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Fall in the Average Prices of Products to Help SMT Screen Printer Markets Retain Customers - The average price of surface mount technology (SMT) screen printer products is expected to fall in the coming years, positioning the market for steady growth
Fall in the Average Prices of Products to Help SMT Screen Printer Markets Retain Customers

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2008/04/30 - The average price of surface mount technology (SMT) screen printer products is expected to fall in the coming years, positioning the market for steady growth.

   
 
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This gradual fall in average prices will likely reduce the market's prevailing price sensitivity and lead to increased demand, especially for fully-automatic screen printers, from the automotive, telecommunication, and aerospace and defense industries, as well as from electronic manufacturing service (EMS) providers.

New analysis from Frost & Sullivan (electronics.frost.com), World Surface Mount Technology (SMT) Screen Printer Markets, finds the market earned revenues of $228.1 million in 2007 and estimates this to reach $436.4 million in 2014.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the world SMT screen printer markets, then send an email to David Escalante, Corporate Communications, at descalante_pr[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

The market will grow further as competition from used and leased equipment rapidly diminishes. In addition, consolidation across all verticals has opened up market opportunities throughout the Asia-Pacific region.

However, sales in the North American and European markets currently remain sluggish because Asia, specifically China, exports lower-cost machines. It will be a challenge to compete against these products, since the North American and European regions have the highest cost of manufacturing in the world.

In response, many established companies in North America and Europe are now establishing manufacturing units in the Asia-Pacific region to capitalize on its low costs of labor and extensive talent pool. This shift in manufacturing negatively influences the market revenues, size, and growth in North America and Europe.

"With the screen printer market experiencing slower growth than the usual, manufacturers should try and provide their offerings at a global level and at a reasonable cost," says Frost & Sullivan Research Analyst Ashwin T. Ananthakrishnan. "Capitalizing on the low-cost factors for manufacturing purposes in the Asian region seems to be the best solution for the North American and European vendors because there are still numerous untapped opportunities in the Asia-Pacific market."

Considering the cost consciousness of customers and that there are more than 40 companies vying for shares in the global market, it remains vital for vendors to go the extra mile to ensure customer loyalty.

At the same time that they strategize to maintain a grip on their customer base, screen printer vendors will benefit from changes in the electronics industry. These changes should position them as primary suppliers for the electronics industry's emerging need for high-end automation.

The rising demand for smaller electronic equipment has compelled manufacturers to reduce the size of circuit board components. This has challenged assembly vendors to accurately place the components on the board, which, in turn, could compromise the quality of the end product.

Finally, as many original equipment manufacturers (OEMs) and EMS providers feel they can achieve accuracy by using fully automatic screen printers to increase automation on the shop floor, SMT screen printers will find numerous buyers in this industry.

World Surface Mount Technology (SMT) Screen Printer Markets is part of the Surface Mount Technologies Growth Partnership Service program, which also includes research in the following markets: world chip bonders markets, world LCD manufacturing equipment markets, world SMT software markets, and world flexible PCB markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

World Surface Mount Technology (SMT) Screen Printer Markets N346

 
 
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Fall in the Average Prices of Products to Help SMT Screen Printer Markets Retain Customers

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Frost & Sullivan |
Publisher Contact: David Escalante 
210.477.8427 david.escalante[.]frost.com
 
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