There are several ways to mount components to a PCB. In the past, through-hole methods have become widespread, but surface mount technology (SMT) offers significant advantages. In SMT, components are placed directly on the PCB surface to create a surface mount device (SMD).
The Surface Mount Technology Market is expected to register a CAGR of 7% over the forecast period from 2020 to 2027.
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Key Market Players:
Fuji Machine Manufacturing Co., Ltd. (Japan), Hitachi High-Technologies Corporation (Japan), Mycronic AB (Sweden), Nordson Corporation (U.S.), and Orbotech Ltd. (Israel)
Surface Mount Technology Market, By Equipment
- Inspection Equipment
- Placement Equipment
- Soldering Equipment
- Screen Printing Equipment
- Cleaning Equipment
- Rework and Repair Equipment
Surface Mount Market, By Devices
- Consumer Electronics
- Telecommunication
- Aerospace & Defense
- Automotive
- Medical
- Industrial
- Energy & Power Systems
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Scope of the Report
The research study analyzes the global Surface Mount Technology industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Surface Mount Technology Market Report
1. What was the Surface Mount Technology Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Surface Mount Technology Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Surface Mount Technology Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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