PUBLISHER: QYResearch | PRODUCT CODE: 1866769
PUBLISHER: QYResearch | PRODUCT CODE: 1866769
The global market for SMT SPI Inspection Equipment was estimated to be worth US$ 323 million in 2024 and is forecast to a readjusted size of US$ 558 million by 2031 with a CAGR of 8.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on SMT SPI Inspection Equipment cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
SMT SPI (Solder Paste Inspection) equipment inspects the solder paste deposited on PCBs during the stencil printing stage. It uses 3D imaging (laser or structured light) to measure the volume, height, and area of solder paste deposits.
In 2024, global sales of SMT SPI testing equipment reached 7,220 units, with an average price of US$44,000 per unit.
According to statistics, in the SMT production process, up to 60%-70% of product defective rates are caused by improper solder paste printing. Therefore, solder paste inspection equipment plays a vital role in ensuring the quality of SMT production. The use of solder paste testing helps to detect the solder paste after PCB printing, so as to timely discover the defective phenomenon of solder paste before SMT and reflow oven soldering, reduce the loss caused by waste products through the lowest rework cost, and save production costs.
In the high-end SMT SPI Inspection Equipment market, the global market is dominated by few players like Koh Young, Test Research, Inc (TRI), CKD Corporation and Nordson Corporation; In the low-end and medium-end market, it is highly competitive due to lots of players enter in this fields in around 2010, especially the players from South Korea and China.
With the vast development of the machine vision market, the industry's R&D investment has gradually increased, related technologies have developed rapidly, and products have been constantly upgraded. In order to adapt to the industry trend of machine vision, if companies in the industry do not focus on improving their own technical R&D capabilities, there is a risk that their product technology will lose its competitive advantage.
The In-Line 3D SMT SPI inspection equipment are dominating the market, with a share over 87 percent in 2024. In future, the Off-line SPI will exit from this market due to slumping demand.
Market Trends
Notable trends in the SMT SPI equipment market include: Shift from 2D to 3D SPI Systems: 3D systems offer more accurate volume and height measurement, improving defect detection rates. AI-Powered Inspection and Data Analytics: Enhances accuracy, reduces false positives, and supports predictive maintenance. Closed-Loop Feedback to Screen Printers: Real-time correction of misaligned or inconsistent paste printing. Integration with AOI/AXI and MES Systems: Enables complete line monitoring, traceability, and quality control. Regional Expansion in Asia-Pacific: Particularly in China, South Korea, and Southeast Asia where electronics manufacturing is booming.
This report aims to provide a comprehensive presentation of the global market for SMT SPI Inspection Equipment, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of SMT SPI Inspection Equipment by region & country, by Type, and by Application.
The SMT SPI Inspection 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 SPI Inspection 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 SPI Inspection 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 SPI Inspection 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 SPI Inspection 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.