Albany, NY -- (SBWIRE) -- 08/03/2018 -- Surface mount technology (SMT) equipment is the equipment that is required to place components such as resistors and capacitors onto a printed circuit board (PCB). The components placed are known as surface mount devices. SMT equipment can be seen as a substitute for through-hole technology, which used to be a time-consuming process. Different types of SMT equipment include SMT placement equipment, SMT inspection equipment, SMT soldering equipment, and SMT cleaning equipment.

Covered in this report

The report covers the present scenario and the growth prospects of the global surface mount technology (SMT) equipment market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Surface Mount Technology (SMT) Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
FUJI MACHINE
JUKI
Mycronic
Nordson
Panasonic

Other prominent vendors
ASM Assembly Systems
ASML
CYBEROPTICS
Orbotech
Viscom

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Market driver
Growth of the PCB market
For a full, detailed list, view our report

Market challenge
Intense competition leading to price wars
For a full, detailed list, view our report

Market trend
Shift toward sensor-based inspection systems
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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