Market Overview:
The United States chip mounter market size reached US$ 1.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.28% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 1.6 Billion |
Market Forecast in 2032
|
US$ 2.3 Billion |
Market Growth Rate 2024-2032 |
4.28% |
A chip mounter is a robotic machine utilized to place surface mounted devices (SMD) on printed circuit boards (PCBs). In surface mounting, chips are directly placed on PBCs by soldering without creating holes. It is a practical solution as it achieves high densities in packaging systems, which led to significant technological developments over the last few decades. In the United States, the chip mounter technology is widely utilized across various industries such as automotive, telecommunication, medical and electronics.
The United States chip mounter market is primarily driven by the strong demand for sophisticated electronic goods like wearables. Due to this, manufacturers are developing high-performance ICs on a large scale, which has facilitated the growth of the market. Additionally, the robust growth of the start-up ecosystem and the presence of several semiconductor companies, like Intel, Texas Instruments, and Qualcomm, are providing a significant impact on the market. The market is also influenced by the rapid automation in the household and consumer electronics segments. Furthermore, the rising demand for laptops and smartphones, coupled with the growing internet penetration, is catalyzing the market growth. Moreover, manufacturers are developing more efficient and accurate machines to cater to the surging trend of miniaturization of devices.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States chip mounter market report, along with forecasts at the country and regional level from 2024-2032. 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
- Medical
- Automotive
- Telecommunication
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report
|
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Technology
- Application
- Region
|
Technologies Covered |
Hole Technology, Surface Mount Technology, Fine Pitch Technology |
Applications Covered |
Consumer Electronics, Medical, Automotive, Telecommunication, Others |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States 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 United States 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 United States chip mounter market and who are the key players?
- What is the degree of competition in the industry?