1. Carrier tape, in short, chip electronic components (also known as SMT   A kind of packaging for components). With the increasingly complex functions of electronic equipment, the integration requirements of electronic components are also increasing, which promotes the miniaturization trend of electronic component packaging.

In the future, as the trend of miniaturization of components continues, market require the carrier tape is also developing towards precision and plastics

Global plastic thin carrier tape market size 2023   will reach 5.02$billion, from   2017 Year to 2023  The annual compound growth rate will reach   6.1%