Smd Taping Machine Market
SMD Taping Machine Market Forecasts to 2030 - Global Analysis By Type (Automatic SMD Taping Machine, Semi-Automatic SMD Taping Machine and Other Types), Application (Consumer Electronics, Automotive, Medical Devices, Industrial and Other Applications) and by Geography
|
CAGR (2023 - 2030) |
7.6% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Europe |
According to Stratistics MRC, the Global SMD Taping Machine Market is growing at a CAGR of 7.6% during the forecast period. A specialized piece of machinery used in the electronics manufacturing sector for handling and packaging surface mount components is the SMD (Surface Mount Device) Taping Machine. In order to enable effective and rapid production, this machine is essential in automating the process of taping and packaging individual SMD components onto reels. For automated pick-and-place assembly machines, SMD components like integrated circuits, resistors, and capacitors are usually supplied in tape-and-reel packaging. Moreover, the SMD Taping Machine facilitates a smooth integration of these components into the surface mount assembly line by precisely aligning and placing them onto carrier tapes.
According to the International Association of Electronics Packaging and Assembly (IAEPA), the adoption of advanced SMD Taping Machines has significantly improved the efficiency and precision of surface mount component packaging processes in the electronics manufacturing industry.
Market Dynamics:
Driver:
Automating electronics manufacturing
The need for improved operational efficiency and a decrease in the use of manual labor is what is driving the trend towards automation in the electronics manufacturing industry. This change is largely due to SMD taping machines, which provide a smooth, automated way to package surface-mount components onto reels. Additionally, manufacturers are incorporating these machines as a basic part of contemporary assembly lines in an effort to increase productivity and reduce human error.
Restraint:
Exorbitant initial expenses
The high upfront cost of purchasing and deploying this cutting-edge machinery is one of the main obstacles to the widespread adoption of SMD taping machines. Furthermore, smaller manufacturers or companies with tighter budgets may find it difficult to afford the high upfront expenditures, which make it more difficult for them to invest in automation and benefit from the increased efficiency that SMD Taping Machines provide.
Opportunity:
Innovation and technological advancements
SMD taping machine functionality can be improved by utilizing current technological developments, such as the incorporation of AI, machine learning, and sophisticated sensors. Moreover, robotics and vision system advancements can further increase the accuracy and speed of these devices, enabling producers to remain at the forefront of automation technology and provide cutting-edge electronics industry solutions.
Threat:
Fierce rivalry in the market
The fierce competition among manufacturers vying for market share poses a threat to the SMD Taping Machine market. Additionally, as the market for advanced packaging solutions expands, new players and competitors may launch competing products, which could result in lower profit margins, price wars, and difficulties for market leaders to set themselves apart from the competition.
Covid-19 Impact:
The COVID-19 pandemic has created obstacles and disruptions in the electronics manufacturing industry, which has had a significant effect on the market for SMD tape machines. Lockdowns, travel bans, and disruptions to the supply chain caused manufacturing to slow down, which extended project timelines and decreased demand for automation equipment. Furthermore, manufacturers cautious spending was further influenced by the uncertainty surrounding the scope and duration of the pandemic, which had an effect on new investments in SMD taping machines. The market as a whole briefly shrank, but the industry proved resilient by putting safety measures in place and adjusting to remote work.
The Automatic SMD Taping Machine segment is expected to be the largest during the forecast period
The segment with the largest market share is the Automatic SMD Taping Machine. This dominance can be linked to the electronics industry's growing inclination toward fully automated, high-throughput manufacturing processes. The speed, accuracy, and efficiency of automatic SMD taping machines are greatly enhanced, enabling manufacturers to seamlessly integrate their products into automated production lines. Moreover, automatic SMD taping machines are the go-to option for large-scale electronics manufacturing operations due to their high market share and increased demand for increased productivity and lower labor costs.
The Consumer Electronics segment is expected to have the highest CAGR during the forecast period
The Consumer Electronics segment has the highest CAGR. One of the main factors contributing to the rising demand in this market is the robust growth in consumer electronics, which includes wearables, tablets, smartphones, and other portable devices. Automatic SMD taping machines are essential to the production of consumer electronics because of their accurate and fast packaging capabilities. Additionally, they also help to achieve the efficiency and scalability needed in this ever-changing market. In order to keep up with the ever-changing design and component requirements, the consumer electronics industry, with its relentless pace of innovation and shorter product lifecycles, requires sophisticated automation solutions like SMD taping machines.
Region with largest share:
Asia-Pacific region holds the largest share in the SMD Taping Machine industry. The region's prominence can be attributed to its status as a global center of manufacturing, specifically in the electronics industry. Due to their large concentration of electronics manufacturing facilities, nations like China, Japan, South Korea, and Taiwan play a significant role in the market. Furthermore, robust automotive manufacturing, the fast-growing consumer electronics market, and the presence of significant industrial and technology sectors all contribute to the high demand for SMD taping machines, which benefits the Asia-Pacific region.
Region with highest CAGR:
The SMD tape machine market is growing at the highest CAGR in the European region. A well-established electronics manufacturing industry, especially in nations like Germany, the UK, and the Nordic countries, benefits the European market. SMD Taping Machines are steadily becoming more and more popular in the region because of their emphasis on technological advancements, adherence to high standards, and the presence of important industries like aerospace, medical devices, and automobiles. Moreover, SMD taping machines and other advanced automation solutions are in high demand as European manufacturers strive to meet strict regulations, boost efficiency, and optimize production processes.
Key players in the market
Some of the key players in SMD Taping Machine market include Fuji Machine Manufacturing Co., Ltd, Panasonic Corporation, ASM Assembly Systems GmbH & Co. KG, Yamaha Motor Co., Ltd, Samsung Techwin, Mycronic AB, Universal Instruments Corporation and Juki Corporation.
Key Developments:
In November 2023, Panasonic Avionics and SKY Perfect JSAT Corporation have signed an agreement for the provision of Gbps-class Ku-band capacity on the Superbird-9 satellite, as part of Panasonic Avionics’ expansion plans to provide improved inflight connectivity over Japan. Service on Superbird-9 is set to begin in the first half of 2027.
In November 2023, Juki Technosolutions Corporation, established in July 2022 after the merger of the non-apparel divisions of Juki Corporation and Meiryo Technica Corporation which is a wholly owned subsidiary of Mitsubishi Electric Corporation, has launched an inaugural product line ‘PLK-J series’ of Computer-controlled Cycle Sewing Machines.
In September 2023, Yamaha Motor Co has announced today that it has reached an agreement to have Chongqing Jianshe Mechanical and Electric Co Ltd, a current partner of the company's motorcycle manufacturing joint venture in China, Zhuzhou Jianshe Yamaha Motor Co (ZJYM), to transfer ZJYM's equity interest to Zhejiang CFMoto Power Co (CFMOTO). The name of the new business will be Zhuhou CF Yamaha Motor Co (ZCYM).
Types Covered:
• Automatic SMD Taping Machine
• Semi-Automatic SMD Taping Machine
• Other Types
Applications Covered:
• Consumer Electronics
• Automotive
• Medical Devices
• Industrial
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global SMD Taping Machine Market, By Type
5.1 Introduction
5.2 Automatic SMD Taping Machine
5.3 Semi-Automatic SMD Taping Machine
5.4 Other Types
6 Global SMD Taping Machine Market, By Application
6.1 Introduction
6.2 Consumer Electronics
6.3 Automotive
6.4 Medical Devices
6.5 Industrial
6.6 Other Applications
7 Global SMD Taping Machine Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Fuji Machine Manufacturing Co., Ltd
9.2 Panasonic Corporation
9.3 ASM Assembly Systems GmbH & Co. KG
9.4 Yamaha Motor Co., Ltd
9.5 Samsung Techwin
9.6 Mycronic AB
9.7 Universal Instruments Corporation
9.8 Juki Corporation
List of Tables
1 Global SMD Taping Machine Market Outlook, By Region (2021-2030) ($MN)
2 Global SMD Taping Machine Market Outlook, By Type (2021-2030) ($MN)
3 Global SMD Taping Machine Market Outlook, By Automatic SMD Taping Machine (2021-2030) ($MN)
4 Global SMD Taping Machine Market Outlook, By Semi-Automatic SMD Taping Machine (2021-2030) ($MN)
5 Global SMD Taping Machine Market Outlook, By Other Types (2021-2030) ($MN)
6 Global SMD Taping Machine Market Outlook, By Application (2021-2030) ($MN)
7 Global SMD Taping Machine Market Outlook, By Consumer Electronics (2021-2030) ($MN)
8 Global SMD Taping Machine Market Outlook, By Automotive (2021-2030) ($MN)
9 Global SMD Taping Machine Market Outlook, By Medical Devices (2021-2030) ($MN)
10 Global SMD Taping Machine Market Outlook, By Industrial (2021-2030) ($MN)
11 Global SMD Taping Machine Market Outlook, By Other Applications (2021-2030) ($MN)
12 North America SMD Taping Machine Market Outlook, By Country (2021-2030) ($MN)
13 North America SMD Taping Machine Market Outlook, By Type (2021-2030) ($MN)
14 North America SMD Taping Machine Market Outlook, By Automatic SMD Taping Machine (2021-2030) ($MN)
15 North America SMD Taping Machine Market Outlook, By Semi-Automatic SMD Taping Machine (2021-2030) ($MN)
16 North America SMD Taping Machine Market Outlook, By Other Types (2021-2030) ($MN)
17 North America SMD Taping Machine Market Outlook, By Application (2021-2030) ($MN)
18 North America SMD Taping Machine Market Outlook, By Consumer Electronics (2021-2030) ($MN)
19 North America SMD Taping Machine Market Outlook, By Automotive (2021-2030) ($MN)
20 North America SMD Taping Machine Market Outlook, By Medical Devices (2021-2030) ($MN)
21 North America SMD Taping Machine Market Outlook, By Industrial (2021-2030) ($MN)
22 North America SMD Taping Machine Market Outlook, By Other Applications (2021-2030) ($MN)
23 Europe SMD Taping Machine Market Outlook, By Country (2021-2030) ($MN)
24 Europe SMD Taping Machine Market Outlook, By Type (2021-2030) ($MN)
25 Europe SMD Taping Machine Market Outlook, By Automatic SMD Taping Machine (2021-2030) ($MN)
26 Europe SMD Taping Machine Market Outlook, By Semi-Automatic SMD Taping Machine (2021-2030) ($MN)
27 Europe SMD Taping Machine Market Outlook, By Other Types (2021-2030) ($MN)
28 Europe SMD Taping Machine Market Outlook, By Application (2021-2030) ($MN)
29 Europe SMD Taping Machine Market Outlook, By Consumer Electronics (2021-2030) ($MN)
30 Europe SMD Taping Machine Market Outlook, By Automotive (2021-2030) ($MN)
31 Europe SMD Taping Machine Market Outlook, By Medical Devices (2021-2030) ($MN)
32 Europe SMD Taping Machine Market Outlook, By Industrial (2021-2030) ($MN)
33 Europe SMD Taping Machine Market Outlook, By Other Applications (2021-2030) ($MN)
34 Asia Pacific SMD Taping Machine Market Outlook, By Country (2021-2030) ($MN)
35 Asia Pacific SMD Taping Machine Market Outlook, By Type (2021-2030) ($MN)
36 Asia Pacific SMD Taping Machine Market Outlook, By Automatic SMD Taping Machine (2021-2030) ($MN)
37 Asia Pacific SMD Taping Machine Market Outlook, By Semi-Automatic SMD Taping Machine (2021-2030) ($MN)
38 Asia Pacific SMD Taping Machine Market Outlook, By Other Types (2021-2030) ($MN)
39 Asia Pacific SMD Taping Machine Market Outlook, By Application (2021-2030) ($MN)
40 Asia Pacific SMD Taping Machine Market Outlook, By Consumer Electronics (2021-2030) ($MN)
41 Asia Pacific SMD Taping Machine Market Outlook, By Automotive (2021-2030) ($MN)
42 Asia Pacific SMD Taping Machine Market Outlook, By Medical Devices (2021-2030) ($MN)
43 Asia Pacific SMD Taping Machine Market Outlook, By Industrial (2021-2030) ($MN)
44 Asia Pacific SMD Taping Machine Market Outlook, By Other Applications (2021-2030) ($MN)
45 South America SMD Taping Machine Market Outlook, By Country (2021-2030) ($MN)
46 South America SMD Taping Machine Market Outlook, By Type (2021-2030) ($MN)
47 South America SMD Taping Machine Market Outlook, By Automatic SMD Taping Machine (2021-2030) ($MN)
48 South America SMD Taping Machine Market Outlook, By Semi-Automatic SMD Taping Machine (2021-2030) ($MN)
49 South America SMD Taping Machine Market Outlook, By Other Types (2021-2030) ($MN)
50 South America SMD Taping Machine Market Outlook, By Application (2021-2030) ($MN)
51 South America SMD Taping Machine Market Outlook, By Consumer Electronics (2021-2030) ($MN)
52 South America SMD Taping Machine Market Outlook, By Automotive (2021-2030) ($MN)
53 South America SMD Taping Machine Market Outlook, By Medical Devices (2021-2030) ($MN)
54 South America SMD Taping Machine Market Outlook, By Industrial (2021-2030) ($MN)
55 South America SMD Taping Machine Market Outlook, By Other Applications (2021-2030) ($MN)
56 Middle East & Africa SMD Taping Machine Market Outlook, By Country (2021-2030) ($MN)
57 Middle East & Africa SMD Taping Machine Market Outlook, By Type (2021-2030) ($MN)
58 Middle East & Africa SMD Taping Machine Market Outlook, By Automatic SMD Taping Machine (2021-2030) ($MN)
59 Middle East & Africa SMD Taping Machine Market Outlook, By Semi-Automatic SMD Taping Machine (2021-2030) ($MN)
60 Middle East & Africa SMD Taping Machine Market Outlook, By Other Types (2021-2030) ($MN)
61 Middle East & Africa SMD Taping Machine Market Outlook, By Application (2021-2030) ($MN)
62 Middle East & Africa SMD Taping Machine Market Outlook, By Consumer Electronics (2021-2030) ($MN)
63 Middle East & Africa SMD Taping Machine Market Outlook, By Automotive (2021-2030) ($MN)
64 Middle East & Africa SMD Taping Machine Market Outlook, By Medical Devices (2021-2030) ($MN)
65 Middle East & Africa SMD Taping Machine Market Outlook, By Industrial (2021-2030) ($MN)
66 Middle East & Africa SMD Taping Machine Market Outlook, By Other Applications (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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