Global Chip Mounter Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Communications , Computers , Consumer Electronics, Automotive, and Other.

By Technology;

SMT and THT.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn111275144 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Chip Mounter Market (USD Million), 2021 - 2031

In the year 2024, the Global Chip Mounter Market was valued at USD 6,781.23 million. The size of this market is expected to increase to USD 10,062.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The Global Chip Mounter Market, also known as the Surface Mount Technology (SMT) equipment market, is witnessing significant growth due to the increasing demand for electronic devices across various industries. Chip mounters are essential in the manufacturing process of electronic circuits, playing a pivotal role in placing surface-mount devices (SMDs) onto printed circuit boards (PCBs) with high precision and speed. The market's expansion is driven by the continuous advancements in consumer electronics, automotive electronics, telecommunications, and industrial automation, which require sophisticated and miniaturized electronic components.

Technological advancements are a key driver in the chip mounter market, with manufacturers constantly innovating to enhance the efficiency, accuracy, and flexibility of their equipment. The integration of artificial intelligence (AI) and machine learning in chip mounters is revolutionizing the industry by enabling predictive maintenance, real-time monitoring, and improved defect detection. The trend towards Industry 4.0 and the adoption of smart manufacturing practices are further propelling the demand for advanced chip mounters, as manufacturers seek to optimize production processes and reduce operational costs.

Asia-Pacific dominates the global chip mounter market, primarily due to the presence of major electronics manufacturers and a robust semiconductor industry in countries like China, Japan, South Korea, and Taiwan. The region's dominance is also attributed to the increasing investments in electronics manufacturing and the rising demand for consumer electronics. North America and Europe are also significant markets, driven by the growing adoption of advanced electronics in the automotive and industrial sectors. As the global demand for electronic devices continues to rise, the chip mounter market is poised for sustained growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Region
  4. Global Chip Mounter Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Consumer electronics
        3. Automotive electronics
      2. Restraints
        1. High Cost
        2. Technical Complexity
        3. Skilled Labor
      3. Opportunities
        1. Consumer Electronics
        2. Automotive Electronics
        3. Industry 4.0
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Chip Mounter Market, By Application, 2021 - 2031 (USD Million)
      1. Communications
      2. Computers
      3. Consumer Electronics
      4. Automotive
      5. Other
    2. Global Chip Mounter Market, By Technology, 2021 - 2031 (USD Million)
      1. SMT
      2. THT
    3. Global Chip Mounter Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ASM Pacific Technology (Singapore)
      2. Fuji Machine Mfg (China)
      3. Yamaha Motor (Japan)
      4. JUKI (Japan)
      5. Hanwha Precision Machinery (South Korea)
      6. Panasonic (Japan)
      7. Mycronic (U.S.)
      8. ITW EAE (U.S.)
      9. Universal Instruments (U.S.)
  7. Analyst Views
  8. Future Outlook of the Market