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This study analyzes growth opportunities and current trends in the global surface mount technology (SMT) equipment market, which includes SMT placement equipment, SMT inspection equipment, SMT soldering equipment, SMT screen printers, and SMT dispensers. The increasing complexity of electronic assembly and the miniaturization of components have increased the demand for SMT equipment. As the size of the electronics boards and components becomes more miniaturized than before, the companies encounter the challenge of placing accurate deposits of small components on miniaturized boards with respect to their size. This factor increases the demand for advanced SMT equipment with a high degree of reliability and accuracy. The study includes product, regional, technology, and competition analyses in each segment for more accurate market intelligence to aid business decisions.
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