Chicago, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Markets N Research has recently released expansive research on Global SMT Inspection Equipment Market with 100+ market data Tables, Pie Chart, and Graphs & Figures spread through Pages and easy to understand detailed analysis. The report endows with wide-ranging statistical analysis of the market’s continuous developments, capacity, production, production value, cost/profit, supply/demand and import/export. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. This market research report serves the clients by providing data and information on their business scenario with which they can stay ahead of the competition in today's rapidly changing business environment.
As per the report titled "SMT Inspection Equipment Market Size, Share & COVID-19 Impact Analysis, By System (Automatic Optical Inspection (AOI), Automated X-Ray Inspection (AXI), Solder Paste Inspection (SPI), Flying Probe Test and Others (In-Circuit Test (ICT), Manual X-ray inspection (MXI), etc.)), By Dimension (2D and 3D), By Phase (Incoming Inspection, In-Process Inspection and Product Inspection and Rework), By Comfiguration (Inline and Offline), By End User (Integrated Device Manufacturer (IDM), Outsourced Semiconductor Assembly and Test (OSAT), and Foundry) and Regional Forecasts, 2022-2028" observes that the market size in 2021 stood at USD 618.9 million and USD 838.9 million in 2028. The market is expected to exhibit a CAGR of 5.20% during the forecast period.
Get a Sample PDF of SMT Inspection Equipment Market Research Report: https://marketsnresearch.com/sample/1606
SMT Inspection Equipment Market Analysis:
The key drivers behind the development of the global SMT inspection equipment market are the rising demand for semiconductors, the adoption of artificial intelligence (A.I.) and 5G wireless technologies, and the explosive growth of the automotive and electrical industries. Additionally, it is predicted that throughout the forecast period Furthermore, as leading manufacturers increasingly embrace high-speed and economical AOI technology, the market's profitability is anticipated to reach new heights in the years to come. The market for SMT inspection equipment is expanding favorably due to the expanding production of medical devices, ventilators, and other essential equipment and the present trend of miniaturizing products with improved performance and cheaper configuration costs.
Report Scope:
| Report Coverage | Details |
| Forecast Period | 2023-2030 |
| Forecast Period 2023 to 2030 CAGR | 5.20 % |
| 2028 Value Projection | 838.9 million |
| Base Year | 2022 |
| Market Size in 2021 | 618.9 million |
| Historical Data for | 2016 - 2021 |
| Segments covered | By System, By Dimension, By Phase, By Configuration, By End User and By Geography |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
List Of Key Companies Profiled:
- Omron Corporation
- Koh Young
- Test Research
- Yxlon International
- SAKI Corporation
- Jutze Intelligence
- Pemtron Corporation
- PARMI Co., Ltd.
- Camtek
- ViTechnology
- Machine Vision Products (MVP)
- CKD Corporation
- GÖPEL electronic GmbH
- MIRTEC CO., LTD
- ViTrox
- AOI Systems Ltd
- HIOKI E.E. CORPORATION
- Acculogic Inc.
- Mycronics (atg Luther & Maelzer)
- Seica
- JOINT STARS TECHNOLOGY CO., LTD
- TAKAYA
- SPEA
Koh Young Technology, Inc. has Made Available their New Meister D+ Semiconductor Inspection System
In October 2021, for chiplets and System-in-Package (SiP) devices, including die and surface mount components, Koh Young Technology, Inc. released their new Meister D+ semiconductor inspection system, Premium True3D Inspection Solution. The new Meister D+ is an addition to the Meister product line, which offers items like solder paste, printed bumps, solder balls, and tiny parts like 0201Ms and highly reflective die.
Major Players Develop Acquisition Plans to Boost Brand Image
The leading businesses in the SMT inspection equipment market plan acquisitions to improve their brand recognition globally. For instance, in January 2022, The new V810i S3 AXI system from ViTrox Corporation Berhad was unveiled at the IPC APEX Expo 2022. To deliver improved PCB standards and increase total inspection time by 30%, the new design entailed hardware and system geometry changes. The system has machine Internet of Things (IoT) technologies and integration of artificial intelligence (A.I.) to troubleshoot systems and carry out preventative maintenance procedures in order to reduce production downtime.
Make an Enquiry before Buying @ https://marketsnresearch.com/buying-request/1606
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- MNR research methodology
Driving Factors:
- Demand for SMT PCBs in the Consumer Electronics Sector Will Drive Market
The printed circuit board (PCB) industry has been rapidly expanding in recent years, owing primarily to the ongoing development of consumer electronics devices and the increased demand for miniature PCBs in electronics and electrical equipment. These electronic devices come in a variety of shapes, forms, and sizes, and are designed to meet the needs of the application. Thus, an electronic device's processing lifecycle travels through the entire surface mount technology equipment from printed circuit board to finished electronic device. The Internet of Things (IoT) provides new opportunities for consumer electronics and wearable device manufacturers. The PCB industry is projected to be considerably impacted by innovations in wearable device designs, such as smart watches that combine flexible sensors and circuits.
- Increased Use of Electric Vehicles Will Boost the Market
The spread of high-end in-car infotainment systems and the demand for advanced driver assistance systems (ADAS) are some of the main drivers behind integrating electronics in vehicles. An automobile is now more like a computer on wheels than a mechanical device with a few electronics, thanks to the increase in the electronics that go into them. The International Energy Agency projects that 6.6 million electric vehicle sales will be made in 2021, more than tripling their market share from the previous two years. The SMT equipment sector has developed unique machines to create PCBs for electric and driverless vehicles to meet these expectations.
Restraining Factors:
- Surface Mount Technology (SMT) Inspection Equipment Repair Complexity Limits the Market Growth
One issue is the complexity of repairing surface mount technology (SMT) inspection equipment. The size of the electronic components on boards is the primary cause. Another significant difficulty is their tremendous density. Since traditional soldering methods won't function, this device requires inventive repairers. When fixing this equipment, they must employ specialist methods. Thus, this is limiting the growth of the SMT inspection equipment market over the forecast period.
Challenging Factors:
- Spread of COVID-19 to Limit Market Growth
Since COVID-19 first came on the international stage in the middle of March 2020, it has altered the nature and maybe the future of the global economy. Some virus victims had to be admitted to the hospital because it was terrible. One percent of these patients passed away as a result. Governments implemented lockdowns and quarantines all around the world because of their concerns. Except for necessary business operations, all company operations came to a virtual halt. The surface mount technology (SMT) inspection equipment market was negatively impacted due to the difficulty in obtaining the raw materials required to produce these goods.
To Gain More Insights into the Market Analysis, Browse Summary of the SMT Inspection Equipment Market Report @ https://marketsnresearch.com/report/1606/global-smt-inspection-equipment-market
Global SMT Inspection Equipment Market Segmentations:
Global SMT Inspection Equipment Market By System:
- Automatic Optical Inspection (AOI)
- Automated X-Ray Inspection (AXI)
- Solder Paste Inspection (SPI)
- Flying Probe Test
- Others (In-Circuit Test (ICT), Manual X-ray inspection (MXI), etc.)
Global SMT Inspection Equipment Market By Dimension:
- 2D
- 3D
Global SMT Inspection Equipment Market By Phase:
- Incoming Inspection
- In-Process Inspection
- Product Inspection and Rework
Global SMT Inspection Equipment Market By Configuration:
- Inline
- Offline
Global SMT Inspection Equipment Market By End User:
- Integrated Device Manufacturer (IDM)
- Outsourced Semiconductor Assembly and Test (OSAT)
- Foundry
Global SMT Inspection Equipment Market Regional Insights:
The Asia Pacific is projected to hold the largest share of the SMT inspection equipment market over the forecast period due to the region's substantial manufacturing hubs and big client base. The market for SMT inspection equipment in Asia Pacific is anticipated to be driven by rising consumer electronics demand, demand for autonomous and safety features in automobiles, and penetration of 5G and IoT in several industries. In 2021, China held a sizable portion of the market in the area. 60% of China's automatic placement machines were imported by OEMs, ODMs, EMS providers, PCB producers, component suppliers, and semiconductor assembly firms from significant SMT (mounting) and FCB (bonding) equipment vendors between 2016 and 2019.
Further Report Findings:
- The market in North America is expected to gain a huge portion of the global SMT inspection equipment market share in the coming years due to rapid industrialization, a rising population, a strong economy, the presence of major SMT players, and the growing trend of miniaturisation.
- This region's nations produce and export a lot of electrical goods. The vast majority of electronics companies produce electrical devices in large quantities using surface mount technology.
- In the Asia Pacific, the growth in this region is primarily driven by growing electronics industry and more digitization. The need for SMT in the regional telecommunications industry is being driven by the improvement of wireless communication standards and rising interest in 5G networks.
Access Full Report @ https://marketsnresearch.com/checkout/1606/1ecda5z5e4
Key questions answered in this report:
- What is the size of the SMT Inspection Equipment market and what is its expected growth rate?
- What are the primary driving factors that push the SMT Inspection Equipment market forward?
- What are the SMT Inspection Equipment Industry's top companies?
- What are the different categories that the SMT Inspection Equipment Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the SMT Inspection Equipment market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis By System, By Dimension, By Phase, By Configuration, By End User and By Geography
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Table of Content
Chapter 1: Preface
Chapter 2: Report Summary
Chapter 3: COVID 19 Impact Analysis
Chapter 4: Global SMT Inspection Equipment Market, By System Segment Analysis
Chapter 5: Global SMT Inspection Equipment Market, By Dimension Segment Analysis
Chapter 6: Global SMT Inspection Equipment Market, By Phase Segment Analysis
Chapter 7: Global SMT Inspection Equipment Market, By Configuration Segment Analysis
Chapter 8: Global SMT Inspection Equipment Market, By End User Segment Analysis
Chapter 9: SMT Inspection Equipment Market – Regional Analysis, 2022 – 2030
Chapter 10: SMT Inspection Equipment Market – Industry Analysis
Chapter 11: Competitive Landscape
Chapter 12: Company Profiles
Chapter 13: Research Methodology
Chapter 14: Questionnaire
Chapter 15: Related Reports
Customize this Report @ https://marketsnresearch.com/customization-request/1606
Key Insights from Primary Research/Key Insights & Findings from the report:
- As per the analysis shared by our primary respondents, the SMT Inspection Equipment market is expected to grow annually at a CAGR of around 5.20%.
- Through primary research, it was established that the SMT Inspection Equipment market was valued at around USD 618.9 million in 2021.
- The SMT Inspection Equipment market is segmented based on components: automatic optical inspection (AOI), automated x-ray inspection (AXI), solder paste inspection (SPI), flying probe test and others (in-circuit test (ICT), manual X-ray inspection (MXI), etc.). The automatic optical inspection (AOI) was predicted to show maximum market share in the year 2021.
- The “Asia Pacific” region will lead the global SMT Inspection Equipment market during the forecast period 2022 to 2030.
Spectacular Deals
- Comprehensive coverage
- Maximum number of market tables and figures
- Subscription-based option offered
- Best price guarantee
- Free 35% or 60 hours of customization.
- Free post-sale service assistance.
- 25% discount on your next purchase.
- Service guarantees are available.
- Personalized market brief by author.
Browse More Markets N Research Reports:
Global Smart Wearable Bands Market Size, Share & COVID-19 Impact Analysis, By Product Type (With Screen and Without Screen), By Operating System (Android, Windows, iOS and Others), By Distribution Channel (Specialist Retailers, Company Outlets, Online and Others) and Regional Forecasts, 2023-2030: https://marketsnresearch.com/report/1602/global-smart-wearable-bands-market
Global SMS Firewall Market Size, Share & COVID-19 Impact Analysis, By Components (Platforms and Services), By Services (Professional Services and Managed Services), By SMS Type (Application-to-Person (A2P) Messages and Person-to-Application (P2A) Messages), By SMS Traffic (National SMS Traffic and International SMS Traffic), By Deployment Modes (On-premises and Cloud), and Regional Forecasts, 2023-2030: https://marketsnresearch.com/report/1605/global-sms-firewall-market
Global Soy Protein Market Size, Share & COVID-19 Impact Analysis, By Type (Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Proteins and Other Types (Soy Flour, Grits, & Chunks)), By Crop Type (Genetically Modified Organism Crops and Non-Genetically Modified Organism Crops), By Source Process (Conventional Soy Protein Ingredients and Organic Soy Protein Ingredients), By Form (Solid/Dry and Liquid), By Application (Food & Beverages (Meat, Poultry, and Seafood, Bakery & Confectionery, Meat Analogues, Dairy & Dairy Alternatives, Beverages, Other Food & Beverage Applications) Animal Feed, Nutrition & Health Supplements and Other Applications) and Regional Forecasts, 2023-2030: https://marketsnresearch.com/report/1611/global-soy-protein-market
Global Alcoholic Beverages Market Size, Share & COVID-19 Impact Analysis, By Type (Beer, Distilled Spirits, Wine, and Others), By Distribution Channel (Convenience Stores, On-Premises, Liquor Stores, Grocery Shops, Internet Retailing, and Supermarkets) and Regional Forecasts, 2022-2028: https://marketsnresearch.com/report/1593/global-alcoholic-beverages-market
Global Smart Manufacturing Market Size, Share & COVID-19 Impact Analysis, By Information Technology (Human-machine Interface, Plant asset management, Manufacturing execution system and Warehouse management system Dual Frequency), By Enabling Technology (Industrial 3D Printing, A.I. in Manufacturing, Industrial Cybersecurity, Industrial Machine Vision,, Industrial Sensors, Digital Twins, Robots,, Automoted Guided Vehicles, Machine Condition Monitoring, Artificial Reality & Virtual Reality and 5G Industrial IoT), By Industry (Process Industry, Oil & Gas, Food & Beverages, Pharmaceuticals, Chemicals, Energy & Power, Metals & Mining, Pulp & Paper, Others), Discrete Industry (Automotive, Aerospace & Defense, Semiconductor &, Electronics, Medical Devices, Machine, Manufacturing, Others), Mining, Construction, Oil & Gas and Others) and Regional Forecasts, 2022-2028: https://marketsnresearch.com/report/1594/global-smart-manufacturing-market
Global Financial Analytics Market Size, Share & COVID-19 Impact Analysis, By Component (Solution and Services), By Deployment mode (On-Premise and Cloud), By Organization Size (Large Enterprises and Small & Medium Sized Enterprises), By Industrial Vertical (BFSI, IT and Telecom, Manufacturing, Retail and E-commerce, Government, Healthcare and Others) and Regional Forecasts, 2022-2028: https://marketsnresearch.com/report/1595/global-financial-analytics-market
About Markets N research
When it comes to investing and money matters, you need the leading market research consultancy firm to help you make the right decisions during the toughest business questions and decisions. Markets N Research is the leading research company offering both tactical and strategic support to all our customers. Customer satisfaction is our goal and that is why, we have a team of skilled and experienced specialist with the ability to do data mining, information management, and revenue enhancement solutions to ensure that our clients make informed decisions when coming to investing in the market.
Markets N Research team is comprised of well skilled and equipped personnel ready to concur any upcoming challenges in the market sector for both individual people and organization around the world. We know time is money, and therefore we ensure we solve your problem within the shortest time possible to prevent delays or missing any opportunities. We use globally accepted techniques with a little innovation from our staff in solving all your market research related challenges.
Contact Us:
Markets N Research
US: +1-773-649-1529
Email:- sales@marketsnresearch.com
Website: https://marketsnresearch.com/
Follow on Linkedin: https://www.linkedin.com/company/markets-n-research
Follow on Twitter: https://twitter.com/marketsnr
Like us on Facebook: https://www.facebook.com/Markets-N-Research-108839598639025
