Soldering Stations and Accessories Market size was estimated at $xx Billion in 2020 and is expected to reach $xx Billion by 2027, growing at a CAGR of 10.6% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
The soldering station is the combination of multipurpose power soldering appliances, specifically constructed to solder electronic components, to a printed circuit board (PCB). Soldering stations comprise some accessories such as stands and holders, soldering tip cleaners, etc.
Soldering stations and accessories are commonly used in electronic laboratories, electronics repair workshops, and semiconductors & electronics industries. The soldering station comprises at least one soldering accessory attached to the main unit, which includes soldering iron, wire cutter, soldering guns, holders and stands, and soldering tip cleaners.
Soldering stations are very significant components in the electronics sector. Soldering stations are generally used in Printed Circuit Board (PCB) components soldering. This process is done by machines, however, the repair is carried out manually. There is the presence of some technological development in soldering stations in the past years. These technological developments are enabling the manufacturer to work smoothly and also accomplish better work efficiency.
Soldering Stations and Accessories Market Growth and Trends
Driving factors for the industry :
• The global soldering stations and accessories market is projected to expand at a rapid pace during the forecast period, owing to increased demand for electronic devices in electronic & semiconductor industry vehicles.
• Economic expansion and rise in disposable income of consumers in the major developing nations are foreseen to drive the production of electronic equipment with advanced technology in the next few years, which in turn is expected to fuel the global soldering stations and accessories market during the assessment period.
• Major market players employ strategies such as partnerships & collaborations to expand business operations, and customer bases to enhance their market positions.
• Additionally, growing demand for advanced technology equipment from end-users sectors is expected to boost the demand for soldering stations and accessories market in the near future.
• With respect to the World Bank, gross domestic product (GDP) is increasing at a rapid rate and hence, the demand for electronic equipment is also rising, boosting the semiconductor industry, which in turn will drive the global soldering stations and accessories market.
• Moreover, rising industrialization and urbanization along with rising consumer disposable income in developing countries is will boost the market in the near future. Evolving technological advancements and high automation will further boost the growth of the soldering stations and accessories market.
• Rising alteration in preference from traditional equipment to modern and advanced automated equipment is going to offer ample opportunities to the manufacturing sectors of soldering stations and accessories to pertaining to the current demand of the market.
• The soldering stations and accessories market in Asia Pacific is projected to expand at a significant growth rate during the forecast period, primarily due to an increase in consumer spending on electric equipment and rapid industrialization in the region
• Lofty growth in urbanization witnessed in major developing countries in the Asia Pacific region is driving the need for electronic devices in the region, which in turn is going to push the demand for soldering stations and accessories in the region during the forecast period.
Challenges for the industry :
• Slow adoption of soldering stations and accessories in developing countries is going to restrain the market in the near future. However, short lifespan of soldering stations and accessories and availability of poor quality soldering stations and accessories are foreseen to hinder the soldering sessions and accessories market growth globally.
• The soldering equipment market is majorly dependent upon the production and sales of automobiles. Thus, volatility in demand for automobile sectors have affected the market adversely restraining it’s growth.
Soldering Stations and Accessories Market Regional Analysis
Soldering Stations and Accessories Market Share and Competition
Key companies operating in this industry are: Jameco Electronics, Weller Tools GmbH, Metcal, Kurtz Holding GmbH & Co. Beteiligungs KG (Ersa), XYtronic-USA.com, Noel, Vineet Electric Company, Zaphael Technologies, Sorny Roong Industrial Co., Ltd., Bright Technologies, and PACE, Inc. Similar industries in this domain that is growing at a high CAGR include Wave Solder Machines Market and Global Power Management Integrated Circuits (PMICs) Market.
Soldering Stations and Accessories Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Type Analysis (Revenue, USD Million, 2020 - 2027)
• Solder reel holders
• Soldering guns
• Soldering Iron
• Wire Cutter
• Solder sucker
• Solder wick
• Tweezers
• USB Microscope
• Wet Sponge
• Soldering Stand
• Safety Glasses
• Others
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Electronic equipment
• Cellular phones
• Satellite navigation systems
• Electronic consumer goods
• Automotive dashboards
• Medical equipment
• Computer peripherals
• Orthodontics
Distribution Channel Analysis (Revenue, USD Million, 2020 - 2027)
• Direct Sales (OEM)
• Indirect Sales
• Distributor (Wholesaler and Online Retail)
• Contact Soldering Stations
• Digital and analogue soldering stations
• Induction soldering stations
• Non-contact soldering stations
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Soldering Stations and Accessories Market Companies
• Jameco Electronics
• Weller Tools GmbH
• Metcal
• Kurtz Holding GmbH & Co. Beteiligungs KG (Ersa)
• XYtronic-USA.com
• Noel
• Vineet Electric Company
• Zaphael Technologies
• Sorny Roong Industrial Co., Ltd.
• Bright Technologies
• PACE, Inc.
Available Versions: -
United States Soldering Stations and Accessories Market Research Report
Europe Soldering Stations and Accessories Market Research Report
Asia Pacific Soldering Stations and Accessories Market Research Report
India Soldering Stations and Accessories Market Research Report
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