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Surface Mount Technology Equipment Market, Global Outlook and Forecast 2023-2032

The global Surface Mount Technology Equipment market was valued at US$ 6300.2 million in 2022 and is projected to reach US$ 7581.2 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Surface Mount Technology Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.



The China market for Global Surface Mount Technology Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Surface Mount Technology Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


Surface-mount technology (SMT) is a method for producing electronic circuits in which the components are mounted or placed directly onto the surface of printed circuit boards (PCBs). An electronic device so made is called a surface-mount device (SMD).

Surface-mount technology (SMT) equipment in this report include placement equipment, printer equipment, reflow oven equipment, etc.

This report aims to provide a comprehensive presentation of the global market for Surface Mount Technology Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Surface Mount Technology Equipment. This report contains market size and forecasts of Surface Mount Technology Equipment in global, including the following market information:


  • Global Surface Mount Technology Equipment Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Surface Mount Technology Equipment Market Sales, 2018-2023, 2024-2032, (K Units)

  • Global top five Surface Mount Technology Equipment companies in 2022 (%)


In terms of manufacturers, the top 3 are Fuji, ASM Pacific Technology and Panasonic, with more than 50% market shares.

Asia Pacific is the largest consumption place, with a consumption market share about 55%.

On the basis of product type, placement equipment segment is projected to account for the largest value market share during the forecast period, this segment was estimated to account for 50% share in terms of value.

In the applications, consumer electronics segment was estimated to account for the highest market share of 30%. Automotive segment held 25% of the market.

We has surveyed the Surface Mount Technology Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Surface Mount Technology Equipment Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Surface Mount Technology Equipment Market Segment Percentages, by Type, 2022 (%)


  • Coating Equipment

  • Solder Equipment

  • Rework And Repair Equipment

Global Surface Mount Technology Equipment Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Surface Mount Technology Equipment Market Segment Percentages, by Application, 2022 (%)


  • Telecommunication

  • Consumer Electronics

  • Automotive

  • Medical

Global Surface Mount Technology Equipment Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Surface Mount Technology Equipment Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Surface Mount Technology Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Surface Mount Technology Equipment revenues share in global market, 2022 (%)

  • Key companies Surface Mount Technology Equipment sales in global market, 2018-2023 (Estimated), (K Units)

  • Key companies Surface Mount Technology Equipment sales share in global market, 2022 (%)

key players include:


  • CyberOptics

  • Fuji Machine

  • Mycronic

  • Assembly Systems

  • Nordson

  • Hitachi High-Technologies

  • Orbotech


Outline of Major Chapters:

Chapter 1: Introduces the definition of Surface Mount Technology Equipment, market overview.

Chapter 2: Global Surface Mount Technology Equipment market size in revenue and volume.

Chapter 3: Detailed analysis of Surface Mount Technology Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Surface Mount Technology Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Surface Mount Technology Equipment capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 Surface Mount Technology Equipment Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Surface Mount Technology Equipment Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Surface Mount Technology Equipment Overall Market Size 2.1 Global Surface Mount Technology Equipment Market Size: 2022 VS 2032 2.2 Global Surface Mount Technology Equipment Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Surface Mount Technology Equipment Sales: 2018-2032 3 Company Landscape 3.1 Top Surface Mount Technology Equipment Players in Global Market 3.2 Top Global Surface Mount Technology Equipment Companies Ranked by Revenue 3.3 Global Surface Mount Technology Equipment Revenue by Companies 3.4 Global Surface Mount Technology Equipment Sales by Companies 3.5 Global Surface Mount Technology Equipment Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Surface Mount Technology Equipment Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Surface Mount Technology Equipment Product Type 3.8 Tier 1, Tier 2 and Tier 3 Surface Mount Technology Equipment Players in Global Market 3.8.1 List

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