Market Overview:
The global wave soldering system 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 higher efficiency in electronic devices, rising automotive production, and increasing adoption of wave soldering systems in the aerospace & aviation industry. Based on type, the global wave soldering system market can be segmented into fully wave soldering systems and semi-automatic wave soldering systems. The fully automatic wave solderingsystems are expected to witness higher growth during the forecast period as they offer high efficiency and accuracy as compared to semi-automatic systems.
Product Definition:
Wave Soldering System is a process that attaches electrical components to a printed circuit board (PCB) by using solder that has been melted and then flowed over the components and PCB. Wave soldering systems are important because they provide an efficient way to attach many components to a PCB at once.
Fully Wave Soldering System:
Fully Wave soldering system is used in electronics assembly where there are chances of heat-related damage to the components. In such cases, wave soldering can be employed to provide reliable connections between electronic parts and PCB while saving time on rework. The fully wave solder system provides a better connection compared to conventional methods as it does not rely upon air or liquid cooling for adequate performance.
Semi-Automatic Wave Soldering System:
A semi-automatic wave soldering system is a device used for mass production of electronic components. It helps in reducing time and labor required for performing Wave soldering. Semi-automatic systems consist of three major parts including power supply, control console, and robotic arm.
Application Insights:
The electronics industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Electronics as a sector has witnessed tremendous growth over the past few years owing to increasing demand for high-tech products across the globe. The global wave soldering system market is anticipated to witness significant growth on account of rising demand from various industries such as automotive, aviation, and aerospace among others.
Automotive industry was another prominent segment that accounted for significant share in 2017 due to increased production of vehicles across countries such as China, India & South Korea along with stable supply chain from Europe which provides opportunity for vendors operating in this region. Rising use of electronic components in automobiles also boosts product demand during manufacturing process since it requires higher heat resistance than normal iron or steel tools do.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing production and sales of electronics products, automobiles, consumer appliances, etc. Furthermore, countries such as China and Japan are also experiencing a rapid increase in aviation activities due to growing passenger traffic. This has led to an increased demand for avionics components such as electronic control units (ECU), display monitors, etc., which will drive the market further.
The Asia Pacific wave soldering system industry is also likely to benefit from favorable government policies that support manufacturing activities across various industries including automotive & transportation equipment; electronics; aerospace & defense; medical devices; renewable energy equipment among others. These factors are anticipated to propel regional growth during the forecast period.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising trend of outsourcing manufacturing to low-cost countries
- Growing popularity of lead-free soldering technology
- Proliferation of smart devices and the Internet of Things (IoT)
- Emergence of new applications requiring wave soldering
Scope Of The Report
Report Attributes
Report Details
Report Title
Wave Soldering System Market Research Report
By Type
Fully Wave Soldering System, Semi-Automatic Wave Soldering System
By Application
Electronics Industry, Automotive Industry, Aviation & Aerospace, Other
By Companies
Alpha Assembly Solutions, AIM Metals & Alloys, Qualitek International, KOKI, Indium Corporation, Balver Zinn, Heraeus, Nihon Superior, Nihon Handa, Nihon Almit, DKL Metals, Kester, Koki Products, PT TIMAH (Persero) Tbk, Hybrid Metals, Persang Alloy Industries, Yunnan Tin, Yik Shing Tat Industrial, Qiandao, Shenmao Technology, Anson Solder, Shengdao Tin, Hangzhou Youbang, Huachuang, Shaoxing Tianlong Tin Materials, Zhejiang Asia-welding
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Wave Soldering System Market Report Segments:
The global Wave Soldering System market is segmented on the basis of:
Types
Fully Wave Soldering System, Semi-Automatic Wave Soldering System
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, Automotive Industry, Aviation & Aerospace, Other
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:
- Alpha Assembly Solutions
- AIM Metals & Alloys
- Qualitek International
- KOKI
- Indium Corporation
- Balver Zinn
- Heraeus
- Nihon Superior
- Nihon Handa
- Nihon Almit
- DKL Metals
- Kester
- Koki Products
- PT TIMAH (Persero) Tbk
- Hybrid Metals
- Persang Alloy Industries
- Yunnan Tin
- Yik Shing Tat Industrial
- Qiandao
- Shenmao Technology
- Anson Solder
- Shengdao Tin
- Hangzhou Youbang
- Huachuang
- Shaoxing Tianlong Tin Materials
- Zhejiang Asia-welding
Highlights of The Wave Soldering System 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:
- Fully Wave Soldering System
- Semi-Automatic Wave Soldering System
- By Application:
- Electronics Industry
- Automotive Industry
- Aviation & Aerospace
- Other
- 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 Wave Soldering System 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
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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?
Wave Soldering System is a type of soldering system that uses an oscillating flame to heat the solder joint.
Some of the key players operating in the wave soldering system market are Alpha Assembly Solutions, AIM Metals & Alloys, Qualitek International, KOKI, Indium Corporation, Balver Zinn, Heraeus, Nihon Superior, Nihon Handa, Nihon Almit, DKL Metals, Kester, Koki Products, PT TIMAH (Persero) Tbk, Hybrid Metals, Persang Alloy Industries, Yunnan Tin, Yik Shing Tat Industrial, Qiandao, Shenmao Technology, Anson Solder, Shengdao Tin, Hangzhou Youbang, Huachuang, Shaoxing Tianlong Tin Materials, Zhejiang Asia-welding.
The wave soldering system market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wave Soldering System 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. Wave Soldering System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wave Soldering System Market - Supply Chain
4.5. Global Wave Soldering System Market Forecast
4.5.1. Wave Soldering System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wave Soldering System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wave Soldering System Market Absolute $ Opportunity
5. Global Wave Soldering System 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. Wave Soldering System Market Size and Volume Forecast by Type
5.3.1. Fully Wave Soldering System
5.3.2. Semi-Automatic Wave Soldering System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wave Soldering System 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. Wave Soldering System Market Size and Volume Forecast by Application
6.3.1. Electronics Industry
6.3.2. Automotive Industry
6.3.3. Aviation & Aerospace
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wave Soldering System 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. Wave Soldering System 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 Wave Soldering System 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. Wave Soldering System 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 Wave Soldering System Demand Share Forecast, 2019-2026
9. North America Wave Soldering System 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 Wave Soldering System 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 Wave Soldering System Market Size and Volume Forecast by Application
9.4.1. Electronics Industry
9.4.2. Automotive Industry
9.4.3. Aviation & Aerospace
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wave Soldering System Market Size and Volume Forecast by Type
9.7.1. Fully Wave Soldering System
9.7.2. Semi-Automatic Wave Soldering System
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 Wave Soldering System Demand Share Forecast, 2019-2026
10. Latin America Wave Soldering System 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 Wave Soldering System 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 Wave Soldering System Market Size and Volume Forecast by Application
10.4.1. Electronics Industry
10.4.2. Automotive Industry
10.4.3. Aviation & Aerospace
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wave Soldering System Market Size and Volume Forecast by Type
10.7.1. Fully Wave Soldering System
10.7.2. Semi-Automatic Wave Soldering System
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 Wave Soldering System Demand Share Forecast, 2019-2026
11. Europe Wave Soldering System 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 Wave Soldering System 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 Wave Soldering System Market Size and Volume Forecast by Application
11.4.1. Electronics Industry
11.4.2. Automotive Industry
11.4.3. Aviation & Aerospace
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wave Soldering System Market Size and Volume Forecast by Type
11.7.1. Fully Wave Soldering System
11.7.2. Semi-Automatic Wave Soldering System
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 Wave Soldering System Demand Share, 2019-2026
12. Asia Pacific Wave Soldering System 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 Wave Soldering System 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 Wave Soldering System Market Size and Volume Forecast by Application
12.4.1. Electronics Industry
12.4.2. Automotive Industry
12.4.3. Aviation & Aerospace
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wave Soldering System Market Size and Volume Forecast by Type
12.7.1. Fully Wave Soldering System
12.7.2. Semi-Automatic Wave Soldering System
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 Wave Soldering System Demand Share, 2019-2026
13. Middle East & Africa Wave Soldering System 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 Wave Soldering System 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 Wave Soldering System Market Size and Volume Forecast by Application
13.4.1. Electronics Industry
13.4.2. Automotive Industry
13.4.3. Aviation & Aerospace
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wave Soldering System Market Size and Volume Forecast by Type
13.7.1. Fully Wave Soldering System
13.7.2. Semi-Automatic Wave Soldering System
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 Wave Soldering System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wave Soldering System Market: Market Share Analysis
14.2. Wave Soldering System Distributors and Customers
14.3. Wave Soldering System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alpha Assembly Solutions
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AIM Metals & Alloys
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Qualitek International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KOKI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Indium Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Balver Zinn
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Heraeus
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nihon Superior
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nihon Handa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nihon Almit
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DKL Metals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kester
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Koki Products
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. PT TIMAH (Persero) Tbk
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hybrid Metals
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Persang Alloy Industries
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yunnan Tin
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Yik Shing Tat Industrial
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Qiandao
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shenmao Technology
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
