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SMT Software Poised for Growth
January 17, 2007 |Estimated reading time: Less than a minute
SAN ANTONIO The report, "World SMT Software Market," from Frost & Sullivan finds the SMT software industry set to grow from $312.4 million in 2006 to $558.3 million by 2013. Integration and communication interests on SMT lines will help drive the market.
Increases in equipment sales and automation, as well as improvements to process software, were named as contributing to growth in the sector. Demand for integration, communication, quality, and factory-level optimization are also factors, according to senior research analyst Lavanya Ram Mohan, who noted that the SMT industry's perception of software has changed favorably. To learn more about the report visit www.surface.frost.com.