The Europe Surface Mount Technology Market would witness market growth of 7.8% CAGR during the forecast period (2022-2028).
SMT makes it feasible for most electronics to be smaller, as there is a growth in demand for miniaturized units, and most electronic devices are expected to be smaller. Yet, even though new units are not as cumbersome as older devices, they have a significantly larger component density as well as additional connections for each component. Because of this, it is now possible for electronics to be more powerful and efficient than they have ever been before while still maintaining the smallest form factor conceivable.
Due to the expanding electronics industry, rising electronics device mass production, rising use of flexible printed circuit boards, trend toward miniaturization, and requirement for mounting electrical and mechanical components, surface mount technology is anticipated to experience an increase in demand. Today, surface mount technology is used almost universally in commercial equipment production because of its many benefits when creating PCBs. When more PCB devices become available in SMDs or packages, SMT adoption becomes more and more feasible and affordable.
One of the main reasons influencing the market's growth in the region is the increasing need to meet future energy demands. With lower levels of pollutant emissions and certain other greenhouse gases, the EV industry is quickly becoming a crucial component of the automotive sector. In addition, it offers a way to increase energy efficiency. The Electric Vehicles Initiative (EVI) is a multi-government policy forum with the purpose of accelerating the development and acceptance of electric vehicles. The United Kingdom is a supporter of the Initiative. Therefore the region presents robust expansion potential for the surface mount technology market.
The Germany market dominated the Europe Surface Mount Technology Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $524.3 million by 2028. The UK market is estimated to grow a CAGR of 6.9% during (2022 - 2028). Additionally, The France market would experience a CAGR of 8.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Surface Mount Technology Market, by Industry
1.4.2 Europe Surface Mount Technology Market, by Equipment
1.4.3 Europe 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. Europe Surface Mount Technology Market by Industry
4.1 Europe Consumer Electronics Market by Country
4.2 Europe Telecommunication Market by Country
4.3 Europe Aerospace & Defense Market by Country
4.4 Europe Industrial Market by Country
4.5 Europe Medical Market by Country
4.6 Europe Automotive Market by Country
4.7 Europe Energy & Power Systems Market by Country
Chapter 5. Europe Surface Mount Technology Market by Equipment
5.1 Europe Placement Equipment Market by Country
5.2 Europe Inspection Equipment Market by Country
5.3 Europe Soldering Equipment Market by Country
5.4 Europe Screen Printing Equipment Market by Country
5.5 Europe Cleaning Equipment Market by Country
5.6 Europe Repair & Rework Equipment Market by Country
Chapter 6. Europe Surface Mount Technology Market by Country
6.1 Germany Surface Mount Technology Market
6.1.1 Germany Surface Mount Technology Market by Industry
6.1.2 Germany Surface Mount Technology Market by Equipment
6.2 UK Surface Mount Technology Market
6.2.1 UK Surface Mount Technology Market by Industry
6.2.2 UK Surface Mount Technology Market by Equipment
6.3 France Surface Mount Technology Market
6.3.1 France Surface Mount Technology Market by Industry
6.3.2 France Surface Mount Technology Market by Equipment
6.4 Russia Surface Mount Technology Market
6.4.1 Russia Surface Mount Technology Market by Industry
6.4.2 Russia Surface Mount Technology Market by Equipment
6.5 Spain Surface Mount Technology Market
6.5.1 Spain Surface Mount Technology Market by Industry
6.5.2 Spain Surface Mount Technology Market by Equipment
6.6 Italy Surface Mount Technology Market
6.6.1 Italy Surface Mount Technology Market by Industry
6.6.2 Italy Surface Mount Technology Market by Equipment
6.7 Rest of Europe Surface Mount Technology Market
6.7.1 Rest of Europe Surface Mount Technology Market by Industry
6.7.2 Rest of Europe 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 Europe Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 2 Europe 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 Europe Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 8 Europe Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 9 Europe Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Telecommunication Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Telecommunication Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Medical Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Medical Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Automotive Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Automotive Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Energy & Power Systems Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Energy & Power Systems Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 24 Europe Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 25 Europe Placement Equipment Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Placement Equipment Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Inspection Equipment Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Inspection Equipment Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Soldering Equipment Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Soldering Equipment Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Screen Printing Equipment Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Screen Printing Equipment Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Cleaning Equipment Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Cleaning Equipment Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Repair & Rework Equipment Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Repair & Rework Equipment Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Surface Mount Technology Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Surface Mount Technology Market by Country, 2022 - 2028, USD Million
TABLE 39 Germany Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 40 Germany Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 41 Germany Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 42 Germany Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 43 Germany Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 44 Germany Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 45 UK Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 46 UK Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 47 UK Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 48 UK Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 49 UK Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 50 UK Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 51 France Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 52 France Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 53 France Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 54 France Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 55 France Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 56 France Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 57 Russia Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 58 Russia Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 59 Russia Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 60 Russia Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 61 Russia Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 62 Russia Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 63 Spain Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 64 Spain Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 65 Spain Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 66 Spain Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 67 Spain Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 68 Spain Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 69 Italy Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 70 Italy Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 71 Italy Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 72 Italy Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 73 Italy Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 74 Italy Surface Mount Technology Market by Equipment, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Surface Mount Technology Market, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Surface Mount Technology Market, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Surface Mount Technology Market by Industry, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Surface Mount Technology Market by Industry, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Surface Mount Technology Market by Equipment, 2018 - 2021, USD Million
TABLE 80 Rest of Europe 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.