Global Surface Mount Technology Market Size study & Forecast, by Component, by End-User Industry and Regional Analysis, 2023-2030

Description

List of Tables

Global Surface Mount Technology Market is valued approximately USD 5.70 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.56% over the forecast period 2023-2030. The Surface Mount Technology (SMT) market is a segment of the electronics manufacturing industry that involves the assembly of electronic components onto printed circuit boards (PCBs) using surface mount technology. SMT has gained widespread adoption due to its advantages over traditional through-hole assembly methods, including higher component density, improved performance, and cost-effectiveness. The major driving factors for the Global Surface Mount Technology Market are Increasing demand for smaller, lighter, and more compact electronic devices, increasing adoption of smart phones and rising demand for consumer electronics. Moreover, rising introduction of advanced packaging technologies and advancements in pick-and-place machines is creating lucrative growth opportunity for the market over the forecast period 2023-2030.

According to the GSM Association's projection that more than 4 out of 5 connections will be smartphones by 2025, there is a clear indication of the increasing prevalence of smartphones in the market. This trend is expected to have a positive impact on the adoption of Surface Mount Technology (SMT) in the consumer electronics sector. However, rapidly changing technology and the need for continuous investments in equipment and process upgrades of Surface Mount Technology stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Surface Mount Technology Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific has a dominant position in the SMT market, in 2022, driven by the presence of major electronics manufacturing hubs such as China, Taiwan, South Korea, and Japan. These countries have a strong ecosystem for electronic component manufacturing, contract electronics manufacturing services (EMS), and original equipment manufacturers (OEMs). The region benefits from cost advantages, skilled labor, and extensive production capabilities, making it a significant contributor to the SMT market. North America, is fastest growing market for SMT technology. The region is known for its advanced electronics industry, including the production of semiconductors, consumer electronics, automotive electronics, and aerospace components. The presence of major electronics manufacturers, EMS providers, and technological advancements drives the demand for SMT equipment and services in this region.

Major market player included in this report are:

ASM Assembly Systems (formerly Siemens Electronics Assembly Systems)
Panasonic Corporation
JUKI Corporation
Fuji Machine Manufacturing Co., Ltd.
Mycronic AB
Nordson Corporation
KLA Corporation
CyberOptics Corporation
ASM Pacific Technology Ltd.
Yamaha Motor Co., Ltd.

Recent Developments in the Market:

In May 2022, Summit Interconnect's announced the acquisition of Royal Circuit Solutions. It has expanded the company's presence in the global market and capabilities in the printed circuit board (PCB) industry. Summit has become one of the largest privately held PCB producers in North America. This acquisition is expected to have a positive impact on the demand for Surface Mount Technology (SMT) in the region.

Global Surface Mount Technology Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, End-User Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Component:

Passive Components
Active Components

By End-User Industry:

Consumer Electronics
Automotive
Industrial Electronics
Aerospace and Defense
Healthcare

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Surface Mount Technology Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Surface Mount Technology Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Surface Mount Technology Market, by End-User Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Surface Mount Technology Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Surface Mount Technology Market Dynamics

3.1. Surface Mount Technology Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for compact electronic devices
  - 3.1.1.2. Rising demand for consumer electronics
  - 3.1.1.3. Increase in adoption of smartphones
- 3.1.2. Market Challenges
  - 3.1.2.1. Rapidly changing technology
  - 3.1.2.2. Rising need for continuous investments in equipment and process upgrades
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising introduction of advanced packaging technologies
  - 3.1.3.2. Advancements in pick-and-place machines

Chapter 4. Global Surface Mount Technology Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Surface Mount Technology Market, by Component

5.1. Market Snapshot
5.2. Global Surface Mount Technology Market by Component, Performance - Potential Analysis
5.3. Global Surface Mount Technology Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Surface Mount Technology Market, Sub Segment Analysis
- 5.4.1. Passive Components
- 5.4.2. Active Components

Chapter 6. Global Surface Mount Technology Market, by End-User Industry

6.1. Market Snapshot
6.2. Global Surface Mount Technology Market by End-User Industry, Performance - Potential Analysis
6.3. Global Surface Mount Technology Market Estimates & Forecasts by End-User Industry 2020-2030 (USD Billion)
6.4. Surface Mount Technology Market, Sub Segment Analysis
- 6.4.1. Consumer Electronics
- 6.4.2. Automotive
- 6.4.3. Industrial Electronics
- 6.4.4. Aerospace and Defense
- 6.4.5. Healthcare

Chapter 7. Global Surface Mount Technology Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Surface Mount Technology Market, Regional Market Snapshot
7.4. North America Surface Mount Technology Market
- 7.4.1. U.S. Surface Mount Technology Market
  - 7.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End-User Industry breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Surface Mount Technology Market
7.5. Europe Surface Mount Technology Market Snapshot
- 7.5.1. U.K. Surface Mount Technology Market
- 7.5.2. Germany Surface Mount Technology Market
- 7.5.3. France Surface Mount Technology Market
- 7.5.4. Spain Surface Mount Technology Market
- 7.5.5. Italy Surface Mount Technology Market
- 7.5.6. Rest of Europe Surface Mount Technology Market
7.6. Asia-Pacific Surface Mount Technology Market Snapshot
- 7.6.1. China Surface Mount Technology Market
- 7.6.2. India Surface Mount Technology Market
- 7.6.3. Japan Surface Mount Technology Market
- 7.6.4. Australia Surface Mount Technology Market
- 7.6.5. South Korea Surface Mount Technology Market
- 7.6.6. Rest of Asia Pacific Surface Mount Technology Market
7.7. Latin America Surface Mount Technology Market Snapshot
- 7.7.1. Brazil Surface Mount Technology Market
- 7.7.2. Mexico Surface Mount Technology Market
7.8. Middle East & Africa Surface Mount Technology Market
- 7.8.1. Saudi Arabia Surface Mount Technology Market
- 7.8.2. South Africa Surface Mount Technology Market
- 7.8.3. Rest of Middle East & Africa Surface Mount Technology Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. ASM Assembly Systems (formerly Siemens Electronics Assembly Systems)
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Panasonic Corporation
- 8.3.3. JUKI Corporation
- 8.3.4. Fuji Machine Manufacturing Co., Ltd.
- 8.3.5. Mycronic AB
- 8.3.6. Nordson Corporation
- 8.3.7. KLA Corporation
- 8.3.8. CyberOptics Corporation
- 8.3.9. ASM Pacific Technology Ltd.
- 8.3.10. Yamaha Motor Co., Ltd.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Surface Mount Technology Market, report scope
TABLE 2. Global Surface Mount Technology Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Surface Mount Technology Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Surface Mount Technology Market estimates & forecasts by End-User Industry 2020-2030 (USD Billion)
TABLE 5. Global Surface Mount Technology Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Surface Mount Technology Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Surface Mount Technology Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Surface Mount Technology Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Surface Mount Technology Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Surface Mount Technology Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Surface Mount Technology Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Surface Mount Technology Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Surface Mount Technology Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Surface Mount Technology Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Surface Mount Technology Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Surface Mount Technology Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Surface Mount Technology Market
TABLE 70. List of primary sources, used in the study of global Surface Mount Technology Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Surface Mount Technology Market, research methodology
FIG 2. Global Surface Mount Technology Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Surface Mount Technology Market, key trends 2022
FIG 5. Global Surface Mount Technology Market, growth prospects 2023-2030
FIG 6. Global Surface Mount Technology Market, porters 5 force model
FIG 7. Global Surface Mount Technology Market, pest analysis
FIG 8. Global Surface Mount Technology Market, value chain analysis
FIG 9. Global Surface Mount Technology Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Surface Mount Technology Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Surface Mount Technology Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Surface Mount Technology Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Surface Mount Technology Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Surface Mount Technology Market, regional snapshot 2020 & 2030
FIG 15. North America Surface Mount Technology Market 2020 & 2030 (USD Billion)
FIG 16. Europe Surface Mount Technology Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Surface Mount Technology Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Surface Mount Technology Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Surface Mount Technology Market 2020 & 2030 (USD Billion)