Research Expert: Sarah Overall
  • Published: Mar 2025
  • Pages: 150
  • SKU: IRTNTR41600

  • Chip Mounter Market to Grow by USD 1.45 Billion (2025-2029), Vendor Strategies Boost Growth, AI-Powered Market Evolution Report - Technavio

    The chip mounter market is set to grow by USD 1.45 billion between 2024 and 2028, driven by advancements in chip mounter technology and increasing adoption of surface mount technology (SMT). As chip mounter manufacturers continue to innovate, demand for pick and place machines is rising across industries, including consumer electronics, telecommunications, and automotive. Companies are actively exploring chip mounter innovations to improve production speed, accuracy, and efficiency.With businesses evaluating chip mounter prices and searching for the best chip mounter reviews, the market is witnessing strong competition among chip mounter companies. The growing availability of chip mounter for sale through e-commerce and direct distribution channels is further expanding market accessibility. The widespread adoption of chip mounter applications, such as PCB assembly, IoT devices, and miniaturized electronic components, is a key factor fueling industry expansion.Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

    Global chip mounter market 2024-2028

    Market Segmentation

    By Technology

    • Surface Mount Technology (SMT)
    • Through Hole Technology (THT)

    By Application

    • Communications
    • Computers
    • Consumer Electronics
    • Automotive
    • Other Applications

    By Region

    • APAC (China, India, Japan)
    • Europe (Germany)
    • North America (United States)
    • South America
    • Middle East & Africa

    Technology Insights

    The SMT segment is expected to witness significant growth, driven by its ability to directly mount electronic components onto PCBs without drilling holes. This method enhances miniaturization, high throughput, and energy efficiency, making it critical for consumer electronics, telecommunications, IoT, and automotive sectors.

    The rising adoption of wearable technology, including smartwatches, fitness trackers, and smart clothing, is further boosting the demand for SMT solutions. Companies are leveraging Hole Technology, Surface Mount Technology, and Fine Pitch Technology (FPT) to develop compact, high-performing devices.

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    Market Dynamics

    Market Drivers

    • Growing adoption of Industry 4.0 architecture: Automation in chip mounting, pick-and-place machines, and IoT integration is accelerating production efficiency.
    • Increasing demand for consumer electronics and IoT: The need for miniaturized components is driving market expansion.

    Market Trends

    • Rising demand for flexible chip mounters with advanced features: Companies are investing in cost-effective, adaptable systems to integrate SMT, FPT, and THT technologies.
    • Technological advancements in chip mounting solutions: Innovations in biometric sensors, GPS tracking, and wireless connectivity are supporting market growth.

    Market Challenges

    • Requirement for high capital expenditure: The cost of automated chip mounting systems, ranging from USD 35,000 to USD 100,000, is a barrier to entry for some companies.

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    Key Players

    • ASMPT Ltd.
    • Autotronik SMT GmbH
    • Canon Inc.
    • DDM Novastar Inc.
    • Essemtec AG
    • Europlacer Ltd.
    • FAROAD
    • FUJI Corp.
    • Hanwha Corp.
    • Juki Corp.
    • Kulicke and Soffa Industries Inc.
    • Manncorp Inc.
    • Nitto Denko Corp.
    • Nordson Corp.
    • OHASHI ENGINEERING
    • Panasonic Holdings Corp.
    • Shenzhen Langke Automation Equipment Co. Ltd.
    • Zhejiang Huaqi Zhengbang Automation Technology Co.
    • Yamaha Motor Co. Ltd.
    • Zhejiang NeoDen Technology Co. Ltd.

    Future Insights

    The chip mounter market is poised for continued growth as Industry 4.0 adoption, IoT expansion, and miniaturization trends drive demand. Companies are expected to prioritize automation, efficiency, and flexible chip mounting solutions to remain competitive in the evolving electronics manufacturing landscape.

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