Soldering Stations and Accessories Market Outlook – 2027
Soldering station is a soldering device used for soldering of electronic equipment and soldering accessories are those which are used to hold the equipment while soldering is performed. Soldering stations and accessories are used as a combination to solder electronic components. Soldering stations and accessories are commonly used in electrical and electronics industries. Soldering is used in many applications such as mobile phones, musical instruments, medical equipment and electronic devices. The rapid growth in the electronics industry has led to the adoption of a power station that facilitates the growth of retail channels and service markets. The rapid industrialization and advanced use of soldering in various types of machinery are also commendable for the retail channels and the growth of the accessories market during the forecast period.
COVID-19 scenario analysis:
- The demand for soldering stations and accessories is expected to decrease in the year 2020 due to low demand from electronics industry.
- COVID-19 pandemic has shut-down the production of various products in the soldering stations and accessories industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of soldering stations and accessories market significantly from last few months, as is likely to continue during 2020.
- COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.
- The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of corona virus, thereby halting the demand for equipment and machinery.
- Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
- Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.
Top impacting factors:
Soldering stations are important factors in an electronics sector. Soldering stations are generally used in Printed Circuit Board (PCB) components soldering. This process is carried out by machines, however the repair should be done manually. There have been some technological advancement in soldering stations in past few years. These technological advancements are helping the companies to work smoothly and also achieve better work efficiency. In today’s world demand for electronic devices is increasing rapidly which in turns helping the semiconductor industry to grow. This growth can be considered as the driving factor for the growth of soldering stations and accessories market. However, the low quality of the product could hinder the growth of soldering stations and accessories market.
The global Soldering stations and accessories market trends are:
New product launches to flourish the market
As the new technologies have been introduced, key players in soldering stations and accessories market are creating more advanced and good quality products. In the year 2019, many products were launched in the market. These products are well advanced with the technology and have unique features. Metcal Inc. a leading player in soldering stations and accessories industry has launched new products in addition to the existing products of the company. Company’s most innovative product is Connection Validation (CV) soldering station. By using connection validation soldering station, quality of the solder joint can be measured.
Along with the connection validation soldering station, Metcal Inc. also introduced solder tip cleaner. This solder tip cleaner removes the excessive oxidation which in turns extends tip lifespan. The AC-STC solder tip helps to save the operator time as it automatically gets activated when it is placed in the space provided.
JBC stations include unique function such as sleep and hibernation function. This function helps in lowering the tip temperature when the tool is not in use. As a result, the tip can be used up to five times more than usual. This heating system alone provides extra performance and rapid heat recovery. Some soldering stations require 10 to 90 seconds to reach the 350 ° C recommendation whereas advanced station of JBC require just 2 seconds, shortening the assembly time and making the transaction process more efficient.
Improvement in Asia-Pacific region
Asia-Pacific region includes the countries like China, India, and Japan. Considering the population in these countries and technological advancement Asia-Pacific region is expected to be the important region for the development of soldering stations and accessories market.
With advancement in technology, number of users of electronic devices is also increasing day by day. Thereby helping the semiconductor industry to grow which in turn is driving the growth of soldering stations and accessories market.
Cost of Soldering stations and accessories
Cost of the soldering stations and accessories is high, therefore in some developing countries adoption of soldering stations and accessories is low. This could be the reason of hindering the growth of soldering and accessories market.
Before buying the soldering station and accessories buyer usually look following things:
- Soldering station should provide solder even at lower tip temperature.
- Fast temperature recovery of tip.
- Lifespan of tip should be long.
- Different range of cartridge consisting of various shapes and size
Key benefits of the report:
- This study presents the analytical depiction of the Soldering stations and accessories market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- The report provides a detailed Soldering stations and accessories market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the soldering stations and accessories market research report:
- What are the leading market players active in the Soldering stations and accessories market?
- What are the driving factors, restraints, and opportunities in the market?
- What are the different segments in the market?
- What are the applications of Soldering stations and accessories?
Soldering Stations and Accessories Market Report Highlights
| Aspects | Details |
 By Product |
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 By Distribution Channel |
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 By Application |
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 By Region |
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 Key Market Players | Bright Technologies, Inc, Kurtz Holding GmbH& Co, Vineet Electric Company, Weller Tools GmbH, Beteiligungs KG (Ersa), Zaphael Technologies, Sorny Roong Industrial Co. Ltd., Metcal, Noel, Jameco Electronics, XYtronic-USA.com |
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