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.
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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.
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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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Equipment Market @ https://www.marketresearchfuture.com/reports/soldering-equipment-market-8330
Continued…….
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