The prominent players in the product life cycle management market are- CyberOptics Corporation (U.S.), Fuji Machine Manufacturing Co., Ltd.(Japan), Mycronic AB (Sweden), Assembly Systems (Germany), Nordson Corporation (U.S.), Hitachi High-Technologies Corporation (Japan), and Orbotech Ltd. (Israel) among others.
Request a Sample Report https://www.marketresearchfuture.com/sample_request/2248
Surface mount technology is a technique of producing electronic circuits by mounting the components onto the printed circuit board (PCB) without drilling any hole on the PCB. The components have small metal tabs that are soldered to the printed circuit board (PCB).Surface mount technology is related to global electronics industry.
Benefits of Surface Mount Technology can be given as the Surface Mount Technology components are smaller in size; they have higher component density and can be placed on both sides of the printed circuit board. Surface Mount Technology components consist of passive surface mount devices, transistor & diodes and integrated circuits. These components have lower initial costs. But Surface Mount Technology also has a few drawbacks as, repair is more difficult and the components cannot be directly used on a breadboard.
The ever increasing demand for smart gadgets is being worldwide which results in demand of many electronic components which require surface mount technology for the printed circuit boards. Therefore the Surface Mount Technology equipment market is driven by the need for miniaturization of products and higher accuracy. In this era of automation, it has been observed that automotive sector has also created a huge demand for Surface Mount Technology for the manufacturing of high-tech vehicles.
The global industrial automation market is expected to grow at USD ~4 Billion by 2022, at ~8% of CAGR between 2016 and 2022.
Surface Mount Technology Equipment Market Segmentation
The Surface Mount Technology Equipment Market has been segmented on the basis of equipment and end user industries. Looking through the industry segments it’s been observed that consumer electronics and telecommunication industry would expect a substantial increase in Surface Mount Technology Equipment sector. These industries are showing a positive growth towards Surface Mount Technology Equipment. The automotive sector has also shown a positive growth in Surface Mount Technology Equipment market due to increasing demand of technologically developed vehicles.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/surface-mount-technology-equipment-market-2248
The regional analysis of Surface Mount Technology is being studied for region such as Asia pacific, North America, Europe and Rest of the World. It has been observed that Asia-Pacific region is dominated in Surface Mount Technology market followed by Latin America.
Asia – Pacific countries like China, India and Japan are ahead in the Surface Mount Technology market due to the higher availability of skilled labor and increasing penetration of high tech devices which require miniaturization. Countries like India and China with high population results in increasing consumer electronics demand which gives a booster to the use of Surface Mount Technology market.
Original equipment manufacturers (OEMs)
Smart grid integrators
Surface mount component device distributors and providers
Table of Contents:
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH NETWORK SOLUTION
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
3.5 MARKET RESTRAINTS
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
+1 646 845 9312
In-Vehicle Video Surveillance Market Growth Prediction, Industry Trends, Upcoming Trends, Opportunity Assessment, Worldwide Growth, Market Players, Industry analysis, by Vertical, Forecast to 2023
By market research future