Chip Mounter Market

By Type;

High Speed Chip Mounters, Medium Speed Chip Mounters, and Low Speed Chip Mounters

By Technology;

SMT and THT

By Application;

Communications, Computers, Consumer Electronics, Automotive, and Other

By Geography;

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

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 Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 6,781.23 Million
Market Size (2031)USD 10,062.55 Million
Market ConcentrationMedium
Report Pages391
6,781.23
2024
10,062.55
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type

    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. 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. Chip Mounter Market, By Type, 2021 - 2031 (USD Million)

      1. High Speed Chip Mounters

      2. Medium Speed Chip Mounters

      3. Low Speed Chip Mounters

    2. Chip Mounter Market, By Technology, 2021 - 2031 (USD Million)

      1. SMT

      2. THT

    3. Chip Mounter Market, By Application, 2021 - 2031 (USD Million)
      1. Communications
      2. Computers
      3. Consumer Electronics
      4. Automotive
      5. Other
    4. 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 (Association of South East Asian Countries)
        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