Pune, India, Nov. 09, 2022 (GLOBE NEWSWIRE) — MarketStudyReport recently added the latest report, global SMT Inspection Equipment Industry, which accumulated USD 915.2 million in 2021, is expected to reach a valuation of USD 1,296.4 million by the end of 2028, while growing at a CAGR of 5.1% throughout the forecast period. Additionally, the research literature sums up a compelling survey of the numerous industry sub-segments by discussing the current and past valuations along with growth potential for the analysis period.
The report finally provides an engaging overview of the competitive landscape highlighting the revenue margins, product/service offerings and market share represented by each company, which will help readers understand the impact of all these factors on the overall industry growth trajectory.
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Growth drivers and constraints:
Growing demand for semiconductors, penetration of artificial intelligence (AI) and 5G wireless technology, rapid growth in automotive and electronics sectors are the vital factors propelling the development of the market world of SMT inspection equipment.
Additionally, the proliferation of electric vehicles, hybrid electric vehicles, and advanced driver assistance systems are expected to significantly drive improved revenue streams for the industry over the forecast span.
Furthermore, increasing adoption of high-speed and cost-effective AOI technology by leading manufacturers is likely to propel the market profitability to new heights in the coming years.
Segmentation and regional overview:
In terms of type, the market has been segregated into AXI, SPI, AOI. Based on the application spectrum, military and defense, aerospace, medical devices, LED and display, telecommunications equipment, automotive and consumer electronics are some of the main areas in which these products are effectively used.
Considering the regional terrain, the SMT equipment industry in Asia Pacific is expected to witness a strong growth rate during the period 2022-2028, owing to the presence of a large consumer base and multitude of world’s largest manufacturing plants in the region.
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Moving to a competitive landscape, Shenzhen Sinic-Tek Vision Technology Ltd, Shanghai Holly Electronics Co. Ltd, Shenzhen JT Automation Equipment Co. Ltd, ZhenHuaXing Technology Co. Ltd, Machine Vision Products (MVP) Inc., Mek (Marantz Electronics), Aleader Vision Technology Co. Ltd, GOEPEL Electronics LLC, CKD Corporation, Mycronic AB, CyberOptics Corporation, Jutze Intelligence Technology Co. Ltd, Nordson Corporation, Omron Corporation, Yamaha Motor Co. Ltd, SAKI Corporation, Viscom AG, Vitrox Corporation Berhad, Pemtron Corporation, PARMI, MIRTEC Corporation and Test Research Inc. are the leading multinational companies trying to introduce new technologies to improve the durability of their products in the global SMT inspection equipment market landscape.
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Global SMT Inspection Equipment Market, by Product Type (Value, USD Million, 2016 – 2028)
Global SMT Inspection Equipment Market, by Application (Value, USD Million, 2016 – 2028)
- Military & Defense
- Medical equipement
- LED display
- telecommunications equipment
- Consumer electronics
Global SMT Inspection Equipment Market, Geographical Fragmentation (Value, USD, 2016-2028)
- Rest of South America
- The rest of Europe
- New Zealand
- Rest of Asia-Pacific
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
Global SMT Inspection Equipment Market, Company Profiles (Value, USD Million, 2016-2028)
- Shenzhen Sinic-Tek Vision Technology Ltd.
- Koh Young Technology
- Shanghai Holly Electronics Co.Ltd
- Shenzhen JT Automation Equipment Co.Ltd
- ZhenHuaXing Technology Co.Ltd
- Machine Vision Products (MVP) Inc.
- Mek (Marantz Electronics)
- A Leader Vision Technology Co. Ltd
- GOEPEL Electronics LLC
- CKD Corporation
- Mycronic AB
- CyberOptics Corporation
- Jutze Intelligence Technology Co. Ltd
- Nordson Company
- Omron Company
- Yamaha Motor Co.Ltd
- SAKI Company
- Viscom SA
- Vitrox Corporation Berhad
- Pemtron Company
- Mirtec Company
- Test Research Inc.
Chapter 1 Introduction
1.1 Research objectives
1.2 Research methodology
1.3 Research process
1.4 Scope and Coverage
1.4.1 Market definition
1.4.2 Answers to key questions
1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities by Segment
3.1 By type
3.2 By app
Chapter 4: Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Bargaining power of the supplier
4.1.2 Threat of new entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining power between buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.4 Pestle analysis
4.5 Technology roadmap
4.6 Regulatory landscape
4.7 SWOT analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the impact of Covid-19
4.10.1 Impact on the overall market
4.10.2 Impact on the supply chain
4.10.3 Impact on Major Manufacturers
4.10.4 Impact on pricing
Chapter 5: SMT Inspection Equipment Market by Type
5.1 SMT Inspection Equipment Market Overview and Growth Driver
5.2 SMT Inspection Equipment Market Overview
5.3.1 Introduction and Market Overview
5.3.2 Historical and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Drivers and Opportunities
5.3.4 Area of interest: geographical segmentation
5.4.1 Introduction and Market Overview
5.4.2 Historical and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Drivers and Opportunities
5.4.4 SPI: geographical segmentation
5.5.1 Introduction and Market Overview
5.5.2 Historical and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Drivers and Opportunities
5.5.4 AXI: geographical segmentation
Chapter 6: SMT Inspection Equipment Market by Application
6.1 SMT Inspection Equipment Market Overview and Growth Driver
6.2 SMT Inspection Equipment Market Overview
6.3 Consumer electronics
6.3.1 Introduction and Market Overview
6.3.2 Historical and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Drivers and Opportunities
6.3.4 Consumer Electronics: Geographic Segmentation
6.4 Telecommunications Equipment
6.4.1 Introduction and Market Overview
6.4.2 Historical and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Drivers and Opportunities
6.4.4 Telecommunications Equipment: Geographic Segmentation
6.5.1 Introduction and Market Overview
6.5.2 Historical and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Drivers and Opportunities
6.5.4 Automotive: geographical segmentation
6.6 LEDs and display
6.6.1 Introduction and Market Overview
6.6.2 Historical and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Drivers and Opportunities
6.6.4 LED and display: geographic segmentation
6.7 Medical devices
6.7.1 Introduction and Market Overview
6.7.2 Historical and Forecasted Market Size (2016-2028F)
6.7.3 Key Market Trends, Growth Drivers and Opportunities
6.7.4 Medical devices: geographic segmentation
1. What is the global SMT inspection equipment market size and projections for 2022-2028?
2. How is the global SMT inspection equipment market shaped throughout the assessment timeline by COVID-19 and its restraining factors?
3. What is the competitive strategic window for growth potential in the Global SMT Inspection Equipment Market?
4. What are the opportunities for expansion in the global SMT inspection equipment market for review schedule?
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