Global Surface Mount Technology Equipment Market to Reach US$ 9.1...

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2026-06-04 06:31:50 -

Global Surface Mount Technology Equipment Market to Reach US$ 9.1 Billion by 2031 as Demand for Advanced Electronics and Smart Manufacturing Accelerates

The global surface mount technology (SMT) equipment market size stood at US$ 5.7 Bn in 2022 and is expected to increase at a CAGR of 5.9% from 2023 to 2031, reaching US$ 9.1 Bn by the end of 2031. The market is experiencing significant growth as electronics manufacturers worldwide accelerate production of compact, high-performance, and technologically advanced devices. Surface mount technology...

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