Global SMT Programming Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global SMT Programming Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

SMT Programming Software is an essential tool for intelligent and fast programming. Convert CAD/Gerber/BOM data, intelligently modify part angle/polarity/offset, generate batch program/recipe/feeder list/assembly drawing document and convert existing program/recipe to another batch platform. This software minimizes human error, shortens programming and finetuning cycles, increases machine utilization and reduces labor costs.

Market Overview:

The latest research study on the global SMT Programming Software market finds that the global SMT Programming Software market reached a value of USD 172.21 million in 2022. It’s expected that the market will achieve USD 328.99 million by 2028, exhibiting a CAGR of 11.39% during the forecast period.

Impact of COVID-19 on Supply Chain

The global economic downturn caused by the COVID-19 epidemic caused the market demand for all kinds of products to show a year-on-year downward trend. The electronics industry is facing greater competition, and the most concerned is the shortage of semiconductor supply. Several major wafer factories and packaging factories in the world have been affected by the COVID-19 epidemic and extreme natural disasters, and their production capacity had been unable to be achieved normally. From smart homes to industrial and automotive chips, there is a shortage.
series of influences are not only aimed at terminal manufacturers, but also the shrinking market demand, unknown delivery date of components, rising prices and so on, all of which have caused great harm to SMT manufacturers. The impact of coronavirus epidemic on SMT industry is shortterm, because many enterprises can't start work, so the impact on the use and sales of SMT Programming Software must be very great.
Besides, affected by the epidemic, SMT Programming Software Industry has limited development efficiency, which has a negative impact on software sales and software upgrade. In the information service industry such as software, the epidemic caused the on-site commissioning and private network delivery to fail to start as scheduled, resulting in service outsourcing, system integration projects, offline training are seriously affected. At the same time, the epidemic has a negative impact on the information exchange and industry bidding of software and information services.

Post-COVID-19 SMT Programming Software Industry Opportunity

While the epidemic situation in COVID-19 has affected the economy, it is also forcing the transformation and upgrading of SMT manufacturing industry. It is an emerging digital technology such as artificial intelligence (AI), cloud computing, Internet of Things, and big data, which is affecting the transformation and development direction of manufacturing industry.
In the special period of epidemic situation, people give higher expectations to intelligent manufacturing, its equipment and products, and pay more attention to machines and automation. Many intelligent units, intelligent workshops and intelligent factories that can quickly resume production during the period of resumption of work and production continuously raise people's goals and expectations for intelligent manufacturing, give higher expectations to technological
innovation and research and development,and provide fast-growing market demand for enterprises at different stages to develop intelligent manufacturing faster and better.
Digital transformation is a big trend. It is the trend of the times and the process from quantity to quality to realize intelligence through informationization and digitalization. With the increasing maturity of information technology, cloud computing, big data, Internet of Things, 5G, artificial intelligence and other technologies continue to help the transformation and upgrading of traditional manufacturing, and traditional industries are further trying to realize the integration of
industrialization and informatization.
In recent years, many softwares have been used in the assembly and manufacture of electronic devices. Besides the correct hardware, good software is needed to prevent errors in the manufacturing process. More and more enterprises integrate SMT software with manufacturing execution system (MES), enterprise resource planning (ERP) system and other factory automation systems. Software integration is a rapidly growing field in SMT, and many independent software
companies provide cutting-edge software solutions for OEMs and EMS suppliers

Region Overview:

North America had the highest growth rate of all regions

Company Overview

Siemens Digital Industries Software, Juki, ViTrox, YAMAHA and ESSEMTEC AG are the five key players in the global SMT Programming Software market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global SMT Programming Software market in the past 5 years.

Segmentation Overview:

Among different product types, PCB Scanning segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the SMEs segment occupied the biggest share from 2017 to 2022.

Key Companies in the global SMT Programming Software market covered in Chapter 3:

DDM Novastar
ESSEMTEC AG
Vayo Technology
ASiemens Digital Industries Software
ViTrox
SOFtronix
Juki
Unisoft
JDS
ASTER Technologies
YAMAHA

In Chapter 4 and Chapter 14.2, on the basis of types, the SMT Programming Software market from 2018 to 2029 is primarily split into:

CAD
PCB Scanning
GERBER

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the SMT Programming Software market from 2018 to 2029 covers:

Large Enterprises
SMEs

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)