Global Pick and Place Machines Market: An Overview
Pick and place machines are also known as pick and place robot, which is used for picks and places electronic components onto the printed circuit board (PCB) before the soldering. It helps to reduce the total cost of complete production line by 50%. Pick and place machines have different capability and capacity in which some are capable of placing many different electronic component and some are some are limited to few component type. It offers flexibility, fast speed, and accurate placement of electronic components compared to other machines. It also reduce the component lead damage ratio due to mishandling at the time of placing it on the PCB. It consist of two different type of pick and place machines such as fine pitch and ultrafine pitch placement for precision placement capability. It is also inbuilt with a tape cutter according to the need. It is commonly used for the manufacturing of LEDs, complicated circuits and mother board. The manufacturers of pick and place machines are focusing innovation and new product development, with improved variable pitch and increased speed, and can be easily operated. The pick and place machines are less expensive as compared to software and hardware developing cost.
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The Global Pick and Place Machines Market is primarily influenced by electronic industry
Global Pick and Place Machines Market: Segmentation
The Global Pick and Place Machines Market is segmented as follows
By machine type, the global pick and place machines market is segmented into –
By Application, the global pick and place machines market is segmented into –
- LED Lights
- Circuits boards
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Global Pick and Place Machines Market: Regional Outlook
The Asia Pacific is expected to be the prominent region for the sales of pick and place machines during the forecast period. It is due to government initiative started in India as “Make in India”, which promote digitalization and helps to increase the sales of electronic gadgets. China is also a leading exporter of electronic device in the world and are involved in huge amount of manufacturing of electronics. Thus it result in increased sales of pick and place machines in the Asia Pacific region. Europe and North America are also expected to witness a positive outlook towards the pick and place machines manufacturers owing to the large scale and leading manufacturers.
Recent Developments in the Global Pick and Place Machines Market
- In August 2018, FUJI CORPORATION acquired the stock of semi-conductor manufacturing equipment manufacturer Fasford Technology Co., Ltd.
Global Pick and Place Machines Market: Key players
Some of the leading players operating in the global pick and place machines market are as follows –
- Fuji Machinery Co Ltd
- Juki Corp
- Mycronic AB
- Nordson Corp
- Panasonic Corp
- NMTronics India Pvt. Ltd
- Europlacer Industries
- Hanwha Precision Machinery Co Ltd
- Universal Instruments Corp
- DDM Novastar Inc
- ASM Assembly Systems GmbH & Co KG
- Yamaha Motor Co., Ltd.
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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
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10. What will be the barrier to entry for new players in the market?
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