SMT Placement Equipment Market to Record a CAGR of 6.15%, Surge in Demand for PCBs to Drive Growth – Technavio

NEW YORK, Sept. 19, 2022 /PRNewswire/ — The latest report on the “SMT Placement Equipment Market by End-user and Geography – Forecast and Analysis 2022-2026″ has been added to Technavio’s offerings. The SMT placement equipment market size is estimated to grow by USD 650.96 million from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 6.15% during the forecast period.

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Market Driver and Trend

The surge in demand for PCBs is driving the growth of the market. With the rise in demand for PCBs, EMS providers are expected to make high investments in SMT equipment. This will provide vendors with a competitive advantage to minimize risk to the supply chain by controlling the cost, quality, and lead time of components. This, in turn, will fuel the market growth during the forecast period.

Technological advances in product offerings are a trend in the market. Advanced SMT placement equipment can maximize throughput and integrate with other SMT equipment seamlessly. Vendors are focusing on incorporating flexible and modular gantry systems and improved feeder systems. The demand for intelligent feeders is expected to rise, with the increasing manufacturing complexity and changeovers. These feeders can communicate with the placement equipment and reduce setup errors. Such advances are expected to contribute to the growth of the market during the forecast period.

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Company Profiles

The SMT placement equipment market report provides complete insights on key vendors, including Amistar Automation, ASMPT Ltd., Autotronik SMT GmbH, Beijing Torch Co. Ltd., Blakell Europlacer Ltd., DDM Novastar Inc., FRITSCH GmBH, FUJI Corp., Hanwha Corp., Juki Corp., Kulicke and Soffa Industries Inc, Mirae Corp., Mycronic AB, Nordson Corp., SMTnet, Universal Instruments Corp., SumiLax SMT Technologies Pvt Ltd, Versatec LLC, Panasonic Holdings Corp., and Yamaha Motor Co. Ltd.

Competitive Analysis

The report includes competitive analysis, which is a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses several factors for categorizing the players. Some of these factors considered for analysis are growth strategies, financial performance over the last three years, innovation score, new product launches, investments, and growth in market share.

Market Segmentation
  • By geography, the market is classified into APAC, Europe, North America, the Middle East and Africa, and South America. APAC will have the largest share of the market. The growth of this region is attributed to factors such as governments’ focus on technological advances with regard to information and communication technology (ICT) and digital connectivity. However, market growth in this region will be slower than the growth of the market in other regions. China and Japan are the key countries for the SMT placement equipment market in APAC.
  • By end-user, the market is classified into consumer electronics, automotive, telecom, and others. The consumer electronics segment contributes the largest share of the market. A large number of end-users in the consumer electronics industry are expected to adopt SMT placement equipment, with the rise in the use of substrate-like PCBs.

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SMT Placement Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 6.15%

Market growth 2022-2026

USD 650.96 million

Market structure

Fragmented

YoY growth (%)

6.95

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 49%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amistar Automation, ASMPT Ltd., Autotronik SMT GmbH, Beijing Torch Co. Ltd., Blakell Europlacer Ltd., DDM Novastar Inc., FRITSCH GmBH, FUJI Corp., Hanwha Corp., Juki Corp., Kulicke and Soffa Industries Inc, Mirae Corp., Mycronic AB, Nordson Corp., Panasonic Holdings Corp., SMTnet, SumiLax SMT Technologies Pvt Ltd, Universal Instruments Corp., Versatec LLC, and Yamaha Motor Co. Ltd.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments 
    • Exhibit 24: Chart on End-user – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)
  • 5.2 Comparison by End-user 
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Consumer electronics – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Consumer electronics – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Consumer electronics – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Consumer electronics – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Consumer electronics – Year-over-year growth 2021-2026 (%)
  • 5.4 Automotive – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Automotive – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Automotive – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Automotive – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Automotive – Year-over-year growth 2021-2026 (%)
  • 5.5 Telecom – Market size and forecast 2021-2026
    • Exhibit 36: Chart on Telecom – Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Telecom – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Telecom – Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Telecom – Year-over-year growth 2021-2026 (%)
  • 5.6 Others – Market size and forecast 2021-2026
    • Exhibit 40: Chart on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Others – Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Others – Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Others – Year-over-year growth 2021-2026 (%)
  • 5.7 Market opportunity by End-user 
    • Exhibit 44: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 48: Chart on Geographic comparison
    • Exhibit 49: Data Table on Geographic comparison
  • 7.3 APAC – Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 54: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 North America – Market size and forecast 2021-2026
    • Exhibit 58: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.7 South America – Market size and forecast 2021-2026
    • Exhibit 66: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.8 China – Market size and forecast 2021-2026
    • Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.9 US – Market size and forecast 2021-2026 
    • Exhibit 74: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.10 Germany – Market size and forecast 2021-2026
    • Exhibit 78: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.11 Japan – Market size and forecast 2021-2026
    • Exhibit 82: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.12 UK – Market size and forecast 2021-2026
    • Exhibit 86: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 93: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 95: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 96: Matrix on vendor position and classification
  • 10.3 ASMPT Ltd. 
    • Exhibit 97: ASMPT Ltd. – Overview
    • Exhibit 98: ASMPT Ltd. – Business segments
    • Exhibit 99: ASMPT Ltd. – Key offerings
    • Exhibit 100: ASMPT Ltd. – Segment focus
  • 10.4 Beijing Torch Co. Ltd. 
    • Exhibit 101: Beijing Torch Co. Ltd. – Overview
    • Exhibit 102: Beijing Torch Co. Ltd. – Product / Service
    • Exhibit 103: Beijing Torch Co. Ltd. – Key offerings
  • 10.5 Blakell Europlacer Ltd. 
    • Exhibit 104: Blakell Europlacer Ltd. – Overview
    • Exhibit 105: Blakell Europlacer Ltd. – Product / Service
    • Exhibit 106: Blakell Europlacer Ltd. – Key offerings
  • 10.6 FRITSCH GmBH 
    • Exhibit 107: FRITSCH GmBH – Overview
    • Exhibit 108: FRITSCH GmBH – Product / Service
    • Exhibit 109: FRITSCH GmBH – Key offerings
  • 10.7 FUJI Corp. 
    • Exhibit 110: FUJI Corp. – Overview
    • Exhibit 111: FUJI Corp. – Business segments
    • Exhibit 112: FUJI Corp. – Key offerings
    • Exhibit 113: FUJI Corp. – Segment focus
  • 10.8 Hanwha Corp. 
    • Exhibit 114: Hanwha Corp. – Overview
    • Exhibit 115: Hanwha Corp. – Product / Service
    • Exhibit 116: Hanwha Corp. – Key news
    • Exhibit 117: Hanwha Corp. – Key offerings
  • 10.9 Juki Corp. 
    • Exhibit 118: Juki Corp. – Overview
    • Exhibit 119: Juki Corp. – Business segments
    • Exhibit 120: Juki Corp. – Key news
    • Exhibit 121: Juki Corp. – Key offerings
    • Exhibit 122: Juki Corp. – Segment focus
  • 10.10 Kulicke and Soffa Industries Inc 
    • Exhibit 123: Kulicke and Soffa Industries Inc – Overview
    • Exhibit 124: Kulicke and Soffa Industries Inc – Business segments
    • Exhibit 125: Kulicke and Soffa Industries Inc – Key offerings
    • Exhibit 126: Kulicke and Soffa Industries Inc – Segment focus
  • 10.11 Mycronic AB 
    • Exhibit 127: Mycronic AB – Overview
    • Exhibit 128: Mycronic AB – Business segments
    • Exhibit 129: Mycronic AB – Key offerings
    • Exhibit 130: Mycronic AB – Segment focus
  • 10.12 Panasonic Holdings Corp. 
    • Exhibit 131: Panasonic Holdings Corp. – Overview
    • Exhibit 132: Panasonic Holdings Corp. – Business segments
    • Exhibit 133: Panasonic Holdings Corp. – Key news
    • Exhibit 134: Panasonic Holdings Corp. – Key offerings
    • Exhibit 135: Panasonic Holdings Corp. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 136: Inclusions checklist
    • Exhibit 137: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 138: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 139: Research methodology
    • Exhibit 140: Validation techniques employed for market sizing
    • Exhibit 141: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 142: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: [email protected]
Website: www.technavio.com/

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