Surface Mount Technology Equipment Market: Industry Analysis And Detailed Profiles Of Top Industry Players
The vendor landscape of the global Surface Mount Technology Equipment Market is largely consolidated, with the top five vendors, namely Fuji Machine Mfg. Co., Ltd., Panasonic Corporation, Juki Corporation, Mycronic AB, and Siplace, collectively accounting for a massive 93% of the overall market in 2016, observes Transparency Market Research in a recent report. In the stiffly competitive market, product innovation, technological advancement, and focus on expansion across potential high-growth regional markets are some of the key growth strategies adopted by leading vendors to strengthen their hold and gain new consumers. In December 2016, Juki Corporation launched a new long-board SMT placement machine, called the JX-350. The machine is said to have faster placement speed and better component placing capability for LED manufacturing industry. Earlier the same year, company had also introduced a new packaging equipment capable of presenting a detailed all-surface wafer defect re...