Middle East & Africa SMT Equipment Market

Historic Data: 2021-2022   |   Base Year: 2023   |   Forecast Period: 2024-2031

Analysis - by Component (Passive Component and Active Component), Equipment Type (Inspection Equipment, Placement Equipment, Soldering Equipment, Screen Printing Equipment, Cleaning Equipment, and Others), and End User (Consumer Electronics, Telecommunication, Aerospace and Defense, Automotive, Industrial, and Others)

No. of Pages: 103    |    Report Code: BMIRE00031009    |    Category: Electronics and Semiconductor

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Middle East & Africa SMT Equipment Market
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The Middle East & Africa SMT equipment market was valued at US$ 355.38 million in 2023 and is projected to reach US$ 471.60 million by 2031; it is estimated to record a CAGR of 3.6% from 2023 to 2031.

Evolution of 3D Packaging and Through Silicon Via (TSV) Technologies Bolsters Middle East & Africa SMT Equipment Market

Future electronic device development is expected to be strongly influenced by through-silicon-via technology, a type of vertical interconnect access (VIA) connection used in IC packaging to provide vertical electrical connections between silicon wafers or dies. TSV technology establishes electrical contact with surface-mounted devices while mirrored sidewalls enhance package reflectivity and improve light efficiency.

Due to the growing need for small and compact electronic devices, semiconductor firms are focusing on developing three-dimensional (3D) SIP technology to create 3D ICs. TSV is the core technology underpinning these 3D integrated circuits. To solve the problems of miniaturization and performance, the industry is looking at novel 3D packaging options. Through Silicon Via (TSV) technology allows vertical stacking of several dies or chips, resulting in high-density 3D integrated circuits (3D ICs). This method not only decreases the total package footprint but also shortens interconnect lengths and increases signal integrity and performance. The evolution of 3D packaging and TSV is expected to be a trend in the Middle East & Africa SMT equipment market.

Middle East & Africa SMT Equipment Market Overview



The Middle East & Africa SMT equipment market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The governments across the region are attracting various world-class experts in semiconductor manufacturing. For example, in June 2024, Saudi Arabia established a National Semiconductor Hub to entice chip manufacturers to the nation. The new program, backed by a deep tech venture capital fund worth more than US$ 266 million, intends to bring at least 50 semiconductor design companies to the kingdom by 2030. The hub will attract over 25 world-class professionals in the industry through a premium residency program and plans to train over 5,000 engineers in semiconductor design by 2030. The development in the semiconductor industry creates the need for SMT equipment.

South Africa is committed to creating a competitive environment for the electronics industry. Government support is focused on programs that promote and support domestic manufacturing, research and development (R&D), and the development of safety standards to support the electrical and electronics manufacturing sector. For example, in October 2023, South Africa established the Microelectronics and Nanotechnology Centre at the Council for Scientific and Industrial Research (CSIR), a research and development (R&D) facility focusing on semiconductor and chip production, in Pretoria.

Middle East & Africa SMT Equipment Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa SMT Equipment Market Revenue and Forecast to 2031 (US$ Million)
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Middle East & Africa SMT Equipment Strategic Insights

Strategic insights for the Middle East & Africa SMT Equipment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East & Africa SMT Equipment Report Scope

Report Attribute Details
Market size in 2023 US$ 355.38 Million
Market Size by 2031 US$ 471.60 Million
Global CAGR (2023 - 2031) 3.6%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Component
  • Passive Component
  • Active Component
By Equipment Type
  • Inspection Equipment
  • Placement Equipment
  • Soldering Equipment
  • Screen Printing Equipment
  • Cleaning Equipment
By End User
  • Consumer Electronics
  • Telecommunication
  • Aerospace and Defense
  • Automotive
  • Industrial
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • FUJI CORPORATION
  • Hitachi High-Tech Corp
  • JUKI CORPORATION
  • KLA Corp
  • Mycronic
  • Nordson Corp
  • SAKI CORPORATION
  • Viscom AG
  • Yamaha Motor Co., Ltd,
    		•
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    Middle East & Africa SMT Equipment Regional Insights

    The geographic scope of the Middle East & Africa SMT Equipment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Middle East & Africa SMT Equipment Market Segmentation



    The Middle East & Africa SMT equipment market is categorized into component, equipment type, end user, and country.

    Based on component, the Middle East & Africa SMT equipment market is bifurcated into passive component and active component. The active component segment held a larger market share in 2023.

    In terms of equipment type, the Middle East & Africa SMT equipment market is categorized into inspection equipment, placement equipment, soldering equipment, screen printing equipment, cleaning equipment, and others. The placement equipment segment held the largest market share in 2023.

    By end user, the Middle East & Africa SMT equipment market is segmented into consumer electronics, telecommunication, aerospace and defense, automotive, industrial, and others. The consumer electronics segment held the largest market share in 2023.

    By country, the Middle East & Africa SMT equipment market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa SMT equipment market share in 2023.

    FUJI CORPORATION; Hitachi High-Tech Corp; JUKI CORPORATION; KLA Corp; Mycronic; Nordson Corp; SAKI CORPORATION; Viscom AG; and Yamaha Motor Co., Ltd, are some of the leading companies operating in the Middle East & Africa SMT equipment market.

    Identical Market Reports with other Region/Countries

    The List of Companies - Middle East & Africa SMT Equipment Market

    1. FUJI CORPORATION
    2. Hitachi High-Tech Corp
    3. JUKI CORPORATION
    4. KLA Corp
    5. Mycronic
    6. Nordson Corp
    7. SAKI CORPORATION
    8. Viscom AG
    9. Yamaha Motor Co., Ltd,
    Frequently Asked Questions
    How big is the Middle East & Africa SMT Equipment Market?

    The Middle East & Africa SMT Equipment Market is valued at US$ 355.38 Million in 2023, it is projected to reach US$ 471.60 Million by 2031.

    What is the CAGR for Middle East & Africa SMT Equipment Market by (2023 - 2031)?

    As per our report Middle East & Africa SMT Equipment Market, the market size is valued at US$ 355.38 Million in 2023, projecting it to reach US$ 471.60 Million by 2031. This translates to a CAGR of approximately 3.6% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa SMT Equipment Market report typically cover these key segments-

  • Component (Passive Component, Active Component)
  • Equipment Type (Inspection Equipment, Placement Equipment, Soldering Equipment, Screen Printing Equipment, Cleaning Equipment)
  • End User (Consumer Electronics, Telecommunication, Aerospace and Defense, Automotive, Industrial)

    • What is the historic period, base year, and forecast period taken for Middle East & Africa SMT Equipment Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa SMT Equipment Market report:

  • Historic Period : 2021-2022
  • Base Year : 2023
  • Forecast Period : 2024-2031
    • Who are the major players in Middle East & Africa SMT Equipment Market?

    The Middle East & Africa SMT Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • FUJI CORPORATION
  • Hitachi High-Tech Corp
  • JUKI CORPORATION
  • KLA Corp
  • Mycronic
  • Nordson Corp
  • SAKI CORPORATION
  • Viscom AG
  • Yamaha Motor Co., Ltd,
    • Who should buy this report?

    The Middle East & Africa SMT Equipment Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa SMT Equipment Market value chain can benefit from the information contained in a comprehensive market report.

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