An Overview Of The Indian Electronics Manufacturing Equipment Industry

The electronics manufacturing landscape of the country is changing, with the local electronics output exceeding imports for the first time in 2016-17. It’s no surprise, therefore, that the demand for electronics manufacturing equipment is also on the rise.

Manufacturing equipment is crucial for ensuring the quality of any electronic device or component. In the course of the entire production cycle, an electronic device is handled by a range of manufacturing equipment. The ever increasing complexity of electronic assemblies and the miniaturisation of components have enhanced the demand for advanced and reliable manufacturing equipment.

As the PCBs and electronic components shrink in size, manufacturers face the challenge of accurately placing small components on miniaturised boards. Technological advancements, which are a necessity to meet the high performance expectations in the electronics field, combined with today’s high speed production, complete process automation and stringent quality control standards, are all driving up the demand for manufacturing equipment.

This study presents the growth opportunities and current trends in the Indian electronics manufacturing equipment industry with a special focus on surface mount technology (SMT) equipment.

Opportunities galore

According to a research report published by Markets and Markets, the global surface mount technology (SMT) market is expected to reach a turnover of US$ 5.42 billion by 2022, growing at a CAGR of 8.9 per cent between 2017 and 2022. The market’s growth will be primarily driven by higher demand for miniaturised consumer electronics products and the enhanced adoption of electric vehicles with advanced features for connectivity, entertainment and safety.