Market Size of Automatic Mounter Wafer Equipment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 11.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Automatic Mounter Wafer Equipment Market Analysis
- The Automatic Mounter Wafer Equipment Market is expected to witness a growth of 11.5% during the forecast period (2021 - 2026). The primary driver of this market will be the rapid growth of advanced electronic controls in the consumer electronics and automotive industry.
- Further, the rising penetration of consumer electronics in the high growth regions of the world and rising capital investment by several automatic wafer manufacturing companies to meet the increasing demand for defect-free chips will drive the growth of this market. According to the GSMA Mobile Economy Report 2019, 71% of the global population will be Unique Mobile Subscribers by 2025.
- A recent report by SEMICON EUROPA stated that there would be an increase of 25% in Semiconductor Fabrications Investment in China from 2018 to 2019. It shall be followed by the USA at 24% and Taiwan at 15% for the same period.
- The adoption of Automatic Wafer Equipment will be due to the multiple benefits they offer like increase in handling throughput, reliability, and frequency.