The invention discloses sound membrane module assembling equipment of a loudspeaker. The equipment comprises an automatic drive assembly line and automatic flow process devices arranged at one side edge of the automatic drive assembly line. The automatic flow process devices are a sound membrane feeder, a sound membrane center automatic dispensing machine, a first glue solidification machine and a first lead dispensing machine sequentially, the automatic drive assembly line is provided with more than four stations, a horizontal moving belt and a motor driving the horizontal moving belt to drive, the horizontal moving belt bears a jig, the jig passes through the stations in sequence, and each station corresponds to one automatic flow process device. The equipment further comprises a manual upper sound coil gland station, an automatic sound coil gland taking mechanism and a lead arrangement station. Assembling processes are carried out in a flow line production mode, operation procedures can be consistent, the automatic flow process devices are arranged on the assembly line, production efficiency is promoted, invested labor cost is reduced, meanwhile the number of in-transit jigs is reduced, and the problem of concentricity cannot occur.