Chip Mounter Market Expected to Grow at a CAGR of 5.55% During 2023-2028

The latest report by IMARC Group, titled "Chip Mounter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the global market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global chip mounter market size reached US$ 6.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.55% during 2023-2028.

Chip Mounter Market Overview:

A chip mounter is a vital component in modern electronics manufacturing. This automated device plays a crucial role in assembling printed circuit boards (PCBs) by precisely placing electronic components onto the board's surface. Its primary function is to pick up tiny electronic components, such as resistors, capacitors, and integrated circuits, and accurately position them onto the designated locations on the PCB.

Chip mounters are integral to the efficiency and precision of electronic manufacturing processes. They can handle a wide range of component sizes and types, making them versatile for various electronic applications. These machines work at high speeds, ensuring rapid and consistent component placement, which is essential for meeting production deadlines and maintaining product quality.

Get a Sample Copy of the Report at: https://www.imarcgroup.com/chip-mounter-market/requestsample

Chip Mounter Industry Demand:

The widespread integration of electronics and semiconductor components in various consumer and industrial products is driving the global market. From smartphones and laptops to automotive electronics and smart appliances, electronic devices rely heavily on chip mounters for precise and efficient placement of components on printed circuit boards (PCBs). Furthermore, the increasing demand for miniaturization and higher functionality of electronic devices is propelling market growth.

As consumers and industries seek smaller, more powerful, and energy-efficient electronic products, chip mounters are crucial in achieving these objectives. Moreover, continual technological advancements in chip mounter equipment have improved their speed, accuracy, and versatility. Modern chip mounters can handle a wide range of component sizes and types, including advanced packages, such as microchips and surface-mount devices (SMDs).

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/chip-mounter-market

Competitive Landscape with Key Player:

• Hitachi, Ltd.
• Samsung Electronics
• Panasonic Corporation
• Juki Corporation
• ASM Pacific Technology Limited Canon Inc.
• Essemtec AG
• Ohashi Engineering
• Nordson Corporation
• Sony Corporation
• SUN Electronic Industries Corporation
• TOA Corporation.

Breakup by Technology:

• Hole Technology
• Surface Mount Technology
• Fine Pitch Technology

Breakup by Application:

• Consumer Electronics
• Medical
• Automotive
• Telecommunication
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.