Chip mounter market was valued at US$3.731 billion in 2017 and is expected to expand at a CAGR of 4.70% over the forecast period to reach US$4.913 billion by 2023. Advancements in semiconductor technologies along with miniaturization of electronics and electrical components is boosting the development of devices with circuitry within the same chip, and in turn is augmenting the demand for chip mounter across different industries. Incresaing sales of IoT and connected smart home appliances is further contributing to the growth of chip mounter market. By technology, the demand for SMT is escalating significantly for improving the performance while reducing the size of ICs. Geographically, APAC dominates the chip mounter market owing to the presence of a large number of manufacturers in the region coupled with booming consumer electronics and automotive industries in countries like China, India, and South Korea.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the chip mounter value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the chip mounter market.
Major industry players profiled as part of the report are OHASHI ENGINEERING, JUKI Corporation, and Hitachi High-Technologies Corporation among others.
Chip mounter market has been analyzed through following segments:
Communication and Technology
Middle East and Africa