Soldering station and accessories are a combination of soldering devices that is used to solder electronic components. Raid growth in the electronics industry led to rising adoption for the soldering station which boosting the growth of the soldering stations and accessories market. Rapid industrialization and increasing use of soldering in various types of equipment are also propelling the soldering stations and accessories market growth during the forecast period.
MARKET SCOPE
The "Global Soldering Stations and Accessories Market Analysis to 2028" is a specialized and inodepth study with a special focus on the global market trend analysis. The report aims to provide an overview of the soldering stations and accessories market with detailed market segmentation by product, application, distribution channel, and geography. The report provides key statistics on the market status of the leading soldering stations and accessories market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global soldering stations and accessories market is segmented into soldering station, soldering iron, soldering guns, soldering stand, soldering tip, tweezers, and others.
- On the basis of application, the market is segmented into electronic equipment, musical instruments, automotive, medical equipment, computer and cellular phones, and others.
- Based on distribution channel, the market is segmented into direct sales and indirect sales.
Drivers
- The growing use of electronic equipment and increasing inclination towards advanced automated equipment across the globe are directly impacting on the growth of the soldering stations and accessories market.
- A wide range of applications of soldering in the medical instruments, automotive, musical instrument, computer and mobile phones, electronic equipment, and among others are expected to drive the growth of the soldering stations and accessories market.
- The short lifespan of soldering stations and the availability of inferior quality soldering stations and accessories may hamper the market growth.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, AsiaoPacific (APAC), the Middle East and Africa (MEA), and South America. The soldering stations and accessories market by each region is later subosegmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i. e. , drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soldering stations and accessories market in these regions.
IMPACT OF COVID-19 ON SOLDERING STATIONS AND ACCESSORIES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, AsiaoPacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the soldering stations and accessories market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from soldering stations and accessories market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the soldering stations and accessories market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Antex (Electronics) Limited
- Bright Technologies
- Noel
- Kurtz Holding GmbH and Co. Beteiligungs KG
- Metcal (OK International)
- PACE Worldwide
- Sorny Roong Industrial Co. ,Ltd.
- Vimla Engineering
- Weller Tools GmbH
- XYtronicoUSA