You are currently viewing Global Chip Mounter Market to be Driven by the Growing Electronics Industry in the Forecast Period of 2024-2032

Global Chip Mounter Market to be Driven by the Growing Electronics Industry in the Forecast Period of 2024-2032

The new report by Expert Market Research titled, ‘Global Chip Mounter Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report and Forecast 2024-2032’, gives an in-depth analysis of the global chip mounter market, assessing the market based on its segments like technology, application, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/chip-mounter-market/requestsample

The key highlights of the report include:

Market Overview (2018-2032)

Historical Market Size (2023): USD 4.73 Billion
Forecast CAGR (2024-2032): 4.80%
Forecast Market Size (2032): USD 6.27 Billion

Chip mounters are used in the electronics industry to assemble semiconductors. With respect to achieving high density in terms of packing systems, the global chip mounter market has been steadily expanding in recent years. Electronic gadgets are a big application for the industry.

With growing customer demand and reliance on technology, there is a continuous shift to smartphones and laptops from desktops, LEDs from LCD television sets, and other household products such as washing machines, coffee machines, and other fully automated items. All these technological advancements and transformations necessitate design, user interface, and power processing improvements are facilitating the market’s development. With technological advancements, the global chip mounter market is expected to expand over the forecast period.

Chip Mounter Industry Definition and Major Segments

Chip mounters are widely used in the industry of miniature electronic devices, and they help to reduce the size of integrated circuits. Chip mounters have historically advanced from Through Hole Technology (THT) to Surface Mount Technology (SMT) and Fine Pitch Technology (FPT).

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/chip-mounter-market

Based on technology, the market is divided into:

Hole Technology
Surface Mount Technology
Fine Pitch Technology

The industry can be categorised on the basis application into:

Consumer Electronics
Medical
Automotive
Telecommunication
Others

Regionally, the market is segmented into:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Chip Mounter Market Trends

The consumer electronics market has grown rapidly in recent years as a result of factors like rising demand for laptops and smartphones, increased internet penetration, and automation in domestic electronic goods. Because chip mounters are used to put semiconductor components on PCBs in consumer electronics, the rising demand for these devices and appliances is fueling the market expansion.

Rapid developments have also aided the market growth. For example, Yamaha Motor announced its plans to release the Z: LEX YSM20R all-around surface mounter in January 2018. It can handle a wide variety of output formats and has a mounting speed of 95,000 CPH.

Other vendors on the market are also selling chip mounters that are compliant with advanced technologies such as Internet of Things (IoT). The implementation of such features is assisting vendors in effectively meeting end-user requirements will fuel chip mounter adoption during the forecast period.

Key Market Players

The major players in the market are Hanwha Group and JUKI Corporation, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:-

Global Bioenergy Market: https://www.expertmarketresearch.com/reports/bioenergy-market

Global Oxygen Therapy Market: https://www.expertmarketresearch.com/reports/oxygen-therapy-market

Global Digital Transformation Market: https://www.expertmarketresearch.com/reports/digital-transformation-market

Global Waste Management Market: https://www.expertmarketresearch.com/reports/waste-management-market

Global Digital Therapeutics Market: https://www.expertmarketresearch.com/reports/digital-therapeutics-market

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact

Company Name: Claight Corporation
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.