Surface Mount Technology Market worth 4,730.5 Million USD New Trend Analysis by 2020 - PowerPoint PPT Presentation

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Surface Mount Technology Market worth 4,730.5 Million USD New Trend Analysis by 2020

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The surface mount technology market was valued at USD 2.70 Billion in 2014 and is expected to grow at a CAGR of 9.84% between 2015 and 2020. The miniaturization of electronics product, primarily consumer products, and circuit boards with greater packaging density is driving the market. Using surface mount technology method, both layers of the PCBs could be used for assembling and the final PCB area for the same circuits could be decreased by 50%. The size of the circuit with miniaturized electronic components could be reduced by 30% than the conventional technique – PowerPoint PPT presentation

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