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SMT market report published by QYResearch quoted by Kopper on 7th January

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According to research data from QYResearch, the global SMT market size is expected to reach USD 9,330 million by 2030, at a CAGR of 4.60%. This growth is mainly due to the rapid development of the global electronics manufacturing industry, especially the rise of the Internet of Things (IoT), smart manufacturing, 5G communications, and other emerging fields, which are driving the rapid replacement of electronic products, which in turn increases the demand for SMT.

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