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Pick and Place Machines Market Share

Report ID: GMI5952
Published Date: May 2024
Report Format: PDF

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Pick and Place Machines Market Share

Pick and place machines industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as ASM Assembly Systems GmbH & Co. KG, Fuji Machine Manufacturing Co., Ltd., Juki Corporation, Panasonic Corporation, Yamaha Motor Co., Ltd., Hanwha Corporation, Mycronic AB and Nordson Corporation collectively held around 20%-25% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Pick and Place Machines Market Companies

Major players operating in the pick and place machines industry are:

ASM Assembly Systems GmbH & Co. KG
Fuji Machine Manufacturing Co., Ltd.
Juki Corporation
Panasonic Corporation
Yamaha Motor Co., Ltd.
Hanwha Corporation
Mycronic AB
Nordson Corporation
Hanwha Techwin
ASM Pacific Technology Ltd.
Universal Instruments Corporation
Europlacer Group
Essemtec AG
Viscom AG
Speedline Technologies, Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of pick and place machines was reached USD 2.6 billion in 2023 and will grow at 4% CAGR during 2024 to 2032, driven by the rapid growth of the electronics industry.

The semi-automatic segment in the pick and place machines market recorded USD 2.3 billion and is expected to reach USD 3.7 billion by 2032, as it enhances production efficiency by automating repetitive tasks, such as component picking and placement.

North America pick and place machines market size exceeded USD 500 million in 2023 and will cross USD 800 million by 2032, as the rise of EVs and in-vehicle electronics demands automated assembly solutions for intricate components with speed, precision, and dependability.

ASM Assembly Systems GmbH & Co. KG , Fuji Machine Manufacturing Co., Ltd., Juki Corporation, Panasonic Corporation, Yamaha Motor Co., Ltd., Hanwha Corporation , Mycronic AB, Nordson Corporation, and Hanwha Techwin among others.