The Europe chip mounter market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.
A chip mounter is used to place a surface mounted device on printed circuit boards. The chip mount technology, initially introduced as through-hole technology, later resurfaced as the surface-mounting technology. This technology involves the placement of chips directly on PBCs without creating holes through the process of soldering. The process helps manufacturers to save space and place more chips on the same board. The introduction of Fine Pitch technology has provided high circuit density as compared to surface mounted technology.
Europe is the headquarter of a wide variety of global companies that deal in various sectors, such as consumer electronics, automotive, medical, telecommunication, aerospace, and military. Since it is a technologically advanced region, it manifests strong growth in these sectors, thereby increasing the demand for chip mounters. Additionally, the increase in the production of electric cars in the region has bolstered the market growth. Furthermore, the growing popularity of wearable devices and miniaturization of electronics and electrical components are further contributing to the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Europe chip mounter market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on technology and application.
Breakup by Technology:
- Hole Technology
- Surface Mount Technology
- Fine Pitch Technology
Breakup by Application:
- Consumer Electronics
Breakup by Country:
- United Kingdom
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
|Scope of the Report
||Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
||Hole Technology, Surface Mount Technology, Fine Pitch Technology
||Consumer Electronics, Medical, Automotive, Telecommunication, Others
||Germany, France, United Kingdom, Italy, Spain, Others
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Key Questions Answered in This Report:
- How has the Europe chip mounter market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe chip mounter market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe chip mounter market and who are the key players?
- What is the degree of competition in the industry?