Global Hand Soldering Market Growth 2023-2029

Global Hand Soldering Market Growth 2023-2029

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?

Please note: The report will take approximately 2 business days to prepare and deliver.