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Global Surface Mount Technology (SMT) Equipment Market 2017-2021

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
    • Types of SMDs
    • Types of SMT equipment
    • Working of surface mount technology
      • Table Production steps of SMT technology
  • Market landscape
    • Market overview
      • Table Global SMT equipment market: Overview
    • Market size and forecast
      • Table Global SMT equipment market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Market overview
      • Table Global SMT equipment market by type 2016 (% share of revenue)
      • Table Global SMT equipment market by type 2016-2021 ($ millions)
    • SMT placement equipment
      • Table Global SMT placement equipment market 2016-2021 ($ millions)
    • SMT inspection equipment
      • Table Global SMT inspection equipment market 2016-2021 ($ millions)
    • SMT soldering equipment
      • Table Global soldering equipment market 2016-2021 ($ millions)
    • SMT cleaning equipment
      • Table Global SMT cleaning equipment market 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Global SMT equipment market by geography 2016-2021 - market size & forecast
    • Regional comparison
      • Table Regional comparison
    • APAC - market size & forecast
      • Table APAC - market size & forecast 2016-2021 ($ millions)
      • Table APAC - Year-over-year growth 2017-2021
      • Table Top 3 countries in APAC
    • Americas - market size & forecast
      • Table Americas - market size & forecast 2016-2021 ($ millions)
      • Table Americas - Year-over-year growth 2017-2021
      • Table Top 3 countries in Americas
    • EMEA - market size & forecast
      • Table EMEA - market size & forecast 2016-2021 ($ millions)
      • Table EMEA - Year-over-year growth 2017-2021
      • Table Top 2 countries in EMEA
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Customer reliability cost paradigm
  • Market trends
    • Shift toward sensor-based inspection systems
    • Growth of the LED lighting market
      • Table Benefits of LED lighting
      • Table Global LED lighting market 2016-2021 ($ billions)
    • Combining 2D and 3D AOI systems
    • Growing number of hyperscale data centers
      • Table Global data center market 2016-2021 ($ billions)
  • Vendor landscape
    • Competitive scenario
      • Table Global SMT equipment market: Competitive parameters
      • Table Global SMT equipment market: Present and future scenarios
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • FUJI MACHINE
    • JUKI
    • Mycronic
    • Nordson
    • Panasonic
  • Appendix
    • List of abbreviations
  • Explore Technavio

Global Surface Mount Technology (SMT) Equipment Market 2017-2021

About Surface Mount Technology (SMT) Equipment

Surface mount technology (SMT) equipment is the equipment that is required to place components such as resistors and capacitors onto a printed circuit board (PCB). The components placed are known as surface mount devices. SMT equipment can be seen as a substitute for through-hole technology, which used to be a time-consuming process. Different types of SMT equipment include SMT placement equipment, SMT inspection equipment, SMT soldering equipment, and SMT cleaning equipment.

Technavio’s analysts forecast the global surface mount technology (SMT) equipment market to grow at a CAGR of 8.66% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global surface mount technology (SMT) equipment market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Surface Mount Technology (SMT) Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • FUJI MACHINE
  • JUKI
  • Mycronic
  • Nordson
  • Panasonic
Other prominent vendors
  • ASM Assembly Systems
  • ASML
  • CYBEROPTICS
  • Orbotech
  • Viscom
Market driver
  • Growth of the PCB market
  • For a full, detailed list, view our report
Market challenge
  • Intense competition leading to price wars
  • For a full, detailed list, view our report
Market trend
  • Shift toward sensor-based inspection systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Surface Mount Technology (SMT) Equipment Market 2017-2021

Technavio recognizes the following companies as the key players in the global surface mount technology (SMT) equipment market: FUJI MACHINE, JUKI, Mycronic, Nordson, and Panasonic.

Other Prominent Vendors in the market are: ASM Assembly Systems, ASML, CYBEROPTICS, Orbotech, Viscom.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is shift toward sensor-based inspection systems. One of the major trends as identified by Technavio is the transition from manual to sensor-based inspection systems. The use of manual inspection-based systems can result in several errors during the inspection phase of the solder paste application, solder joints, and placement of components.”

According to the report, one driver in the market is growth of the PCB market. The major driver for the global SMT equipment market is the steady growth of the PCB market. PCBs form the core of every electronic device since it provides an electrically conductive path for several components such as resistors, capacitors, transistors, ICs, and diodes. SMT placement equipment is required to place each of the components on the PCB without any overlaps or loose connections. It is necessary to take the growth of the global PCB market into account to validate the growth of the global SMT equipment market.

Further, the report states that one challenge in the market is intense competition leading to price wars. A major challenge for the global SMT equipment market is the intense competition that exists in the industry. The market is characterized by low product differentiation. Although there are several domestic and international players in the market, the top 5 vendors have a higher market share, which allows them to establish their dominance over the global SMT equipment market. These top vendors are FUJI MACHINE, JUKI, Mycronic, Nordson, and Panasonic. Since the competition level is high, it results in the reduction of the profit margins of all the vendors.

Companies Mentioned

FUJI MACHINE, JUKI, Mycronic, Nordson, and Panasonic, ASM Assembly Systems, ASML, CYBEROPTICS, Orbotech, Viscom.

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