Market Overview:
The global surface mount technology (SMT) carrier tape market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for consumer electronics and automotive products, and the growing trend of miniaturization in electronic devices. In addition, the increasing demand for communication and healthcare products is also contributing to the growth of this market. The plastic tape segment is expected to dominate the global SMT carrier tape market during the forecast period, owing to its properties such as high tensile strength, chemical resistance, and low-cost manufacturing. The Asia Pacific region is expected to be a major contributor to the growth of this market during the forecast period, due to rising demand from countries such as China and India.
 Carrier Tape Industry Outlook.svg)
Product Definition:
Surface Mount Technology (SMT) Carrier Tape is a thin strip of plastic on which electronic components are mounted for assembly into printed circuit boards. SMT Carrier Tapes help to automate the process of mounting components onto PCBs and can improve the speed, accuracy and consistency of the process.
Plastic Tape:
Plastic tape is a widely used component in surface mount technology (SMT) carrier tapes. It is also known as chip-carried tape or substrate tape. The growth factor for plastic SMT carrier tapes can be attributed to the growing demand from semiconductor and electronics industries, which are using it in large volumes for packaging purposes.
The global plastic SMT carrier tapes market was valued at USD 1,37,500 thousand in 2015.
Paper Tape:
Paper tape is widely used in surface mount technology carrier tapes. It is a thin, flexible, paper-based material that can be used as an alternative to wire bond carriers. Paper tape has several advantages over conventional materials such as glass and plastic including low cost, light weight & easy handling. Moreover it offers high electrical insulation properties which makes it suitable for use in SMT applications where high thermal resistance is required.
Application Insights:
The surface mount technology carrier tape is used in a wide range of applications including consumer electronics, healthcare, automotive and industrial. The consumer electronics segment emerged as the largest application segment with a revenue share of over 30% in 2017. Carrier tapes are widely used for SMT assembly purposes in electronic devices such as smartphones and tablets.
Carrier tapes provide enhanced thermal resistance which helps maintain the device temperature during transit and handling. They also help reduce vibration exposure to the device resulting in improved reliability of components mounted on mobile phones or laptops along with ease of installation due to its adhesive backing property. These factors are likely to drive their demand from various end-use industries over the forecast period thereby propelling growth across all regions covered under this study.
Regional Analysis:
Asia Pacific surface mount technology carrier tape market is expected to grow at the highest CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing electronic manufacturing in China, India, and Taiwan. In addition, rising investments by foreign players such as Siemens AG and Mitsubishi Electric Corporation are anticipated to drive the industry growth in this region.
The European surface mount technology carrier tape market is also likely to witness significant growth over the forecast period owing its high demand for automation in various application industries such as consumer electronics & appliances and healthcare among others. Moreover, technological advancements coupled with growing industrialization across several countries including Germany; U.K.; France; Italy; Spain among others are projected favorably impact regional industry dynamics during the forecast period – from 2018 To 2030 (estimated).
Growth Factors:
- Increasing demand for miniaturization in electronic devices: The growth of the surface mount technology (SMT) carrier tape market can be attributed to the increasing demand for miniaturization in electronic devices. SMT is a process that helps in the assembly of small and miniature components on a printed circuit board (PCB). This helps to reduce the size and weight of electronic devices, making them more portable.
- Rising demand for consumer electronics: The growth of the surface mount technology (SMT) carrier tape market can also be attributed to the rising demand for consumer electronics products such as smartphones, tablets, and laptops. These products are becoming increasingly complex with each new generation, necessitating smaller and more intricate component assemblies. SMT is well-suited to meet this challenge by allowing manufacturers to pack more components into a given area.
- Proliferation of 3D printing: Another factor driving growth in the SMT carrier tape market is the proliferation of 3D printing technology. With 3D printing, manufacturers can now print three-dimensional objects using multiple materials from a digital model or blueprint file. This allows them to create customized parts and assemblies that would not be possible with traditional manufacturing methods alone . As this technology continues to evolve and become more widespread, it is likely that we will see an increase in use of SMT carrier tapes for producing customized PCBs .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surface Mount Technology (SMT) Carrier Tape Market Research Report
By Type
Plastic Tape, Paper Tape
By Application
Consumer electronics, Communication, Healthcare, Automotive, Industrial, Others
By Companies
3M, Advantek, Carrier Tech Precision, Taiwan Carrier Tape, Oji F-Tex, ITW ECPS, C-Pak Pte, Laser Tek Taiwan, Nihon Matai, 3M
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Surface Mount Technology (SMT) Carrier Tape Market Report Segments:
The global Surface Mount Technology (SMT) Carrier Tape market is segmented on the basis of:
Types
Plastic Tape, Paper Tape
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer electronics, Communication, Healthcare, Automotive, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Advantek
- Carrier Tech Precision
- Taiwan Carrier Tape
- Oji F-Tex
- ITW ECPS
- C-Pak Pte
- Laser Tek Taiwan
- Nihon Matai
- 3M
 Carrier Tape Market Overview.svg)
Highlights of The Surface Mount Technology (SMT) Carrier Tape Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic Tape
- Paper Tape
- By Application:
- Consumer electronics
- Communication
- Healthcare
- Automotive
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Surface Mount Technology (SMT) Carrier Tape Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Carrier Tape Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
SMT carrier tape is a type of adhesive tape that is used to attach components or boards to one another using SMT technology. The adhesive on the carrier tape helps hold the component in place while the SMT process bonds them together.
Some of the major companies in the surface mount technology (smt) carrier tape market are 3M, Advantek, Carrier Tech Precision, Taiwan Carrier Tape, Oji F-Tex, ITW ECPS, C-Pak Pte, Laser Tek Taiwan, Nihon Matai, 3M.
The surface mount technology (smt) carrier tape market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surface Mount Technology (SMT) Carrier Tape Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Surface Mount Technology (SMT) Carrier Tape Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surface Mount Technology (SMT) Carrier Tape Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Surface Mount Technology (SMT) Carrier Tape Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Surface Mount Technology (SMT) Carrier Tape Market Size & Forecast, 2018-2028
4.5.1 Surface Mount Technology (SMT) Carrier Tape Market Size and Y-o-Y Growth
4.5.2 Surface Mount Technology (SMT) Carrier Tape Market Absolute $ Opportunity
Chapter 5 Global Surface Mount Technology (SMT) Carrier Tape Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Type
5.2.1 Plastic Tape
5.2.2 Paper Tape
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Surface Mount Technology (SMT) Carrier Tape Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Applications
6.2.1 Consumer electronics
6.2.2 Communication
6.2.3 Healthcare
6.2.4 Automotive
6.2.5 Industrial
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surface Mount Technology (SMT) Carrier Tape Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Surface Mount Technology (SMT) Carrier Tape Analysis and Forecast
9.1 Introduction
9.2 North America Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Type
9.6.1 Plastic Tape
9.6.2 Paper Tape
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Applications
9.10.1 Consumer electronics
9.10.2 Communication
9.10.3 Healthcare
9.10.4 Automotive
9.10.5 Industrial
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Surface Mount Technology (SMT) Carrier Tape Analysis and Forecast
10.1 Introduction
10.2 Europe Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Type
10.6.1 Plastic Tape
10.6.2 Paper Tape
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Applications
10.10.1 Consumer electronics
10.10.2 Communication
10.10.3 Healthcare
10.10.4 Automotive
10.10.5 Industrial
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Surface Mount Technology (SMT) Carrier Tape Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Type
11.6.1 Plastic Tape
11.6.2 Paper Tape
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Applications
11.10.1 Consumer electronics
11.10.2 Communication
11.10.3 Healthcare
11.10.4 Automotive
11.10.5 Industrial
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Surface Mount Technology (SMT) Carrier Tape Analysis and Forecast
12.1 Introduction
12.2 Latin America Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Type
12.6.1 Plastic Tape
12.6.2 Paper Tape
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Applications
12.10.1 Consumer electronics
12.10.2 Communication
12.10.3 Healthcare
12.10.4 Automotive
12.10.5 Industrial
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Surface Mount Technology (SMT) Carrier Tape Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Type
13.6.1 Plastic Tape
13.6.2 Paper Tape
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Surface Mount Technology (SMT) Carrier Tape Market Size Forecast by Applications
13.10.1 Consumer electronics
13.10.2 Communication
13.10.3 Healthcare
13.10.4 Automotive
13.10.5 Industrial
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Surface Mount Technology (SMT) Carrier Tape Market: Competitive Dashboard
14.2 Global Surface Mount Technology (SMT) Carrier Tape Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Advantek
14.3.3 Carrier Tech Precision
14.3.4 Taiwan Carrier Tape
14.3.5 Oji F-Tex
14.3.6 ITW ECPS
14.3.7 C-Pak Pte
14.3.8 Laser Tek Taiwan
14.3.9 Nihon Matai
14.3.10 3M
