Chip Mounter Market Outlook

According to the report by Expert Market Research (EMR), the global chip mounter market size was a value of USD 5.20 Billion in 2024. Aided by the rising demand for electronic devices and the increasing adoption of automation in manufacturing processes, the market is projected to grow at a CAGR of 4.80%% between 2025 and 2034 to reach a value of USD 8.31 Billion by 2034.

A chip mounter, also known as a pick-and-place machine, is a crucial component in surface-mount technology (SMT) assembly lines. These machines are designed to place electronic components precisely onto printed circuit boards (PCBs), ensuring high efficiency and accuracy in electronic manufacturing. With the increasing miniaturization of electronic devices and advancements in semiconductor technology, the demand for chip mounters continues to surge across industries such as consumer electronics, automotive, healthcare, and telecommunications.

Drivers of Growth

The global chip mounter market is primarily driven by the escalating demand for consumer electronics, including smartphones, laptops, smart wearables, and IoT devices. As electronic devices become more compact and sophisticated, manufacturers require highly efficient and precise chip mounting solutions to meet quality and production standards.

Another key driver is the rapid adoption of automation in the electronics manufacturing sector. With the increasing need for high-speed production, improved accuracy, and reduced human intervention, industries are integrating advanced chip mounters to streamline operations and enhance productivity. The ongoing development of Industry 4.0 and smart manufacturing further fuels the adoption of intelligent and automated chip mounters.

Additionally, the growing deployment of 5G infrastructure and expansion of the automotive electronics sector contribute significantly to market growth. With the rising adoption of electric vehicles (EVs) and advanced driver assistance systems (ADAS), there is an increasing need for high-performance PCBs, thereby boosting the demand for advanced chip mounters.

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Chip Mounter Market Trends

One of the prominent trends in the chip mounter market is the increasing use of AI and machine learning in SMT processes. Advanced chip mounters are now equipped with AI-driven vision systems and predictive analytics, enabling real-time defect detection and process optimization.

Another notable trend is the rising preference for high-speed and multi-functional chip mounters. To keep up with evolving electronic designs, manufacturers are investing in flexible mounters capable of handling a diverse range of components, including ultra-small chips and complex microprocessors.

The shift towards environmentally sustainable manufacturing is also influencing the market. Many chip mounter manufacturers are developing energy-efficient machines with low power consumption and minimal material wastage, aligning with global sustainability initiatives.

Chip Mounter Market Segmentation

The market can be divided based on technology, application, and region.

Market Breakup by Technology

• Hole Technology
• Surface Mount Technology
• Fine Pitch Technology

Market Breakup by Application

• Consumer Electronics
• Medical
• Automotive
• Telecommunication
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global chip mounter market. Some of the major players explored in the report by Expert Market Research are as follows:

• Hanwha Group.
• JUKI Corporation
• Others

Market Challenges

Despite the promising growth prospects, the chip mounter market faces several challenges. One of the primary challenges is the high initial investment required for advanced chip mounters. Small and medium-sized enterprises (SMEs) often find it difficult to afford high-end SMT equipment, limiting market penetration.

Another challenge is the shortage of skilled workforce capable of operating and maintaining sophisticated chip mounters. As chip mounting technology becomes more complex, there is a growing demand for skilled technicians and engineers proficient in SMT assembly and automation.

Furthermore, supply chain disruptions and fluctuating raw material costs pose significant challenges for manufacturers. The semiconductor industry has faced considerable supply shortages in recent years, affecting the production and availability of chip mounters.

Industry Opportunities

The growing demand for miniaturized and high-performance electronic components presents significant growth opportunities for the chip mounter market. The expansion of wearable technology, medical electronics, and smart home devices is expected to drive demand for advanced SMT solutions.

The rise of smart factories and digital manufacturing further creates lucrative opportunities. The integration of IoT-enabled chip mounters with real-time monitoring and remote control capabilities enhances operational efficiency, minimizing downtime and improving overall productivity.

Additionally, emerging markets in Asia-Pacific and Latin America offer substantial growth potential. The increasing establishment of electronics manufacturing hubs in countries such as China, India, and Vietnam is expected to propel market expansion, supported by favorable government policies and investments in semiconductor manufacturing.

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