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tipJanuary 29, 2021 What is Surface Mount Technology Equipment? The surface mount technology (SMT) is a method for producing electronic circuits in which the components are mounted directly to the surface of printed circuit boards. SMT provides various advantages such as reduced material handling costs, reduced board costs, and controlled manufacturing process. The increasing demand for flex circuits in the wearable electronics industry is the major factor driving the demand for surface mount technology market. Placement equipment among the equipment type is expected to hold a significant market share and is expected to grow at a good CAGR. The research dives deep into the global share, size, and trends, as well as growth rate of the Surface Mount Technology Equipment market to project its progress during the forecast period, i.e., 2021–2027. Most importantly, the report further identifies the past, present, and future trends that are expected to influence the development rate o

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