Several types of surface mount technology (SMT) equipment are available in the market as of today (telecommunications, consumer electronics, aerospace and defense, automotive, and others), types (placement equipment, inspection equipment, soldering equipment, screen printing equipment, etc.) and geography (APAC, North America, Europe, Middle East and Africa, and South America) - Forecast and Analysis 2024-2028 report has been added to Technavio's offering.. Over the past 16 years, Technavio has been proudly partnering with more than 100 Fortune 500 companies that are ISO 9001:2015 certified. There will be a USD 2 billion difference in growth between 2024 and 2028 for the surface mount technology (SMT) equipment market.The number of billions is 54
The number of billions is 54
Component miniaturization drives market growth. As the electronics industry continues to grow, its players are increasingly emphasizing the importance of minimizing end-product dimensions with smaller passive components with size factors approaching 0.5 mm, which drives the growth of the market. In this way, the market is growing rapidly. In this report, you will gain a deeper understanding of the market size, the current market scenario, the future growth opportunities, the major growth driving factors, the latest trends, and much more.
Increasingly, manufacturers in the electronics industry are focusing on minimizing end-product dimensions using smaller passive components with a size factor that is approaching 0.5 mm, which drives the market growth. Miniaturization of components drives the market growth. In turn, such factors have contributed to the market's growth. Get a deeper understanding of the market size, current market scenario, future growth opportunities, major growth driving factors, and much more by purchasing the full report.
The market challenge consists of the following:
Find out about additional key drivers, trends, and challenges with Technavio's Free Sample PDF Report. Read more about Technavio's Free Sample PDF Report here.
The surface mount technology (SMT) equipment market is segmented by end-user (telecommunication, consumer electronics, aerospace and defense, automotive, and others), type (placement equipment, inspection equipment, soldering equipment, screen printing equipment, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America) among other things. 
Check out the Free Sample Report to get a better understanding of how the segments and regional opportunities in the report contribute to the report as a whole.
The following are some of the key companies in the Surface Mount Technology (SMT) equipment market:
Among them are Amistar Automation Inc., Autotronik SMT GmbH, Beijing Torch Co. Ltd., DDM Novastar Inc., Europlacer Ltd., FRITSCH GmBH, Fuji, Hanwha, Juki, Kulicke and Soffa Industries Inc., Mirae Corporation, Mycronic AB, Nordson Corporation, Panasonic Holdings Corporation, Panasonic Holdings Corporation, SMTnet, SumiLax SMT Technologies Pvt Ltd, Universal Instruments Corp., Versatec LLC, Yamaha Motor Co. Ltd., and ASMPT Ltd.
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The executive summary of the report
An overview of the market
The size of the market
Market sizes in the past
Analysis of the Five Forces
End-user segmentation of the market
Segmentation of the market based on type of product
Geography-based segmentation of the market
A brief overview of the customer landscape
A description of the geographical landscape
The drivers, challenges, and trends that will shape the future of the industry
An overview of the company's landscape
Analyses of the company
The appendix
There is no doubt that Technavio is one of the leading global technology research and advisory companies in the world. As a leading provider of market research and analysis services, their research and analysis are focused on emerging trends in the market and provide actionable insights to help businesses identify market opportunities and develop effective marketing strategies to increase their market share.. The Technavio report library, which consists of more than 17,000 reports, is constantly growing, and covers more than 800 technologies, spanning over 50 countries, and is compiled by more than 500 specialized analysts.. Among their client base are enterprises of all sizes, including over 100 Fortune 500 companies that are part of their client base. In order to identify opportunities in existing and potential markets and evaluate their competitive positions within changing market scenarios, Technavio's comprehensive coverage, extensive research, and actionable insights into the market are continuously relied upon by this growing client base.
In order to identify opportunities in existing and potential markets and evaluate their competitive positions within changing market scenarios, Technavio's comprehensive coverage, extensive research, and actionable insights into the market are continuously relied upon by this growing client base.
Contact information
The Technavio Research TeamJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com
The source of this information is Technavio
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