Report Code: A09833 | Pages: NA | Mar 2023 | 2110 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Surface Mount Device Semiconductor Market
Request Now !Surface mount device is a mounting electrical component onto the printed circuit boards (PCB) to produce electronic circuits. Components on PCB have small metal tabs, which are soldered. Benefits of using surface mount devices are they have sophisticated component density as components can be mounted on both sides of PCB and are smaller in size.Â
Surface mounted device use various components such as transistors, diodes, and integrated circuits, which have lower initial costs. Therefore, it has its applications in various industries involving electronic devices. Increase in demand for smart devices has led to increase in demand for surface mount device as majorly electronic components require surface mount devices. Innovations in the semiconductor industry paves way for improved and better surface mount devices. Â
The global surface mount device semiconductor market is segmented on the basis of component, equipment, end users and region. Based on component, the market is divided into transistor & diodes, and integrated circuits. In terms of equipment, the market is categorized into coating equipment, solder equipment, rework & repair equipment, and others. On the basis of end users the market is divided consumer electronics, telecommunication, medical, automotive, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global surface mount device semiconductor industry include Viscom AG, Mycronic AB, Fuji Machine Mfg. Co. Ltd., Mirtech, Nordson Corporation, ASML Holding, Panasonic corporation, Omron Corporation, Hitachi Corporation, and JUTZE intelligence Technology Co.,Ltd.. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global surface mount device semiconductor market.
Surface Mount Device Semiconductor Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available For Years | 2019–2027 |
Base Year Considered | 2019 |
Forecast Period | 2020–2027 |
Forecast Units | Value (USD) |
Segments Covered | Component, Equipment, End Users, and Region |
Region Covered | North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) |
Companies Covered | Viscom AG, Mycronic AB, Fuji Machine Mfg. Co. Ltd., Mirtech, Nordson Corporation, ASML Holding, Panasonic corporation, Omron Corporation, Hitachi Corporation, and JUTZE intelligence Technology Co., Ltd. |
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COVID-19 Scenario AnalysisÂ
New innovations in consumer electronics industry has led to its consistent growth. The growing need for additional components in a product has led to the development of smaller electrical components which occupy less area. The use of surface mount devices has led to smaller, light weight and portable devices. As the available space on PCB is used in most optimum manner, the device is compact. With the increased number of components in the surface mount devices, managing its thermal power requirements with limited space in the device pose a challenge and hinder their market growth. Furthermore, increase in demand for LED lighting also leads to surface mount device semiconductor market growth.
Mitsubishi Electric Corporation launched a surface mount device package- Intelligent Power Module (IPM) to improve the implementation of low-cost inverter systems, owing to its package design and compactness. This product has flourished the market as it provides simplified design for inverter systems, downsizing of inverter systems possible, and protection features for advanced flexible inverter systems designs. As the global environmental regulations are directed toward energy conservation, these surface mount devices are being used in small fan motors and AC systems.
Healthcare is the emerging sector in using surface mount device semiconductors. Entry of automated and electronics products in the healthcare industry have increased opportunities for growth of surface mount device semiconductors. Moreover, minimum operating and maintenance cost apart from ease of operations are the factors behind this segment’s increased demand. Surge in demand for high quality surface mount devices from contract manufacturers and OEM manufacturers is expected to grow the market in the industrial sector.
Key Segments Covered
Segments | Sub-Segments |
Components |
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Equipment |
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End users |
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Key Benefits of the Report
Questions Answered in the Surface Mount Device Semiconductor Market Research Report
Surface Mount Device Semiconductor Market Report Highlights
Aspects | Details |
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By Component |
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By Equipment |
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By End users |
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By Region |
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Key Market Players | Viscom AG,, Mycronic AB,, Fuji Machine Mfg. Co. Ltd., Mirtech, Nordson Corporation, ASML Holding, Panasonic corporation, Omron Corporation, Hitachi Corporation, JUTZE intelligence Technology Co., Ltd. |
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