Soldering Equipment Market Research Report 2019: Industry Size, Share, Trends, Growth, Sales, Revenue, Risk and Opportunity Assessment with Regional Analysis and Segmentation By Process (Soft and Hard soldering), Application (Networking and Communication, Consumer Electronics, Automotive, Aerospace And Defense and others), Distribution Channel (Online and Offline) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2025
Pune, India -- (SBWIRE) -- 12/06/2019 -- The global market for soldering equipment is set to reach a valuation of USD 3 Billion by 2025, believes Market Research Future (MRFR). MRFR also mentions in its new report that the market can potentially achieve a CAGR of 7% during the forecast period (2019–2025).
The top vendors shaping the worldwide market for soldering equipment are JUKI Automation (US), Sorny Roong Industrial Co., Ltd., (Taiwan), JAPAN UNIX Co. Ltd (Japan), SEHO Systems GmbH (Germany), Pillarhouse International Ltd (UK), Blundell Production Equipment Ltd (UK), JBC S.L (Spain), PACE Europe, Ltd. (UK), RPS Automation LLC (US), Taiyo Electric Ind. Co., Ltd, (Japan), Ersa GmbH (Germany), ACE Production Technologies, Inc., (US), American Hakko Products, Inc., (US), The Harris Products Group (US), to name a few.
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Growth Boosters and Top Restraints
Soldering has numerous applications, such as metalwork, electronics, and plumbing among others. Moreover, plumbing components, jewelry components, along with other refrigeration components are generally assembled with the silver soldering process. The soldering services enjoy high demand depending on the expansion of the end-use industries that make extensive use of these services. Soldering equipment is used across a number of industries, like consumer electronics, communication, and networking, defense, aerospace, and manufacturing.
The notable manufacturers in the market are mainly focusing on the development of equipment that helps in the selective soldering process, in a bid to deal with the issues stemming from hand soldering. Increasing attention on the development of small-sized soldering equipment coupled with the rising density of the equipment is projected to induce market growth in the coming years.
Selective soldering is turning out to be a quite popular option that is used instead of the conventional hand soldering process since it offers better user interactions as well as simplified programming. Owing to this, manufacturers are concentrating on making higher investments in the advancement of selective soldering equipment. These kinds of intense efforts on the part of the manufactures are expected to benefit the global market in the forthcoming years.
- Soldering equipment manufacturers
- Soldering equipment distributors and suppliers
- State and national regulatory authorities
- Government and industry associations
- State or government-owned corporations
- Research organizations
The worldwide market for soldering equipment has been extensively analyzed by MRFR experts, keeping in mind the main segments like process, application, and distribution channel.
Process-wise, the global market segments are soft and hard soldering.
Depending on the application segment, the global market has been considered for consumer electronics, networking and communication, aerospace and defense, automotive, and others.
The main distribution channels that help with the sale of soldering equipment are offline and online.
The global soldering equipment market is mainly concentrated in the regions of North America, Asia Pacific (APAC), Europe, in addition to the rest of the world (RoW). The report reveals that APAC is the leading market for soldering equipment, with Europe and North America coming in a close second and third, respectively.
Surging foreign investments in improving electric vehicle charging infrastructure owing to massive population base and the economically growing countries like Indonesia, Thailand and China can boost the sale of soldering equipment in APAC during the review period. The highest gaining market for soldering equipment in the region is touted to be China, as the country is observing a surge in disposable income among people, other than the thriving automotive and consumer electronics sector.
The North America market for soldering equipment can achieve a strong growth rate over the review period, primarily owing to the fast-paced expansion of the electronics and semiconductors industry. The regional market also grows in response to the rising deployment of automatic soldering machines and the high demand for industrial robotics in the United States (US) and Canada. North America is home to a number of renowned companies, like RPS Automation LLC., American Hakko Products and ACE Production Technologies, mainly in the US, which is only going to add to the market strength in the following years.
Europe is a crucial market for soldering equipment, given the presence of a large number of developed countries and their readiness to adopt new and advanced technologies. The United Kingdom (UK) has the most potential to be the leading market for soldering equipment in the region, owing to the soaring demand for soldering iron from electronics, construction and automotive sector.
The RoW market for soldering equipment is expanding at an impressive pace, with the prominent countries identified as Argentina, Brazil, Mexico, Saudi Arabia and Chile. The fast-expanding energy industry in the Middle East along with the rising use of wire soldering machine as well as mobile soldering iron within the oil & gas sector are believed to be a major factor driving the market growth.
Scope of Report
The report for global soldering equipment market of Market Research Future covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historic and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
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Table of Contents
1. Executive Summary
2. Scope of the Report
2.1. Market Definition
2.2. Scope of the Study
2.2.2. Research Objective
2.3. Research Process
2.3.1. Primary Research
2.3.2. Secondary Research
2.4. Market Size Estimation
2.5. Forecast Model
3. Market Landscape
3.1. Porter's Five Forces Analysis
3.1.1. Threat of New Entrants
3.1.2. Bargaining Power of Buyers
3.1.3. Threat of Substitutes
3.1.4. Segment Rivalry
3.1.5. Bargaining Power of Buyers
3.2. Value Chain/supply Chain Analysis
4. Market Dynamics
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Trends
List of Tables
Table 1 Global Soldering Equipment Market, by Region, 2017–2025
Table 2 North America: Soldering Equipment Market, by Country, 2017–2025
Table 3 Europe: Soldering Equipment Market, by Country, 2017–2025
Table 4 Asia-pacific: Soldering Equipment Market, by Country, 2017–2025
Table 5 Row: Soldering Equipment Market, by Region, 2017–2025
Table 6 Global Soldering Equipment Market, by Process, by Regions, 2017–2025
Table 7 North America: Soldering Equipment Market, by Process, by Country, 2017–2025
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down and Bottom-up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter's Five Forces Analysis
Figure 7 Value Chain Analysis
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