Chip Mounter Market Size, Share, Growth, Trends and Industry Analysis, By Type (Surface Mount Technology (SMT) Equipment, Through hole technology (THT) Equipment), By Application (Consumer Electronics, Medical, Automotive, Telecommunications Equipment, Others), Regional Insights and Forecast From 2025 to 2033

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CHIP MOUNTER MARKET OVERVIEW

The global chip mounter market size is predicted to reach USD 6.7 billion by 2033 from USD 4.74 billion in 2024, registering a CAGR of 3.9% during the forecast period from 2025 to 2033.

Surface-mount devices (SMDs) are mounted automatically onto printed circuit boards, or PCBs, using a device known as a chip mounter. Pick and place devices are another name for them. Depending on their throughput, these machines can be split into two primary categories: high-speed chip shooter and medium- to low-speed placement systems. Chip mounters, a crucial piece of equipment in the majority of contemporary SMT lines, have changed the PCB assembly process.

The market for chip mounters is expanding as a result of rising demand for smartphones and laptops. Modern life would not be complete without laptops and cell phones, and as technology develops and communication becomes more crucial, their popularity is only growing.  By assuring accurate and effective component placement, these machines serve a crucial role in manufacturing, enabling the creation of high-quality electronic products.

COVID-19 IMPACT

Interruption in Services to Deplete Market Growth

The COVID-19 pandemic has been unprecedented and staggering, chip mounter experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

One of the global industries with the quickest growth rates is the consumer electronic one. Over the past twenty years, it has seen significant alteration. These have mainly involved changes to the product space, the retail environment's evolution (from conventional to large-format specialized stores and e-commerce), and the regulatory environment's ongoing changes.

Demand for more inventive products has increased as a result of changing company and consumer needs. The consumer electronic sector had a highly diverse and difficult year last year. A pandemic affected practically every business as it spread throughout the world. The electronics industry has experienced severe disruption due to COVID-19 which affected the chip mounter market growth drastically due to the fall in demand for the consumer electronic products.

LATEST TRENDS 

Consumer Electronics Industry to Stimulate Market Development 

The consumer electronics industry makes considerable use of mounters. They are essential to the construction of electronic gadgets including computers, tablets, and smartphones. In the upcoming years, the need for mounters is anticipated to be driven by the expansion of the market for consumer electronics. Additionally, it is anticipated that the industry would grow as a result of the miniaturization of electrical components.

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CHIP MOUNTER MARKET SEGMENTATION

By Type

Based on type; the market is divided into surface mount technology (SMT) equipment, through hole technology (THT) equipment

Surface mount technology (SMT) is the leading part of the type segment.

By Application

Based on the application; the market is divided into consumer electronics, medical, automotive, telecommunications equipment, others.

Consumer electronics is the leading part of the application segment.

DRIVING FACTORS

Growing Automobile Sector to Aid Market Expansion 

To put together electronic devices and their parts, including microprocessors, electromechanical detectors, and integrated circuits, the automotive sector uses a mounter. The equipment finds extensive use in a variety of industries, including aerospace and military, healthcare & medical equipment, among others, because it aids in reducing the total dimensions of the items and improves their performance. The automobile sector is expanding quickly. The global chip mounter market share is being driven by the rising desire to lighten the total weight of automobiles and enhance their performance with more safety features.

Utilization in Medical Industries to Foster Industry Progress

PCBs are manufactured in the medical industry using chip mounters. By using low-profile components, it also helps to enable flexibility and high-density installation, resulting in a reduced package size for medical equipment. For fine pitch, small surface mount components like 0201inch and 01005inch, chip mounter machines can be purchased with multi-nozzle configurations that enable improved placement precision.

The equipment are appropriate for manufacturing procedures that require low to moderate batch runs or deliberately big volumes since they can handle a variety of board widths and thicknesses. When compared to conventional equipment, it helps to increase flexibility in the process of manufacturing by allowing for simple changeover between various PCB forms.

RESTRAINING FACTOR

Requirement of Advanced Training to Limit the Market Evolution

For component-level repairs and mechanical prototype assembly, one would need operators with advanced training or expert-level expertise, in addition to pricey tools which will limit the market proliferation in the coming years.

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CHIP MOUNTER MARKET REGIONAL INSIGHTS

Asia Pacific to dominate Market owing to Start-Up Enterprises

Asia Pacific has the greatest market for the equipment. Due to its superior manufacturing capabilities, China is now the world's largest importer and consumer of semiconductors. A number of start-up enterprises are being developed with assistance from the governing bodies of various nations. In addition, China's centralization of electronic system production has helped to expand the market in this area.

The requirement for semiconductors, particularly in the security, automated processes, a solid-state lighting in addition to transport segments, has been stimulated by the booming industrial market as a result of the ongoing campaign for more secure and more intelligent towns and cities within the Asia Pacific region. This has accelerated the expansion for the chip mounter market.

KEY INDUSTRY PLAYERS

Key Players Focus on Partnerships to Gain a Competitive Advantage

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.

The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.

List of Top Chip Mounter Companies

• ASM Pacific Technology (Singapore)
• Fuji Machine Mfg (China)
• Yamaha Motor (Japan)
• JUKI (Japan)
• Hanwha Precision Machinery (South Korea)
• Panasonic (Japan)
• Mycronic (U.S.)
• ITW EAE (U.S.)
• Universal Instruments (U.S.)

REPORT COVERAGE

This research offers a thorough analysis of the global market, covering all relevant areas. This includes everything from a broad market overview to micro-level information about size of the market, degree of competition, evolution trend, opportunities in the market, important market drivers, and SWOT opportunities and threats. The reader can use the study to influence industry competitiveness and competitive environment strategies to increase potential profit. Additionally, it offers a straightforward framework for assessing and gaining access to the situation of the corporate organization.

In a nutshell, this study should be read by all market participants, traders, academics, analysts, business planners, and anyone else with an interest in the market. The market competitive landscape is another area that the report structure focuses on. This report presents in depth information the share of the market, macroeconomic indicators, product scenario, operation circumstances of the major players, which aids readers in the industry in recognizing the key rivals and better understanding the market's competitive landscape.