| 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 | |
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.
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.
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.
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.
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.
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 |