Laser Soldering Robots Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Through increasing inclination towards automation, the demand for laser soldering robots is expected to grow manifolds in the upcoming years. Laser soldering is the process that boycotts the risk of marring or damaging vital components. Laser soldering robots can generate micro laser beams for complex uses and thus substituting difficulties posed by iron tip soldering. Automation in the soldering process has helped for the minimal human invasion which in turn leads to increased efficiency as well as effectiveness. Reduction in human error, as well as difficulty in access to the skilled worker, are other key drivers for growth. Furthermore, laser soldering robots can be used for mass manufacturing. All these factors are expected to bring flourishing demand for the product market growth.
The robotic soldering process has witnessed numerous advancements in terms of technologies in soldering/desoldering device, rework station and vacuum pickup. Provision of real-time connectivity and remote access from different locations opens up ner avenues for the product market. In addition, the availability of laser robots for bulk production for improved performance and lower manufacturing time is expected to push the product market further. Highly complex procedure-oriented industries are boosting the laser soldering robot market. For instance, the screen printing process requires the highest level of precision for depositing paste on to PCBs as any error would lead to disruption of joints causing wastage of time, resource and money. Similar attentive use is the high requirement electronics aftermarket is expected to propel the growth.
On the flip side, unavailability of skilled attendants for the robots and high initial cost pose as major threats to the growth. Further, with the onset of COVID19, disruption in the availability of raw materials used to manufacture devices, logistics and distribution are going to negatively impact the demand-supply gap to a great extent. However, the impact on substitutes such iron ore is expected to pull down the competitive market too.
Laser Soldering Robots Competition Key companies operating in this industry are Japan Unix, Quick, Apollo Seiko, HORIUCHI ELECTRONICS, Unitechnologies, Wolf Produktionssysteme, Flex Robot, Seica, Huahan, ELMOTEC Antriebstechnik, Ruize Technology and Lotuxs.
Coverage Highlights • Laser Soldering Robots Revenue Estimation and Forecast (2020 – 2027) • Production Estimation and Forecast (2020 – 2027) • Sales/Consumption Volume Estimation and Forecast (2020 – 2027) • Breakdown of Revenue by Segments (2020 – 2027) • Breakdown of Production by Segments (2020 – 2027) • Breakdown of Sales Volume by Segments (2020 – 2027) • Gross Margin and Profitability Analysis of Companies • Business Trend and Expansion Analysis • Import and Export Analysis
Laser Soldering Robots Segmentation Product Outlook (Revenue, USD Million, 2020 - 2027) • 3-axis Robot • 4-axis Robot • Others Application Outlook (Revenue, USD Million, 2020 - 2027) • Consumer Electronics • Appliances Electronics • Automotive Electronics • Others Country (Revenue, USD Million, 2020 - 2027) North America
• United States • Canada • Mexico
• China • Japan • South Korea • India • Philippines • Malaysia • Australia • Rest of Asia Pacific
• Italy • Spain • France • UK • Germany • Belgium • Netherlands • Switzerland • Russia • Rest of Europe
• Brazil • Peru • Chile • Rest of South America
Middle East and Africa • Iran • Israel • Saudi Arabia • Turkey • Africa