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The future of the surface mount technology market looks promising with opportunities in the consumer electronics, telecommunication, aerospace & defense, automotive, medical, industrial, and energy & power system markets. The global surface mount technology market is expected to grow with a CAGR of 8% to 10% from 2021 to 2026. The major drivers for this market are growing demand for LED lighting, miniaturization of electronic devices, and growth in the telecom, automotive, & consumer electronics markets.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of surface mount technology market report download the report brochure.
The study includes trends and forecasts for the global surface mount technology market by equipment, application, and region as follows:
By Equipment [$M shipment analysis for 2015 – 2026]:
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Placement
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Inspection
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Soldering
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Screen Printing
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Cleaning
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Repair & Rework
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Others
By Application [$M shipment analysis for 2015 – 2026]:
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Consumer Electronics
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Telecommunication
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Aerospace & Defense
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Automotive
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Medical
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Industrial
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Energy & Power Systems
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Others
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
Consumer electronics will remain the largest application segment during the forecast period due to increasing consumer demand for reduced size and weight of consumer electronics and low power consumption.
Asia Pacific will remain the largest region during the forecast period due to growing demand for 3G/4G networks, growing economies of developing countries, and increasing adoption of electric vehicles.
Some of the surface mount technology companies profiled in this report include ASM Assembly Systems, Fuji Machine, Hitachi High Technologies, Allen Organ, Panasonic, CyberOptics, Juki, Nikon Metrology NV Tioga, and Omron Corporationt.
Features of Surface Mount Technology Market
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Market Size Estimates: Surface mount technology market size estimation in terms of value ($M)
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by equipment and application
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Regional Analysis: Surface mount technology market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different application, equipment, and regions for surface mount technology market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the surface mount technology market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising potential, high-growth opportunities for the global surface mount technology market by equipment (placement, inspection, soldering, screen printing, cleaning, repair & rework, and others), application (consumer electronics, telecommunication, aerospace & defense, automotive, medical, industrial, and energy & power systems), 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 regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the surface mount technology market?
Q.5 What are the business risks and threats to the surface mount technology market?
Q.6 What are the emerging trends in the surface mount technology market and the reasons behind them?
Q.7 What are some changing demands of customers in the surface mount technology market?
Q.8 What are the new developments in the surface mount technology market? Which companies are leading these developments?
Q.9 Who are the major players in the surface mount technology market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the surface mount technology market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the surface mount technology market? |