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Pick & Place Machines Market - By Type (Semi-autonomous, Fully Autonomous), By Application (Consumer Electronics, Automotive, Packaging Industry, Pharmaceutical & Medical Devices, Logistics & Warehousing, F&B, Semiconductors, Other) Forecast 2023 – 2032

  • Report ID: GMI5952
  • Published Date: Jun 2023
  • Report Format: PDF

Pick & Place Machines Industry Analysis

Pick & Place Machines Market size was valued at over USD 2.5 billion in 2022 and is anticipated to grow at a CAGR of over 7.5% between 2023 and 2032. The industry is characterized by continuous technological advancements. Manufacturers are constantly introducing new features and capabilities such as multi-functionality, higher speeds, improved accuracy, and flexibility. These technological advancements drive the adoption of pick & place machines as manufacturers seek to upgrade their production capabilities.

Pick and Place Machines Market

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A pick & place machines is an automated mechanical device used in production processes to select parts or products from the source and put them in the right place, typically on Printed Circuit Board (PCB) or an assembly line. The machines are equipped with various mechanisms including robotic arms, suction cups, or mechanical grippers to handle & manipulate components of different shapes, sizes, and weights.

The high initial investment in pick & place machines is hindering market growth. These machines require substantial investments including intervention and training, as well as the equipment cost. This high cost can act as a barrier for small & medium-sized companies, limiting their ability to adopt mounting solutions.

COVID-19 Impact

The COVID-19 pandemic impacted many markets including the pick & place machines market in 2020. The global supply chain disruptions due to factory closures, transportation restrictions, and shortage of raw materials during the pandemic affected the availability and delivery of these machines. Manufacturers faced challenges in sourcing components and equipment, leading to delays in installations and project timelines.

Pick & Place Machines Market Trends

The advancements in robotics and automation will drive the market during the forecast period. Robotics and automation allow for faster pickup & deployment of machines while maintaining accuracy. These machines can quickly take parts from foodstuffs, place them on PCBs, and perform assembly tasks in comparatively lesser time than human operators. This leads to efficiency in the production process. Advancements in robotics process automation have made pick & drop systems more flexible and adaptable to different application needs. These machines can easily switch between different components, use different sizes, and accommodate different PCB layouts. The easy picking & placing offered by machines allows companies to meet different product needs and adjust the assembly process for various products.

Pick & Place Machines Type Segmentation

Global Pick and Place Machines Market, By Type,

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Based on type, the pick & place machines market is segmented into semi-autonomous and fully autonomous. The semi-autonomous segment accounted for over 35% in 2022. Semi-automatic pick & place machines feature automation and can perform certain assembly tasks independently. These tasks may include material selection, placement, soldering, or quality control. These machines use advanced robots, machines vision, and software algorithms to perform these tasks with higher efficiency and accuracy than manual processes. The automation potential of these systems speeds up the assembly cycle and reduces human errors, improving the overall product quality and integration. While machines take on repetitive or heavy work, human workers can focus on higher-level tasks such as maintenance and process improvement.

Pick & Place Machines Application Segmentation

Global Pick and Place Machines Market Share, By Application,

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Based on application, the pick & place machines market is divided into consumer electronics, automotive, packaging, pharmaceuticals & medical devices, logistics & warehousing, food & beverage, semiconductors, and others. The consumer electronics segment accounted for over USD 1 billion in 2022. Product demand is driven by its adoption in a wide range of devices used for personal and entertainment purposes. Pick & place machines play an important role in the assembly of smartphones.

These machines are used to accurately assemble various electronic components such as microchips, capacitors, connectors, and sensors on the Printed Circuit Boards (PCBs) of the smartphone. The high precision and speed of these machines ensure the quality & reliability of consumer electronics. The growing adoption of wearable devices, such as smartwatches, energy trackers, and precision glasses, has increased the demand for pick & place systems in manufacturing processes. These machines are used to assemble small electronic components that must be used for wearable devices to ensure correct placement and compatibility.

Pick & Place Machines Regional Analysis

China Pick and Place Machines Market Size,

Asia Pacific pick & place machines market held a dominant revenue share of over 35% in 2022 and is expected to grow at a CAGR of over 9% through 2032. The Asia Pacific region is known for its size and diversity in production. Countries, such as China, Japan, South Korea, and Taiwan, have developed strong economies in diverse fields including electronics, automobiles, semiconductors, and household appliances. The need for efficient & automated assembly processes in these industries is driving the demand for pick & place machines.

Many governments in the region are introducing supportive policies for product development and technological progress. These policies include investment support, R&D grants, and infrastructure development. This government support encourages companies to invest in integrated technologies such as positioning systems. The Asia Pacific region has witnessed a significant growth in the automotive industry. Countries including China, India, and Japan are the world's largest automakers. The use of these machines in the assembly of automotive components, such as sensors, circuit boards, and electronics, is driving business growth.

Pick & Place Machines Industry Leaders

Major companies operating in the pick & place Machines market include ASM Assembly Systems GmbH & Co. KG, Fuji Machines Manufacturing Co., Ltd., Panasonic Corporation, Juki Corporation, Universal Instruments Corporation, Mycronic AB, Yamaha Motor Co., Ltd, Europlacer, Hanwha Precision Machinesry Co., Ltd., Nordson Corporation, Evest Corporation, EKRA Automatisierungssysteme GmbH, Essemtec AG, NeoDen Technology Co., Ltd., and GKG Precision Machines Co., Ltd.

Pick & Place Machines Industry News:

  • In March 2022, RightHand Robotics, a leading player in data-driven robotic picking solutions for order fulfillment, launched its Partner Integration Program to create an ecosystem of robotic selection projects with additional warehouse technologies and solutions.

The pick & place machines market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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By Type

  • Semi-autonomous
  • Fully autonomous

By Application

  • Consumer electronics
  • Automotive
  • Packaging Industry
  • Pharmaceuticals & Medical Devices
  • Logistics & Warehousing
  • Other

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Singapore
    • ANZ
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • UAE
    • Saudi Arabia


Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for pick & place machines was valued at over USD 2.5 billion in 2022 and is anticipated to grow at a CAGR of over 7.5% between 2023 and 2032.

Semi-autonomous pick & place machines industry share was over 35% in 2022 as they feature automation and can perform certain assembly tasks independently.

Fuji Machines Manufacturing Co., Ltd., ASM Assembly Systems GmbH & Co. KG, Panasonic Corporation, Juki Corporation, Nordson Corporation, Evest Corporation, Universal Instruments Corporation, Essemtec AG, NeoDen Technology Co., Ltd., and GKG Precision Machines Co., Ltd.

Asia Pacific pick & place machines share will grow at over 9% CAGR between 2023 to 2032 as to strong economies growth in diverse fields such as automobiles, electronics, semiconductors, and household appliances.

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 193
  • Countries covered: 20
  • Pages: 150
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