Middle East & Africa SMT Equipment Market Forecast to 2031 - Regional Analysis - by Component, Equipment Type, and End User

Description

List of Tables

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 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.

Product Code: BMIRE00031009

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Middle East & Africa SMT Equipment Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain

5. Middle East & Africa SMT Equipment Market - Key Market Dynamics

5.1 SMT Equipment Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Growing Consumer Electronics Industry
- 5.2.2 Increasing Miniaturization of Electronic Products
5.3 Market Restraints
- 5.3.1 High Initial Investments
5.4 Market Opportunities
- 5.4.1 Increasing Need for Environment-Friendly Electronic Components
- 5.4.2 Growing Industrial Automation
5.5 Future Trends
- 5.5.1 Evolution of 3D Packaging and Through Silicon Via (TSV) Technologies
5.6 Impact of Drivers and Restraints:

6. SMT Equipment Market -Middle East & Africa Analysis

6.1 Middle East & Africa SMT Equipment Market
6.2 SMT Equipment Market Revenue (US$ Million), 2021-2031
6.3 SMT Equipment Market Forecast Analysis

7. Middle East & Africa SMT Equipment Market Analysis - by Component

7.1 Passive Component
- 7.1.1 Overview
- 7.1.2 Passive Component: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Active Component
- 7.2.1 Overview
- 7.2.2 Active Component: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)

8. Middle East & Africa SMT Equipment Market Analysis - by Equipment Type

8.1 Inspection Equipment
- 8.1.1 Overview
- 8.1.2 Inspection Equipment: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Placement Equipment
- 8.2.1 Overview
- 8.2.2 Placement Equipment: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Soldering Equipment
- 8.3.1 Overview
- 8.3.2 Soldering Equipment: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Screen Printing Equipment
- 8.4.1 Overview
- 8.4.2 Screen Printing Equipment: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Cleaning Equipment
- 8.5.1 Overview
- 8.5.2 Cleaning Equipment: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)

9. Middle East & Africa SMT Equipment Market Analysis - by End User

9.1 Consumer Electronics
- 9.1.1 Overview
- 9.1.2 Consumer Electronics: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Telecommunication
- 9.2.1 Overview
- 9.2.2 Telecommunication: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Aerospace and Defense
- 9.3.1 Overview
- 9.3.2 Aerospace and Defense: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Automotive
- 9.4.1 Overview
- 9.4.2 Automotive: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Industrial
- 9.5.1 Overview
- 9.5.2 Industrial: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)

10. SMT Equipment Market - Middle East & Africa Country Analysis

10.1 Middle East & Africa SMT Equipment Market Overview
- 10.1.1 Middle East & Africa SMT Equipment Market, by Key Countries- Revenue (2023) (US$ Million)
- 10.1.2 Middle East & Africa SMT Equipment Market - Revenue and Forecast Analysis - by Country
  - 10.1.2.1 Middle East & Africa: SMT Equipment Market - Revenue and Forecast Analysis - by Country
  - 10.1.2.2 South Africa: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.2.1 South Africa: SMT Equipment Market Breakdown, by Component
    - 10.1.2.2.2 South Africa: SMT Equipment Market Breakdown, by Equipment Type
    - 10.1.2.2.3 South Africa: SMT Equipment Market Breakdown, by End User
  - 10.1.2.3 Saudi Arabia: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.3.1 Saudi Arabia: SMT Equipment Market Breakdown, by Component
    - 10.1.2.3.2 Saudi Arabia: SMT Equipment Market Breakdown, by Equipment Type
    - 10.1.2.3.3 Saudi Arabia: SMT Equipment Market Breakdown, by End User
  - 10.1.2.4 United Arab Emirates: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.4.1 United Arab Emirates: SMT Equipment Market Breakdown, by Component
    - 10.1.2.4.2 United Arab Emirates: SMT Equipment Market Breakdown, by Equipment Type
    - 10.1.2.4.3 United Arab Emirates: SMT Equipment Market Breakdown, by End User
  - 10.1.2.5 Rest of Middle East & Africa: SMT Equipment Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.2.5.1 Rest of Middle East & Africa: SMT Equipment Market Breakdown, by Component
    - 10.1.2.5.2 Rest of Middle East & Africa: SMT Equipment Market Breakdown, by Equipment Type
    - 10.1.2.5.3 Rest of Middle East & Africa: SMT Equipment Market Breakdown, by End User

11. Competitive Landscape

11.1 Heat Map Analysis By Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 Product Development

13. Company Profiles

13.1 Hitachi High-Tech Corp
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Yamaha Motor Co., Ltd.
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Nordson Corp
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.5 Key Developments
13.4 KLA Corp
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 FUJI CORPORATION
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Viscom AG
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Mycronic
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 SAKI CORPORATION
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 JUKI CORPORATION
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments

14. Appendix

14.1 Glossary
14.2 About The Insight Partners