April 8, 2009 -- New research by Frost & Sullivan, in a report entitled "Indian Surface Mount Technologies Market", showcases various process changes that the continent's electronics manufacturing sectors are adapting to, and the impact of the usage of SMT equipment in India.
According to Frost, with an increase in electronics consumption, Indian Original Equipment Manufacturers (OEM) and Electronic Manufacturing Services (EMS) companies are more involved in adopting sophisticated equipment in their process lines to match demand, thereby giving SMT equipment a positive penetration in various sectors. Major sectors such as telecommunications, automotive electronics, and consumer electronics are seen fueling the growth of SMT equipment in the Indian market.
The report notes that, over the years, there has been a substantial change in the manufacturing processes in the electronics sectors. The emergence of high-speed machines and the combination of different applications in the same equipment have aided the manufacturers in attaining a positive growth in the industry.
In the research, Frost presents a snapshot of market analysis, product and technology trends, and market segmentation by product categories and future opportunities for the SMT market. Besides discussing emerging trends and providing forecasts, the report also covers industry challenges, market drivers and restraints, and their likely impact on the growth of the SMT market in future.
"Availability of cost effective and skilled labor has made India a major hub for electronics manufacturing over the last decade. The need to address the increasing demand in the electronics consumption has made the manufacturers go in for highly advanced SMT equipment. The recent regulation to adapt to 'lead-free' manufacturing process in the electronic products has also boosted the usage of hi-tech equipment in the industry," comments K Bharath, Frost's Research Analyst, Electronics and Security Practice, South Asia and Middle East.
The research is aimed at OEM and EMS companies, SMT manufacturers, and suppliers.
On the Web:
www.frost.com
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