Lily Desouza25 Jun, 2025Technology
The Global Chip Mounter Market reached a value of nearly USD 6.8 billion in 2024. The market is assessed to grow at a CAGR of around 5.1%, during the forecast period of 2025-2032 to attain a value of around USD 9.8 billion in 2032. In electronics manufacturing, chip mounters are utilized as automated tools to precisely place & fasten surface-mounted components onto printed circuit boards (PCBs). They assist in enhancing the efficacy, accuracy, and speed of assembly in the production of electrical circuits. In the electronics sector, chip mounters can also be used to assemble semiconductors. Therefore, the sector finds noteworthy usage for electronic devices, thus instigating the Global Chip Mounter Market sales graph. Further, given that an EV might have over 3,000 electronic components, the rising admiration of EVs has resulted in a sharp uptake in the demand for chip mounters.
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