Market Overview:
The global surface mount technology (SMT) tape market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the SMT tape market can be attributed to the increasing demand for consumer electronics, healthcare, automotive and industrial products. In addition, the growing demand for miniaturization and higher efficiency in electronic devices is also contributing to the growth of this market. The plastic SMT tape segment is expected to dominate the global SMT tape market during the forecast period from 2018 to 2030. This can be attributed to its properties such as high tensile strength, chemical resistance and low coefficient of friction which make it suitable for use in various applications.
 Tape Industry Outlook.svg)
Product Definition:
Surface Mount Technology (SMT) Tape is a type of adhesive tape used in the Surface Mount Technology (SMT) process. The tape is used to hold components in place during the manufacturing process.
Plastic SMT Tape:
Plastic SMT tape is a type of plastic substrate that is coated with silicone rubber and used in surface mount technology (SMT) tapes. It has several advantages over traditional materials such as glass, ceramic, and metal in the manufacturing of electronic devices. The major advantage includes low cost which makes it an ideal choice for mass production.
Paper SMT Tape:
Paper SMT tape is a type of packaging tape used for surface mount technology (SMT) products. It is also known as paper-based high-density Surface Mount Technology (HDST) tape or paper surface mount technology (PMT) tape. Paper SMT tapes are manufactured with the use of cellulose fiber, which makes it an eco-friendly option over plastic tapes.
Application Insights:
The global surface mount technology (SMT) tape market has been segmented on the basis of application into consumer electronics, healthcare, automotive and industrial. The consumer electronics segment is expected to dominate the overall industry over the forecast period owing to increasing demand for smartphones and other electronic devices from various end-use industries such as IT & telecommunication, retail and media. SMT tapes are used in assembly of these products as they offer high reliability due to low failure rate associated with them.
Healthcare is another major application sector where SMT tapes are extensively used owing to their ability to combine both functionality and aesthetics in medical equipment manufacturing thereby driving growth across all applications globally over the forecast period. Healthcare equipment manufacturers use SMT technology as it offers higher accuracy while handling critical components along with ease of installation which helps them deliver superior quality products within budget constraints while maintaining schedule deadlines for new product launches which is expected fuel demand across all applications globally over the next eight years or so.
Regional Analysis:
Asia Pacific surface mount technology tape market is expected to grow at the highest CAGR of XX% from 2018 to 2030. The growth can be attributed to rising product demand in consumer electronics and healthcare applications. Asia Pacific is a major production hub for electronic products such as mobile phones, laptops, personal computers, LED/LCD monitors and various other components. Thus the increasing number of manufacturing facilities in this region will boost product demand further over the forecast period.
The European market was valued at USD X million in 2017 owing to high production volumes across several industries including automotive (headlights), industrial (solar panels) and others. Europe has been witnessing steady growth due to growing investments by key players towards research & development activities for developing advanced SMT tapes with enhanced performance characteristics such as moisture resistance or heat resistance etc.
Growth Factors:
- Increasing demand for miniaturization in electronic devices: The growth of the surface mount technology (SMT) 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 advanced electronics: The growth of the surface mount technology (SMT) tape market can also be attributed to the rising demand for advanced electronics products such as smartphones, tablets, and laptops. These products are incorporating more and more miniature components, which is driving the need for SMT assembly processes.
- Growing popularity of LED lighting: Another key factor driving growth in the surface mount technology (SMT) tape market is rising demand from LED lighting applications. LEDs are increasingly being used in a wide range of applications such as automotive headlights, traffic signals, backlights for LCD displays, and general illumination purposes owing to their superior performance characteristics such as high efficiency and long life span when compared with traditional light sources like incandescent bulbs or fluorescent tubes .This is fueling increased adoption rates of SMT-based LED packaging solutions across various end-use industries .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surface Mount Technology (SMT) Tape Market Research Report
By Type
Plastic SMT Tape, Paper SMT Tape
By Application
Consumer Electronics, Healthcare, Automotive, Industrial, Others
By Companies
C-Pak Pte Limited, E&R Engineering Corporation, Erich Rothe Gmbh & Co., Carrier Tech Precision Company, Advantek, Inc., Shin-Etsu Polymer, M Company, ePAK International, Laser Tek Taiwan, Nihon Matai
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Surface Mount Technology (SMT) Tape Market Report Segments:
The global Surface Mount Technology (SMT) Tape market is segmented on the basis of:
Types
Plastic SMT Tape, Paper SMT 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, 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:
- C-Pak Pte Limited
- E&R Engineering Corporation
- Erich Rothe Gmbh & Co.
- Carrier Tech Precision Company
- Advantek, Inc.
- Shin-Etsu Polymer
- M Company
- ePAK International
- Laser Tek Taiwan
- Nihon Matai
 Tape Market Overview.svg)
Highlights of The Surface Mount Technology (SMT) 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 SMT Tape
- Paper SMT Tape
- By Application:
- Consumer Electronics
- 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) 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
 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?
Surface mount technology (SMT) tape is a type of adhesive tape that is used to attach components or boards to each other. SMT tapes are often used in the electronics and telecommunications industries, as they are very strong and can hold up against high levels of stress.
Some of the major players in the surface mount technology (smt) tape market are C-Pak Pte Limited, E&R Engineering Corporation, Erich Rothe Gmbh & Co., Carrier Tech Precision Company, Advantek, Inc., Shin-Etsu Polymer, M Company, ePAK International, Laser Tek Taiwan, Nihon Matai.
The surface mount technology (smt) tape market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surface Mount Technology (SMT) 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) Tape Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surface Mount Technology (SMT) 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) 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) Tape Market Size & Forecast, 2020-2028
4.5.1 Surface Mount Technology (SMT) Tape Market Size and Y-o-Y Growth
4.5.2 Surface Mount Technology (SMT) Tape Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Plastic SMT Tape
5.2.2 Paper SMT Tape
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Healthcare
6.2.3 Automotive
6.2.4 Industrial
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surface Mount Technology (SMT) 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) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Plastic SMT Tape
9.6.2 Paper SMT 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 Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Healthcare
9.10.3 Automotive
9.10.4 Industrial
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Plastic SMT Tape
10.6.2 Paper SMT 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 Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Healthcare
10.10.3 Automotive
10.10.4 Industrial
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Plastic SMT Tape
11.6.2 Paper SMT 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 Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Healthcare
11.10.3 Automotive
11.10.4 Industrial
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Plastic SMT Tape
12.6.2 Paper SMT 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 Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Healthcare
12.10.3 Automotive
12.10.4 Industrial
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Plastic SMT Tape
13.6.2 Paper SMT 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) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Healthcare
13.10.3 Automotive
13.10.4 Industrial
13.10.5 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) Tape Market: Competitive Dashboard
14.2 Global Surface Mount Technology (SMT) Tape Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 C-Pak Pte Limited
14.3.2 E&R Engineering Corporation
14.3.3 Erich Rothe Gmbh & Co.
14.3.4 Carrier Tech Precision Company
14.3.5 Advantek, Inc.
14.3.6 Shin-Etsu Polymer
14.3.7 M Company
14.3.8 ePAK International
14.3.9 Laser Tek Taiwan
14.3.10 Nihon Matai
