Surface Mount Technology Market Size, Demand, Forecasts To 2033

The Global Surface Mount Technology market size was worth around USD 5.7 Billion in 2023 and is predicted to grow to around USD 11.93 Billion by 2033 with a compound annual growth rate (CAGR) of 7.67% between 2023 and 2033. The market's growth is expected to be driven by the miniaturization of electronic devices across the globe.