DUBLIN, Mar 24, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Surface Mount Technology (SMT) Equipment - Global Strategic Business Report" report to their offering.
The report provides separate comprehensive analytics for the US, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. 
This report analyzes the worldwide markets for Surface Mount Technology (SMT) Equipment in US$ by the following Product Groups/Segments: 
- Screen Print Equipment (Manual Screen Print Equipment, Semiautomatic Screen Print Equipment, & Automatic Screen Print Equipment)
 - Placement Equipment Market (High-Speed Placement Equipment, Medium Speed Placement Equipment, & Low-Speed Placement Equipment)
 - Soldering Equipment (Reflow Oven, & Wave Oven)
 - Cleaning Equipment
 - Inspection Equipment (Optical Inspection Equipment, X-Ray Inspection Equipment, & Laser Inspection Equipment)
 - Repair and Rework Equipment (Manual Repair and Rework Equipment, & Semiautomatic Repair and Rework Equipment).
 
Key Topics Covered:
1. INDUSTRY OVERVIEW 
Surface Mount Technology 
A Prelude 
Surface Mount Technology Equipment 
Market Overview 
Opportunity Indicators 
Electronic Contract Manufacturers 
Key Consumer Segment of SMT Equipment 
Impact of 2007-2009 Economic Recession in Retrospect 
Market Recovers in 2010 
Market Turns Volatile Once Again Between 2011-2014 
Natural Disasters take a Toll on PCB Assemblies in 2011 & 2012 
Slows Down Growth Prospects for SMT Equipment 
Eurozone' Debt Crisis Drags SMT Equipment Market into the Red in 2012 & 2013 
US Too Sees Significant Erosion in Demand for SMT Equipment in 2012 & 2013 
Structural & Cyclical Downturn of Emerging Markets & Its Impact on the SMT Equipment Market During 2011-2013 
Resurgence in Growth Fundamentals Encourages an Optimistic Market Outlook 
Steady Acceleration in Global PMI Benefits Augurs Well for the Market 
Outlook 
Asia-Pacific Continues to be Hotspot for Growth 
`The Booming ECM Sector to Boost Demand for SMT Equipment in Asia-Pacific 
Is China Loosing Sheen? 
Competitive Scenario 
Value Added Services Become Key Differentiator 
Towards Consolidated Endeavors 
Key Vendors Impacting the SMT Equipment Industry 
2. NOTEWORTHY TRENDS & GROWTH DRIVERS 
Need for Speed & Flexibility in Electronics Manufacturing Industry Spur Growth 
Next Generation Electronics: Opens up Opportunities for SMT 
Shrinking PCB Size Paints Brighter Prospects 
Placement Equipment 
The Traditional Revenue Contributor 
Technological Innovations Set to Drive the Market in SMT Placement Equipment Market 
Machine Vision Gains Stronger Roots in SMT Placement Equipment Market 
Convergence Playing an Instrumental Role in Placement Equipment Market 
Screen Print Equipment 
The Fastest Growing Product Segment 
Market Drivers and Restraints for Various Screen-Printers 
Jet Printing Competes Stencil Printing in Screen Printer Market 
SMT Screen Printer Equipment Vendors Go for Integrated Solutions 
SMT Inspection Equipment Gain Traction as Focus Shifts from Detection to Prevention 
Rising Adoption of Lead-Free Solder Strengthens Sales of Inspection Equipment 
Right Timing' Influence Sales Patterns for SMT Inspection Equipment 
Repair and Rework also Drives Demand for AXIs 
Technological Advancements Spearheading Market Prospects for SMT Inspection Equipment 
Growing Package Complexity Driving Business Case for Advanced Inspection Equipment 
Drifting from Manual to Sensor-based Inspection Systems 
3D Inspection Solutions to Drive Growth 
Productivity Optimization Drive Opens New Ground for Next Generation AOIs 
AOI Segment Explores New Opportunities 
Second Generation AOI Control Solutions: Design is the Key for Success 
Advances in X-Ray Inspection Systems Drive Efficiency 
SMT Soldering Equipment Sees Strong Growth Prospects 
Trend-Setting Technologies 
Intensifying R&D to Foster Growth 
Lead-Free Solder: Emboldens Growth Opportunities 
Slow But Steady Growth Opportunities for SMT Cleaning Equipment 
Lead-Free Manufacturing Continues to Drive Demand 
Difficulties Faced in the Cleaning of Lead-free Equipment 
APT Drives the Market 
Impact of Government Regulations on SMT Cleaning Equipment 
Repair and Rework Emerge as an Integral Part of EMS 
Drive Demand for SMT Repair & Rework Equipment 
Esczalating Assembly Costs Drive Demand for Rework Equipment 
Growth in Electronic Manufacturing to Boost Market Prospects for SMT Equipment 
A Look into Key Electronic Device Markets Driving Demand for PCB Assemblies and Therefore Critical to SMT Equipment Demand 
Recovering Consumer Electronics Market to Spur Growth 
Opportunity Indicators 
Growing Adoption of Electronics in Automobiles Signals Prospects 
Opportunity Indicator 
Table 15: Increasing Electronic Content in Automobiles: A Comparative Analysis of Electronic Component & Software Value as a Percentage of Total Vehicle Value for Years 1975, 2000 & 2015 (includes corresponding Graph/Chart) 
Medical Device Industry Adds to the Demand for Advanced SMT Equipment 
Medical Device Miniaturization to Boost Demand 
Aerospace & Defense Sector 
Add Another Dimension 
LED Components Market 
A Business Case for SMT Equipment 
Demand for High-Mix' Equipment on Rise 
Manufacturers Go Green' 
Machine Vision: A Stitch in Time 
3. CHALLENGES AND MARKET RESTRAINTS 
SMT 
Not Completely Free of Defects 
Purchase Cycles Reward But Also Retard Growth 
Commoditization Kills Price Differentials 
Skewed Customer Profile Strains the Margins 
Used Equipment: The Threat is Real 
High Entry Barriers Hinder New Market Entrants 
Density Packing Voices Concerns for High Quality Placement and Inspection 
High False Calls and Escape Rates Dent Investor Confidence in SMT Inspection Equipment 
Multiple Technologies Cannibalize Sales for SMT Inspection Equipment 
Price Sensitivity: A Major Challenge for SMT Equipment 
Pricing Undercuts Market Leadership 
Challenges Faced by Advanced Manufacturing Industry 
Technology Challenges 
Constant Demand for Improved Processes and Materials 
Unstable Packaging 
Difficulty in Reworking Conflicts between Process Capability and Design Requirements 
Thermal Pad Voiding 
Futuristic Prospects 
4. THE TECH PRIMER 
Surface Mount Technology 
A Curtain Raiser 
Electronics Packaging Technology Prior to SMT 
Packaging Without Holes 
What Drives SMT Market? 
Benefits of Surface Mounting 
Higher Functional Density and Spatial Utilization 
Substantial Reduction in Costs and Board Weights 
Superior Electrical Performance 
Shortened Time-to-Market 
Initial Glitches 
Type I, II and III Surface Mount Assemblies 
Types of Surface Mount Packages 
Small Outline Integrated Circuits (SOICs) 
Plastic Leaded or Leadless Chip Carriers (PLCCs and LCCs) 
Chip Scale Packages (CSPs) 
Ball Grid Arrays (BGAs) 
Micro Ball Grid Array (microBGAs) 
Fine Pitch Devices 
Surface Mounting 
A Concise Overview of the Process 
Defects 
Intimidating Challenges to the Board Quality and Performance 
Sources of Defects 
Description of Process Related Defects 
Cost of Defects 
Surface Mount Design 
The First Step 
Designing Entails 80% of the Cost 
What are Land Patterns? 
Some Major Design Considerations 
Spatial Considerations 
Component Alignment Considerations 
Via Holes 
Number of Test Nodes 
Prototype Inspection 
Solder Paste Application/Paste Printing 
The Blue Print 
Important Considerations for Good Quality Printing 
Why Use Solder Paste? 
Which Type of Solder Paste to be Used? 
Prerequisites of an Ideal Solder Paste 
Regulations on the Usage of Solder Pastes 
Component Placement 
Mounting' 
Prerequisites for Precise Placement 
Soldering 
Making the Electrical Connections 
Reflow Soldering 
Wave Soldering 
Classification of Solder Joints 
Good Solder Joint 
Poor Solder Fillet 
Shorts 
Cleaning 
Wiping off the Contaminants 
Impact of Cleaning Processes on Component Choice 
Inspection 
Locating the Defects 
Visual/Manual Inspection 
Optical/Laser Inspection 
X-Ray Inspection 
Repair and Rework 
Setting the Defects Right 
Functional Testing 
The Ultimate Step 
Emerging Technologies, Challenges and the Roadmap for the Future 
5. INNOVATIONS 
Latest Advancement in SMT Technology 
Technological Innovations 
Importance of Absolute Encoder in SMT Placement 
Smart Feeder Technology 
Focus on Responsive and Flexible Manufacturing Lines 
Ensuring Lower Cost and Smaller Footprint 
Future Prospects 
6. PRODUCT OVERVIEW 
Surface Mount Technology 
An Introduction 
Classification of SMT Equipment 
Low-Range/Entry Level Machinery 
Mid-Range Machinery 
High-Range/High Level Machinery 
Used Equipment 
New Equipment 
SMT Screen Print Equipment 
Advantages of Screen Print Equipment 
Manual Screen Print Equipment 
Semiautomatic Screen Print Equipment 
Automatic Screen Print Equipment 
Screen Printing: Still a Relevant Technology 
SMT Placement Equipment 
On Basis of Technology 
Gantry/Cartesian Robots 
Turret Placement Systems 
On Basis of Speed 
High Speed Placement Systems 
Medium Speed Placement Systems 
Low Speed Placement Systems 
SMT Soldering Equipment 
Reflow Ovens 
Design Considerations 
Wave Ovens 
SMT Cleaning Equipment 
Aqueous Cleaning Equipment 
Semi-Aqueous 
Solvent Cleaning Equipment 
Traditional Solvents: Tarnished by Environmental Impact 
Ultrasonic Cleaning Equipment 
SMT Inspection Equipment 
Optical Inspection Systems: Camera Eyes the SMT Lines 
Manual Inspection Systems 
Automated Optical Injection 
Automated Optical Inspection Systems 
Technological Drivers 
Increasing Circuit Complexity and Density 
Improvements in Key Technology Components of AOI Systems 
Miniaturization Drive 
Advantages of AOIs 
Optical Inspection Systems for Yield Management 
Post-Print-Paste Inspection Machines 
Post-Placement Inspection Machines 
Post-Reflow Inspection Machines 
Post Reflow or Post Placement? 
X-Ray Inspection Equipment: X-Ploring the Unseen 
Major Design Considerations for Enhanced Performance 
Focal Spot Size 
Tube Voltage 
Geometric Magnification 
Tube Lifetime 
Standalone or Inline..? 
Types of X-Ray Equipment 
Manual X-Ray Inspection Systems 
Semi Automated X-Ray Inspection Systems 
Automated X-Ray Inspection Systems 
How to Improve Functionality of AXIs? 
False Failures 
Escape Rates 
False Failure Rates and Escape Rates: Striking the Balance 
Benefits of AXIs 
2 Dimensional X-Ray Systems 
3 Dimensional X-Ray Systems 
The Choice of the Ideal System 
Laser Inspection Systems 
Prerequisites of Laser Beams for High Precision Inspection 
Emerging Trends in Inspection Systems 
Next Gen' Inspection Systems Team up' to Fix' the Problems 
SMT Repair and Rework Equipment 
Manual Rework and Repair Equipment 
Semi-Automatic Rework and Repair Equipment 
SMT Equipment Markets: A Historic Backdrop 
After All, It's the Testing Time' 
7. END-USER PROFILE 
Important End Uses of Surface Mount Technology 
Telecommunications Soars Demand 
Healthcare Segment Reinforcing Growth in SMT Equipment Industry 
Enabling the Electronic Marvel 
From OEMs to CEMs and EMS Providers: Changing Customer Profile 
Electronic Manufacturing Services Industry: Bitten by Pricing Pressures 
8. PRODUCT INTRODUCTIONS/LAUNCHES 
Epson Launches Large-Format SureColor Screen Print Edition Printers 
Speedline Introduces MPM Edison, An Innovative New Platform of Next-Generation Printers 
9. RECENT INDUSTRY ACTIVITY 
Mycronic Acquires Automation Engineering 
Mycronic Acquires RoyoTech Digitalelektronik and Kognitec Vertrieb and Service 
Mycronic Signs Agreement to Acquire Shenzhen Axxon Automation Co 
Koh Young Technology to Continue the Exclusive SPI Partnership with Bosch 
AEM Components Enters into Distribution Partnership with Master Electronics 
Assembléon Acquires New Brand Name, Kulicke & Soffa 
Gen3 Systems Extends Distribution Agreement with Partnertec by Two Years 
Mycronic Appoints REStronics as Exclusive Representative for Southeast and Midwest Regions 
Nordson Acquires Dima Group 
Hunter Technology Acquires Spectral Response 
Plexus Expands Investment in SMT Line 
Valtronic Purchases New Surface Mount Assembly Equipment 
Valtronic Invests in AKS Typhoon 
T15-1 
10. FOCUS ON SELECT KEY PLAYERS 
ASM Assembly Systems GmbH & Co. KG (Germany) 
CyberOptics Corporation (US) 
Electro Scientific Industries, Inc. (US) 
Fuji Machine Manufacturing Co., Ltd. (Japan) 
Glenbrook Technologies, Inc. (US) 
Heller Industries, Inc. (US) 
Hitachi, Ltd. (Japan) 
Hitachi High Technologies Corporation (Japan) 
Illinois Tool Works, Inc. (US) 
Juki Corporation (Japan) 
Koh Young Technology, Inc. (South Korea) 
Kulicke & Soffa Pte Ltd. (Singapore) 
Mycronic AB (Sweden) 
Naprotek, Inc. (US) 
Nikon Metrology NV (Belgium) 
Nordson DAGE (UK) 
Omron Corporation (Japan) 
Orbotech, Ltd. (Israel) 
Saki Corporation (Japan) 
Teradyne, Inc. (US) 
Universal Instruments Corporation (US) 
Viscom AG (Germany) 
YXLON International GmbH (Germany) 
11. GLOBAL MARKET PERSPECTIVE
For more information about this report visit http://www.researchandmarkets.com/research/85v4vq/surface_mount
Media Contact:
Laura Wood, Senior Manager 
press@researchandmarkets.com  
For E.S.T Office Hours Call 1-917-300-0470 
For U.S./CAN Toll Free Call 1-800-526-8630 
For GMT Office Hours Call +353-1-416-8900 
U.S. Fax: 646-607-1907 
Fax (outside U.S.): +353-1-481-1716
Share this article