“The surface mount technology market is expected to grow, at a CAGR of 9.84% during the forecast period between 2015 and 2020. One of the major growth drivers for the surface mount technology market is the miniaturization of electronics devices. With reduction in size of electronic components, high packing density is possible. The size of the circuit with miniaturized electronic components could be reduced by 30% than the conventional technique. Surface mount technology is majorly used in the consumer electronics industry, and this trend is expected to continue during the forecast period.
Surface mount technology for consumer electronica application is expected to grow at the highest CAGR
In the surface mount technology market, consumer electronics is estimated to grow at a high CAGR during the forecast period. Electronic devices such as cell phones, laptops, MP3 players, and GPS navigation systems have evolved due to the miniaturization of technology and revolutionary development of microelectronics. Hence, the demand for SMDs in applications related to consumer electronics is increasing and is expected to grow at a faster rate than the other applications during the forecast period.
APAC is the fastest-growing region in the surface mount technology market
The market in APAC is expected to grow at a high CAGR between 2015 and 2020. Growing electronic manufacturing activity, rising demand miniaturization of components, and growth in consumer and automotive electronics are driving the SMT market in the APAC region. Furthermore, increasing penetration of wireless communication standards and rising demand for 3G/4G network are boosting SMT demand in the telecommunication sector in this region.
Several primary interviews with market experts have been conducted across four major regions, namely, the North America, Europe, Asia-Pacific, and Rest of the World (the Middle East, Africa, and Latin America). The primary participants considered for the study are C-level executives, managers, and D-level executives of the Tier 1, Tier 2, and Tier 3 companies.
The key players in the market include Nordson Corporation (U.S.), Mycronic AB (Sweden), Fuji Machine Manufacturing Co., Ltd. (Japan), Electro Scientific Industries Inc. (U.S.), and Orbotech Ltd. (Israel), Hitachi High Technologies Corporation (Japan), Viscom AG (Germany), Juki Corporation (Japan), CyberOptics Corporation (U.S.), and ASM Assembly Systems GmbH & Co. KG (Germany).
Reasons to Buy the Report:
• This report includes the market statistics pertaining to equipment, application, and geography along with their respective revenues.
• The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the surface mount technology market.
• Major drivers, restraints, and opportunities for the surface mount technology market have been detailed in this report.
• Illustrative segmentation, analysis, and forecast for the markets based on system type, revenue source, industry vertical, and geography has been conducted to give an overall view of the surface mount technology market.
• A detailed competitive landscape includes key players, in-depth analysis, and revenue of key players.
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“TABLE OF CONTENTS
1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 17
1.3.2 YEARS CONSIDERED 17
1.4 CURRENCY 18
1.5 LIMITATION 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 INTRODUCTION 19
2.1.1 SECONDARY DATA 21
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY DATA 22
2.1.2.1 Key data from primary sources 22
2.1.2.2 Key industry insights 23
2.1.2.3 BREAKDOWN OF PRIMARY INTERVIEWS 23
2.2 MARKET SIZE ESTIMATION 24
2.2.1 BOTTOM-UP APPROACH 24
2.2.2 TOP-DOWN APPROACH 25
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 26
2.4 RESEARCH ASSUMPTIONS 27
2.4.1 ASSUMPTIONS 27
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 32
4.1 SURFACE MOUNT TECHNOLOGY MARKET, 2014–2020 (USD MILLION) 32
4.2 SURFACE MOUNT TECHNOLOGY MARKET, BY EQUIPMENT 32
4.3 GLOBAL SURFACE MOUNT TECHNOLOGY MARKET 33
4.4 APAC MARKET EXPECTED TO GROW AT THE HIGHEST CAGR BETWEEN 2015 AND 2020 34
4.5 SURFACE MOUNT TECHNOLOGY MARKET, BY APPLICATION 35
4.6 SURFACE MOUNT TECHNOLOGY MARKET, BY REGION 35
4.7 SURFACE MOUNT TECHNOLOGY EQUIPMENT MARKET, BY REGION 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 38
5.2 MARKET SEGMENTATION 38
5.2.1 SURFACE MOUNT TECHNOLOGY MARKET, BY EQUIPMENT 38
5.2.2 SURFACE MOUNT TECHNOLOGY MARKET, BY APPLICATION 39
5.3 MARKET DYNAMICS 40
5.3.1 DRIVERS 41
5.3.1.1 Miniaturization of electronics devices 41
5.3.1.2 Demand for accurate, flexible, and fast technique for mounting of components on the PCB 41
5.3.1.3 Strong technology penetration in the consumer electronics sector 41
5.3.2 RESTRAINTS 43
5.3.2.1 High cost of investment in machinery for SMT 43
5.3.2.2 High frequency and thermal management 43
5.3.3 OPPORTUNITIES 44
5.3.3.1 SMT solutions for the automotive industry 44
5.3.3.2 Increased demand for LED lighting 44
5.3.4 CHALLENGES 45
5.3.4.1 Repair and rework problem for SMT boards 45
5.3.4.2 Reliability challenges 45
6 INDUSTRY TRENDS 47
6.1 VALUE CHAIN ANALYSIS 47
6.2 PORTER’S FIVE FORCES ANALYSIS 48
6.2.1 THREAT OF NEW ENTRANTS 49
6.2.2 THREAT OF SUBSTITUTES 50
6.2.3 BARGAINING POWER OF SUPPLIERS 51
6.2.4 BARGAINING POWER OF BUYERS 52
6.2.5 INTENSITY OF COMPETITIVE RIVALRY 53
7 MARKET, BY EQUIPMENT 54
7.1 INTRODUCTION 55
7.2 SCREEN PRINT EQUIPMENT 57
7.3 SOLDERING EQUIPMENT 59
7.4 PLACEMENT EQUIPMENT 60
7.5 INSPECTION EQUIPMENT 63
7.6 CLEANING EQUIPMENT 65
7.7 REPAIR & REWORK EQUIPMENT 67
8 MARKET, BY APPLICATION 69
8.1 INTRODUCTION 70
8.2 CONSUMER ELECTRONICS 71
8.3 TELECOMMUNICATION 75
8.4 AEROSPACE & DEFENSE 79
8.5 AUTOMOTIVE 83
8.6 MEDICAL 87
8.7 INDUSTRIAL 91
8.8 ENERGY & POWER SYSTEMS 95
9 MARKET, BY GEOGRAPHY 100
9.1 INTRODUCTION 101
9.2 NORTH AMERICA 103
9.3 EUROPE 107
9.4 APAC 109
9.5 REST OF THE WORLD (ROW) 113
10 COMPETITIVE LANDSCAPE 115
10.1 OVERVIEW 115
10.2 MARKET SHARE ANALYSIS 116
10.3 COMPETITIVE SCENARIO 117
10.3.1 NEW PRODUCT LAUNCHES 118
10.3.2 PARTNERSHIPS, AGREEMENTS & COLLABORATIONS 119
10.3.3 MERGERS & ACQUISITIONS 120
10.3.4 EXPANSIONS 120
11 COMPANY PROFILES 121
(Overview, Products and Services, Financials, Strategy & Development)*
11.1 INTRODUCTION 121
11.2 ELECTRO SCIENTIFIC INDUSTRIES INC. 122
11.3 FUJI MACHINE MANUFACTURING CO., LTD. 125
11.4 MYCRONIC AB 128
11.5 NORDSON CORP. 131
11.6 ORBOTECH LTD. 134
11.7 CYBEROPTICS CORP. 137
11.8 HITACHI HIGH-TECHNOLOGIES CORP. 139
11.9 JUKI CORP. 141
11.10 VISCOM AG 143
11.11 ASM ASSEMBLY SYSTEMS GMBH & CO. KG 145
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.
12 APPENDIX 146
12.1 INSIGHTS OF INDUSTRY EXPERTS 146
12.2 DISCUSSION GUIDE 147
12.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 150
12.4 AVAILABLE CUSTOMIZATIONS 152
12.5 RELATED REPORTS 152
“
“LIST OF TABLES
TABLE 1 MINIATURIZATION OF ELECTRONIC DEVICES PROPELLING THE GROWTH OF
THE SMT MARKET 42
TABLE 2 HIGH CAPITAL INVESTMENT IN SMT MACHIENERY EXPECTED TO AFFECT
THE GROWTH OF THE SMT MARKET 43
TABLE 3 RISING DEMAND FOR LED LIGHTING WOULD GENERATE NEW OPPORTUNITIES FOR THE SMT MARKET 45
TABLE 4 REPAIR AND REWORK PROBLEM IN SMT BOARD IS A MAJOR CHALLENGE FOR
THE SMT MARKET 46
TABLE 5 SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 55
TABLE 6 SCREEN PRINT EQUIPMENT MARKET, BY APPLICATION,
2013–2020 (USD MILLION) 57
TABLE 7 SCREEN PRINT EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 58
TABLE 8 SOLDERING EQUIPMENT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 59
TABLE 9 SOLDERING EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 60
TABLE 10 PLACEMENT EQUIPMENT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 61
TABLE 11 PLACEMENT EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 62
TABLE 12 INSPECTION EQUIPMENT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 63
TABLE 13 INSPECTION EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 64
TABLE 14 CLEANING EQUIPMENT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 65
TABLE 15 CLEANING EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 66
TABLE 16 REPAIR & REWORK EQUIPMENT MARKET, BY APPLICATION,
2013–2020 (USD MILLION) 67
TABLE 17 REPAIR & REWORK EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 68
TABLE 18 SMT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 70
TABLE 19 CONSUMER ELECTRONICS: SMT MARKET, BY EQUIPMENT,
2013–2020 (USD MILLION) 71
TABLE 20 CONSUMER ELECTRONICS: SCREEN PRINT EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 72
TABLE 21 CONSUMER ELECTRONICS: SOLDERING EQUIPMENTM ARKET, BY REGION,
2013–2020 (USD MILLION) 73
TABLE 22 CONSUMER ELECTRONICS: PLACEMENT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 73
TABLE 23 CONSUMER ELECTRONICS: INSPECTION EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 73
TABLE 24 CONSUMER ELECTRONICS: CLEANING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 74
TABLE 25 CONSUMER ELECTRONICS: REPAIR & REWORK EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 74
TABLE 26 CONSUMER ELECTRONICS: SMT MARKET, BY REGION, 2013–2020 (USD MILLION) 74
TABLE 27 TELECOMMUNICATION: SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 75
TABLE 28 TELECOMMUNICATION: SCREEN PRINT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 76
TABLE 29 TELECOMMUNICATION: SOLERING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 76
TABLE 30 TELECOMMUNICATION: PLACEMENT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 76
TABLE 31 TELECOMMUNICATION: INSPECTION EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 77
TABLE 32 TELECOMMUNICATION: CLEANING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 77
TABLE 33 TELECOMMUNICATION: REPAIR & REWORK EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 78
TABLE 34 TELECOMMUNICATION MARKET, BY REGION, 2013–2020 (USD MILLION) 78
TABLE 35 AEROSPACE & DEFENSE: SMT MARKET, BY EQUIPMENT,
2013–2020 (USD MILLION) 79
TABLE 36 AEROSPACE & DEFENSE: SCREEN PRINT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 80
TABLE 37 AEROSPACE & DEFENSE: SOLERING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 80
TABLE 38 AEROSPACE & DEFENSE: PLACEMENT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 81
TABLE 39 AEROSPACE & DEFENSE: INSPECTION EQUIPMENT MARKET, B Y REGION,
2013–2020 (USD MILLION) 81
TABLE 40 AEROSPACE & DEFENSE: CLEANING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 81
TABLE 41 AEROSPACE & DEFENSE: REPAIR & REWORK MARKET, BY REGION,
2013–2020 (USD MILLION) 82
TABLE 42 AEROSPACE & DEFENSE MARKET, BY REGION, 2013–2020 (USD MILLION) 82
TABLE 43 AUTOMOTIVE: SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 83
TABLE 44 AUTOMOTIVE: SCREEN PRINT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 84
TABLE 45 AUTOMOTIVE: SOLDERING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 85
TABLE 46 AUTOMOTIVE: PLACEMENT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 85
TABLE 47 AUTOMOTIVE: INSPECTION EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 85
TABLE 48 AUTOMOTIVE: CLEANING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 86
TABLE 49 AUTOMOTIVE: REPAIR& REWORK EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 86
TABLE 50 AUTOMOTIVE MARKET, BY REGION, 2013–2020 (USD MILLION) 87
TABLE 51 MEDICAL: SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 87
TABLE 52 MEDICAL: SCREEN PRINT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 88
TABLE 53 MEDICAL: SOLDERING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 88
TABLE 54 MEDICAL: PLACEMENT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 89
TABLE 55 MEDICAL: INSPECTION EQUIPMENT MARKET, BY GEOGRAPHY,
2013–2020 (USD MILLION) 89
TABLE 56 MEDICAL: CLEANING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 89
TABLE 57 MEDICAL: REPAIR & REWORK EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 90
TABLE 58 MEDICAL MARKET, BY REGION, 2013–2020 (USD MILLION) 90
TABLE 59 INDUSTRIAL: SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 91
TABLE 60 INDUSTRIAL: SCREEN PRINT EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 92
TABLE 61 INDUSTRIAL: SOLDERING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 93
TABLE 62 INDUSTRIAL: PLACEMENT EQUIPMENT MARKET, B Y REGION,
2013–2020 (USD MILLION) 93
TABLE 63 INDUSTRIAL: INSPECTION EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 93
TABLE 64 INDUSTRIAL: CLEANING EQUIPMENT MARKET, BY REGION,
2013–2020 USD MILLION) 94
TABLE 65 INDUSTRIAL: REPAIR & REWORK EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 94
TABLE 66 INDUSTRIAL MARKET, BY REGION, 2013–2020 (USD MILLION) 94
TABLE 67 ENERGY & POWER SYSTEMS MARKET, BY EQUIPMENT,
2013–2020 (USD MILLION) 95
TABLE 68 ENERGY & POWER SYSTEMS: SCREEN PRINT EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 96
TABLE 69 ENERGY & POWER SYSTEMS: SOLDERING EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 96
TABLE 70 ENERGY & POWER SYSTEMS: PLACEMENT EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 96
TABLE 71 ENERGY & POWER SYSTEMS: INSPECTION EQUIPMENT MARKET, BY REGION, 2013–2020 (USD MILLION) 97
TABLE 72 ENERGY & POWER SYSTEMS: CLEAING EQUIPMENT MARKET, BY REGION,
2013–2020 (USD MILLION) 97
TABLE 73 ENERGY & POWER SYSTEMS: REPAIR & REWORK EQUIPMENT MARKET,
BY REGION, 2013–2020 (USD MILLION) 98
TABLE 74 ENERGY & POWER SYSTEMS MARKET, BY REGION, 2013–2020 (USD MILLION) 98
TABLE 75 SMT MARKET, BY REGION, 2013–2020 (USD MILLION) 102
TABLE 76 NORTH AMERICA: SMT MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 105
TABLE 77 NORTH AMERICA: SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 105
TABLE 78 NORTH AMERICA: SMT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 106
TABLE 79 EUROPE: SMT MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 107
TABLE 80 EUROPE: SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 108
TABLE 81 EUROPE: SMT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 108
TABLE 82 APAC: SMT MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 111
TABLE 83 APAC: SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 111
TABLE 84 APAC: SMT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 112
TABLE 85 ROW: SMT MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 113
TABLE 86 ROW: SMT MARKET, BY EQUIPMENT, 2013–2020 (USD MILLION) 113
TABLE 87 ROW: SMT MARKET, BY APPLICATION, 2013–2020 (USD MILLION) 114
TABLE 88 NEW PRODUCT LAUNCHES, 2013–2015 118
TABLE 89 MOST SIGNIFICANT PARTNERSHIPS, AGREEMENTS & COLLABORATIONS IN THE SMT MARKET TILL 2015 119
TABLE 90 MERGERS AND ACQUISITIONS IN THE SMT MARKET 2015 120
TABLE 91 EXPANSIONS OF THE SMT MARKET TILL 2015 120
“
“LIST OF FIGURES
FIGURE 1 SURFACE-MOUNT TECHNOLOGY MARKET 17
FIGURE 2 GLOBAL SMT MARKET: RESEARCH DESIGN 19
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 24
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 25
FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION 26
FIGURE 6 ASSUMPTIONS 27
FIGURE 7 SMT MARKET, 2014–2020 (USD MILLION) 28
FIGURE 8 INSPECTION EQUIPMENT SEGMENT EXPECTED TO GROW AT THE FASTEST RATE DURING THE FORECAST PERIOD 29
FIGURE 9 SMT MARKET, BY APPLICATION, 2014 30
FIGURE 10 SMT GEOGRAPHIC MARKET SHARE 31
FIGURE 11 ATTRACTIVE MARKET OPPORTUNITIES IN THE SURFACE MOUNT TECHNOLOGY MARKET 32
FIGURE 12 INSPECTION EQUIPMENT SEGMENT EXPECTED TO GROW AT THE FASTEST RATE DURING THE FORECAST PERIOD 32
FIGURE 13 PLACEMENT EQUIPMENT SEGMENT HELD THE LARGEST SHARE OF SURFACE MOUNT TECHNOLOGY MARKET IN 2014 33
FIGURE 14 APAC MARKET EXPECTED TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD 34
FIGURE 15 CONSUMER ELECTRONICS SEGMENT EXPECTED TO DOMINATE THE SURFACE MOUNT TECHNOLOGY MARKET BY 2020 35
FIGURE 16 APAC MARKET TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 35
FIGURE 17 PLACEMENT EQUIPMENT SEGMENT TO DOMINATE THE SURFACE MOUNT TECHNOLOGY EQUIPMENT MARKET BY 2020 36
FIGURE 18 GROWING DEMAND FOR LED LIGHTING EXPECTED TO BOOST THE SMT MARKET 40
FIGURE 19 LED LIGHTING MARKET 44
FIGURE 20 SURFACE MOUNT TECHNOLOGY MARKET: VALUE CHAIN ANALYSIS 47
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS 48
FIGURE 22 PORTER’S FIVE FORCES ANALYSIS OF SMT MARKET – 2014 49
FIGURE 23 IMPACT ANALYSIS OF THREAT FROM OF NEW ENTRANTS 49
FIGURE 24 IMPACT ANALYSIS OF THREAT OF SUBSTITUTES 50
FIGURE 25 IMPACT ANALYSIS OF BARGAINING POWER OF SUPPLIERS 51
FIGURE 26 IMPACT ANALYSIS OF BARGAINING POWER OF BUYERS 52
FIGURE 27 IMPACT ANALYSIS OF INTENSITY OF COMPETITIVE RIVALRY 53
FIGURE 28 TYPES OF SMT EQUIPMENT 55
FIGURE 29 INSPECTION EQUIPMENT EXPECTED TO GROW AT A FASTER RATE THAN OTHER EQUIPMENT BETWEEN 2015 AND 2020 56
FIGURE 30 SCREEN PRINT EQUIPMENT MARKET IN APAC EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 58
FIGURE 31 CONSUMER ELECTRONICS APPLICATION OF PLACEMENT EQUIPMENT EXPECTED TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2014 62
FIGURE 32 INSPECTION EQUIPMENT MARKET IN APAC IS EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 65
FIGURE 33 CONSUMER ELECTRONICS APPLICATION EXPECTED TO DOMINATE THE CLEANING EQUIPMENT MARKET DURING THE FORECAST PERIOD 66
FIGURE 34 APAC REGION HELD THE LARGEST SHARE OF REPAIR & REWORK EQUIPMENT MARKET IN 2015 68
FIGURE 35 CONSUMER ELECTRONICS APPLICATION EXPECTED TO GROW AT THE HIGHEST RATE IN THE SMT MARKET BETWEEN 2015 AND 2020 71
FIGURE 36 PLACEMENT EQUIPMENT ACCOUNTED THE LARGEST SHARE IN CONSUMER ELECTRONICS APPLICATION MARKET IN 2015 72
FIGURE 37 SMT MARKET FOR TELECOMMUNICATION APPLICATION IN APAC EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 79
FIGURE 38 INSPECTION EQUIPMENT SEGMENT EXPECTED TO GROW AT THE FASTEST RATE IN THE AUTOMOTIVE MARKET BETWEEN 2015 AND 2020 84
FIGURE 39 SMT MARKET FOR MEDICAL APPLICATION IN APAC EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 91
FIGURE 40 PLACEMENT EQUIPMENT ACCOUNTED THE LARGEST SHARE IN INDUSTRIAL APPLICATION MARKET IN 2015 92
FIGURE 41 SMT MARKET FOR ENERGY & POWER SYSTEMS APPLICATION IN APAC EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 99
FIGURE 42 CHINA EXPECTED TO DOMINATE THE SMT MARKET DURING THE FORECAST PERIOD 101
FIGURE 43 APAC IS EXPECTED TO DOMINATE THE SMT MARKET DURING THE FORECAST PERIOD 103
FIGURE 44 NORTH AMERICAN MARKET SNAPSHOT: DEMAND WILL BE DRIVEN BY RISE IN CONSUMER ELECTRONICS AND AUTOMOTIVE COMPONENTS 104
FIGURE 45 PLACEMENT EQUIPMENT EXPECTED TO DOMINATE THE SMT MARKET IN NORTH AMERICA DURING THE FORECAST PERIOD 106
FIGURE 46 CONSUMER ELECTRONICS APPLICATION EXPECTED TO DOMINATE THE EUROPEAN SMT MARKET DURING THE FORECAST PERIOD 109
FIGURE 47 ROBUST PACE OF INDUSTRIALIZATION AND INFRASTRUCTURE DEVELOPMENT DRIVING THE GROWTH OF SMT MARKET IN APAC 110
FIGURE 48 PLACEMENT EQUIPMENT EXPECTED TO DOMINATE THE SMT MARKET IN APAC DURING THE FORECAST PERIOD 112
FIGURE 49 COMPANIES ADOPTED NEW PRODUCT LAUNCH AS THE KEY GROWTH STRATEGY BETWEEN 2013 AND 2015 115
FIGURE 50 MARKET SHARES OF TOP 6 PLAYERS IN THE SMT MARKET, 2014 116
FIGURE 51 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES—THE KEY STRATEGY BETWEEN 2013 AND 2015 117
FIGURE 52 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES—THE KEY STRATEGY 118
FIGURE 53 GEOGRAPHIC REVENUE MIX OF THE TOP 5 MARKET PLAYERS 121
FIGURE 54 ELECTRO SCIENTIFIC INDUSTRIES, INC.: COMPANY SNAPSHOT 122
FIGURE 55 ELECTRO SCIENTIFIC INDUSTRIES, INC.: SWOT ANALYSIS 124
FIGURE 56 FUJI MACHINE MANUFACTURING CO., LTD.: COMPANY SNAPSHOT 125
FIGURE 57 FUJI MACHINE MANUFACTURING CO., LTD: SWOT ANALYSIS 127
FIGURE 58 MYCRONIC AB: COMPANY SNAPSHOT 128
FIGURE 59 MYCRONIC AB: SWOT ANALYSIS 130
FIGURE 60 NORDSON CORP.: COMPANY SNAPSHOT 131
FIGURE 61 NORDSON CORP. : SWOT ANALYSIS 133
FIGURE 62 ORBOTECH LTD: COMPANY SNAPSHOT 134
FIGURE 63 ORBOTECH LTD.: SWOT ANALYSIS 136
FIGURE 64 CYBEROPTICS CORP.: COMPANY SNAPSHOT 137
FIGURE 65 HITACHI HIGH-TECHNOLOGIES CORP.: COMPANY SNAPSHOT 139
FIGURE 66 JUKI CORP.: COMPANY SNAPSHOT 141
FIGURE 67 VISCOM AG: COMPANY SNAPSHOT 143
“
