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NEW YORK , June 14, 2022 /PRNewswire/ -- The "SMT Placement Equipment Market by End User and Geography - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the SMT placement equipment market between 2020 and 2025 is USD 627.46 million , as per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 6.04% during the projected period. The surge in demand for PCBs is notably driving the SMT placement equipment market growth. However, the high cost of deployment may impede market growth.
To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to analyst.
The SMT placement equipment market report is segmented by End User (consumer electronics, automotive, telecom, and others) and Geography (APAC, Europe , North America , MEA, and South America ).
View sample report for insights into the contribution of all the segments and regional opportunities
The SMT placement equipment market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market. To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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SMT Placement Equipment Market Scope
Accelerate at a CAGR of about 6.04%
APAC, Europe, North America, MEA, and South America
China, US, Germany, Japan, and UK
Leading companies, competitive strategies, consumer engagement scope
ASM Pacific Technology Ltd., Beijing Torch, Blakell Europlacer Ltd., FRITSCH GmBH, FUJI Corp., Hanwha Group, JUKI Automation Systems GmbH, Kulicke and Soffa Industries Inc., Mycronic AB, and Panasonic Corp.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:[email protected] Website: www.technavio.com/
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