The Latin America, Middle East and Africa Surface Mount Technology Market would witness market growth of 10.8% CAGR during the forecast period (2022-2028).
High-frequency applications, thermal management, and stress on the PCB from an incompatible coefficient of thermal expansion are some variables that must be considered when designing the device. The traditional incandescent and fluorescent light sources have been replaced by LEDs. LED lighting has a far longer lifespan and higher power efficiency than incandescent and fluorescent bulbs. The advantages of LEDs' attributes, namely their compact size and low consumption of electricity, are being reaped by the electronics manufacturing sector.
Its business will greatly benefit from the rising demand for integrated modules like system-on-a-chip and multichip. As a result of their central role in the electronics sector, automation will benefit the industry's growth. These products' affordable prices, high levels of availability, and quick turnaround times provide the makers with a sizable profit and boost the market's overall revenue.
In addition, electronic sound equipment has become increasingly prevalent in hospitals and clinics to aid in the early diagnosis of illnesses as well as their efficient treatment and management. A fast rise in the number of end-user industries has occurred with the introduction of advanced electronic sound components. Moreover, the expanding usage of integrated circuits that contain passive components also increase the demand for surface mount technology devices.
The region's expanding tourist industry and ex-pat community primarily fuel the market. In Israel, numerous large-scale shopping centers and malls are currently being built due to investments made by the public and private sectors in infrastructure development to support the country's expanding population, burgeoning tourism industry, and rising per capita GDP. Additionally, this has led to demand for numerous lightning systems that use SMT, as well as machinery and equipment that aid in establishing infrastructure. Thus, it is anticipated that the regional demand for various consumer products will drive the growth of the surface mount technology market throughout the forecast period.
The Brazil market dominated the LAMEA Surface Mount Technology Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $126.2 million by 2028. The Argentina market is experiencing a CAGR of 11.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 10.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Surface Mount Technology Market, by Industry
1.4.2 LAMEA Surface Mount Technology Market, by Equipment
1.4.3 LAMEA 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. LAMEA Surface Mount Technology Market by Industry
4.1 LAMEA Consumer Electronics Market by Country
4.2 LAMEA Telecommunication Market by Country
4.3 LAMEA Aerospace & Defense Market by Country
4.4 LAMEA Industrial Market by Country
4.5 LAMEA Medical Market by Country
4.6 LAMEA Automotive Market by Country
4.7 LAMEA Energy & Power Systems Market by Country
Chapter 5. LAMEA Surface Mount Technology Market by Equipment
5.1 LAMEA Placement Equipment Market by Country
5.2 LAMEA Inspection Equipment Market by Country
5.3 LAMEA Soldering Equipment Market by Country
5.4 LAMEA Screen Printing Equipment Market by Country
5.5 LAMEA Cleaning Equipment Market by Country
5.6 LAMEA Repair & Rework Equipment Market by Country
Chapter 6. LAMEA Surface Mount Technology Market by Country
6.1 Brazil Surface Mount Technology Market
6.1.1 Brazil Surface Mount Technology Market by Industry
6.1.2 Brazil Surface Mount Technology Market by Equipment
6.2 Argentina Surface Mount Technology Market
6.2.1 Argentina Surface Mount Technology Market by Industry
6.2.2 Argentina Surface Mount Technology Market by Equipment
6.3 UAE Surface Mount Technology Market
6.3.1 UAE Surface Mount Technology Market by Industry
6.3.2 UAE Surface Mount Technology Market by Equipment
6.4 Saudi Arabia Surface Mount Technology Market
6.4.1 Saudi Arabia Surface Mount Technology Market by Industry
6.4.2 Saudi Arabia Surface Mount Technology Market by Equipment
6.5 South Africa Surface Mount Technology Market
6.5.1 South Africa Surface Mount Technology Market by Industry
6.5.2 South Africa Surface Mount Technology Market by Equipment
6.6 Nigeria Surface Mount Technology Market
6.6.1 Nigeria Surface Mount Technology Market by Industry
6.6.2 Nigeria Surface Mount Technology Market by Equipment
6.7 Rest of LAMEA Surface Mount Technology Market
6.7.1 Rest of LAMEA Surface Mount Technology Market by Industry
6.7.2 Rest of LAMEA 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 LAMEA Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 8 LAMEA Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 9 LAMEA Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Telecommunication Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Telecommunication Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Medical Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Medical Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Energy & Power Systems Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Energy & Power Systems Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 24 LAMEA Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 25 LAMEA Placement Equipment Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Placement Equipment Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Inspection Equipment Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Inspection Equipment Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Soldering Equipment Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Soldering Equipment Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Screen Printing Equipment Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Screen Printing Equipment Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Cleaning Equipment Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Cleaning Equipment Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Repair & Rework Equipment Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Repair & Rework Equipment Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Surface Mount Technology Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Surface Mount Technology Market by Country, 2022 - 2028, USD Million
TABLE 39 Brazil Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 40 Brazil Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 41 Brazil Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 42 Brazil Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 43 Brazil Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 44 Brazil Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 45 Argentina Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 46 Argentina Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 47 Argentina Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 48 Argentina Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 49 Argentina Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 50 Argentina Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 51 UAE Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 52 UAE Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 53 UAE Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 54 UAE Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 55 UAE Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 56 UAE Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 63 South Africa Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 64 South Africa Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 65 South Africa Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 66 South Africa Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 67 South Africa Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 68 South Africa Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 69 Nigeria Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 70 Nigeria Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 71 Nigeria Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 72 Nigeria Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 73 Nigeria Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 74 Nigeria Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 75 Rest of LAMEA Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 76 Rest of LAMEA Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA 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.