Frost & Sullivan: Increased Demand in Medical and Automotive Verticals Creates Room for Sophisticated Soldering Equipment

Frost & Sullivan: Increased Demand in Medical and Automotive Verticals Creates Room for Sophisticated Soldering Equipment PR Newswire MOUNTAIN VIEW, California,, Aug. 7, 2012 - Focus on research and development vital to stand out in an increasingly competitive market MOUNTAIN VIEW, California, Aug. 7, 2012 /PRNewswire/ -- The rising popularity of smartphones and greater use of computing technology is spurring the sales of surface mount technology (SMT) soldering equipment. Complicated design architecture and electronic components with smaller footprints require complex soldering techniques, opening up a plethora of opportunities for new soldering equipment with advanced features. New analysis from Frost & Sullivan (http://www.smt.frost.com), Global SMT Soldering Equipment Markets, finds that the market earned revenues of $411.4 million in 2011 and estimates this to reach $634.0 million in 2017. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Meanwhile, the 'green' trend is creating a large market for products such as energy-efficient lighting ballasts and wind power. These technologies, in turn, are giving an advantage to the mature SMT soldering equipment market.