Global SMT Placement Equipment Market Growth 2023-2029

Global SMT Placement Equipment Market Growth 2023-2029

SMT (surface mount technology) component placement systems, commonly called pick-and-place machines or P&Ps, are robotic machines which are used to place surface-mount devices (SMDs) onto a printed circuit board (PCB). They are used for high speed, high precision placing of broad range of electronic components, like capacitors, resistors, integrated circuits onto the PCBs which are in turn used in computers, telecommunications equipment, consumer electronic goods, industrial equipment, medical instruments, automotive systems, military systems and aerospace engineering.

LPI (LP Information)' newest research report, the “SMT Placement Equipment Industry Forecast” looks at past sales and reviews total world SMT Placement Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected SMT Placement Equipment sales for 2023 through 2029. With SMT Placement Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SMT Placement Equipment industry.

This Insight Report provides a comprehensive analysis of the global SMT Placement Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SMT Placement Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global SMT Placement Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SMT Placement Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SMT Placement Equipment.

The global SMT Placement Equipment market size is projected to grow from US$ 3846.3 million in 2022 to US$ 6032 million in 2029; it is expected to grow at a CAGR of 6032 from 2023 to 2029.

The industry's leading producers are ASM Pacific Technology (ASMPT), Fuji and Panasonic, which accounted for 18.58%, 17.27% and 14.25% of revenue in 2019, respectively.

This report presents a comprehensive overview, market shares, and growth opportunities of SMT Placement Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

High-Speed

Medium-Speed

Others

Segmentation by application

Consumer Electronics

Medical

Automotive

Telecommunications Equipment

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

ASM Pacific Technology(ASMPT)

Fuji

Hanwha Precision Machinery

Yamaha Motor

JUKI

Panasonic

Assembleon(K&S)

Mycronic

Universal Instruments

Europlacer

Mirae

Autotronik

DDM Novastar

Beijing Torch

Key Questions Addressed in this Report

What is the 10-year outlook for the global SMT Placement Equipment market?

What factors are driving SMT Placement Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do SMT Placement Equipment market opportunities vary by end market size?

How does SMT Placement Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.