Market Overview:
The global hand soldering equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hand soldering equipment in the electronics industry, semiconductor, repairing and construction sectors. Additionally, the growing demand for miniaturization and portability of electronic devices is also fueling the growth of this market. However, fluctuations in prices of raw materials used in hand soldering equipment manufacturing may restrain the growth of this market to some extent during the forecast period. On basis on type, solder irons are expected to account for a major share of the global hand soldering equipment market during 2018-2030 owing their high usage rates across various applications such as electronics industry, semiconductor sector and others.
Product Definition:
The equipment used for hand soldering is a soldering iron, solder wire, flux and a solder sucker. The purpose of the hand soldering equipment is to join two pieces of metal together by melting solder wire and bringing the two pieces of metal into contact with each other. The importance of hand soldering is that it allows for the repair or fabrication of small parts that are not accessible through traditional manufacturing methods.
Soldering iron:
Hand soldering equipment is used for assembling and repairing electronic components. It consists of two metal prongs, a heat source, and a liquid solder that are used to make connections in printed circuit boards (PCB). The equipment is portable in nature owing to which it can be carried around from one place to another as desired. Moreover, the hand soldering process does not require any special skills or training; therefore it can be done by almost anyone with basic manual labor experience.
Soldering pot:
The soldering pot is a device used to control the amount of heat applied to the tip of a soldering iron. It consists of two parts, namely an insulated container and a handle. The size and type of components may vary according to the application in hand held or table top soldering equipment market.
Application Insights:
The electronics industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this application segment can be attributed to increasing demand for electronic devices across the globe. Furthermore, technological advancements and innovations in hand soldering techniques are further boosting product demand in this segment.
Electronics repair is one of the most difficult tasks that a technician has to perform as errors or faults may occur at any time even after years of usage of an item. Soldering plays a significant role in repairing such items as it helps fix components securely without causing damage or affecting their performance ability, which is expected to drive its use over next seven years.
In addition, rising need for repairing broken gadgets will propel product demand during this period owing to high reliability.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing production of electronic products, such as mobile phones and laptops, in countries like China and India. Furthermore, growing repair activities due to wear-and-tear or accidental damage are anticipated to drive demand for hand soldering equipment in this region. Repair shops offer a cost-effective alternative for replacing damaged components with new ones rather than replacing them with automated machines that require no human intervention.
North America is projected to witness significant growth over the forecast period owing to rising demand from end users including electronics manufacturers and semiconductor companies repairing their products at their manufacturing plants or service centers located within North America itself or from other regions using repaired/rewired/replaced parts instead of purchasing new ones which would lead towards an increase in inventory carrying costs for these companies; thereby driving demand for hand soldering equipment used by these industries during manufacturing processes as well as repair operations.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing popularity of wearable electronics
- Proliferation of smart devices and the Internet of Things (IoT)
- Rising demand from automotive and aerospace industries
- Emergence of next-generation technologies such as 3D printing
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand Soldering Equipment Market Research Report
By Type
Soldering iron, Soldering pot, Others
By Application
Electronics Industry, Semiconductor, Repairing, Construction, Others
By Companies
Hakko, Weller, Metcal, JBC, Ersa, Easy Braid, GOOT, UNIX, PACE, EDSYN, ESICO?TRITON, HEXACON, Quick, ATTEN, GJ, CT BRAND, Nanjing Huaxia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Hand Soldering Equipment Market Report Segments:
The global Hand Soldering Equipment market is segmented on the basis of:
Types
Soldering iron, Soldering pot, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics Industry, Semiconductor, Repairing, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hakko
- Weller
- Metcal
- JBC
- Ersa
- Easy Braid
- GOOT
- UNIX
- PACE
- EDSYN
- ESICO?TRITON
- HEXACON
- Quick
- ATTEN
- GJ
- CT BRAND
- Nanjing Huaxia
Highlights of The Hand Soldering Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soldering iron
- Soldering pot
- Others
- By Application:
- Electronics Industry
- Semiconductor
- Repairing
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hand Soldering Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hand soldering equipment is a small, portable tool used to join two pieces of metal by heating the metal and then pressing it together.
Some of the major players in the hand soldering equipment market are Hakko, Weller, Metcal, JBC, Ersa, Easy Braid, GOOT, UNIX, PACE, EDSYN, ESICO?TRITON, HEXACON, Quick, ATTEN, GJ, CT BRAND, Nanjing Huaxia.
The hand soldering equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hand Soldering Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hand Soldering Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hand Soldering Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hand Soldering Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hand Soldering Equipment Market Size & Forecast, 2020-2028
4.5.1 Hand Soldering Equipment Market Size and Y-o-Y Growth
4.5.2 Hand Soldering Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Soldering iron
5.2.2 Soldering pot
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics Industry
6.2.2 Semiconductor
6.2.3 Repairing
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hand Soldering Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hand Soldering Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Soldering iron
9.6.2 Soldering pot
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics Industry
9.10.2 Semiconductor
9.10.3 Repairing
9.10.4 Construction
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Soldering iron
10.6.2 Soldering pot
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics Industry
10.10.2 Semiconductor
10.10.3 Repairing
10.10.4 Construction
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Soldering iron
11.6.2 Soldering pot
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics Industry
11.10.2 Semiconductor
11.10.3 Repairing
11.10.4 Construction
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Soldering iron
12.6.2 Soldering pot
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics Industry
12.10.2 Semiconductor
12.10.3 Repairing
12.10.4 Construction
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Soldering iron
13.6.2 Soldering pot
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics Industry
13.10.2 Semiconductor
13.10.3 Repairing
13.10.4 Construction
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hand Soldering Equipment Market: Competitive Dashboard
14.2 Global Hand Soldering Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hakko
14.3.2 Weller
14.3.3 Metcal
14.3.4 JBC
14.3.5 Ersa
14.3.6 Easy Braid
14.3.7 GOOT
14.3.8 UNIX
14.3.9 PACE
14.3.10 EDSYN
14.3.11 ESICO?TRITON
14.3.12 HEXACON
14.3.13 Quick
14.3.14 ATTEN
14.3.15 GJ
14.3.16 CT BRAND
14.3.17 Nanjing Huaxia
