Authored By: Sarah
26 Nov 2021

SMT Placement Equipment: Top Drivers that will Enable COVID-19 Recovery

Market Insights to Drive Recovery from COVID-19

The Global SMT Placement Equipment Market is projected to grow by $ 627.46 mn, accelerating at a CAGR of about 6% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.


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SMT Placement Equipment Market: Key Market Drivers

^A detailed study of market drivers enables market players to leverage these factors to drive growth. Technavio’s research reports provide a comprehensive analysis of all the other factors that will drive market growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. One of the key drivers that will boost this market is Surge in demand for PCBs. For more insights on the impact of this and all the other drivers, request for our FREE sample report:

Top Drivers for SMT Placement Equipment Market Size to Grow by $ 627.46 mn During 2021-2025

SMT Placement Equipment Market: Segments and Geographical Regions

This report provides a detailed analysis of the market by End-user (Consumer electronics, Automotive, Telecom, and Others) and Geography (APAC, Europe, North America, MEA, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report 

SMT Placement Equipment Market: Vendor Landscape

The SMT Placement Equipment Market is concentrated and market growth of the depends on market conditions, government support, and industry development. Our report offers a detailed study of all the factors that can influence growth. ASM Pacific Technology Ltd., Beijing Torch, Blakell Europlacer Ltd., FRITSCH GmBH, FUJI Corp., Hanwha Group, JUKI Automation Systems GmbH, Kulicke and Soffa Industries Inc., Mycronic AB, and Panasonic Corp. are some of the major market participants. The report also provides insights into the growth prospects of each of these leading players along with their product pipelines.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of about 6%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 627.46 mn through 2021-2025.
     
  3. What is a key factor driving this market?
    Surge in demand for PCBs will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    48% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are ASM Pacific Technology Ltd., Beijing Torch, Blakell Europlacer Ltd., FRITSCH GmBH, FUJI Corp., Hanwha Group, JUKI Automation Systems GmbH, Kulicke and Soffa Industries Inc., Mycronic AB, and Panasonic Corp.
     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (Consumer electronics, Automotive, Telecom, and Others) and Geography (APAC, Europe, North America, MEA, and South America)

SMT Placement Equipment Market Size to Grow by $ 627.46 mn through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the SMT placement equipment market and it is expected to grow by $ 627.46 mn, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


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SMT Placement Equipment Market: Emerging Trends to Impact Market Growth

Growing shift toward flexible and responsive manufacturing methods to emerge as a key trend in the industrial SMT placement equipment market. Economies including China, Japan, South Korea, and India  will facilitate the SMT placement equipment market growth in APAC over the forecast period. consumer eletronics segment is expected to gain traction due to improvement in technologies involved in the manufacturing of consumer electronics, light-emitting diode (LED) and compact fluorescent lamp (CFL) lighting, and liquid crystal display (LCD)/LED monitors and televisions.

This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Top Drivers for SMT Placement Equipment Market Size to Grow by $ 627.46 mn During 2021-2025

SMT Placement Equipment Market: Vendor Analysis

The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ASM Pacific Technology Ltd., Beijing Torch, Blakell Europlacer Ltd., FRITSCH GmBH, FUJI Corp., Hanwha Group, JUKI Automation Systems GmbH, Kulicke and Soffa Industries Inc., Mycronic AB, and Panasonic Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

Technavio has been monitoring the global SMT placement equipment market and is expected to grow by $ 627.46 million, accelerating at a CAGR of about 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. 

Are you looking for more insights on this market? View Free Sample Report

SMT Placement Equipment Market: Segmentation by End-user

The consumer eletronics segment is expected to gain traction due to improvement in technologies involved in the manufacturing of consumer electronics, light-emitting diode (LED) and compact fluorescent lamp (CFL) lighting, and liquid crystal display (LCD)/LED monitors and televisions. There is an increasing preference for efficient and lightweight electronic devices, and vendors are expected to invest increasingly in SMT placement equipment for efficiency in assembly applications. The growth of the market segment is expected to be significant during the forecast period.

Top Drivers for SMT Placement Equipment Market Size to Grow by $ 627.46 mn During 2021-2025

SMT Placement Equipment Market: Segmentation by Geography

48% of the market growth will originate from APAC during the forecast period. China and Japan are the key markets for SMT placement equipment in APAC. Market growth in this region will be faster than the growth of the market in other regions. Economies including China, Japan, South Korea, and India  will facilitate the SMT placement equipment market growth in APAC over the forecast period.

SMT Placement Equipment Market: Vendor Analysis

The market is concentrated. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ASM Pacific Technology Ltd., Beijing Torch and Blakell Europlacer Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Top Drivers for SMT Placement Equipment Market Size to Grow by $ 627.46 mn During 2021-2025

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report 

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