Surface-mount technology (SMT) component placement systems, commonly called pick-and-place machines (PnP or P&P), are robotic machines which are used to place surface-mount devices (SMDs) onto a printed circuit board (PCB). They are used for high speed, high precision placing of a broad range of electronic components (such as capacitors, resistors, and integrated circuits) onto the PCBs which are in turn used in computers, consumer electronics, and industrial, medical, automotive, military and telecommunications equipment. Similar equipment exists for through-hole components. This type of equipment is sometimes used to package microchips using the flip chip method.

The origins of pick-and-place automation can be traced back to the 1960s, with the introduction of the first industrial robots designed to perform repetitive tasks with high precision. The Unimate, developed in 1961 by George Devol and Joseph Engelberger, was the first programmable pick-and-place robot used in manufacturing environments. Early applications included material handling, assembly, and packaging, laying the groundwork for later advances in surface-mount technology (SMT) and electronics manufacturing. Subsequent innovations, such as the Stanford arm (1969) and the PUMA (robot) (1978), further expanded the capabilities of pick-and-place systems, enabling greater flexibility and accuracy in automated production environments.

During this time, a typical SMT assembly line employed two different types of pick-and-place (P&P) machines arranged in sequence.

The unpopulated board was fed into a rapid placement machine. These machines, sometimes called chip shooters, place mainly low-precision, simple package components such as resistors and capacitors. These high-speed P&P machines were built around a single turret design capable of mounting up to two dozen stations. As the turret spins, the stations passing the back of the machine pick up parts from tape feeders mounted on a moving carriage. As the station proceeds around the turret, it passes an optical station that calculates the angle at which the part was picked up, allowing the machine to compensate for drift. Then, as the station reaches the front of the turret, the board is moved into the proper position, the nozzle is spun to put the part in the proper angular orientation, and the part is placed on the board. Typical chip shooters can, under optimal conditions, place up to 53,000 parts per hour, or almost 15 parts per second.

Because the PCB is moved rather than the turret, only lightweight parts that will not be shaken loose by the violent motion of the PCB can be placed this way.

From the high speed machine, the board transits to a precision placement machine. These pick-and-place machines often use high resolution verification cameras and fine adjustment systems via high precision linear encoders on each axis to place parts more accurately than the high-speed machines. Furthermore, the precision placement machines are capable of handling larger or more irregularly shaped parts such as large package integrated circuits or packaged inductor coils and trimpots. Unlike the rapid placers, precision placers generally do not use turret mounted nozzles and instead rely on a gantry-supported moving head. These precision placers rely upon placement heads with relatively few pickup nozzles. The head sometimes has a laser identifier that scans a reflective marker on the PC board to orient the head to the board. Parts are picked up from tape feeders or trays, scanned by a camera (on some machines), and then placed in the proper position on the board. Some machines also center the parts on the head with two arms that close to center the part; the head then rotates 90 degrees and the arms close again to center the part once more. The margin of error for some components is less than half a millimeter (less than 0.02 inches).

Due to the high cost of having two separate machines to place parts, the speed limitations of the chip shooters, and the inflexibility of the machines, electronic component machine manufacturers moved to all-in-one modular, multi-headed, and multi-gantry machines. These machines could have heads quickly swapped on different modules depending on the product being built, with multiple mini turrets capable of placing the whole spectrum of components with theoretical speeds of 136,000 components an hour. The fastest machines can have speeds of up to 200,000 CPH (components per hour).

Placement machines have developed all-in-one heads that can place components ranging from 0.4 mm × 0.2 mm to 50 mm × 40 mm. There is growing focus on software applications for the placement process. With new applications like POP and wafer placement on substrate, the industry has moved beyond conventional component placement.^{[citation needed]}