The technology of chip mounting has been developing significantly in the recent past, especially as regards a pragmatic solution for achieving high densities for packaging systems. It began with the traditional through-hole technology (THT), followed by surface mount technology (SMT) and the fine pitch technology (FPT). Most manufacturers used both of these technologies to produce chips that are attached to substrates. The integrated circuit chips are normally included in a chip mounter kit. Thus the demand for chip mounting is shifting from bigger diameters to smaller space diameters. Soon, the chip mounter market is expected to grow with an increase in chip density, where chip density is the number of transistors mounted on chips.
MARKET DYNAMICS
The increase in the usage of electronic gadgets for communication is one of the major factors anticipated to contribute towards the growth of chip mounter market. Over the past decades, the consumer industry has undergone major changes. Smartphones, for example, have replaced important features, while laptops have replaced desktop PCs. Tablets have now been replacing notebooks, while smart TV systems and LEDs are replacing LCDs and CRT TV systems. Further, the uncertainty inherent in the economic conditions worldwide is one of the significant factors restraining the market growth of the chip mounter market. In addition, a problem that can dampen the growth in this market is the high risk associated with the success of emerging chip mounting technologies, as well as capital investments in this market. Consequently, segments of end-user products such as miniaturized integrated circuits and their ability to generate sales in the future must be robust. Despite this, with the advent of technology that can be worn, the industry will be experiencing massive opportunities. In addition, the growing focus on the Internet of Things (IoT) element will propel this market's growth prospects in the future.
MARKET SCOPE
The "Global Chip Mounter Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The chip mounter market report aims to provide an overview of the chip mounter market with detailed market segmentation by technology, application, and geography. The global chip mounter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading chip mounter market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global chip mounter market is segmented on the basis of technology, and application. Based on technology, the chip mounter market is segmented into: Surface Mount Technology (SMT), and Through Hole Technology (THT). On the basis of application, the market is segmented into: Automotive, Consumer electronics, Medical, Telecommunications Equipment, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chip mounter market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The chip mounter market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chip mounter market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the chip mounter market in these regions.
MARKET PLAYERS
The reports cover key developments in the chip mounter market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from chip mounter market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the chip mounter market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chip mounter market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ASM Assembly Systems GmbH & Co. KG
- Essemtec AG
- FAROAD
- FUJI CORPORATION
- Hanwha Precision Machinery CO., LTD.
- JUKI Automation Systems GmbH
- NITTO DENKO CORPORATION
- OHASHI ENGINEERING
- Panasonic Corporation
- Yamaha Motor Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.