Chip Mounter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Chip Mounter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global chip mounter market size reached US$ 6.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.74% during 2023-2028.

The chip mounting technology has experienced significant development over the last few decades and has emerged as a practical solution for achieving higher densities in packaging systems. It was initially introduced as the conventional Through Hole Technology (THT), which later resurfaced as Surface Mount Technology (SMT) and then the Fine Pitch Technology (FPT). Nowadays, the majority of manufacturers utilize both SMT and THT for mounting chips on substrates. These technologies are used in a number of industries which include automotive, telecommunication, medical and electronics.

Market Drivers:
On account of factors such as the rising demand for laptops and smartphones, growing internet penetration, and automation in household electronic goods, the consumer electronics industry has experienced robust growth over the past few years. As chip mounters are used to assemble semiconductor components on PCBs in consumer electronics, the escalating demand for these gadgets and appliances is strengthening the growth of the market. Moreover, electronic chipsets play a vital role in the production of miniature electronic devices where they assist in reducing the dimensions of integrated circuits. With the increasing demand for compact gadgets and wearables, manufacturers are increasingly using these chipsets to reduce the overall size of the devices without affecting their performance. Apart from this, to keep pace with the rising level of integration, hardware developers are investing in the development of new techniques to manage more circuitry at similar costs.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global chip mounter market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on technology and application.

Breakup by Technology:

Hole Technology
Surface Mount Technology
Fine Pitch Technology

Breakup by Application:

Consumer Electronics
Medical
Automotive
Telecommunication
Others

Breakup by Region:

Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Hitachi, Samsung, Panasonic, Juki, ASM Pacific Technology, Canon, Essemtec, Ohashi Engineering, Nordson, Sony, Sun Electronic Industries Corporation, TOA, etc.

Key Questions Answered in This Report
1. What was the size of the global chip mounter market in 2022?
2. What is the expected growth rate of the global chip mounter market during 2023-2028?
3. What are the key factors driving the global chip mounter market?
4. What has been the impact of COVID-19 on the global chip mounter market?
5. What is the breakup of the global chip mounter market based on the technology?
6. What is the breakup of the global chip mounter market based on the application?
7. What are the key regions in the global chip mounter market?
8. Who are the key players/companies in the global chip mounter market?