SMT Placement Equipment Market Global Production, Growth, Share, Demand and Applications Forecast to 2030

Global SMT Placement Equipment Market: Introduction

Surface-mount Technology (SMT) is an automation technology used to manufacture electronic circuits by placing electronic components such as capacitor, resistor, inductor, fan, etc., onto a printed circuit board (PCB). The mounting of electronic components is done on a PCB through SMT placement equipment. They are also known as pick-and-place machines. In general, SMT placement equipment have high resolution verification cameras and linear encoders that help these machines to accurately place electronic components onto a PCB, prior to soldering. In general, the efficiency of a SMT placement machine is measured in components per hour (CPH). CPH is the rate at which electronic components are picked by a SMT placement equipment machine and placed on a PCB.

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Global SMT Placement Equipment Market: Competition Landscape

Panasonic Corporation

In 1918, Konosuke Matsushita formed a company Matsushita Electric Housewares Manufacturing Works that was later renamed Panasonic. Panasonic Corporation is headquartered in Osaka, Japan. The company operates in the following business segments: Appliances, Life Solutions, Connected Solutions, Automotive and Industrial Solutions. The company’s SMT placement equipment are part of its Industrial Solutions business division.

ASM Pacific Technology

ASM Pacific Technology was formed in 1975. In 1989, the company was listed in the Hong Kong Stock Exchange and is currently based in Singapore. The company’s business divisions are: SMT Solutions Business, Back-end Equipment Business and Material Business. In 2011, ASM Pacific Technology acquired Siplace. Again, in 2014, the company acquired ‘Dek’, a brand of industrial printers. The company sells SMT placement equipment products under the brand ‘Siplace’.

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Blakell Europlacer Group

Blakell Europlacer Group is a leading company based in the U.K. that manufactures SMT pick and pack equipment. The company sells SMT pick and pack equipment under the brand ‘Europlacer’. The company also sells screen printing machines under the brand ‘Speedprint’. The company sells SMT pick and place machines under the brands ‘atom’, ‘iineo+’, ‘xpii+’, ‘iico’, and ‘Izero3’.

Fuji Corporation

Fuji Corporation was formed in 1959. The company is presently based in Aichi, Japan. The company’s product segments are: SMT equipment, machine tools, compact robot, mobility support robot, atmospheric pressure plasma unit, public stocker system and manufacturing services. Its products include SMT placement equipment and machine tools. The company has operations across the world including Japan, the U.S., Germany, China, and Brazil.

Global SMT Placement Equipment Market: Dynamics

Rise in demand from end-use sectors fuel demand for SMT placement equipment

Modern consumer electronic products, such as smartphones, tablets, laptops, and LCD TVs, are manufactured through SMT technology. Computing and storage industries also use this technology. Rise in sale of consumer electronic products along with expansion of computing and storage industries are driving the demand for SMT placement equipment. Asia Pacific is estimated to be a prominent market for SMT placement equipment due to the major consumer electronics industry in the region.

Technology innovation drives the demand for SMT placement equipment

Consumers across the globe demand SMT placement equipment owing to low cost-to-ownership and high return on investment. Development of high-accuracy encoder systems has prompted manufacturers to launch more efficient SMT placement equipment. All these factors are driving the demand for SMT placement equipment across the globe.

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Global SMT Placement Equipment Market: Segmentation

The global SMT placement equipment market can be segmented based on:

Product Type
End-use
Region

Global SMT Placement Equipment Market, by Product Type

Placing Machines
Screen Printers

Global SMT Placement Equipment Market, by End-use

Consumer Electronics
Computing and Storage
Automotive
Telecom

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America
Asia Pacific
Europe
Latin America
The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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