By: marketsandmarkets.com
Publishing Date: March 2017
Report Code: SE 3874
The increasing demand for miniaturized consumer electronics products and the increasing adoption of electric vehicles are the key factors driving the growth of the surface mount technology market. The surface mount technology market was valued at USD 3.24 Billion in 2016 and is expected to grow at a CAGR of 8.9% between 2017 and 2022. The base year considered for the study is 2016 and the forecast period is between 2017 and 2022. The objective of the report is to provide a detailed analysis of the surface mount technology market on the basis of equipment, application, and geography. The report provides detailed information regarding the major factors influencing the growth of the surface mount technology market. The report also provides a detailed overview of the value chain in the surface mount technology market and analyzes the market trends with Porter’s five forces.
The research methodology used to estimate and forecast the surface mount technology market begins with capturing data on the revenue of the key vendors through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the surface mount technology market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the profiles of primaries is depicted in the below figure.
To know about the assumptions considered for the study, download the pdf brochure
The surface mount technology ecosystem comprises material and chip processing component manufacturers including Ohmite Manufacturing Co. LLC (U.S.), Applied Image, Inc. (U.S.), and KBC Electronics, Inc. (U.S.), manufacturing and assembly, module packaging. The players involved in the development of surface mount technology systems include Fuji Machine Manufacturing Co., Ltd.(Japan), Hitachi High-Technologies Corporation (Japan), Mycronic AB (Sweden), Nordson Corporation (U.S.), and Orbotech Ltd. (Israel) as well as associations such as the Surface Mount Technology Association.
Key Target Audience
- Integrated circuit designers
- Original equipment manufacturers (OEMs)
- Product manufacturers
- Raw material and manufacturing equipment suppliers
- Research organizations and consulting companies
- Semiconductor product designers and fabricators
- Smart grid integrators
- Surface mount component and device distributors and providers
- Surface mount devices manufacturing companies
- Technology investors
- Technology standard organizations, forums, alliances, and associations
“This study answers several questions for the stakeholders, primarily, which market segments to focus on in the next two to five years for prioritizing efforts and investments.”
Scope of the Report
This research report categorizes the surface mount technology market on the basis of equipment, application, and geography.
Surface Mount Technology Market, by Equipment:
- Inspection Equipment
- Placement Equipment
- Soldering Equipment
- Screen Printing Equipment
- Cleaning Equipment
- Rework and Repair Equipment
Surface Mount Technology Market, by Application:
- Consumer Electronics
- Telecommunication
- Aerospace & Defense
- Automotive
- Medical
- Industrial
- Energy & Power Systems
Surface Mount Technology Market, by Geography:
- North America
- Europe
- Asia-Pacific (APAC)
- Rest of the World (RoW)
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
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