PUBLISHER: QYResearch | PRODUCT CODE: 1859904
PUBLISHER: QYResearch | PRODUCT CODE: 1859904
The global market for SMT Placement Equipment was estimated to be worth US$ 3840 million in 2024 and is forecast to a readjusted size of US$ 5313 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on SMT Placement Equipment cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
SMT Placement Equipment, also called pick-and-place machines, is automated equipment used to place electronic components onto printed circuit boards (PCBs) with high precision and speed. These machines are central to modern electronics manufacturing, enabling miniaturization, high-density assembly, and large-scale production. They are widely applied in consumer electronics, telecommunications, automotive, industrial electronics, and medical devices, serving as a critical link in the electronics manufacturing services (EMS) and original design manufacturing (ODM) industries.
2024, global sales reached approximately 44 k units, with an average global market price of around K US$ 86 per unit.
The SMT placement equipment market will continue its growth trajectory, supported by megatrends in digitalization, electrification, and connectivity. Asia-Pacific will remain the production hub, while North America and Europe focus on high-value, high-reliability electronics for aerospace, medical, and automotive sectors. As product lifecycles shorten, demand for flexible and high-speed equipment will intensify. Integration of AI, big data, and automation will further optimize SMT assembly lines, enhancing efficiency and yield. Despite high initial capital costs, long-term benefits in scalability and productivity ensure sustained adoption. Overall, SMT placement equipment is poised to remain indispensable in the global electronics manufacturing ecosystem.
Market Trend
The SMT placement equipment market is growing steadily due to the rising demand for miniaturized, multifunctional electronic devices. The expansion of 5G, IoT, and automotive electronics is pushing manufacturers to invest in advanced SMT lines with higher speed, precision, and flexibility. Industry 4.0 and smart factories are influencing the adoption of intelligent placement systems with AI-driven optimization, real-time monitoring, and predictive maintenance features. Regional demand is strong in Asia-Pacific, particularly China, Taiwan, and South Korea, as they dominate electronics production. Additionally, increasing electronics adoption in aerospace, healthcare, and renewable energy sectors further supports the global market expansion.
Market Drive
Key drivers include the surge in demand for consumer electronics, smartphones, and wearable devices requiring compact, high-density PCBs. The rapid evolution of automotive electronics, including EVs and ADAS systems, is fueling investment in precision SMT lines. Growth in semiconductor packaging and miniaturization also necessitates advanced placement solutions. Manufacturers seek to reduce labor costs and improve production efficiency, driving automation adoption. Rising requirements for flexible production lines that can handle small batch sizes and mixed components further push innovation. The integration of machine vision, robotics, and AI enhances accuracy and throughput, solidifying SMT placement equipment as an industry backbone.
Upstream & Downstream
Upstream, the SMT placement equipment supply chain depends on raw materials and components such as steel frames, linear motors, servo drives, machine vision cameras, nozzles, feeders, and software systems. Core suppliers include companies specializing in robotics, optics, and precision motion control. Major equipment manufacturers include ASMPT, JUKI, Panasonic, Yamaha Robotics, Fuji Corporation, Hanwha, and Mycronic. Downstream, the equipment is widely used by electronics manufacturing services (EMS) providers such as Foxconn, Flex, Pegatron, Jabil, and BYD Electronics. Applications span consumer electronics, telecommunications, automotive electronics, medical devices, aerospace, and industrial automation, where high-volume and high-reliability PCB assembly is critical.
This report aims to provide a comprehensive presentation of the global market for SMT Placement Equipment, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of SMT Placement Equipment by region & country, by Type, and by Application.
The SMT Placement Equipment market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SMT Placement Equipment.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of SMT Placement Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of SMT Placement Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of SMT Placement Equipment in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.