India Surface Mount Technology Market (2025-2031) Outlook | Trends, Industry, Value, Companies, Analysis, Forecast, Size, Share, Revenue & Growth

Market Forecast By Equipment (Inspection Equipment, Placement Equipment, Soldering Equipment, Screen Printing Equipment, Cleaning Equipment, Repair & Rework Equipment), By End User Industry (Consumer Electronics, Telecommunication, Aerospace & Defence, Automotive, Medical, Industrial, Energy & Power Systems), By Component (Active Component, Passive Component), By Service (Designinig, Test & Prototype, Supply Chain Services, Manufacturing, Aftermarket Services) And Competitive Landscape
Product Code: ETC4451005 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Surface Mount Technology Market Overview

Surface Mount Technology (SMT) is a key manufacturing process for electronic components. With the growth of the electronics and semiconductor industry in India, the SMT market is thriving. It offers more efficient and cost-effective methods for electronic assembly and manufacturing.

Drivers of the Market

The surface mount technology market in India is primarily driven by the electronics manufacturing industry. Surface mount technology is essential for miniaturization and automation in electronics assembly. With the "Make in India" initiative and the rising demand for consumer electronics, the market is witnessing significant growth.

Challenges of the Market

The surface mount technology market in India is challenged by the need for highly skilled technicians and engineers who can operate and maintain advanced SMT equipment. The market also grapples with the need for consistency and precision in component placement and soldering, which can be affected by environmental factors like humidity. Manufacturers must invest in research and development to create more reliable and robust SMT solutions.

COVID-19 Impact on the Market

The COVID-19 pandemic impacted the surface mount technology (SMT) market in India as it disrupted manufacturing and supply chain operations. SMT is crucial in electronics manufacturing, and while the market faced delays, the need for SMT equipment remained consistent. The market gradually recovered as manufacturing operations resumed.

Key Players in the Market

The India surface mount technology (SMT) market is witnessing robust growth, driven by the demand for miniaturized and high-density electronic devices. Key players in this market include ASM Assembly Systems, Mycronic, and Nordson Corporation, which provide advanced SMT equipment and solutions. These companies offer innovative technologies that enable efficient PCB assembly and manufacturing processes, meeting the increasing demand for compact electronic devices in India burgeoning consumer electronics and automotive industries. Local SMT equipment manufacturers also play a significant role in serving specific market segments.

Key Highlights of the Report:

  • India Surface Mount Technology Market Outlook
  • Market Size of India Surface Mount Technology Market, 2024
  • Forecast of India Surface Mount Technology Market, 2031
  • Historical Data and Forecast of India Surface Mount Technology Revenues & Volume for the Period 2021-2031
  • India Surface Mount Technology Market Trend Evolution
  • India Surface Mount Technology Market Drivers and Challenges
  • India Surface Mount Technology Price Trends
  • India Surface Mount Technology Porter's Five Forces
  • India Surface Mount Technology Industry Life Cycle
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Equipment for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Inspection Equipment for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Placement Equipment for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Soldering Equipment for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Screen Printing Equipment for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Cleaning Equipment for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Repair & Rework Equipment for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By End User Industry for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Consumer Electronics for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Telecommunication for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Aerospace & Defence for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Medical for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Energy & Power Systems for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Active Component for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Passive Component for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Service for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Designinig for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Test & Prototype for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Supply Chain Services for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Manufacturing for the Period 2021-2031
  • Historical Data and Forecast of India Surface Mount Technology Market Revenues & Volume By Aftermarket Services for the Period 2021-2031
  • India Surface Mount Technology Import Export Trade Statistics
  • Market Opportunity Assessment By Equipment
  • Market Opportunity Assessment By End User Industry
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Service
  • India Surface Mount Technology Top Companies Market Share
  • India Surface Mount Technology Competitive Benchmarking By Technical and Operational Parameters
  • India Surface Mount Technology Company Profiles
  • India Surface Mount Technology Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Surface Mount Technology Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Surface Mount Technology Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Surface Mount Technology Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Surface Mount Technology Market Revenues & Volume, 2021 & 2031F

3.3 India Surface Mount Technology Market - Industry Life Cycle

3.4 India Surface Mount Technology Market - Porter's Five Forces

3.5 India Surface Mount Technology Market Revenues & Volume Share, By Equipment , 2021 & 2031F

3.6 India Surface Mount Technology Market Revenues & Volume Share, By End User Industry, 2021 & 2031F

3.7 India Surface Mount Technology Market Revenues & Volume Share, By Component , 2021 & 2031F

3.8 India Surface Mount Technology Market Revenues & Volume Share, By Service , 2021 & 2031F

4 India Surface Mount Technology Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for compact electronic devices in various industries.

4.2.2 Technological advancements in surface mount technology leading to improved efficiency and reliability.

4.2.3 Growing adoption of automation and robotics in the manufacturing sector, driving the need for surface mount technology solutions.

4.2.4 Government initiatives promoting the electronics manufacturing industry in India.

4.3 Market Restraints

4.3.1 High initial setup costs for surface mount technology equipment.

4.3.2 Lack of skilled workforce in the field of surface mount technology.

4.3.3 Quality control challenges in surface mount technology processes.

4.3.4 Fluctuations in raw material prices impacting the overall cost of production.

5 India Surface Mount Technology Market Trends

6 India Surface Mount Technology Market, By Types

6.1 India Surface Mount Technology Market, By Equipment

6.1.1 Overview and Analysis

6.1.2 India Surface Mount Technology Market Revenues & Volume, By Equipment , 2021-2031F

6.1.3 India Surface Mount Technology Market Revenues & Volume, By Inspection Equipment, 2021-2031F

6.1.4 India Surface Mount Technology Market Revenues & Volume, By Placement Equipment, 2021-2031F

6.1.5 India Surface Mount Technology Market Revenues & Volume, By Soldering Equipment, 2021-2031F

6.1.6 India Surface Mount Technology Market Revenues & Volume, By Screen Printing Equipment, 2021-2031F

6.1.7 India Surface Mount Technology Market Revenues & Volume, By Cleaning Equipment, 2021-2031F

6.1.8 India Surface Mount Technology Market Revenues & Volume, By Repair & Rework Equipment, 2021-2031F

6.2 India Surface Mount Technology Market, By End User Industry

6.2.1 Overview and Analysis

6.2.2 India Surface Mount Technology Market Revenues & Volume, By Consumer Electronics, 2021-2031F

6.2.3 India Surface Mount Technology Market Revenues & Volume, By Telecommunication, 2021-2031F

6.2.4 India Surface Mount Technology Market Revenues & Volume, By Aerospace & Defence, 2021-2031F

6.2.5 India Surface Mount Technology Market Revenues & Volume, By Automotive, 2021-2031F

6.2.6 India Surface Mount Technology Market Revenues & Volume, By Medical, 2021-2031F

6.2.7 India Surface Mount Technology Market Revenues & Volume, By Industrial, 2021-2031F

6.3 India Surface Mount Technology Market, By Component

6.3.1 Overview and Analysis

6.3.2 India Surface Mount Technology Market Revenues & Volume, By Active Component, 2021-2031F

6.3.3 India Surface Mount Technology Market Revenues & Volume, By Passive Component, 2021-2031F

6.4 India Surface Mount Technology Market, By Service

6.4.1 Overview and Analysis

6.4.2 India Surface Mount Technology Market Revenues & Volume, By Designinig, 2021-2031F

6.4.3 India Surface Mount Technology Market Revenues & Volume, By Test & Prototype, 2021-2031F

6.4.4 India Surface Mount Technology Market Revenues & Volume, By Supply Chain Services, 2021-2031F

6.4.5 India Surface Mount Technology Market Revenues & Volume, By Manufacturing, 2021-2031F

6.4.6 India Surface Mount Technology Market Revenues & Volume, By Aftermarket Services, 2021-2031F

7 India Surface Mount Technology Market Import-Export Trade Statistics

7.1 India Surface Mount Technology Market Export to Major Countries

7.2 India Surface Mount Technology Market Imports from Major Countries

8 India Surface Mount Technology Market Key Performance Indicators

8.1 Rate of adoption of surface mount technology solutions by Indian manufacturers.

8.2 Number of training programs and certifications offered in surface mount technology.

8.3 Percentage of defect-free products manufactured using surface mount technology.

8.4 Average time taken for product assembly using surface mount technology.

8.5 Efficiency improvements in production processes after implementing surface mount technology solutions.

9 India Surface Mount Technology Market - Opportunity Assessment

9.1 India Surface Mount Technology Market Opportunity Assessment, By Equipment , 2021 & 2031F

9.2 India Surface Mount Technology Market Opportunity Assessment, By End User Industry, 2021 & 2031F

9.3 India Surface Mount Technology Market Opportunity Assessment, By Component , 2021 & 2031F

9.4 India Surface Mount Technology Market Opportunity Assessment, By Service , 2021 & 2031F

10 India Surface Mount Technology Market - Competitive Landscape

10.1 India Surface Mount Technology Market Revenue Share, By Companies, 2024

10.2 India Surface Mount Technology Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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