Global Chip Mounter Market was valued at USD 620 Million in 2022 and is projected to reach USD 1 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The chip mounter market is experiencing significant growth, driven by the escalating demand for consumer electronics and advancements in manufacturing technologies. As someone deeply involved in the electronics industry, I've observed firsthand how these trends are shaping the market landscape.
Key Highlights:
Market Size and Growth: The global chip mounter market was valued at approximately USD 6.6 billion in 2024 and is projected to reach USD 10.1 billion by 2033, growing at a CAGR of 4.55% during 2025-2033.
Technological Advancements: The shift from traditional Through Hole Technology (THT) to Surface Mount Technology (SMT) and Fine Pitch Technology (FPT) has revolutionized chip mounting, allowing for higher packaging densities and more compact electronic devices.
Industry Applications: Chip mounters are essential in various sectors, including consumer electronics, automotive, medical, and telecommunications, ensuring precise placement of components on printed circuit boards (PCBs).
In my experience, the adoption of SMT and FPT has enabled manufacturers to produce smaller, more efficient devices. For instance, in the production of modern smartphones, chip mounters play a crucial role in placing tiny components accurately, ensuring device reliability and performance.
Moreover, the rise of wearable technology has further propelled the demand for advanced chip mounters. Devices like smartwatches and fitness trackers require miniaturized components, and chip mounters facilitate the high-precision assembly needed for these compact gadgets.
However, it's worth noting that the high cost of advanced chip mounters can be a barrier for smaller manufacturers. Investing in such equipment requires substantial capital, which may not be feasible for all players in the market.
Looking ahead, the integration of Industry 4.0 principles, emphasizing automation and data exchange in manufacturing, is expected to drive further advancements in chip mounter technologies. This evolution aims to enhance production efficiency, flexibility, and quality control.
Get an In-Depth Research Analysis of the Global Chip Mounter Market Size And Forecast [2025-2032]
ASM Pacific Technology
Fuji Machine Mfg
Yamaha Motor
JUKI
Hanwha Precision Machinery
Panasonic
Mycronic
Assembleon(K&S)
ITW EAE
Universal Instruments
Europlacer
Mirae
BTU
Versatec
EvestCorporation
Autotronik
DDM Novastar
GKG
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Chip Mounter Market
Consumer Electronics
Medical
Automotive
Telecommunications Equipment
Others
Based on Types the Market is categorized into Below types that held the largest Chip Mounter market share In 2023.
Surface Mount Technology (SMT) Equipment
Through hole technology (THT) Equipment
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Chip Mounter Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Chip Mounter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Chip Mounter Market, By Type
6. Global Chip Mounter Market, By Application
7. Global Chip Mounter Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Chip Mounter Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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