San Jose, CA (PRWEB) March 12, 2008
It is the ‘flat’ world that is luring the SMT equipment manufacturers; as the electronic gadgets get smarter and intelligent with smaller and lighter ‘brains’, rapid growth is projected in the SMT equipment market over the next few years. Growing consumer demand for flatter electronic appliances with smaller footprint, incorporating more and more electronic modules that wake up to newer responsibilities of enhancing the performance and efficiency of the systems, is resulting in heightened demand for compactly packed printed circuit board assemblies. This in turn, is resulting in hiked demand for efficient electronics packaging technologies that offer cost-effective placement of electronic components onto the progressively miniaturizing estate of the printed circuit board.
Global market for Surface Mount Technology (SMT) Equipment is poised to exceed US$ 5.6 billion by the end of the year 2010. Asia-Pacific offers the brightest opportunities for the global SMT industry, entirely on account of the burgeoning domestic economy and growing manufacturing representation from western countries. Annual sales of SMT equipment in Asia-Pacific (excluding Japan) are projected to grow at a compounded annual rate of 13.3% over the years 2001 through 2010. SMT equipment sales in the United States totaled an estimated US$ 718 million in 2006, while sales in Latin America are projected to exceed US$ 146 million in 2009.
Key players listed in the report include Agilent Technologies Inc., FeinFocus USA, Inc., Glenbrook Technologies Inc., Phoenix X-Ray Systems & Services Inc., Teradyne Inc., and Universal Instruments, among others.
“Surface Mount Technology (SMT) Equipment: A Global Strategic Business Report” published by Global Industry Analysts, Inc., analyzes the global market with hard-to-find data and analytics for key regional markets such as Asia-Pacific, Europe and the United States, alongside up and coming markets such as Latin America. The report provides a comprehensive review of market trends and issues, drivers, key players, competitive landscape, recent developments, mergers, acquisitions, alliances, product launches and other strategic industry activities.
Analytical estimates and projections are presented in terms of annual sales in US$ over the years 2001 through 2010. Long-term projections are provided over the years 2011 through 2015. Product groups and segments independently analyzed include Screen Print Equipment (Manual, Semiautomatic, and Automatic), Placement Equipment (Gantry Robot, Turret, High-Speed, Medium-Speed, and Low-Speed), Soldering Equipment (Reflow Oven, and Wave Oven), Cleaning Equipment, Inspection Equipment (Optical, X-Ray, and Laser), and Repair and Rework Equipment (Manual, and Semiautomatic).
For more details about this research report, please visit http://www.strategyr.com/Surface_Mount_Technology_SMT_Equipment_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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