Surface Mount Technology (SMT) Equipment: A Global Strategic Business Report
San Jose, CA (Vocus) October 28, 2010
The global economic downturn put brakes on the robust growth in the global SMT equipment market. The recession forced financial institutions to adopt stringent credit policies, thereby drying up funds for the SMT manufacturers. Further, falling unit prices and constricting profit margins proved detrimental to the survival of industry participants, particularly small and mid-segment manufacturers. Sales of the SMT equipment were also affected by increasing liabilities and low credit ratings of several electronic assemblers. Declining demand and contracting buyer base contributed to intense competition among sellers. Consequently, few sellers holding majority of market share and having deep pockets dominate the market.
Asia-Pacific, Europe, and the US dominate the global SMT market, as stated by the new market research report on Surface Mount Technology (SMT) Equipment. Asia-Pacific is expected to offer growth opportunities for the global SMT industry, owing to steady economic growth in countries such as China and India. The region’s increased presence in electronics manufacturing and original design manufacturing businesses, in turn, is enhancing the demand for SMT equipment. End use sectors such as consumer electronics, communications electronics, industrial electronics, medical, and automotive are contributing to the rapid growth in the SMT equipment market.
Among the SMT products, completely automated screen printers are expected to experience the highest demand from EMS providers and automotive, aerospace, defense and telecommunication industries. Changing customer profiles place ceilings on the maximum outlay for new screen print machinery. Accordingly, the SMT screen print equipment market is increasingly being driven by mid-range automatic screen printers, which are a unique combination of affordability and superior automation. Automatic screen print equipment market in the United States is projected to reach US$44 million by 2014.
Consequent to the shift of focus from manual vision systems to sensor and/or structured light-based vision systems, the demand for sophisticated inspection systems is steadily increasing. Moreover, technological advancement, proven efficiencies, sharper image definition and modification capabilities, and automated feedback and autosuggestion processes enhanced the market confidence on the efficacy of these systems.
Major players profiled in the report include Air-Vac Engineering, Assembléon, Cognex Corporation, Conceptronic, CyberOptics Corporation, Dover Technologies, Electro Scientific Industries Inc., Fuji Machine Manufacturing Co., Ltd., Glenbrook Technologies Inc., Juki Automation Systems Inc., KLA-Tencor Corporation, Lixi Inc., Nordson Corporation, Orbotech Ltd., PPT Vision Inc., Teradyne Inc., Universal Instruments, Viasystems Group Inc., X-Tek Group Inc., and YXLON International FeinFocus GmbH.
The research report titled “Surface Mount Technology (SMT) Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a strategic review of the industry, key market trends, recent product launches, strategic corporate initiatives, and profiles of key market participants. The report provides annual sales estimates and projections for the years 2007 through 2015, and 2001 to 2006 by the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Key segments and sub-segments analyzed include Screen Print Equipment (Manual, Semiautomatic, Automatic), Placement Equipment (Gantry Robot, Turret, High-Speed, Medium-Speed, Low-Speed), Soldering Equipment (Reflow Oven, Wave Oven), Cleaning Equipment, Inspection Equipment (Optical, X-Ray, Laser), and Repair and Rework Equipment (Manual, Semiautomatic).
For more details about this comprehensive market 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 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Web Site http://www.StrategyR.com/
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