Surface Mount Technology Market Share

Statistics for the 2023 & 2024 Surface Mount Technology market share, created by Mordor Intelligence™ Industry Reports. Surface Mount Technology share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Surface Mount Technology Industry

The Surface Mount Technology market comprises several global and regional players, such as Fuji Machine Manufacturing Co., Ltd., Yamaha Motor Co., Ltd., Panasonic Corporation, Mycronic AB, etc., who are vying for attention in a contested market space. The market is moderately fragmented and poses high barriers to entry for new players.

  • July 2022 - GJD committed to an investment in a new top-of-the-range Hanwha Techwin SM482 Plus Surface Mount Technology (SMT) machine. The new machine will enable high-speed automation during the electronic assembly process and, additionally, drive efficiency and the bottom-line impact of GJD's carbon footprint.
  • October 2022 - Keystone Electronics expanded its product portfolio of ultra-flat surface mount thread inserts with the launch of metric and inch-threaded versions. The surface mount inserts are now available in metric thread (M2.5, M3, M4) or inch thread (2-56, 4-40, 6-32). The special packaging and design makes it quick and easy to add tin-coated steel thread inserts to printed circuit boards.

Surface Mount Technology (SMT) Market Leaders

  1. Fuji Machine Manufacturing Co., Ltd.

  2. Yamaha Motor Co., Ltd.

  3. Panasonic Corporation

  4. Mycronic AB

  5. ASM Assembly Systems GmbH & Co. KG

*Disclaimer: Major Players sorted in no particular order

Surface Mount Technology Market Concentration

Surface Mount Technology Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)