Surface mount technology (SMT) equipment uses different works on advanced principles and soldering equipment to offer more electrical conductivity, which compromises improved reliability in comparison to thru-hole soldering technology. As different to modern thru-hole soldering approaches, surface mount technology communicates with the soldering of SMD on the surface of a printed circuit board. Increasing demand of consumer electronics is having a positive influence on the surface mount technology equipment market in coming years.Usages of Surface Mount Technology Equipment coupled with well-established methods and techniques are some of the major driving factors for the surface mount technology equipment market. Additionally, the growing usage of different types of SMT equipment such as inspection equipment, placement equipment, soldering equipment among others in the printed circuit board manufacturing is expected to have a positive impact on the Surface Mount Technology Equipment market. In addition, various electronics manufacturing organizations across various regions especially in India, China and Indonesia among others are witnessing significant growth due to the rising spending on technological advanced SMT equipment in coming years.The global Surface Mount Technology Equipment (SMT) market is expected for a steady growth rate during the projection period of 2017 to 2025.