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 61 Key Company Categorization
Fig. 62 Company Market Share Analysis, 2022
Fig. 63 Strategic framework

Companies Mentioned

  • ASM Pacific Technology
  • Seika Corporation
  • Panasonic
  • Nordson Corporation
  • Cognex Corporation
  • Fuji Machine Manufacturing Co., Ltd.
  • Teradyne Inc.
  • Mycronic
  • Kulicke & Soffa Industries, Inc.
  • Neoden SMT

Methodology

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Table Information

Report AttributeDetails
No. of Pages100
PublishedMay 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 5271.9 Million
Forecasted Market Value ( USD ) by 2030 $ 8222 Million
Compound Annual Growth Rate5.8%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Surface Mount Technology Market

Surface Mount Technology (SMT) is a method of electronic circuit assembly used in the semiconductor industry. It is a process in which components are mounted directly onto the surface of a printed circuit board (PCB) without the use of through-hole technology. SMT components are typically smaller than their through-hole counterparts, allowing for higher component density and increased circuit board performance. SMT also offers improved electrical performance, as the components are soldered directly to the board, eliminating the need for wires and connectors. SMT is used in a wide range of applications, from consumer electronics to industrial automation. It is also used in the automotive industry, where it is used to reduce the size and weight of components, as well as to improve the reliability of the circuit. The SMT market is highly competitive, with a number of companies offering a variety of products and services. Some of the major players in the market include Kulicke & Soffa, ASM Pacific Technology, Mycronic, and Fuji Machine Manufacturing. Show Less Read more

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