Chip Mounter Market Growth and Size, Rising Trends, Revenue, Scope, Key Players, Challenges, Future Opportunities and Forecast till 2033: SPER Market Research

Chip Mounter Market

A chip mounter which is also referred to as a surface mount technology (SMT) machine or pick-and-place machine, is a machine that automatically positions electronic components onto printed circuit boards (PCBs). Chip mounters are essential to the large-scale manufacturing of PCBs, as they can swiftly and precisely position numerous chips onto a circuit board. They are utilized to install various components, such as resistors, capacitors, integrated circuits (ICs), and microprocessors. The chip mounter functions through a series of stages: first, it places the PCB onto a conveyor system; next, it gathers components from feeders utilizing a placement head that is outfitted with vacuum nozzles. A vision system guarantees proper alignment and positioning prior to the placement of the components on the PCB.

According to SPER Market Research, ‘Chip Mounter Market Size- By Type, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033′ states that the Global Chip Mounter Market is estimated to reach USD 11.14 billion by 2033 with a CAGR of 5.29 %.

DRIVERS: There is surging demand from smartphones, tablets, and wearables which is propelling the market for chip mounters. As consumer electronics are continuously designed with increasingly intricate functionalities, the assembly of SMDs on PCBs must be both efficient and precise. This can be mainly ascribed to the broadened electronics market, where substantial production requirements can only be met by cutting-edge manufacturing technologies like chip mounters. Manufacturers are consistently redirecting their attention towards implementing automated systems, which improve production efficiency, decrease labour, and enhance product quality. Chip mounters equipped with modern features such as AI-driven analytics, real-time monitoring, and predictive maintenance have become an essential requirement in today’s manufacturing landscape.

RESTRAINTS: The growing intricacy of semiconductor designs necessitates that chip mounters manage smaller components with precise accuracy. This requirement tests the boundaries of existing technologies, requiring expensive upgrades and proficient operators, which numerous manufacturers might struggle to finance. Recent interruptions in the semiconductor supply chain have resulted in delays in the accessibility of essential components for chip mounter manufacturing. Such interruptions can prolong lead times and influence the prompt delivery of equipment to producers. As electronic devices grow more complex, current chip mounter technologies may find it difficult to meet the changing demands of manufacturers. The failure to adjust swiftly can impede competitiveness in a fast-evolving market.

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The market for global chip mounter is dominated by Asia pacific region especially China due to robust electronics manufacturing base and high demand for consumer electronics. Some of its key players are – FAROAD, Panasonic Corp, Universal Instruments, Mycronic, Juki Corp.

Chip Mounter Market Segmentation:

By Technology: Based on the Technology, Global Chip Mounter Market is segmented as; Hole Technology, Surface Mount Technology, Fine Pitch Technology.

By Application: Based on the Application, Global Chip Mounter Market is segmented as; Consumer Electronics, Medical, Automotive, Telecommunication, Others.

By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.

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Chip Mounter Market Outlook

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