Aug 17, 2019   SOURCE: BusinessWire

Global SMT Equipment Market Size, Trends & Forecasts 2019-2023 with Focus on Placement and Inspection Equipment - ResearchAndMarkets.com

The "Global SMT Equipment Market with Focus on Placement and Inspection Equipment: Size, Trends & Forecasts (2019-2023)" report has been added to ResearchAndMarkets.com's offering.

The report provides analysis of the SMT equipment market by value, by segment and by region. The report further provides a detailed regional analysis of the global SMT placement equipment market by value.

Surface Mount Technology or SMT is a process which attaches electronic components on Printed Circuit Boards (PCBs). The process replaced the previously used method, i.e., through-hole technology (THT). The SMT is performed with the help of numerous equipment: placement equipment, inspection equipment, soldering equipment, cleaning equipment, etc.

SMT placement equipment or pick-and-place machines are machines operated to place surface-mount devices (SMDs) on printed circuit boards. The machines are used to provide high precision and high speed for the placement of a wide range of electronic products such as capacitors, resistors, etc.

SMT inspection consists of automated optical inspection (AOI), an autonomous inspection of printed circuit board production process by a camera, which identifies missing components and quality defects. Furthermore, SMT inspection includes solder paste inspection (SPI), which examines or monitors the solder paste deposits on the PCBs.

The global SMT equipment market has witnessed stable growth in the past few years and is expected to grow at a progressive rate during the forecasted period (2019-2023). The growth of global SMT equipment market would be supported by the growth drivers such as rising number of electric vehicles, growing consumer electronic devices, an increasing number of wearable devices, upsurge in the Internet of Things (IoT) connected devices, growth in smartphone penetration, emerging industrial robotics and many other factors.

However, the growth of the global SMT equipment market is being hindered by various challenges. Some of the distinguished challenges faced by the market are economic uncertainties and lack of trained labour.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global SMT equipment has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Fuji Corporation, ASM Pacific Technology (ASM Assembly Systems, LLC), CyberOptics Corporation and HPC Vermgensverwaltung GmbH (Viscom AG) are some of the key operating players in the global SMT equipment market. The four companies have been profiled in the report providing a detailed analysis of their financial information and business strategies.

Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 Surface Mount Technology (SMT): An Overview

2.1.1 History of Surface Mount Technology (SMT)

2.2 Surface Mount Technology Devices: An Overview

2.3 Surface Mount Technology Segmentation: An Overview

2.4 Surface Mount Technology Inspection: An Overview

2.5 Advantages and Disadvantages of Surface Mount Technology

3. Global Market Analysis

3.1 Global SMT Equipment Market: An Analysis

3.1.1 Global SMT Equipment Market by Value

3.1.2 Global SMT Equipment Market by Segment (Placement, Inspection and Other)

3.1.3 Global SMT Equipment Market by Region (Asia Pacific, North America, Europe, Middle East & Africa and Latin America)

3.2 Global SMT Equipment Market: Segment Analysis

3.2.1 Global SMT Placement Equipment Market by Value

3.2.2 Global SMT Placement Equipment Market by Region (Asia Pacific, North America, Europe, South America and the Middle East & Africa)

3.2.3 Global SMT Inspection Equipment Market by Value

3.2.4 Global SMT Inspection Equipment Market by Segment (Automated Optical Inspection and Solder Paste Inspection)

3.2.5 Global Solder Paste Inspection (SPI) Equipment Market by Value

3.2.6 Global Automated Optical Inspection (AOI) Equipment Market by Value

3.2.7 Global Other SMT Equipment Market by Value

4. Regional SMT Equipment Market Analysis

4.1 North America SMT Equipment Market: An Analysis

4.1.1 North America SMT Equipment Market by Value

4.2 Europe SMT Equipment Market: An Analysis

4.2.1 Europe SMT Equipment Market by Value

4.3 Middle East & Africa SMT Equipment Market: An Analysis

4.3.1 Middle East & Africa SMT Equipment Market by Value

4.4 Asia Pacific SMT Equipment Market: An Analysis

4.4.1 Asia Pacific SMT Equipment Market by Value

4.5 Latin America SMT Equipment Market: An Analysis

4.5.1 Latin America SMT Equipment Market by Value

5. Regional SMT Placement Equipment Market Analysis

5.1 North America SMT Equipment Market: An Analysis

5.1.1 North America SMT Placement Equipment Market by Value

5.2 Europe SMT Placement Equipment Market: An Analysis

5.2.1 Europe SMT Placement Equipment Market by Value

5.3 Asia Pacific SMT Placement Equipment Market: An Analysis

5.3.1 Asia Pacific SMT Placement Equipment Market by Value

5.4 Middle East & Africa SMT Placement Equipment Market: An Analysis

5.4.1 Middle East & Africa SMT Placement Equipment Market by Value

5.5 South America SMT Placement Equipment Market: An Analysis

5.5.1 South America SMT Placement Equipment Market by Value

6. Market Dynamics

6.1 Growth Drivers

6.1.1 Rising Number of Electric Vehicles

6.1.2 Growing Consumer Electronic Devices

6.1.3 Increasing Number of Wearable Devices

6.1.4 Upsurge in the Internet of Things (IoT) Connected Devices

6.1.5 Growth in Smartphone Penetration

6.1.6 Emerging Industrial Robotics

6.1.7 Rising Urbanization

6.2 Challenges

6.2.1 Economic Uncertainties

6.2.2 Lack of Trained Labor

6.3 Market Trends

6.3.1 Progression in Self-Driven Cars

6.3.2 Growth in Medical Technology

6.3.3 Increasing Smart Home Spending

6.3.4 Budding Fly-By-Wire Technology

7. Competitive Landscape

7.1 Global SMT Equipment Market Players: A Financial Comparison

7.2 Global SMT Equipment Market Players' by Research & Development Expenditure

8. Company Profiles

  • ASM Pacific Technology (ASM Assembly Systems, LLC)
  • CyberOptics Corporation
  • Fuji Corporation
  • HPC Vermgensverwaltung GmbH (Viscom AG)

For more information about this report visit https://www.researchandmarkets.com/r/110d81