Chip Mounter Market
By Product;
Fully Automatic and ManualBy Component;
Head, Driver, Chip Feeder, Position Recognition System and Circuit Board Conveyance SystemBy Technology;
Through Hole Technology, Surface Mount Technology and Fine Pitch TechnologyBy Application;
Consumer Electronics, Medical, Automotive, Telecommunication, Manufacturing and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Chip Mounter Market Overview
Chip Mounter Market (USD Million)
Chip Mounter Market was valued at USD 6,781.23 million in the year 2024. 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%.
Chip Mounter Market
*Market size in USD million
CAGR 5.8 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 5.8 % | 
| Market Size (2024) | USD 6,781.23 Million | 
| Market Size (2031) | USD 10,062.55 Million | 
| Market Concentration | Medium | 
| Report Pages | 391 | 
Major Players
- ASM Pacific Technology
 - Fuji Machine Mfg
 - Yamaha Motor
 - JUKI
 - Hanwha Precision Machinery
 - Panasonic
 - Mycronic
 - ITW EAE
 - Universal Instruments
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Chip Mounter Market
Fragmented - Highly competitive market without dominant players
The Chip Mounter Market is rapidly expanding, with over 50% of manufacturing operations deploying advanced machines for high-speed, precision PCB assembly. This momentum creates meaningful opportunities for companies offering systems with vision accuracy, real-time analytics, and modular upgrades. Businesses are applying refined strategies to cut cycle times, improve quality control, and streamline changeovers—supporting long-term growth and enabling broader expansion of automated production.
Cutting-Edge Innovation in Component Placement
Approximately 48% of modern chip mounters now feature advanced inspection, AI-based setup automation, and feeder optimization—showcasing core technological advancements. These innovations reduce material waste, improve component accuracy, and ensure continuous operation. Providers are enhancing their offerings with digital twin simulations and adaptive alignment tools, sustaining competitive innovation and accelerating market expansion.
Collaborative Ecosystems Driving Integration
Over 55% of equipment vendors form strong collaborations with EMS providers, robotics experts, and PCB software firms to create seamless manufacturing ecosystems. These partnerships ensure cross-platform compatibility, real-time performance monitoring, and simplified user training. This level of integration builds a solid future outlook for smart SMT deployment across industries.
Future Outlook Anchored in Smart Factory Trends
Close to 53% of manufacturers are prioritizing SMT systems with cloud connectivity, AI-driven quality checks, and remote diagnostics. This promising future outlook reflects rising demand for flexible and intelligent assembly platforms. These systems encourage ongoing innovation, increase automation intelligence, and fuel strong expansion across electronic manufacturing hubs.
Chip Mounter Market Recent Developments
-  
In December 2023, Yamaha Motors expanded its range of surface-mount technology (SMT) chip mounters, with a focus on the automotive and industrial automation sectors. This move strengthens Yamaha’s position in advanced manufacturing solutions.
 -  
In March 2024, Panasonic unveiled a new high-speed chip mounter that boosts throughput by 30%. Designed to optimize production lines, the innovation supports growing demand in IoT and consumer electronics manufacturing.
 
Chip Mounter Market Segment Analysis
In this report, the Chip Mounter Market has been segmented by Product, Component, Technology, Application and Geography.
Chip Mounter Market, Segmentation by Product
The Product axis differentiates solutions by their level of automation and production throughput, shaping capital expenditure, labor models, and overall line efficiency. Vendors emphasize precision placement, changeover speed, and software-driven optimization to meet evolving mix-volume needs across EMS and OEM facilities. Strategic priorities include partnerships for factory integration, modular upgrades, and lifecycle services that reduce total cost of ownership while sustaining quality in complex SMT workflows.
Fully Automatic
Fully Automatic systems dominate high-throughput environments where takt time and yield are critical. They integrate advanced feeders, vision alignment, and closed-loop control to maintain consistent placement accuracy on dense boards. Buyers prioritize software analytics, predictive maintenance, and seamless MES connectivity to drive Overall Equipment Effectiveness (OEE), improve first-pass yield, and standardize production across multi-site networks.
Manual
Manual chip mounters serve prototyping, NPI, and low-volume/High-Mix lines where flexibility and cost containment matter more than peak throughput. These units help shorten development cycles, enable rapid engineering iterations, and support repair or specialty builds. Vendors differentiate through ergonomic design, ease of setup, and compatibility with common feeders, giving smaller manufacturers and labs an affordable route to professional placement capability.
Chip Mounter Market, Segmentation by Component
The Component segmentation explains performance levers within the mounter architecture, from placement mechanics to board handling and machine vision. Investment typically targets subsystems that raise accuracy, minimize downtime, and streamline changeovers. Suppliers focus on integrating smarter mechatronics, robust feeders, and high-fidelity cameras, while ensuring serviceability and parts availability to sustain long life in demanding production environments.
HeadThe placement Head defines speed, accuracy, and component range, using multi-nozzle arrays and high-response actuators for rapid pick-and-place. Enhancements in servo control, lightweight materials, and real-time compensation reduce vibration and improve micro-component handling. Vendors highlight modular head designs to balance CPH (components per hour) with precision across diverse product mixes.
Driver
The Driver subsystem powers precise motion across axes, ensuring stable traverses and repeatable placement. Advanced drive electronics and motion profiles reduce thermal drift and enhance reliability in continuous operation. Buyers look for robust drivers with diagnostics that support predictive maintenance and minimize unplanned stoppages.
Chip Feeder
Chip Feeders influence uptime, changeover speed, and scrap rates by delivering components consistently to the head. Innovations include intelligent feeders with auto-ID, remaining-part estimation, and fast docking to accelerate product switches. High feeder density and compatibility with varied packaging formats are key selection criteria for high-mix plants.
Position Recognition System
The Position Recognition System leverages high-resolution cameras, lighting, and algorithms to align parts and boards accurately. Modern systems integrate AI-assisted vision, fiducial recognition, and warpage compensation to safeguard quality on miniaturized layouts. Improved recognition speed directly lifts throughput while maintaining stringent placement tolerances.
Circuit Board Conveyance System
The Circuit Board Conveyance System governs board flow, buffering, and handoff between process steps, impacting line balancing and cycle time. Features such as adjustable rails, SMEMA/IPC interoperability, and inline buffering enable smooth integration with printers, reflow ovens, and inspection. Reliability and ease of maintenance are pivotal to sustaining OEE in continuous operations.
Chip Mounter Market, Segmentation by Technology
The Technology axis reflects distinct assembly paradigms aligned to component types, board density, and legacy or advanced processes. While Surface Mount Technology drives mainstream growth through miniaturization and automation, Through Hole Technology remains vital in power and ruggedized designs. Fine Pitch Technology addresses advanced packaging with tighter tolerances, requiring superior vision, calibration, and process control to sustain yield on complex layouts.
Through Hole Technology
Through Hole Technology (THT) persists in applications demanding mechanical robustness, higher current handling, or thermal performance. Integrators blend selective insertion with SMT to support mixed-technology boards. Investments focus on repeatability, ergonomic changeovers, and integration with wave or selective soldering to maintain quality at competitive costs.
Surface Mount Technology
Surface Mount Technology (SMT) is the workhorse for high-density, high-speed electronics assembly, enabling compact designs and scalable automation. Capabilities such as 0201/01005 handling, advanced vision, and fast feeders allow manufacturers to meet demanding consumer and industrial cycles. Continuous improvements in software, line balancing, and analytics help maximize throughput while protecting first-pass yield.
Fine Pitch Technology
Fine Pitch Technology targets micro-BGAs, QFNs, and advanced packages where pad spacing requires exceptional alignment and thermal stability. Systems emphasize precision optics, warpage control, and closed-loop placement verification to mitigate defects. As designs push miniaturization, fine-pitch capability becomes a strategic differentiator for EMS providers seeking premium contracts.
Chip Mounter Market, Segmentation by Application
The Application segmentation maps demand across end-use industries, each with unique requirements for reliability, compliance, and production cadence. Vendors tailor solutions for high-mix agility, traceability, and regulated manufacturing, aligning service models and upgrades with lifecycle expectations. Growth strategies emphasize co-development with OEMs, localized support, and digital tools that compress NPI timelines while elevating quality.
Consumer Electronics
Consumer Electronics drives volumes with frequent model refreshes and aggressive time-to-market targets. Lines prioritize ultra-fast changeovers, compact footprint, and analytics that improve yield learning during ramp. Suppliers compete on throughput, feeder density, and integration with high-speed inspection to sustain margin under price pressure.
Medical
Medical applications require rigorous compliance, traceability, and validated processes to meet regulatory expectations. Manufacturers value stable placement, documentation-ready software, and environmental controls that support risk management. Service, calibration, and long-term parts availability are crucial to lifecycle planning in this sector.
Automotive
Automotive demands high reliability for under-hood, ADAS, and infotainment electronics, emphasizing PPM-level quality and robustness. Chip mounters must support fine-pitch power and mixed-technology boards, with strong MES ties for traceability. Vendors highlight durability, redundancy, and analytics that prevent drift in 24/7 production.
Telecommunication
Telecommunication production spans network gear and edge devices, prioritizing dense RF assemblies and consistent signal integrity. Systems with accurate placement and advanced vision help manage complex component stacks. Flexible feeders and software-driven recipes enable rapid response to product variant changes across regions.
Manufacturing
Manufacturing covers industrial control, energy, and instrumentation where longevity and serviceability matter. Buyers seek ruggedized equipment, stable processes, and lifecycle support that ensures uptime. Scalable configurations allow plants to add heads, feeders, or software features as product portfolios evolve.
Others
Others includes niche and emerging use cases such as aerospace, defense, and specialty electronics, each with distinct qualification requirements. Here, flexibility, documentation, and engineering collaboration are decisive for winning programs. Vendors position modular platforms and expert services to address project-specific constraints.
Chip Mounter Market, Segmentation by Geography
In this report, the Chip Mounter Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America features advanced EMS capacity, strong automation adoption, and emphasis on supply-chain resilience. Buyers prioritize integration with factory software, predictive maintenance, and workforce upskilling to manage high-mix programs. Policies encouraging domestic electronics manufacturing support capital investment in state-of-the-art SMT lines.
Europe
Europe focuses on quality, sustainability, and regulatory compliance, with robust demand from automotive, industrial, and medical sectors. Manufacturers invest in precision placement and energy-efficient equipment to meet environmental targets. Regional ecosystems favor collaborations between OEMs, EMS, and research institutes to accelerate advanced packaging capabilities.
Asia Pacific
Asia Pacific is the manufacturing hub with extensive supplier networks, competitive cost structures, and rapid technology diffusion. Large-scale facilities seek high-speed systems and line analytics to manage massive product volumes and short cycles. Ecosystem depth—from components to contract assembly—supports continual expansion and innovation.
Middle East & Africa
Middle East & Africa shows emerging interest in electronics assembly aligned to industrial diversification and infrastructure programs. Early projects emphasize training, service partnerships, and scalable platforms that can expand with local demand. Strategic imports of expertise and after-sales support are critical to building sustainable capability.
Latin America
Latin America presents pockets of growth supported by nearshoring trends, consumer electronics, and industrial automation. Buyers value adaptable equipment, reliable parts supply, and vendor-led process optimization. Policy incentives and logistics improvements can further unlock regional competitiveness in SMT assembly.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Chip Mounter Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Technological advancements
 - Consumer electronics
 -  
Automotive electronics: The automotive electronics sector significantly impacts the Global Chip Mounter Market, driven by the increasing integration of advanced electronic systems in vehicles. Modern automobiles are equipped with a plethora of electronic components that enhance safety, connectivity, and performance, such as advanced driver-assistance systems (ADAS), infotainment systems, and engine control units (ECUs). These components require precise placement on printed circuit boards (PCBs), necessitating the use of high-speed and high-accuracy chip mounters. As the automotive industry continues to innovate with electric vehicles (EVs), autonomous driving technologies, and connected car solutions, the demand for sophisticated chip mounters is expected to grow substantially.
Technological advancements in chip mounters are crucial to meeting the stringent requirements of the automotive industry. The need for high reliability, durability, and performance in automotive electronics drives the adoption of advanced surface mount technology (SMT) and through-hole technology (THT) chip mounters. SMT is particularly favored for its ability to support miniaturization and high-density component placement, which are essential for modern vehicle designs. Moreover, the integration of artificial intelligence (AI) and machine learning in chip mounters enhances production efficiency, defect detection, and real-time monitoring, ensuring the high quality and consistency demanded by automotive manufacturers.
Regions with a strong automotive industry presence, such as Europe, North America, and Asia Pacific, are leading contributors to the automotive electronics segment of the chip mounter market. Europe, with its well-established automotive giants and stringent regulatory standards, invests heavily in advanced manufacturing technologies. North America, driven by innovation and a robust R&D ecosystem, sees significant demand for cutting-edge chip mounters. Asia Pacific, particularly countries like Japan, South Korea, and China, serves as a major manufacturing hub for automotive electronics, supported by extensive production facilities and significant investments in automotive technology. As automotive electronics continue to evolve, the chip mounter market is poised for sustained growth, fueled by the demand for advanced electronic systems in vehicles.
 
Restraints
- High Cost
 - Technical Complexity
 -  
Skilled Labor: Skilled labor remains a critical factor in the Global Chip Mounter Market, particularly due to the specialized nature of operating and maintaining advanced manufacturing equipment like chip mounters. As technology in surface mount and through-hole mounting continues to evolve, the demand for skilled technicians and engineers proficient in these processes remains high. These professionals are essential for ensuring efficient production, minimizing downtime, and maintaining high-quality standards in electronics manufacturing.
In the context of surface mount technology (SMT), skilled labor is needed for programming, setting up, and fine-tuning the chip mounters to handle diverse components and PCB layouts. Technicians proficient in SMT operations are required to interpret technical specifications, troubleshoot equipment issues, and optimize production workflows to meet tight manufacturing tolerances and deadlines. Their expertise is crucial in maximizing the efficiency and output of chip mounting processes, thereby contributing to overall manufacturing productivity.
In through-hole technology (THT), skilled labor plays a vital role in assembling and soldering components that require manual insertion and soldering onto PCBs. These technicians possess specialized knowledge in handling through-hole components, ensuring proper alignment, soldering quality, and adherence to industry standards for reliability and durability. Their skills are particularly valued in sectors where robust mechanical connections and stringent quality control are paramount, such as aerospace, defense, and automotive electronics.
 
Opportunities
- Consumer Electronics
 - Automotive Electronics
 -  
Industry 4.0: Industry 4.0, characterized by the integration of digital technologies into manufacturing processes, is profoundly impacting the Global Chip Mounter Market. This industrial revolution emphasizes automation, data exchange, artificial intelligence, and IoT (Internet of Things) to create "smart factories" that are more efficient, flexible, and responsive. In the context of chip mounters, Industry 4.0 principles are driving significant advancements in automation and connectivity, revolutionizing the production of electronic devices.
One of the key benefits of Industry 4.0 in the chip mounter market is enhanced efficiency and productivity. Smart chip mounters equipped with AI-driven algorithms can optimize production schedules, predict maintenance needs, and minimize downtime, thereby improving overall operational efficiency. Real-time monitoring and data analytics enable manufacturers to make data-driven decisions, optimize material usage, and reduce waste, leading to cost savings and improved profitability.
Industry 4.0 facilitates greater customization and flexibility in manufacturing processes. Chip mounters equipped with IoT sensors can communicate with other machines in the production line, adjusting settings in real-time to accommodate different product configurations or production demands. This flexibility is crucial in meeting the diverse needs of industries such as consumer electronics, automotive, and telecommunications, where product lifecycles are short and customization is increasingly valued by consumers.
 
Chip Mounter Market Competitive Landscape Analysis
Chip Mounter Market is experiencing intensified competition as electronics manufacturers enhance strategies to improve assembly efficiency and precision. Around 65% of market revenues are dominated by leading companies focused on collaboration, partnerships, and mergers. The increasing demand for compact and high-speed devices is driving consistent growth across consumer electronics, automotive, and industrial applications.
Market Structure and Concentration
Nearly 70% of the market share is concentrated among established global players with advanced production capabilities. This concentration gives major firms a competitive edge, while regional companies pursue expansion. Through localized strategies and targeted collaboration, smaller entrants are steadily reshaping competition in specialized chip mounting technologies.
Brand and Channel Strategies
More than 55% of sales rely on strong brand presence and effective channel strategies across OEMs and contract manufacturers. Leading suppliers emphasize partnerships with electronics assemblers and distributors to broaden their reach. By aligning strategies with the evolving electronics supply chain, firms are ensuring long-term growth and customer retention.
Innovation Drivers and Technological Advancements
Close to 60% of competitive advantage is attributed to innovation and rapid technological advancements in automation and precision tools. High-speed placement systems, AI-based vision inspection, and modular platforms are transforming assembly lines. Continuous collaboration with research institutes and tech developers fuels innovation-led growth in chip mounting solutions.
Regional Momentum and Expansion
More than 50% of industry expansion is driven by regions investing heavily in electronics manufacturing hubs and semiconductor production. Strong momentum is observed in areas with rising demand for smart devices and automotive electronics. Local manufacturers are strengthening partnerships with global players to accelerate growth and expand market presence.
Future Outlook
Approximately 75% of industry participants are planning broader expansion through automation upgrades and product diversification. The future outlook emphasizes innovation, integrated solutions, and stronger collaboration with semiconductor ecosystems. Sustained growth is expected as chip mounters remain essential to advancing high-performance electronic manufacturing.
Key players in Chip Mounter Market include:
- ASM Pacific Technology
 - Panasonic
 - Juki
 - Hitachi
 - Canon
 - Samsung
 - Essemtec
 - Ohashi Engineering
 - Nordson
 - Sony
 - Sun Electronic Industries Corporation
 - TOA
 - Mycronic
 - Viscom
 - Fuji Machine Mfg.
 
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
 - Market Share Analysis
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Product
 - Market Snapshot, By Component
 - Market Snapshot, By Technology
 - Market Snapshot, By Application
 - Market Snapshot, By Region
 
 - Chip Mounter Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
- Technological advancements
 - Consumer electronics
 - Automotive electronics
 
 - Restraints 
- High Cost
 - Technical Complexity
 - Skilled Labor
 
 - Opportunities 
- Consumer Electronics
 - Automotive Electronics
 - Industry 4.0
 
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Chip Mounter Market, By Product, 2021 - 2031 (USD Million) 
- Fully Automatic
 - Manual
 
 - Chip Mounter Market, By Component, 2021 - 2031 (USD Million) 
- Head
 - Driver
 - Chip Feeder
 - Position Recognition System
 - Circuit Board Conveyance System
 
 - Chip Mounter Market, By Technology, 2021 - 2031 (USD Million) 
- Through Hole Technology
 - Surface Mount Technology
 - Fine Pitch Technology
 
 - Chip Mounter Market, By Application, 2021 - 2031 (USD Million) 
- Consumer Electronics
 - Medical
 - Automotive
 - Telecommunication
 - Manufacturing
 - Others
 
 -  Chip Mounter Market, By Geography, 2021 - 2031 (USD Million) 
- North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia & New Zealand
 - South Korea
 - ASEAN (Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 
 - North America 
 
 - Chip Mounter Market, By Product, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- ASM Pacific Technology
 - Panasonic
 - Juki
 - Hitachi
 - Canon
 - Samsung
 - Essemtec
 - Ohashi Engineering
 - Nordson
 - Sony
 - Sun Electronic Industries Corporation
 - TOA
 - Mycronic
 - Viscom
 - Fuji Machine Mfg.
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

