Surface Mount System Trends and Forecast
The future of the global surface mount system market looks promising with opportunities in the automation industry and electronic industry. The global surface mount system market is expected to reach an estimated $9.0 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growing demand for LED lighting, rising demand for automation among consumers, as well as, miniaturization of electronic devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Surface Mount System by Segment
The study includes a forecast for the global surface mount system by type, application, and region.
Surface Mount System Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Placement
• Inspection
• Soldering
• Screen Printing
• Others
Surface Mount System Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Automation Industry
• Electronic Industry
• Others
Surface Mount System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Surface Mount System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies surface mount system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the surface mount system companies profiled in this report include-
• Sony
• Assembleon
• Siemens
• Panasonic
• Fuji
• Yamaha
• Juki
• Mirae
• Samsung
• Evest
Surface Mount System Market Insights
Lucintel forecasts that placement is expected to witness highest growth over the forecast period.
Within this market, consumer electronics will remain the largest segment because of the increasing consumer demand for reduced size and weight of consumer electronics and low power consumption.
APAC is expected to witness highest growth over the forecast period due to growing demand for 3G/4G networks, growing economies of developing countries, and increasing adoption of electric vehicles.
Features of the Global Surface Mount System Market
Market Size Estimates: Surface mount system market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Surface mount system market size by type, application, and region in terms of value ($B).
Regional Analysis: Surface mount system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the surface mount system market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the surface mount system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the surface mount system market size?
Answer: The global surface mount system market is expected to reach an estimated $9.0 billion by 2030.
Q.2 What is the growth forecast for surface mount system market?
Answer: The global surface mount system market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the surface mount system market?
Answer: The major drivers for this market are growing demand for LED lighting, rising demand for automation among consumers, as well as, miniaturization of electronic devices.
Q4. What are the major segments for surface mount system market?
Answer: The future of the global surface mount system market looks promising with opportunities in the automation industry and electronic industry.
Q5. Who are the key surface mount system market companies?
Answer: Some of the key surface mount system companies are as follows:
• Sony
• Assembleon
• Siemens
• Panasonic
• Fuji
• Yamaha
• Juki
• Mirae
• Samsung
• Evest
Q6. Which surface mount system market segment will be the largest in future?
Answer: Lucintel forecasts that placement is expected to witness highest growth over the forecast period.
Q7. In surface mount system market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand for 3G/4G networks, growing economies of developing countries, and increasing adoption of electric vehicles.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the surface mount system market by type (placement, inspection, soldering, screen printing, and others), application (automation industry, electronic industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Surface Mount System Market, Surface Mount System Market Size, Surface Mount System Market Growth, Surface Mount System Market Analysis, Surface Mount System Market Report, Surface Mount System Market Share, Surface Mount System Market Trends, Surface Mount System Market Forecast, Surface Mount System Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.