Market Executive Summary

REPORT HIGHLIGHT

The Surface Mount Technology (SMT) Tape market is estimated to represent a global market of USD 86.6 million by 2017 with growth rate of 7.6%

Market Dynamics

Tapes are used for packaging surface mount devices (SMDs) by loading them into the individual embossed pockets. The devices are sealed in the embossed carrier tape with cover tape, either by pressure or heat. Embossed carrier tape is wound around the reel for convenient handling and transportation. The global SMT tape market is majorly driven by the rising manufacturing activities in consumer electronics, automotive, healthcare and industrial automation sectors. In addition, rising automation in manufacturing process has also added to the demand for the SMT carrier tape.

This report presents the global market size (revenue) of key companies in Surface Mount Technology (SMT) Tape business. This report presents a comprehensive industry overview, market shares, and growth opportunities of Surface Mount Technology (SMT) Tape market by type, application, key regions and countries and key manufacturers.

The prime objective of this report is to help the user understand the market in terms of Surface Mount Technology (SMT) Tape definition, segmentation, influential trends, market potential, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.

The readers will find this report very helpful in understanding the market in depth. Additionally, this report discusses risks faced by key manufacturers and the market as a whole. It also analyses key emerging trends and their impact on present and future industry development.

Type Takeaway

Plastic SMT tape accounted for significant revenue share. Plastic carrier tapes are produced primarily from polymers including polycarbonate and polystyrene. Whereas, paper carrier tape is least expensive and offers basic protection for the electronic components. Moreover, polystyrene is more expensive than paper but it provides a superior protection as compared to the later.

Regional Takeaway

Market Segment by Regions, regional analysis covers

North America (U.S. and Canada)
Europe (France and Germany)
Asia Pacific (India and China)
Middle East and Africa
Latin America
Asia Pacific accounted for significant revenue share of the global market. Growing manufacturing of electronic equipment and vehicles in the region is fuelling the demand for SMT tapes. Furthermore, growth in the telecommunication segment and adoption of internet services in China, India, Vietnam and other Asian nations is anticipated to result in boosting demand for electronic devices and SMT carrier tapes.

Key Vendor Takeaway

The research report presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. Market Segment by Manufacturers, this report covers

C-Pak Pte Limited
E&R Engineering Corporation
Erich Rothe Gmbh & Co.
Carrier Tech Precision Company
Advantek, Inc.
Shin-Etsu Polymer
3M Company
ePAK International
This fragmented industry comprises of large number of small scale as well as large scale key players. Most of the tape manufacturers have established their manufacturing facilities in China, Taiwan, Singapore, South Korea and Philippines in vicinity of electronic component manufacturers to maintain steady supply.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year ? 2017 ? 2021
Base Year ? 2021
Estimated Year ? 2022
Projected Year ? 2028
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY TYPE

Plastic SMT Tape
Paper SMT Tape
MARKET, BY APPLICATION

Consumer Electronics
Healthcare
Automotive
Industrial
Others
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America