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The Global Pick and Place Machines Market is primarily influenced by electronic industry

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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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 –

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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

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