Global Hand Soldering Market Growth 2023-2029

Global Hand Soldering Market Growth 2023-2029

Product Code:449392

Published Date: Feb 08,2023

Pages: 112

Region: Global

Category: Machinery & Equipment

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Hand soldering is to connect two points. These points can be component or PCB layer or wire. Hand soldering melts a metal wire, called solder, and flows over the two points. Hand Soldering Iron is powered by electric power, which heats a rod, on tip of which the solder melts and helps to join. On cooling the points are together as solid. Soldering helps to connect electronic components to perform many functions.

LPI (LP Information)' newest research report, the “Hand Soldering Industry Forecast” looks at past sales and reviews total world Hand Soldering sales in 2022, providing a comprehensive analysis by region and market sector of projected Hand Soldering sales for 2023 through 2029. With Hand Soldering sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hand Soldering industry.

This Insight Report provides a comprehensive analysis of the global Hand Soldering landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hand Soldering portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hand Soldering market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hand Soldering and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hand Soldering.

The global Hand Soldering market size is projected to grow from US$ 540.9 million in 2022 to US$ 694.3 million in 2029; it is expected to grow at a CAGR of 694.3 from 2023 to 2029.

The major manufacturers in the global Hand Soldering market are Weller (Ape Tool Group), JBC and Kurtz Ersa, etc. The top 1 manufacturer account for about 45% of the market share.

Europe is the largest market for hand soldering with about 40% market share, followed by China and Europe with about 23% and 20%.In terms of product, soldering station is the largest segment, with a share over 55%. And in terms of application, the largest application is electronics manufacturing, followed by electronics repairing.

This report presents a comprehensive overview, market shares, and growth opportunities of Hand Soldering market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Soldering Iron
    Soldering Stations
    Others

Segmentation by application
    Electronics Manufacturing
    Electronics Repairing

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Weller (Apex Tool Group)
    HAKKO
    JBC
    Kurtz Ersa
    QUICK Soldering
    Metcal (OK International)
    GOOT (Taiyo Electric)
    Hexacon
    PACE
    JAPAN UNIX
    Thermaltronics
    Esico-Triton
    American Beauty
    Apollo Seiko
    Aoyue
    AirVac

Key Questions Addressed in this Report
What is the 10-year outlook for the global Hand Soldering market?
What factors are driving Hand Soldering market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hand Soldering market opportunities vary by end market size?
How does Hand Soldering break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?