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Surface Mount Technology Market by Equipment, by Application, and Region - Global Forecast to 2020NEW YORK, Nov. 18, 2015 /PRNewswire/ -- 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. 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. Read the full report: http://www.reportlinker.com/p03377276-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/surface-mount-technology-market-by-equipment-by-application-and-region---global-forecast-to-2020-300181139.html SOURCE Reportlinker |