Chip Mounter Market size to grow by USD 1,342.18 million from 2022 to 2027, Growing demand for printed circuit boards to drive the market growth - Technavio

NEW YORK, May 2, 2023 /PRNewswire/ -- The global chip mounter market size is estimated to increase by USD 1,342.18 million from 2022 to 2027. The market's growth momentum will be progressing at a CAGR of 4.95% during the forecast period. The chip mounter market growth is especially driven by increasing demand for printed circuit boards. The demand for printed circuit boards is increasing due to their use in manufacturing electronic products such as communication equipment, consumer electronics, computers, and micro-electromechanical systems. PCB manufacturers are adopting mass production strategies to meet this demand. PCBs form the core component of electronic products, providing electronic conduction paths for multiple components such as ICs, capacitors, resistors, transistors, and diodes. In order to quickly assemble these components onto circuit boards, it became necessary to use chip mounters that allow high throughput of circuit board manufacturing without overlap and poor connection problems. Discover some insights on the market size, historic period (2017 to 2021), and Forecast 2023-2027 before buying the full report -Request a sample report

Chip mounter market – Vendor Analysis
Vendor Landscape - The global chip mounter market is fragmented with the presence of several global as well as regional vendors. A few prominent vendors that offer chip mounter in the market are ASM Pacific Technology 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 Co. Ltd., Panasonic Holdings Corp., Shenzhen Langke Automation Equipment Co. Ltd., Wenzhou Zhengbang Electronic Equipment Co. Ltd., Yamaha Motor Co. Ltd., and Zhejiang NeoDen Technology Co. Ltd. and others.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings -

• ASM Pacific Technology Ltd. - The company offers chip mounters such as Siplace CA.
• Autotronik SMT GmbH - The company offers chip mounters such as HM520 chip mounter.
• Essemtec AG - The company offers chip mounters such as Puma4.
• For details on the vendor and their offerings – Request a sample report

Chip Mounter Market - Segmentation Assessment

Segment Overview

This report extensively covers market segmentation by technology (SMT and THT), application (communications, computers, consumer electronics, automotive, and other applications), and geography (APAC, Europe, North America, South America, and the Middle East and Africa).

• The market share growth by the SMT segment is significant for the growth of the market during the forecast period. With these advanced production capabilities, more and more electronic product manufacturers are using chip mounters for SMT-based PCB production. Additionally, the growing demand for miniaturized electronic devices such as smart wearables, mobile phones, and MP3 players, and the high precision placement of miniature components on the miniature circuit boards used in such miniaturized devices has driven the use of SMT. There is an increasing demand for the use of chip mounters in the industry. The increasing miniaturization of electronic components has led to the development of advanced ICs that integrate sub-micron features down to 0.8 microns. The manual assembly method for mass-producing such compact circuit boards using SMT is highly error-prone. 

Geography Overview
By geography, the global chip mounter market is segmented into APAC, Europe, North America, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global chip mounter market.

• APAC is estimated to account for 47% of the market growth during the forecast period. The growth is due to reasons such as the strong demand for chip mounters for PCB assembling in countries such as China, India, Japan, Taiwan, and South Korea. Factors like the rapid industrialization and significant production of consumer electronics, automobiles, and industrial machinery in these countries drive the demand for chip mounters. Moreover, the rapidly growing end-user industries, such as automotive, electrical and electronics, and aerospace and defense, the competitive production rate and manufacturing costs, and the high economic growth rates are also some of the major factors that will support the growth of the market during the forecast period. 

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Chip Mounter Market – Market Dynamics

Key Trends - 

• An emerging trend in the market is the increasing demand for 5G chipsets, which is expected to have a positive impact on the growth of the global market during the forecast period.
• It offers many advantages and promotes the development of industries such as industrial Internet, AR/VR, cloud gaming, and real-time computing.
• The integrated 5G chipset speeds up data processing and transfers with 10x the transfer speed of 4G.
• Currently, 186 operators in 48 countries are planning to develop 5G, with North America, Europe and Asia accounting for 75% of all spectrum deployments.
• Hence, such trends are expected to drive market growth over the forecast period. 

Major challenges -

• Market growth is hampered by technical challenges in producing quality chip mounters. 
• Chip mounters are indispensable for automating assembly lines and improving manufacturing efficiency. Miniaturization of printed circuit boards and their components requires continuous improvement in assembly efficiency.
• However, the demand for miniaturization requires chip assemblers to work with reduced component pitches on printed circuit boards, which can introduce errors during operation. Problems related to equipment alignment or improper placement can impact end-user operational efficiency.
• Optimizing part feed position, visual system impact, placement head travel speed, and nozzle role and part placement sequence together is a challenging process for vendors.
• These factors are therefore expected to limit the growth of the market during the forecast period. 

Driver, Trend & Challenges are the factor of market dynamics which states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this Chip Mounter Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the chip mounter market from 2023 to 2027
• Precise estimation of the size of the chip mounter market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the chip mounter market across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of the chip mounter market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global chip mounter market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global chip mounter market 2017 - 2021 ($ million)

• 4.2 Technology Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

• 6.1 Market segments 
• Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)

• 6.2 Comparison by Technology 
• Exhibit 32: Chart on Comparison by Technology
• Exhibit 33: Data Table on Comparison by Technology

• 6.3 SMT - Market size and forecast 2022-2027
• Exhibit 34: Chart on SMT - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on SMT - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on SMT - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on SMT - Year-over-year growth 2022-2027 (%)

• 6.4 THT - Market size and forecast 2022-2027
• Exhibit 38: Chart on THT - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on THT - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on THT - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on THT - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Technology 
• Exhibit 42: Market opportunity by Technology ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 43: Chart on Application - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 45: Chart on Comparison by Application
• Exhibit 46: Data Table on Comparison by Application

• 7.3 Communications - Market size and forecast 2022-2027
• Exhibit 47: Chart on Communications - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Communications - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Communications - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Communications - Year-over-year growth 2022-2027 (%)

• 7.4 Computers - Market size and forecast 2022-2027
• Exhibit 51: Chart on Computers - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Computers - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Computers - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Computers - Year-over-year growth 2022-2027 (%)

• 7.5 Consumer electronics - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)

• 7.6 Automotive - Market size and forecast 2022-2027
• Exhibit 59: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 7.7 Other applications - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Other applications - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Other applications - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Other applications - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Other applications - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Application 
• Exhibit 67: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027
• Exhibit 109: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 ASM Pacific Technology Ltd. 
• Exhibit 120: ASM Pacific Technology Ltd. - Overview
• Exhibit 121: ASM Pacific Technology Ltd. - Business segments
• Exhibit 122: ASM Pacific Technology Ltd. - Key offerings
• Exhibit 123: ASM Pacific Technology Ltd. - Segment focus

• 12.4 Autotronik SMT GmbH 
• Exhibit 124: Autotronik SMT GmbH - Overview
• Exhibit 125: Autotronik SMT GmbH - Product / Service
• Exhibit 126: Autotronik SMT GmbH - Key offerings

• 12.5 Essemtec AG 
• Exhibit 127: Essemtec AG - Overview
• Exhibit 128: Essemtec AG - Product / Service
• Exhibit 129: Essemtec AG - Key offerings

• 12.6 FAROAD 
• Exhibit 130: FAROAD - Overview
• Exhibit 131: FAROAD - Product / Service
• Exhibit 132: FAROAD - Key offerings

• 12.7 FUJI Corp. 
• Exhibit 133: FUJI Corp. - Overview
• Exhibit 134: FUJI Corp. - Business segments
• Exhibit 135: FUJI Corp. - Key offerings
• Exhibit 136: FUJI Corp. - Segment focus

• 12.8 Hanwha Corp. 
• Exhibit 137: Hanwha Corp. - Overview
• Exhibit 138: Hanwha Corp. - Product / Service
• Exhibit 139: Hanwha Corp. - Key news
• Exhibit 140: Hanwha Corp. - Key offerings

• 12.9 Juki Corp. 
• Exhibit 141: Juki Corp. - Overview
• Exhibit 142: Juki Corp. - Business segments
• Exhibit 143: Juki Corp. - Key offerings
• Exhibit 144: Juki Corp. - Segment focus

• 12.10 Kulicke and Soffa Industries Inc.
• Exhibit 145: Kulicke and Soffa Industries Inc. - Overview
• Exhibit 146: Kulicke and Soffa Industries Inc. - Business segments
• Exhibit 147: Kulicke and Soffa Industries Inc. - Key offerings
• Exhibit 148: Kulicke and Soffa Industries Inc. - Segment focus

• 12.11 Manncorp Inc. 
• Exhibit 149: Manncorp Inc. - Overview
• Exhibit 150: Manncorp Inc. - Product / Service
• Exhibit 151: Manncorp Inc. - Key offerings

• 12.12 Nitto Denko Corp. 
• Exhibit 152: Nitto Denko Corp. - Overview
• Exhibit 153: Nitto Denko Corp. - Business segments
• Exhibit 154: Nitto Denko Corp. - Key offerings
• Exhibit 155: Nitto Denko Corp. - Segment focus

• 12.13 Nordson Corp. 
• Exhibit 156: Nordson Corp. - Overview
• Exhibit 157: Nordson Corp. - Business segments
• Exhibit 158: Nordson Corp. - Key news
• Exhibit 159: Nordson Corp. - Key offerings
• Exhibit 160: Nordson Corp. - Segment focus

• 12.14 Ohashi Engineering Co. Ltd. 
• Exhibit 161: Ohashi Engineering Co. Ltd. - Overview
• Exhibit 162: Ohashi Engineering Co. Ltd. - Product / Service
• Exhibit 163: Ohashi Engineering Co. Ltd. - Key offerings

• 12.15 Panasonic Holdings Corp. 
• Exhibit 164: Panasonic Holdings Corp. - Overview
• Exhibit 165: Panasonic Holdings Corp. - Business segments
• Exhibit 166: Panasonic Holdings Corp. - Key news
• Exhibit 167: Panasonic Holdings Corp. - Key offerings
• Exhibit 168: Panasonic Holdings Corp. - Segment focus

• 12.16 Shenzhen Langke Automation Equipment Co. Ltd.
• Exhibit 169: Shenzhen Langke Automation Equipment Co. Ltd. - Overview
• Exhibit 170: Shenzhen Langke Automation Equipment Co. Ltd. - Product / Service
• Exhibit 171: Shenzhen Langke Automation Equipment Co. Ltd. - Key offerings

• 12.17 Yamaha Motor Co. Ltd. 
• Exhibit 172: Yamaha Motor Co. Ltd. - Overview
• Exhibit 173: Yamaha Motor Co. Ltd. - Business segments
• Exhibit 174: Yamaha Motor Co. Ltd. - Key news
• Exhibit 175: Yamaha Motor Co. Ltd. - Key offerings
• Exhibit 176: Yamaha Motor Co. Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 177: Inclusions checklist
• Exhibit 178: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 179: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 180: Research methodology
• Exhibit 181: Validation techniques employed for market sizing
• Exhibit 182: Information sources

• 13.5 List of abbreviations 
• Exhibit 183: List of abbreviations

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