The global demand for SMT Placement Equipment Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
SMT stand for surface mount technology component placement systems, also known as pick-and-place machine or P&Ps, are robotic machine that are used to place surface mount devices onto a printed circuit board. They are used for high speed, high accuracy placing of broad range of electronic components, like resistor, capacitors, integrated circuits onto the PCBs which are in turn used in laptops, computers, consumer electronics as well as medical, automotive, industrial, military and telecommunications equipment.
Market Dynamics
The market is mainly driven by the expansion of the telecommunication sector along with growing telecommunication equipment expenditures. In addition to this, rising spending on the medical and automotive industry, retrofitting, and renovation of old technology is the major driving factor for the market's growth. Further, the latest consumer electronic products, such as laptops, TVs, smartphones, tablets, and others, are manufactured through SMT technology. An increase in the sale of consumer electronic products coupled with the expansion of computing and storage industries drives the demand for the SMT placement equipment market during the forecast period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of smt placement equipment. The growth and trends of smt placement equipment industry provide a holistic approach to this study.
Market Segmentation
This section of the smt placement equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Equipment Type
- Automatic Optical Inspection (AOI)
- Automated X-Ray Inspection (AXI)
- Solder Paste Inspection (SPI)
- In-Circuit Test (ICT)
By Dimension
- Two Dimension
- Three Dimension
By Configuration
By Phase
- Incoming Inspection
- In-Process Inspection
- Product Inspection and Rework
By End-User
- Automotive
- Aerospace & Defense
- Consumer Electronics
- Healthcare
- Industrial
- Others (Energy & Power, etc.)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the SMT Placement Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global SMT Placement Equipment Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the smt placement equipment market include Omron Corporation, Saki Corporation, Viscom, Camtek Ltd., Orbotech, Nordson YESTECH, Shenzhen Zhenhuaxing Technology Co., Ltd., SCREEN Holdings Co., Ltd., AOI Systems Ltd. and Mirtec. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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