The Asia Pacific Surface Mount Technology Market would witness market growth of 8.3% CAGR during the forecast period (2022-2028).
Surface mount technology is being used to generate all mass-produced electronic devices. Digital entertainment is becoming more widely adopted and used. The growth of the electronic goods business was also aided by consumer goods like digital cameras, portable music players, gaming systems, etc. Additionally, the technology's demand in the aerospace and defense sectors is primarily driven by miniaturization, functional improvement, and greater efficiency.
The electronic sector has grown significantly due to the most recent advancements in personal computers, particularly desktops and laptops. In addition, the growth of the automotive industry is being fueled by the rising use of technological gadgets such as improved GPS (global positioning systems), parking systems, in-car entertainment, and driving assistants.
With new technologies and innovations continually emerging to provide consumers with more advanced capabilities, like fingerprint sensors in mobile devices as well as smart televisions, among others, the consumer electronics business is always changing. The creation of smaller electrical components that take up fewer space results from the growing demand for miniaturized devices. This is conceivable only when the hardware parts of the devices, like the PCB, are tiny in size and have a smooth operation, even when combining multiple components.
China is adamant about reducing car exhaust pollution due to rising auto sales and growing urbanization. As a result of the nation's intentions to reduce its reliance on oil imports, demand for and purchases of electric vehicles are expected to increase. Furthermore, several important provinces and towns are enforcing more stringent regulations. As a result, a positive outlook for market expansion is expected during the forecast period due to expanding government laws promoting the adoption of electric vehicles. Hence, in the coming years, the rising demand for EVs and automobiles, in general, will boost the demand for the expansion of the surface mount technology market.
The China market dominated the Asia Pacific Surface Mount Technology Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $972.8 million by 2028. The Japan market is exhibiting a CAGR of 7.6% during (2022 - 2028). Additionally, The India market would display a CAGR of 9% during (2022 - 2028).
Based on Industry, the market is segmented into Consumer Electronics, Telecommunication, Aerospace & Defense, Industrial, Medical, Automotive and Energy & Power Systems. Based on Equipment, the market is segmented into Placement Equipment, Inspection Equipment, Soldering Equipment, Screen Printing Equipment, Cleaning Equipment and Repair & Rework Equipment. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Surface Mount Technology Market is Projected to reach USD 8.6 Billion by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nordson Corporation, KLA Corporation, Yamaha Motor Co., Ltd., Juki Corporation, Viscom AG, Hitachi High-Tech Corporation (Hitachi, Ltd.), Saki Corporation, Electro Scientific Industries (MKS Instruments, Inc. ), Fuji Machinery Co., Ltd. and Mycronic AB.
Scope of the Study
Market Segments Covered in the Report:
By Industry
- Consumer Electronics
- Telecommunication
- Aerospace & Defense
- Industrial
- Medical
- Automotive
- Energy & Power Systems
By Equipment
- Placement Equipment
- Inspection Equipment
- Soldering Equipment
- Screen Printing Equipment
- Cleaning Equipment
- Repair & Rework Equipment
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Nordson Corporation
- KLA Corporation
- Yamaha Motor Co., Ltd.
- Juki Corporation
- Viscom AG
- Hitachi High-Tech Corporation (Hitachi, Ltd.)
- Saki Corporation
- Electro Scientific Industries (MKS Instruments, Inc. )
- Fuji Machinery Co., Ltd.
- Mycronic AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Surface Mount Technology Market, by Industry
1.4.2 Asia Pacific Surface Mount Technology Market, by Equipment
1.4.3 Asia Pacific Surface Mount Technology Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Asia Pacific Surface Mount Technology Market by Industry
4.1 Asia Pacific Consumer Electronics Market by Country
4.2 Asia Pacific Telecommunication Market by Country
4.3 Asia Pacific Aerospace & Defense Market by Country
4.4 Asia Pacific Industrial Market by Country
4.5 Asia Pacific Medical Market by Country
4.6 Asia Pacific Automotive Market by Country
4.7 Asia Pacific Energy & Power Systems Market by Country
Chapter 5. Asia Pacific Surface Mount Technology Market by Equipment
5.1 Asia Pacific Placement Equipment Market by Country
5.2 Asia Pacific Inspection Equipment Market by Country
5.3 Asia Pacific Soldering Equipment Market by Country
5.4 Asia Pacific Screen Printing Equipment Market by Country
5.5 Asia Pacific Cleaning Equipment Market by Country
5.6 Asia Pacific Repair & Rework Equipment Market by Country
Chapter 6. Asia Pacific Surface Mount Technology Market by Country
6.1 China Surface Mount Technology Market
6.1.1 China Surface Mount Technology Market by Industry
6.1.2 China Surface Mount Technology Market by Equipment
6.2 Japan Surface Mount Technology Market
6.2.1 Japan Surface Mount Technology Market by Industry
6.2.2 Japan Surface Mount Technology Market by Equipment
6.3 India Surface Mount Technology Market
6.3.1 India Surface Mount Technology Market by Industry
6.3.2 India Surface Mount Technology Market by Equipment
6.4 South Korea Surface Mount Technology Market
6.4.1 South Korea Surface Mount Technology Market by Industry
6.4.2 South Korea Surface Mount Technology Market by Equipment
6.5 Singapore Surface Mount Technology Market
6.5.1 Singapore Surface Mount Technology Market by Industry
6.5.2 Singapore Surface Mount Technology Market by Equipment
6.6 Malaysia Surface Mount Technology Market
6.6.1 Malaysia Surface Mount Technology Market by Industry
6.6.2 Malaysia Surface Mount Technology Market by Equipment
6.7 Rest of Asia Pacific Surface Mount Technology Market
6.7.1 Rest of Asia Pacific Surface Mount Technology Market by Industry
6.7.2 Rest of Asia Pacific Surface Mount Technology Market by Equipment
Chapter 7. Company Profiles
7.1 KLA Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Business Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.5.3 Geographical Expansions:
7.2 Yamaha Motor Co., Ltd.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Business Expansions:
7.2.5.2 Product Launches and Product Expansions:
7.3 Nordson Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 Mycronic AB
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.5 Juki Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Viscom AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Product Category and Regional Analysis
7.6.4 Research & Development Expense
7.7 Electro Scientific Industries, Inc. (MKS Instruments, Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.8 Hitachi High-Tech Corporation (Hitachi, Ltd.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.9 Saki Corporation
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.10. Fuji Machinery Co., Ltd.
7.10.1 Company Overview
TABLE 1 Asia Pacific Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Surface Mount Technology Market
TABLE 4 Product Launches And Product Expansions– Surface Mount Technology Market
TABLE 5 Acquisition and Mergers– Surface Mount Technology Market
TABLE 6 expansions – Surface Mount Technology Market
TABLE 7 Asia Pacific Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Telecommunication Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Telecommunication Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Medical Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Medical Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Energy & Power Systems Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Energy & Power Systems Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Placement Equipment Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Placement Equipment Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Inspection Equipment Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Inspection Equipment Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Soldering Equipment Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Soldering Equipment Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Screen Printing Equipment Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Screen Printing Equipment Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Cleaning Equipment Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Cleaning Equipment Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Repair & Rework Equipment Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Repair & Rework Equipment Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Surface Mount Technology Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Surface Mount Technology Market by Country, 2022 - 2028, USD Million
TABLE 39 China Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 40 China Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 41 China Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 42 China Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 43 China Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 44 China Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 45 Japan Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 46 Japan Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 47 Japan Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 48 Japan Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 49 Japan Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 50 Japan Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 51 India Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 52 India Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 53 India Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 54 India Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 55 India Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 56 India Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 57 South Korea Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 58 South Korea Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 59 South Korea Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 60 South Korea Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 61 South Korea Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 62 South Korea Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 63 Singapore Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 64 Singapore Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 65 Singapore Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 66 Singapore Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 67 Singapore Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 68 Singapore Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 69 Malaysia Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 70 Malaysia Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 71 Malaysia Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 72 Malaysia Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 73 Malaysia Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 74 Malaysia Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 81 Key Information – KLA Corporation
TABLE 82 Key Information – Yamaha Motor Co., Ltd.
TABLE 83 Key Information – Nordson Corporation
TABLE 84 Key Information – Mycronic AB
TABLE 85 Key Information – JUKI CORPORATION
TABLE 86 Key Information – Viscom AG
TABLE 87 Key Information – Electro Scientific Industries, Inc.
TABLE 88 Key Information – Hitachi High-Tech Corporation
TABLE 89 key Information – Saki Corporation
TABLE 90 Key Information – Fuji Machinery Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: KLA Corporation
FIG 5 Recent strategies and developments: Yamaha Motor Co., Ltd.