Soldering Equipment Market Global Analysis & Forecast To 2025 Research Report

Posted by Rishikesh Kurane on November 15th, 2019

Market Research Future published a Half-Cooked Research Report on the global soldering equipment market that contains the information from 2017 to 2025. The global soldering equipment market is expected to progress with ~5.5% CAGR from 2019 to 2025.

Taste the market data and market information presented through more than 100 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on “Global Soldering Equipment Market Information from 2017 to 2025."

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The growing electric and electronic industry and e-commerce sector are expected to drive the growth of the soldering equipment market during the forecast period. Moreover, manufacturers are becoming increasingly inclined towards the development and manufacturing of soldering equipment in emerging markets in India, Brazil, China, and Mexico. Furthermore, the developing economies and growing adoption of automation technology in soldering equipment’s are expected to create opportunities in the global market in terms of new demands and sales during the forecast period.  

However, the lack of skilled workers and high costs associated with the robot soldering equipment such as desktop soldering and inline soldering robots is hindering the market growth during the forecast period. Therefore, the global soldering equipment market is expected to reach around USD 3 billion by 2025 and is projected to witness ~7% CAGR during the forecast period, 2019–2025.

The global soldering equipment market is segmented based on process, application, distribution channel, and region. Based on process, the global market has been segmented into soft and hard soldering. Based on application, the global market has been segmented into networking and communication, consumer electronics, automotive, aerospace and defense, and others. Based on distribution channel, the global market has been divided into online and offline.

Based on process, the soft soldering segment is expected to witness moderate growth in the global market in terms of value during the forecast period due to growing demand from consumer electronics industry for fitting very minute compound parts. The hard soldering segment is projected to hold a premium market share over the forecast period due to growing uses to fabricate small components.

Based on application, the networking and communication segment is expected to hold larger share and is projected to witness a phenomenal growth in the global market during the forecast period, owing to increasing penetration of smartphones and the expansion of broadband systems globally. The automotive segment is projected to grow at a substantial rate over the forecast period due to increasing demand for electric vehicles and growing electrification in vehicles.

Based on distribution channel, the online segment is expected to witness rapid growth in the global market in terms of value during the forecast period due to growing e-commerce industry. The offline segment is projected to hold larger share and is expected to witness significant growth over the forecast period due to growing specialty stores, supermarkets, hypermarkets, and departmental stores globally.

Based on region, in the global soldering equipment market, Asia-Pacific is expected to be the dominant region throughout the forecast period and is projected to register a higher growth rate than North America, Europe, and the rest of the world. This growth can be attributed to the development of the construction industry in China, Japan, and India and growing automotive and electric and electronic industry. On the other hand, North America is projected to witness significant growth over the forecast period due to the presence of many major soldering equipment manufacturers in the US. Europe is expected to witness substantial growth owing to stringent government standards and growing demand for electronic gaming tables (EGT) from the commercial sector.

The rest of the world (RoW) consists of the Middle East & Africa and Latin America. The key driver for the growth of this market in the region is the presence of emerging economies such as Brazil, Mexico, Saudi Arabia, and Argentina.

The prominent players operating in the global soldering equipment market are ACE Production Technologies, Inc., (US), Blundell Production Equipment Ltd (UK), American Hakko Products, Inc., (US), JUKI Automation (US), PACE Europe, Ltd., (UK), The Harris Products Group (US), Taiyo Electric Ind. Co., Ltd.,  (Japan), JAPAN UNIX Co. Ltd. (Japan), Ersa GmbH (Germany), Pillarhouse International Ltd (UK), RPS Automation LLC (US), Sorny Roong Industrial Co., Ltd., (Taiwan), JBC S.L (Spain), and SEHO Systems GmbH (Germany).

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging & high-growth segments. The market data comprises the necessary assessment of the competitive scenarios and strategies in the global Soldering Equipment market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing & cost analysis.

market by process, application, distribution channel, and region.

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