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Global SMT soldering equipment market: Chinese competition driving growth
Analysis of the Global SMT Soldering Equipment Market - a new market research report on 2014-04-23 03:39:01
The global SMT soldering equipment market (surface mount technology) is a growing market as it is finding newer applications in end-user industries such as automotive, consumer electronics, medical, and military applications. The reflow process consists of melting the solder paste and then cooling it to form a hardened state that attaches the component to the assembly.In wave systems, an assembly passes through molten solder and components are attached to the assembly when they come in contact with the solder.As a result of growth from some of the key end-user industries such as the mobile phones with their complex circuitry designs, sales in this market are increasing. This helps grow the SMT soldering equipment market, which is otherwise a mature market. It has also been indicated that the manufacturers are keen on keeping down the cost of the equipment to match the industry standards. The major strategy in pricing of these equipment lies in the cost-effective and value-added services of these equipment.These value adds keep the pricing in this market at a steady state and do not affect the procurement by the end users. The immense competition from the Chinese participants also helps the manufacturers to competitively price these equipment.Wave soldering equipment being replaced by reflow ovens was viewed as a major trend. Since the norm of using minimal lead in the electronics manufacturing came into place, wave soldering has been replaced by reflow ovens.The penetration rate of the reflow ovens in terms of the wave soldering is high. The end users are in the move to change their traditional wave soldering equipment to reflow soldering equipment.

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