Market Overview:
The global hand soldering 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 in the electronics manufacturing and repairing applications. In terms of type, the soldering iron segment is expected to hold a major share of the global hand soldering market during the forecast period. This can be attributed to its low cost and easy portability as compared to other types of handsolders such as soldering stations and others.
Product Definition:
Hand soldering is the process of joining metal components by melting solder and applying the molten solder to the joint. It is done with a hand-held soldering iron. The importance of hand soldering is that it produces a strong, reliable joint, which can be difficult to achieve with other methods.
Soldering iron:
Hand soldering is a process of assembling printed circuit boards (PCB) by using surface mount components and through-hole components. The technique requires special tools and equipment which are used to solder the component leads. A hand soldering iron consists of a main body with an attached tip for heating the component, this tip can be switched on/off as per requirement, along with different temperature settings.
Soldering stations:
Hand soldering is a process of assembling electronic components by using hand tools. It's an old and traditional method used before the advent of modern day equipment such as solder wick, iron, and automated machinery. In this process; there are no use of any other tool or equipment apart from hand tools which include pliers, screwdrivers etc. to assemble the circuit boards while installing parts including resistors, capacitors etc in electronics products including computers & laptops among others.
Application Insights:
Electronics manufacturing was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Electronics manufacturing includes assembling, testing, packaging and other operations for electronic products. These processes require good quality equipment as well as skilled operators who are capable of making precise soldering joints. Thus, increasing production of electronics across the globe is expected to fuel demand for hand-soldering over the coming years.
The electronics repairing segment accounted for a significant share in 2017 due to rising consumer awareness about product repairability and durability among other factors such as availability of service centers or workshops at their disposal with which they can approach service providers regarding any issues related to product usage or malfunctioning which also acts as a key driving factor behind market growth in this segment.
Regional Analysis:
Asia Pacific dominated the global hand soldering market in 2017. The region is expected to continue its dominance over the forecast period as well due to increasing demand for electronic devices and components. China, Japan, South Korea, Taiwan and India are some of the countries that dominate this industry owing to their large electronics manufacturing sector.
North America is projected to grow at a significant rate over the forecast period owing to growing demand from end-users such as consumer electronics manufacturers and repair shops. Increasing penetration of advanced technology in various end-use industries such as automotive has led consumers prefer repairs rather than replacements which will drive growth across North America during the forecast period (2018 - 2030). Moreover, rising investments by key players for improving their distribution network will fuel regional growth during 2018 - 2030 time frame.
Growth Factors:
- Increasing demand from the automotive and electronics industries for hand soldering services.
- Growing popularity of hand soldering as a low-cost, high-quality alternative to automated soldering processes.
- Advances in hand solder technology that improve the speed, accuracy, and reliability of the process.
- Increased use of lead-free solder alloys in electronic assemblies to meet environmental regulations.
- Growing demand for customized hand soldering services to meet specific requirements of individual customers
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand Soldering Market Research Report
By Type
Soldering iron, Soldering stations, Others
By Application
Electronics Manufacturing, Electronics Repairing
By Companies
Weller (Apex Tool Group), QUICK Soldering, JBC, Kurtz Ersa, HAKKO, Hexacon, GOOT (Taiyo Electric), OK International, JAPAN UNIX, PACE, ATTEN, EDSYN
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Hand Soldering Market Report Segments:
The global Hand Soldering market is segmented on the basis of:
Types
Soldering iron, Soldering stations, 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 Manufacturing, Electronics Repairing
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:
- Weller (Apex Tool Group)
- QUICK Soldering
- JBC
- Kurtz Ersa
- HAKKO
- Hexacon
- GOOT (Taiyo Electric)
- OK International
- JAPAN UNIX
- PACE
- ATTEN
- EDSYN
Highlights of The Hand Soldering 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 stations
- Others
- By Application:
- Electronics Manufacturing
- Electronics Repairing
- 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 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 is a process of joining two pieces of metal by heating the surfaces together and then pressing them together.
Some of the major companies in the hand soldering market are Weller (Apex Tool Group), QUICK Soldering, JBC, Kurtz Ersa, HAKKO, Hexacon, GOOT (Taiyo Electric), OK International, JAPAN UNIX, PACE, ATTEN, EDSYN.
The hand soldering market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hand Soldering Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hand Soldering Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hand Soldering Market - Supply Chain
4.5. Global Hand Soldering Market Forecast
4.5.1. Hand Soldering Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hand Soldering Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hand Soldering Market Absolute $ Opportunity
5. Global Hand Soldering Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hand Soldering Market Size and Volume Forecast by Type
5.3.1. Soldering iron
5.3.2. Soldering stations
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hand Soldering Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hand Soldering Market Size and Volume Forecast by Application
6.3.1. Electronics Manufacturing
6.3.2. Electronics Repairing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hand Soldering Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hand Soldering Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hand Soldering Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hand Soldering Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hand Soldering Demand Share Forecast, 2019-2026
9. North America Hand Soldering Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hand Soldering Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hand Soldering Market Size and Volume Forecast by Application
9.4.1. Electronics Manufacturing
9.4.2. Electronics Repairing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hand Soldering Market Size and Volume Forecast by Type
9.7.1. Soldering iron
9.7.2. Soldering stations
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hand Soldering Demand Share Forecast, 2019-2026
10. Latin America Hand Soldering Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hand Soldering Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hand Soldering Market Size and Volume Forecast by Application
10.4.1. Electronics Manufacturing
10.4.2. Electronics Repairing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hand Soldering Market Size and Volume Forecast by Type
10.7.1. Soldering iron
10.7.2. Soldering stations
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hand Soldering Demand Share Forecast, 2019-2026
11. Europe Hand Soldering Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hand Soldering Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hand Soldering Market Size and Volume Forecast by Application
11.4.1. Electronics Manufacturing
11.4.2. Electronics Repairing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hand Soldering Market Size and Volume Forecast by Type
11.7.1. Soldering iron
11.7.2. Soldering stations
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenes/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hand Soldering Demand Share, 2019-2026
12. Asia Pacific Hand Soldering Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hand Soldering Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hand Soldering Market Size and Volume Forecast by Application
12.4.1. Electronics Manufacturing
12.4.2. Electronics Repairing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hand Soldering Market Size and Volume Forecast by Type
12.7.1. Soldering iron
12.7.2. Soldering stations
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hand Soldering Demand Share, 2019-2026
13. Middle East & Africa Hand Soldering Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hand Soldering Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hand Soldering Market Size and Volume Forecast by Application
13.4.1. Electronics Manufacturing
13.4.2. Electronics Repairing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hand Soldering Market Size and Volume Forecast by Type
13.7.1. Soldering iron
13.7.2. Soldering stations
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hand Soldering Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hand Soldering Market: Market Share Analysis
14.2. Hand Soldering Distributors and Customers
14.3. Hand Soldering Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Weller (Apex Tool Group)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. QUICK Soldering
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JBC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kurtz Ersa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HAKKO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hexacon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GOOT (Taiyo Electric)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. OK International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JAPAN UNIX
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PACE
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ATTEN
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EDSYN
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
