DUBLIN--(BUSINESS WIRE)--Aug 10, 2018--The "Chip Mounter Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

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. Increasing 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.

Major industry players profiled as part of the report are OHASHI ENGINEERING, JUKI Corporation, and Hitachi High-Technologies Corporation among others.

Segmentation:

Chip mounter market has been analyzed through following segments:

By Technology Through-hole Surface mount By Application Consumer Electronics Automotive Communication and Technology Others

Companies Mentioned

OHASHI ENGINEERING Nordson Corporation JUKI Corporation Hitachi High-Technologies Corporation SAMSUNG

For more information about this report visit https://www.researchandmarkets.com/research/v6s3pj/3_73_bn_chip?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180810005379/en/

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Related Topics:Processing Units

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/10/2018 01:54 PM/DISC: 08/10/2018 01:53 PM

http://www.businesswire.com/news/home/20180810005379/en