Global Chip Mounter Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Chip Mounter Market Growth

Chip mounters are automated devices used in electronics manufacturing to accurately position and attach surface-mounted components onto printed circuit boards (PCBs). They help enhance assembly speed, precision, and efficiency in electronic circuit production. Chip mounters can also be used to assemble semiconductors in the electronic industry. Thus, the industry finds major applications in electronic gadgets. 

With rising consumer demand and dependence on technology, there is a rapid consumer shift towards smartphones and laptops from desktops, LEDs from LCD television sets, and other household items like washing machines, coffee machines, and others, which have become entirely automated. All these technological advancements and transformations require upgradation in design, user interface, and power processing, which are enabling growth of the chip mounter market. 

Chip mounters are significantly used in the miniature electronic devices industry and play a significant role in reducing dimensions of integrated circuits. Hence, the market is expected to be driven by the rising electronic industry and innovations in designs and technology for adding more circuitry in chips without increasing the manufacturing costs. The market is also being driven by the rising disposable incomes, busier lifestyles, and increasing need to automate everyday tasks. The rising penetration of smartphones is also aiding the growth of the industry.

Key Trends and Developments

Chip Mounter Market Trends

With devices becoming smaller, the demand for chip mounters capable of placing ultra-small components (often less than 0.5mm in size) has surged. Miniaturisation in products like smartphones and wearables requires machines that can place components with accuracy within 10 microns. ASM Pacific Technology has developed machines capable of handling components as small as 0201 metric size (0.25mm x 0.125mm), increasing component placement precision by more than 50%. This trend in the chip mounter market is pushing manufacturers to upgrade their machines to keep up with the downsizing of modern electronics.

Opportunities in Chip Mounter Market

One prominent opportunity arises from the increasing adoption of smart manufacturing and automation technologies, particularly in Industry 4.0 environments. Manufacturers are investing in intelligent chip mounters with real-time monitoring and self-optimisation capabilities, like Fuji Corporation’s NXT III platform, which adapts to production changes and improves efficiency by up to 25%. 

Other significant chip mounter market opportunities come from the rise of IoT (Internet of Things) devices, which are forecast to exceed 30 billion connected devices by 2030. This surge is creating a demand for chip mounters that can handle compact, high-performance components needed for IoT sensors and devices. 

Additionally, the growth of renewable energy technologies, particularly solar and wind power, is driving the need for advanced power electronics, where chip mounters play a critical role in producing reliable inverters and converters. Companies such as Mycronic are grasping this opportunity by offering high-speed placement machines tailoured to the production of power electronics. 

Chip Mounter Market Restraints

One of the primary challenges in the market is the high initial cost of advanced chip mounters, which can range from USD 200,000 to over USD 1 million, making it difficult for small and medium-sized enterprises (SMEs) to invest in such equipment. This restricts chip mounter market penetration in emerging economies where cost sensitivity is high. Additionally, the increasing complexity of semiconductor designs is pushing the limits of current chip mounter technologies. For instance, handling components smaller than 0.2mm with high precision requires expensive upgrades and highly skilled operators, which many manufacturers cannot afford. 

Another restraint impacting chip mounter demand forecast is the possibility of semiconductor supply chain disruptions, which can cause delays in the delivery of critical components needed for mounter production. For example, chip shortages in 2021 delayed production cycles across industries (with lead times extending up to 52 weeks). This had a ripple effect on chip mounter manufacturers as it delayed equipment deliveries. In response, companies like Samsung and TSMC have both announced multi-billion-dollar investments in new semiconductor manufacturing facilities to mitigate these risks.

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Chip Mounter Industry Segmentation

Chip Mounter Market Share

Market Insights by Technology

Through-hole technology (THT) involves mounting electronic components by inserting leads through holes in the PCB. Although this technology is gradually being replaced by surface mount technology (SMT) for most applications, it remains crucial for military, power electronics, aerospace, and automotive sectors. In September 2023, Panasonic introduced a hybrid chip mounter capable of handling both THT and SMT.

According to chip mounter market analysis, surface mount technology (SMT) is the dominant technology as it enables the placement of components directly onto the surface of PCBs without requiring through-holes. SMT allows for more compact, lighter, and faster electronic assemblies, which are essential for consumer electronics, telecommunications, and automotive applications. Recent advancements in automation, such as Fuji Corporation’s AIMEX III mounter, allow placement speeds of up to 150,000 components per hour, making it highly suitable for consumer electronics and 5G applications. Additionally, in January 2024, Yamaha Motor Co., Ltd. announced the release of the YRM10, a next-generation compact high-speed modular surface mounter, boasting a mounting performance of 52,000 chips per hour (CPH).

In contrast, the fine pitch technology segment in chip mounter market involves the precise placement of ultra-small components (with lead pitches of 0.5mm or smaller) and is primarily used for advanced semiconductor packaging and miniaturised devices, such as IoT devices, smartphones, tablets, and wearable medical implants. The need for accuracy within 10 microns has also pushed manufacturers to develop fine pitch mounters. For example, in 2023, ASM Pacific Technology launched a fine-pitch mounter, which is capable of handling component sizes as small as 01005 (0.4mm x 0.2mm).

Market Insights by Application

Consumer electronics, including smartphones, laptops, wearables, and home appliances, hold the largest chip mounter market share. The demand for compact, high-performance electronic devices is driving innovation in chip mounter technologies, especially for surface mount technology (SMT) and fine-pitch components. In 2023, smartphone shipments reached 1.2 billion units in 2023, further driving this market’s growth. To cater to the rising production levels, Fuji Corporation introduced a new series of high-speed mounters in June 2023 designed to handle the ultra-small components required for 5G smartphones. The medical industry is also seeing rising demand for chip mounters with fine-pitch technology, particularly in wearable devices, imaging equipment, and implantable technologies. 

The rollout of 5G networks and advancements in telecommunications infrastructure are factors further driving chip mounter market demand. The rapid deployment of 5G networks, expected to cover 45% of the global population by 2024, is pushing demand for advanced SMT mounters to handle the dense, high-frequency components required for 5G infrastructure.

Lastly, the automotive sector, especially with the rise of electric vehicles (EVs) and advanced driver-assistance systems (ADAS), is driving demand for high-volume chip mounters capable of handling robust and complex electronic assemblies. As per industry reports, electric vehicle sales are projected to account for 20% of all car sales in 2024, where China alone has nearly sold 1.9 million electric cars in Q1 of 2024. With the rising production and sales of EVs, there is a rising need for chip mounters to place sensors, power control units, and other critical components in vehicles.

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Chip Mounter Market Regional Insights

North America Chip Mounter Market Trends

North America, particularly the United States, is a key player in the market due to its strong presence in advanced electronics, semiconductor manufacturing, and automotive sectors. The region's focus on Industry 4.0 and automation is also propelling the demand for high-performance chip mounters. Moreover, the U.S. has seen increased investments in semiconductor manufacturing, including USD 52 billion in government funding through the CHIPS Act in 2023 to boost local production. Also, in April 2024, Juki Automation Systems showcased its LX-8 high-speed flexible mounter at IPC APEX EXPO in California, United States, which allows for precise component placement and efficient production runs. 

Asia Pacific Chip Mounter Market Drivers

Asia Pacific is another dominant region, driven by its strong electronics manufacturing base, particularly in China, Japan, South Korea, and Taiwan. The region's growth is also fuelled by the high demand for consumer electronics, automotive components, and telecommunications equipment. The region's rapid adoption of 5G technology, combined with its leadership in semiconductor manufacturing, continues to drive chip mounter market growth. For example, in September 2024, India and the United States agreed to set up a joint semiconductor fabrication unit in Jewar, Uttar Pradesh, to manufacture infrared, gallium nitride, and silicon carbide chips. The collaboration can reduce India's import bill for semiconductors by an estimated INR 6,000 crore.

Europe Chip Mounter Market Opportunities

Europe holds a significant share in the market, driven by its strong automotive, aerospace, and industrial electronics sectors. In EU, countries like Germany, France, and the UK have the highest number of industrial factories, including automotive and electronic manufacturing facilities, leading to higher demand for chip mounters. The region's focus on electric vehicles (EVs) and sustainability is also boosting the adoption of precision chip mounters, such as those offered by SMT Robotics, which is a Berlin-based start-up. For example, in October 2023, SMT Robotics introduced modular chip mounters for the European automotive and industrial sectors, supporting the growing demand for EV components and advanced manufacturing solutions in the region.

Latin America Chip Mounter Market Growth

The Latin American market is smaller but growing, primarily driven by increasing electronics manufacturing in countries like Brazil and Mexico. The region's emerging industrial sectors and focus on developing local electronics production capacities are contributing to market growth. Moreover, in 2023, Mexico emerged as a key hub for electronics assembly, particularly due to its proximity to North American markets and favourable trade agreements. Also, in July 2023, Yamaha Motor expanded its presence in the LATAM region by launching a chip mounter series for SMEs in the region.

Innovative Start-ups in Chip Mounter Market

Start-ups are primarily focused on meeting the rising demand for large and small electronic devices. They are leveraging surface mountain and fine pitch technologies to develop efficient, high-speed chip mounters that can quickly adapt to changing production needs. These enterprises aim to create cost-effective solutions that enhance manufacturing processes while ensuring high precision in component placement on compact PCBs. Additionally, start-ups are exploring new applications in emerging sectors like electric vehicles and smart clothing, positioning themselves to gain on diverse chip mounter market opportunities. 

OptimumNano Automation, founded in 2017 and based in Shenzhen, China, has rapidly gained recognition for its innovation in the design and production of high-precision chip mounters for the fast-growing electric vehicle (EV) and 5G sectors. The company’s flagship product line, which integrates AI and machine learning technologies, can achieve placement speeds of up to 80,000 components per hour with a 99.99% accuracy rate. The startup's collaboration with leading EV manufacturers and telecommunications giants in China has positioned it as a key chip mounter market player. In 2023, the company also secured several significant contracts for large-scale infrastructure projects in China and expanded its reach into European markets.

SMT Robotics, established in 2016 and headquartered in Berlin, Germany, is known for its flexible and modular chip placement systems. The company introduced a groundbreaking platform in 2019 that allows manufacturers to scale up or down based on production needs without requiring complete system overhauls, which reduced capital expenditure for its clients by up to 20%. SMT Robotics is highly regarded for its innovations in surface mount technology (SMT) and has partnered with several prominent players in the automotive and aerospace industries. In 2022, the startup expanded its operations to North America.

Competitive Landscape of Chip Mounter Market