Global Hand Soldering Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hand Soldering Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Hand Soldering market finds that the global Hand Soldering market reached a value of USD 1275.64 million in 2022. It’s expected that the market will achieve USD 1630.25 million by 2028, exhibiting a CAGR of 4.17% during the forecast period.

Market Challenges

The slow adoption of advanced soldering processes in developing countries across the globe can have a negative impact on the demand for soldering equipment.
Numerous small size players offer services and equipment at relatively low prices .
Counterfeit equipment in the market can further affect the revenue streams of original equipment manufacturers.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

Weller Tools GmbH is one of the major players operating in the Hand Soldering market, holding a share of 6.24% in 2019.

Weller Tools GmbH manufactures machine tools. The Company produces soldering equipment, fume extraction devices, electric screwdrivers, other products, and accessories. Weller Tools GmbH serves customers worldwide.

Ersa GmbH manufactures soldering systems. The Company offers range of products in hand soldering, repair and inspection systems, as well as semiautomatic and fully automatic machines for wave and selective soldering. Ersa conducts its business worldwide.

Segmentation Overview:

Among different product types, Soldering iron segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Electronics Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Hand Soldering market covered in Chapter 3:

JBC
Nanjing Huaxia
CT BRAND
Hakko
GOOT
Hexacon Electric
ESICO TRITON
ATTEN
Quick
Weller
PACE Worldwide
Ersa
Metcal
EDSYN
UNIX

In Chapter 4 and Chapter 14.2, on the basis of types, the Hand Soldering market from 2018 to 2029 is primarily split into:

Soldering Iron
Soldering Pot/Bath
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hand Soldering market from 2018 to 2029 covers:

Electronics Industry
Semiconductor
Repairing
Construction
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)