Technological Innovations in Electronics to Drive the Growth of Surface Mount Technology Market in the Coming Years
With the increasing demand for electronic circuits across industries such as consumer electronics, telecommunication, automotive, aeronautics, and healthcare and innovations in technology, the demand for surface mount technology has also witnessed an increase over the past decade.
The global surface mount technology market is expected to be valued at USD 5.42 Billion by 2022, growing at a CAGR of 8.9%...
Surface mount technology is observed to have a strong penetration in the consumer electronics sector
Surface mount technology (SMT) is a method of mounting electronic components directly on the surface of the printed circuit boards (PCBs) to produce surface mount devices (SMDs). With help of this technology, smaller components can be made with leads closer together, packing densities can be increased, components can be mounted on both sides of the board; smaller PCBs can be used for the same electronic...