Global SMT Placement Equipment Market 2021-2025

Global SMT placement equipment Market 2021-2025
Researcher has been monitoring the SMT placement equipment market and it is poised to grow by $ 627.46 mn during 2021-2025, progressing at a CAGR of about 6% during the forecast period. Our report on SMT placement equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the surge in demand for PCBs and miniaturization of components. In addition, the surge in demand for PCBs is anticipated to boost the growth of the market as well.
The SMT placement equipment market analysis includes end-user segment and geographical landscapes.
Researcher's SMT placement equipment market is segmented as below:
By End-user
• Consumer electronics
• Automotive
• Telecom
• Others
By Geographical Landscape
• APAC
• Europe
• North America
• MEA
• South America
This study identifies the shift toward flexible and responsive manufacturing methods as one of the prime reasons driving the SMT placement equipment market growth during the next few years.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on SMT placement equipment market covers the following areas:
• SMT placement equipment market sizing
• SMT placement equipment market forecast
• SMT placement equipment market industry analysis
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading SMT placement equipment market vendors that include 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. Also, the SMT placement equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.