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SMT Mounter Market Size Projected to Reach $5.06 Billion by 2030
December 23, 2024 | openPREstimated reading time: 1 minute
According to the new market research report "Global SMT (Surface-mount Technology) Mounter Market Report 2024-2030", published by QYResearch, the global SMT (Surface-mount Technology) Mounter market size is projected to reach USD 5.06 billion by 2030, at a CAGR of 4.7% during the forecast period.
An SMT (Surface-Mount Technology) mounter, also known as an SMT placement machine, is a highly automated device used in the electronics manufacturing industry to place surface-mounted components (SMCs) onto printed circuit boards (PCBs) with precision and speed. These machines are critical in modern electronics production, enabling the assembly of high-density and miniaturized electronic devices.
The SMT mounter market is a key segment within the electronics manufacturing equipment industry. With the growing demand for compact, high-performance electronic devices, SMT mounters have become essential for achieving production efficiency and maintaining quality.
Key Market Drivers
Growing Electronics Manufacturing Industry: The rising adoption of electronic devices globally, including smartphones, laptops, and IoT devices, is boosting the demand for SMT mounters. Increased use of advanced PCBs in sectors like automotive, aerospace, and telecommunications further drives the market. Miniaturization of Components: With trends towards smaller and lighter electronic devices, SMT mounters are essential for precise placement of miniaturized components on densely packed PCBs. Rising Demand for Automation: The focus on automation in manufacturing to improve efficiency and reduce human error is accelerating the adoption of SMT mounters.
Market Restraints
High Initial Costs: The advanced technology of SMT mounters leads to high initial investment, which can be a barrier for smaller manufacturers. Maintenance and Operational Challenges: Complex machinery requires skilled operators and regular maintenance, which can increase operational costs. Dependence on Electronics Market Cycles: The market is sensitive to fluctuations in the demand for electronics, affecting the growth of SMT mounters.
Opportunities
Emerging Applications: Growth in the IoT, EV, and 5G markets creates new opportunities for SMT mounters. Customization and Prototyping: Increased demand for flexible machines catering to diverse production needs and smaller batch sizes. Expanding Automation in SMEs: Small and medium-sized enterprises adopting SMT mounters for automation present untapped potential.
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SMT007 Magazine July—What’s Your Competitive Sweet Spot?
07/01/2025 | I-Connect007 Editorial TeamAre you in a niche that’s growing or shrinking? Is it time to reassess and refocus? We spotlight companies thriving by redefining or reinforcing their niche—what are their insights? In the July 2025 issue of SMT007 Magazine, we spotlight companies thriving by redefining or reinforcing their niche and offer insights to help you evaluate your own.
Europlacer Expands U.S. Reach with New Eastern Region Representative
06/30/2025 | EuroplacerEuroplacer, a global leader in flexible SMT assembly solutions for High-Mix manufacturers, is pleased to announce the appointment of Photo Chemical Systems as its new representative for the Eastern United States.
Robotas Expands European Representative Network with New Strategic Partnerships
06/26/2025 | Robotas Technologies Ltd.Robotas Technologies Ltd. is pleased to announce the expansion of its global sales representative network in Central and Eastern Europe through new partnerships with Weißer SMT Solutions in Germany and MicroVision Technologies (MVTech) in Romania and Hungary.
The Knowledge Base: Building the Workforce of Tomorrow With EMAC
06/24/2025 | Mike Konrad -- Column: The Knowledge BaseAs the electronics manufacturing industry races to meet rising global demand and technological complexity, the need for a highly skilled, future-ready workforce has never been greater. At the forefront of addressing this challenge is The Electronics Manufacturing & Assembly Collaborative (EMAC)—a national initiative dedicated to strengthening the talent pipeline through strategic collaboration with SMTA, education, and government stakeholders.
SMTA: High Reliability Cleaning and Conformal Coating Conference Program Announced
06/20/2025 | SMTAThe SMTA is pleased to announce the technical program for the High Reliability Cleaning and Conformal Coating Conference. The event will be held August 12-14, 2025 in Dallas, Texas, at the Westin DFW Airport.