Market Overview:
The global multi channel digital soldering station 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 miniaturization and portability in electronic devices, rising demand for general industrial applications, and growing adoption of smart homes. Based on type, the global multi channel digital soldering station market can be segmented into soldering and desoldering stations. Soldering stations are further classified into manual and automatic types. Desoldering stations are used for removing solder from a printed circuit board (PCB). Based on application, the global multi channel digital soldering station market can be segmented into electronics, general industrial, household appliances, automotive & transportation, medical & healthcare devices, aerospace & defense equipment; and others segments including education sector and research laboratories etc.). Electronics is expected to account for the largest share of the global multi channel digital soldering station market in 2018 owing to high demand from consumer electronics products such as smartphones , tablets , laptops etc . General industrial applications include manufacturing processes such as welding , brazing , cutting etc . which require use of handheld or bench-top tools . Household appliances include products such as air conditioners , refrigerators etc . that are used in day-to-day lives across all regions . The automotive & transportation sector includes components used in automobiles such as engines braking systems etc.
Product Definition:
A multi-channel digital soldering station is a device that allows for the simultaneous use of multiple soldering irons. This is important because it allows for more efficient and faster work, as different tasks can be completed simultaneously.
Soldering:
The global Multi-channel Digital Soldering Station (MDS) market size was valued at USD 1.5 billion in 2015 and is expected to witness a significant growth owing to the increasing demand for electronics products across the globe. The introduction of advanced technologies such as big data, cloud computing, IoT & M2M communication has led to an increase in the number of electronic devices used by consumers globally.
Desoldering:
Desoldering is the process of removing a component from its soldered joint. It is used in various applications such as repairing electronic devices, electronics assembly and PCB designing. In addition, it helps to rework the circuit when there are any problems with the circuit during manufacturing or repair work.
The desoldering iron consists of two metal prongs which are used for heating and removing solder from components by melting them.
Application Insights:
The electronics segment dominated the global multi channel digital soldering station market in 2017. The growth of this segment can be attributed to the increasing demand for electronic devices across the globe. Moreover, technological advancements and new product launches are further driving the growth of this application segment. For instance, in June 2018, Henkel launched a new product under its Electronic Components category- Digital Soldering Station i3 with an LED light source and three independent channels for lead free components assembling process.
General industrial is expected to be one of the fastest growing segments over forecast period owing to rising demand from various industries such as automotive and construction among others.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030. The region has been witnessing rapid growth in the electronics industry on account of low production cost and availability of cheap labor. Moreover, rising disposable income coupled with increasing consumer awareness regarding recycling activities will drive demand for MCDSs in this region.
North America accounted for more than 25% share in 2017 owing to high usage frequency and preference for DIY projects by millennials along with their willingness to spend on hobby projects such as soldering irons and accessories. This trend is projected to continue over the forecast period, thereby driving demand across this region during the forecast period.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive and aerospace industries
- Growing popularity of reflow soldering technology
- Proliferation of lead-free solder alloys
- Technological advancements in digital soldering stations
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi Channel Digital Soldering Station Market Research Report
By Type
Soldering, Desoldering
By Application
Electronics, General Industrial, Household, Others
By Companies
Weller, Hakko, ATTEN, Taiyo Electric, OKInternational, Quick, Ersa, JBC, YiHua Electronic Equipment, PACE, Solderite, Hexacon, Prokit's Industries, Edsyn, Kasadi, CTBRAND, YAOGONG, Guangzhou CJ, Antex Electronics
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Multi Channel Digital Soldering Station Market Report Segments:
The global Multi Channel Digital Soldering Station market is segmented on the basis of:
Types
Soldering, Desoldering
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, General Industrial, Household, 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:
- Weller
- Hakko
- ATTEN
- Taiyo Electric
- OKInternational
- Quick
- Ersa
- JBC
- YiHua Electronic Equipment
- PACE
- Solderite
- Hexacon
- Prokit's Industries
- Edsyn
- Kasadi
- CTBRAND
- YAOGONG
- Guangzhou CJ
- Antex Electronics
Highlights of The Multi Channel Digital Soldering Station 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
- Desoldering
- By Application:
- Electronics
- General Industrial
- Household
- 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 Multi Channel Digital Soldering Station 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
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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?
A multi-channel digital soldering station is a device that allows you to solder multiple pieces of electronic equipment together. This type of station typically has several different ports that allow you to connect various types of wires and components.
Some of the major companies in the multi channel digital soldering station market are Weller, Hakko, ATTEN, Taiyo Electric, OKInternational, Quick, Ersa, JBC, YiHua Electronic Equipment, PACE, Solderite, Hexacon, Prokit's Industries, Edsyn, Kasadi, CTBRAND, YAOGONG, Guangzhou CJ, Antex Electronics.
The multi channel digital soldering station market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi Channel Digital Soldering Station 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. Multi Channel Digital Soldering Station Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi Channel Digital Soldering Station Market - Supply Chain
4.5. Global Multi Channel Digital Soldering Station Market Forecast
4.5.1. Multi Channel Digital Soldering Station Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi Channel Digital Soldering Station Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi Channel Digital Soldering Station Market Absolute $ Opportunity
5. Global Multi Channel Digital Soldering Station 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. Multi Channel Digital Soldering Station Market Size and Volume Forecast by Type
5.3.1. Soldering
5.3.2. Desoldering
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi Channel Digital Soldering Station 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. Multi Channel Digital Soldering Station Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. General Industrial
6.3.3. Household
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi Channel Digital Soldering Station 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. Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station 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. Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station Demand Share Forecast, 2019-2026
9. North America Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. General Industrial
9.4.3. Household
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi Channel Digital Soldering Station Market Size and Volume Forecast by Type
9.7.1. Soldering
9.7.2. Desoldering
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 Multi Channel Digital Soldering Station Demand Share Forecast, 2019-2026
10. Latin America Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. General Industrial
10.4.3. Household
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi Channel Digital Soldering Station Market Size and Volume Forecast by Type
10.7.1. Soldering
10.7.2. Desoldering
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 Multi Channel Digital Soldering Station Demand Share Forecast, 2019-2026
11. Europe Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. General Industrial
11.4.3. Household
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi Channel Digital Soldering Station Market Size and Volume Forecast by Type
11.7.1. Soldering
11.7.2. Desoldering
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Multi Channel Digital Soldering Station Demand Share, 2019-2026
12. Asia Pacific Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. General Industrial
12.4.3. Household
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi Channel Digital Soldering Station Market Size and Volume Forecast by Type
12.7.1. Soldering
12.7.2. Desoldering
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 Multi Channel Digital Soldering Station Demand Share, 2019-2026
13. Middle East & Africa Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station 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 Multi Channel Digital Soldering Station Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. General Industrial
13.4.3. Household
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi Channel Digital Soldering Station Market Size and Volume Forecast by Type
13.7.1. Soldering
13.7.2. Desoldering
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 Multi Channel Digital Soldering Station Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi Channel Digital Soldering Station Market: Market Share Analysis
14.2. Multi Channel Digital Soldering Station Distributors and Customers
14.3. Multi Channel Digital Soldering Station Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Weller
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hakko
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ATTEN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Taiyo Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OKInternational
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Quick
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ersa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. JBC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. YiHua Electronic Equipment
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. Solderite
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hexacon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Prokit's Industries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Edsyn
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kasadi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CTBRAND
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. YAOGONG
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Guangzhou CJ
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Antex Electronics
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
