Global Surface Mounted Device (SMD) Market Growth 2025-2031
Description
The global Surface Mounted Device (SMD) market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Surface Mounted Device (SMD) refers to a type of electronic component mounted directly onto the surface of a printed circuit board (PCB) using Surface Mount Technology (SMT). Unlike traditional through-hole components that require leads inserted into holes on the PCB, SMDs are soldered directly onto the surface pads of the PCB, enabling a more compact, lightweight, and efficient assembly process. SMDs include a variety of components such as resistors, capacitors, diodes, transistors, and integrated circuit chips, and are widely used in consumer electronics, telecommunications, automotive electronics, and industrial control. Due to their small size, stable performance, and compatibility with automated manufacturing, SMDs significantly enhance the integration density and production efficiency of electronic products, forming a fundamental basis of modern electronics manufacturing. With continuous technological advancements, SMD packaging has evolved from simple chip resistors to complex packages like Ball Grid Array (BGA), catering to diverse application demands for performance and size. Furthermore, the development of SMDs has driven the trend of miniaturization and high performance in electronic devices, serving as a key factor in the upgrading of the electronics industry.
Market Development Opportunities & Main Driving FactorsThe market for Surface Mounted Devices (SMD) is driven by continuous innovation and the growing trend toward intelligent electronic products. Rapid advancements in emerging fields such as 5G communications, the Internet of Things (IoT), automotive electronics, and wearable devices significantly increase the demand for high-performance, miniaturized electronic components, boosting the widespread adoption of SMD technology. Additionally, the proliferation of automated production and smart manufacturing enhances the efficiency and yield of SMT processes, further accelerating SMD market growth. Expansion in sectors like new energy and medical electronics also creates new market opportunities and growth potential for surface mounted devices.
Market Challenges, Risks, & RestraintsDespite the promising market potential, the SMD industry faces several challenges and risks. The fast pace of technological updates requires continuous R&D investment to maintain competitiveness, resulting in high financial and technical barriers. Moreover, fluctuations in raw material prices and unstable supply chains may increase production costs, squeezing profit margins. Additionally, uncertainties in the global trade environment and geopolitical risks may impact supply chains and market strategies, restricting cross-border expansion for companies.
Downstream Demand TrendsOn the downstream side, demand for SMDs in consumer electronics continues to grow, particularly in smartphones, laptops, and smart home devices. The automotive electronics sector increasingly requires SMDs with high reliability and heat resistance, driving the development of customized and high-performance products. Industrial automation and medical electronics also exhibit rising demand for high-precision, multifunctional SMDs, prompting suppliers to continuously optimize product portfolios and innovate technologically to meet diverse market needs.
LP Information, Inc. (LPI) ' newest research report, the “Surface Mounted Device (SMD) Industry Forecast” looks at past sales and reviews total world Surface Mounted Device (SMD) sales in 2024, providing a comprehensive analysis by region and market sector of projected Surface Mounted Device (SMD) sales for 2025 through 2031. With Surface Mounted Device (SMD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Surface Mounted Device (SMD) industry.
This Insight Report provides a comprehensive analysis of the global Surface Mounted Device (SMD) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Surface Mounted Device (SMD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Surface Mounted Device (SMD) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Surface Mounted Device (SMD) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Surface Mounted Device (SMD).
This report presents a comprehensive overview, market shares, and growth opportunities of Surface Mounted Device (SMD) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Type I
Type II
Type III
Segmentation by Application:
Printed Circuit Boards (PCBs)
Semiconductors
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BOE
Murata
TDK
Taiyo Yuden
Kyocera
Panasonic
Samsung Electro-Mechanics
AVX
Vishay
Nisshinbo Holdings
Maxim Integrated
STMicroelectronics
ROYAL OHM
Borison Automation Limited
ULIKE
Littelfuse
Fujikura
Mini Circuits
Key Questions Addressed in this Report
What is the 10-year outlook for the global Surface Mounted Device (SMD) market?
What factors are driving Surface Mounted Device (SMD) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Surface Mounted Device (SMD) market opportunities vary by end market size?
How does Surface Mounted Device (SMD) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Surface Mounted Device (SMD) refers to a type of electronic component mounted directly onto the surface of a printed circuit board (PCB) using Surface Mount Technology (SMT). Unlike traditional through-hole components that require leads inserted into holes on the PCB, SMDs are soldered directly onto the surface pads of the PCB, enabling a more compact, lightweight, and efficient assembly process. SMDs include a variety of components such as resistors, capacitors, diodes, transistors, and integrated circuit chips, and are widely used in consumer electronics, telecommunications, automotive electronics, and industrial control. Due to their small size, stable performance, and compatibility with automated manufacturing, SMDs significantly enhance the integration density and production efficiency of electronic products, forming a fundamental basis of modern electronics manufacturing. With continuous technological advancements, SMD packaging has evolved from simple chip resistors to complex packages like Ball Grid Array (BGA), catering to diverse application demands for performance and size. Furthermore, the development of SMDs has driven the trend of miniaturization and high performance in electronic devices, serving as a key factor in the upgrading of the electronics industry.
Market Development Opportunities & Main Driving FactorsThe market for Surface Mounted Devices (SMD) is driven by continuous innovation and the growing trend toward intelligent electronic products. Rapid advancements in emerging fields such as 5G communications, the Internet of Things (IoT), automotive electronics, and wearable devices significantly increase the demand for high-performance, miniaturized electronic components, boosting the widespread adoption of SMD technology. Additionally, the proliferation of automated production and smart manufacturing enhances the efficiency and yield of SMT processes, further accelerating SMD market growth. Expansion in sectors like new energy and medical electronics also creates new market opportunities and growth potential for surface mounted devices.
Market Challenges, Risks, & RestraintsDespite the promising market potential, the SMD industry faces several challenges and risks. The fast pace of technological updates requires continuous R&D investment to maintain competitiveness, resulting in high financial and technical barriers. Moreover, fluctuations in raw material prices and unstable supply chains may increase production costs, squeezing profit margins. Additionally, uncertainties in the global trade environment and geopolitical risks may impact supply chains and market strategies, restricting cross-border expansion for companies.
Downstream Demand TrendsOn the downstream side, demand for SMDs in consumer electronics continues to grow, particularly in smartphones, laptops, and smart home devices. The automotive electronics sector increasingly requires SMDs with high reliability and heat resistance, driving the development of customized and high-performance products. Industrial automation and medical electronics also exhibit rising demand for high-precision, multifunctional SMDs, prompting suppliers to continuously optimize product portfolios and innovate technologically to meet diverse market needs.
LP Information, Inc. (LPI) ' newest research report, the “Surface Mounted Device (SMD) Industry Forecast” looks at past sales and reviews total world Surface Mounted Device (SMD) sales in 2024, providing a comprehensive analysis by region and market sector of projected Surface Mounted Device (SMD) sales for 2025 through 2031. With Surface Mounted Device (SMD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Surface Mounted Device (SMD) industry.
This Insight Report provides a comprehensive analysis of the global Surface Mounted Device (SMD) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Surface Mounted Device (SMD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Surface Mounted Device (SMD) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Surface Mounted Device (SMD) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Surface Mounted Device (SMD).
This report presents a comprehensive overview, market shares, and growth opportunities of Surface Mounted Device (SMD) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Type I
Type II
Type III
Segmentation by Application:
Printed Circuit Boards (PCBs)
Semiconductors
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BOE
Murata
TDK
Taiyo Yuden
Kyocera
Panasonic
Samsung Electro-Mechanics
AVX
Vishay
Nisshinbo Holdings
Maxim Integrated
STMicroelectronics
ROYAL OHM
Borison Automation Limited
ULIKE
Littelfuse
Fujikura
Mini Circuits
Key Questions Addressed in this Report
What is the 10-year outlook for the global Surface Mounted Device (SMD) market?
What factors are driving Surface Mounted Device (SMD) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Surface Mounted Device (SMD) market opportunities vary by end market size?
How does Surface Mounted Device (SMD) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
133 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Surface Mounted Device (SMD) by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Surface Mounted Device (SMD) by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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