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SMT Equipment Sales to Top $5.6 Billion, According to Report
Written by Philip Buonpastore
Thursday, 13 March 2008
SAN JOSE, CA - Global Industry Analysts, Inc. has released a
report suggesting that the worldwide market for Surface Mount
Technology (SMT) equipment will see favorable growth over the
next few years. The report stated that key factors driving growth
include component miniaturization, technology advancements and
mandatory legislation.
The report cites an increased demand for efficient packaging that offers the cost-effective placement of electronic components
onto the ever-decreasing size of the printed circuit board.
Accordingly, the report claims that the market for SMT equipment is
poised to exceed $5.6 billion by the end of the year 2010, and that the
Asia-Pacific region offers the most opportunities for the global SMT
industry. It projects annual sales of SMT equipment in the area to grow
at a compounded annual rate of 13.3% over the years 2001 through 2010.
SMT equipment sales in the U.S. totaled an estimated $718 million in
2006, while sales in Latin America are projected to exceed $146 million
in 2009.
The report states that the primary drivers of SMT equipment sales will
be Agilent Technologies, FeinFocus USA, Glenbrook Technologies, Phoenix
X-Ray Systems and Services, Teradyne, and Universal Instruments, among
others.
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