Surface mount technology refers to the technology used for placing of electronic components directly onto electronic circuit boards. The device which uses this technology is called surface-mount device. The components which are mounted using this method include passive components such as resistors and capacitors, transistors and diodes, and integrated circuits. SMT equipment are in high demand from industries such as consumer electronics, telecommunications, automotive, and healthcare.
The report forecasts the surface mount technologies market in APAC to grow at a CAGR of 7.06% over the period 2014-2019.