Global Market For Surface Mount Technology (SMT) Equipment Is Expected To Reach About 5422.17 M USD By 2022 From 3804.71 M USD In 2016
Thursday, 29 Nov, 2018
In the coming years there is an increasing demand for Surface Mount Technology (SMT) Equipment in the regions of China that is expected to drive the market for more Surface Mount Technology (SMT) Equipment. Increasing of telecommunications equipment expenditures, more-intense competition, launches in introducing new products, increasing of spending on medical and automotive industry, retrofitting and renovation of old technology, increasing adoption of Surface Mount Technology (SMT) Equipment will drive growth in North America and Europe markets. 

Globally, the Surface Mount Technology (SMT) Equipment industry market is an oligopoly as the manufacturing technology of Surface Mount Technology (SMT) Equipment is relatively matures than some high-tech equipment. And some enterprises, like ASM Pacific Technology, Fuji, Hanwha Precision Machinery, Yamaha?Motor, etc. are well-known for the performance of their Surface Mount Technology (SMT) Equipment and related services. At the same time, Asia-Pacific, occupied 48.53% sales revenue market share in 2017, is remarkable in the global Surface Mount Technology (SMT) Equipment industry because of their market share and technology status of Surface Mount Technology (SMT) Equipment.

The consumption of Surface Mount Technology (SMT) Equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Surface Mount Technology (SMT) Equipment industry may not keep that fast. But it is surely forecasted that the market of Surface Mount Technology (SMT) Equipment is still promising. 

The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.

The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

Although the market competition of Surface Mount Technology (SMT) Equipment is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Surface Mount Technology (SMT) Equipment and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.