Analysis of the Southeast Asian Surface Mount Technology (SMT) Equipment Hardware Market : Increasing Demand from Growing Industries Will Drive Growth
This research service provides information on the Southeast Asian SMT equipment market. The study provides an analysis of the total market as well as segments by country (Singapore, Malaysia, Thailand,Indonesia, Vietnam, and the Philippines), product types, end users, market competition, and distribution channels. The revenue forecast is provided at regional and country levels till 2020, with 2015 as the base year. Historical data from 2011 to 2014 has also been included. The end-user segments that have been included are: electronics, automotive, aerospace, medical, computing and storage, telecom, industrial, and others. Four types of products have been included: pick-and-place, inspection, screen printer, and reflow oven.
Surface Mount Technology (SMT) equipment hardware market is at a growth stage, bolstered by newly set up manufacturing sites in Southeast Asia.
-The SMT equipment hardware market is estimated to grow at a Compound Annual Growth Rate (CAGR) of % during 2015–2020.
-Migration of electronics manufacturing from China to Southeast Asia is boosting capital investments in SMT hardware and software, driving the growth of the market.
-The key end users for SMT equipment hardware are consumer electronics and automotive which together accounted for % of the market in 2015. Automotive is expected to account for % of the market in the next years.
-The key regions for SMT equipment hardware include Thailand and Vietnam that together accounted for % of the market in 2015. The latter is expected to grow at a CAGR of % during 2015–2020.
-With low levels of product differentiation on the hardware side and increasing competitive pressure, SMT equipment manufacturers have started to focus on providing value addition through software to differentiate their products from their competitors.
-The ability to provide line solutions is an emerging competitive trend which is likely to result in some impact on vendors and distributors that do not provide complete solutions to customers.
Key Questions This Study Will Answer
-Is the market growing, how long will it continue to grow, and at what rate? What are the key factors driving/restraining market growth?
-What are the key trends in terms of SMT equipment in the market?
-Which are the high-growth segments, and how is the market segmented by end-user verticals?
-What is the mode of distribution for the overall market and for the individual technology segments?
-How is the competitive landscape in this market? What are the key competitive trends?
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