Quest for Speed & Flexibility in Electronics Manufacturing to Drive Demand for Surface Mount Technology (SMT) Equipment
The global market for Surface Mount Technology (SMT) Equipment is projected to reach US$5.7 billion by 2025 , driven by technological innovations in next-generation electronics, continued craze and rising demand for mobile communications devices, need for speed & flexibility in electronics manufacturing, and rise in number of electronic contract manufacturers. Surface mount technology (SMT) represents a method by which an electronic circuit is produced. The technology involves direct placement of electronic circuit components on the surface of printed circuit boards (PCBs). SMT significantly varies from conventional thru-hole soldering technology as it primarily uses principles and soldering equipment that typically differ from the traditional method, and provides enhanced electrical conductivity and more reliability than the thru-hole technology. All electronics hardware mass-manufactured today are produced using surface mount technology. World market for SMT equipment ...